Amrit initiated a new venture with cash Rs 20,000 ,bank balance Rs 80,000 and computer Rs 50,000

Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its rece

Shkiper50 [21]

Answer:

$106 million

Explanation:

allowance for doubtful accounts

debit credit

beg. balance 426

bad debt 85

ending balance <u>405 </u>

106

Since you need $106 million to balance the account, that should be the amount of bad debt written off during the current year. Allowance for doubtful accounts is a contra asset account, any debit balance increases accounts receivable while a credit balance decreases it.

6 0

3 years ago

Costs being equal, when a firm has a higher value gap than its competitor, it can be inferred that the firm:

Ronch [10]

Can charge a premium price for its items or goods and also for administrations charges usually termed as services .
Since clients need to see items as being justified regardless of the higher sticker price, a business must endeavor to make an esteem observation. Alongside making an excellent item, proprietors ought to guarantee their showcasing endeavors, the item's bundling and the store's stylistic theme all join to help the superior cost.

6 0

3 years ago

You purchased five August 13 futures contracts on soybeans at a price quote of 1056′6. Each contract is for 5,000 bushels with t

stira [4]

Answer:

B) $1,187.50

Explanation:

The computation of the total profit or loss on this investment is given below:

Expiration price = 1061'4 = 1061 + 4 ÷ 8 = 1061.50

Quoted price = 1056'6 = 1056 + 6 ÷ 8 = 1056.75

Now the profit is

= (1061.50 - 1056.75) × 5000 × 5

= $1,187.50

Hence, the profit on this investment is $1,187.50

3 0

2 years ago

Suppose that a portfolio has a beta of 1.15. Over the period of one year, the portfolio had a return of 12.4% with a standard de

Darina [25.2K]

Answer and Explanation:

Given:

Weighted average β = 1.15

Average return (r) = 12.4%

Risk free return (Rf) = 1.2%

Market return (Rm) = 10.2%

Standard deviation (SD) = 16.2%

Computation of Jensen's α :

Jensen's α = r - [Rf + β(Rm - Rf)]

Jensen's α = 12.4% - [1.2% + 1.15(10.2% - 1.2%)]

Jensen's α = 12.4% - [1.2% + 10.35%]

Jensen's α = 12.4% - 11.55%

Jensen's α = 0.85%

Computation of Treynor's index :

Treynor's index (Ratio) = (r - Rf) / β

Treynor's index (Ratio) = (12.4% - 1.2%) / 1.15

Treynor's index (Ratio) = 11.2% / 1.15

Treynor's index (Ratio) = 9.73913043%

Treynor's index (Ratio) = 9.74% (Approx)

Computation of Sharpe's index :

Sharpe's index (Ratio) = (r - Rf) / SD

Sharpe's index (Ratio) = (12.4% - 1.2%) / 16.2%

Sharpe's index (Ratio) = 11.2% / 16.2%

Sharpe's index (Ratio) = 0.69 13%

5 0

3 years ago

In the long run, when marginal cost is above average total cost, the average total cost curve exhibits

serg [7]

The answer is B

Have a good day

6 0

3 years ago

Amrit initiated a new venture with cash Rs 20,000 ,bank balance Rs 80,000 and computer Rs 50,000​

Amrit initiated a new venture with cash Rs 20,000 ,bank balance Rs 80,000 and computer Rs 50,000