You are born in 2001
That is because in 2018 you would be 17 years old and in July, 2019 you would turn 18 years old
Answer:
a. Accounts Payable: B
b. Cash: B
c. Common stock: B.
d. Account Receivables: B
e. Rent expenses: I
f. Service revenue: I
g. Office supplies: B
h. Dividends: RE
i. Land: B
j. Salaries Expenses: I
Explanation:
a. Accounts Payable: I
It is recorded in the Liability part to showed amount owed to suppliers.
b. Cash: B
It is recorded in the Current Asset part to show amount of cash on hand and in bank.
c. Common stock: B
It is recorded in the Owner Equity part to show Owner's capital contribution
d. Account Receivables: B
It is recorded in the Asset part to show amount owed from customers.
e. Rent expenses: I
It is recorded in the expenses part of income statement.
f. Service revenue: I
It is recorded in the revenue part of income statement.
g. Office supplies: B
It is recorded in the current asset part of the Balance Sheet statement to show how much office supplies is not consumed/ fully consumed.
h. Dividends: RE
It is recorded in the Statement of Retained Earnings to show dividend paid out in the reporting period.
i. Land: B
It is recorded in the Non-current Asset part of the balance sheet to show Book value of land possession.
j. Salaries Expenses: I
It is recorded in the expenses part of income statement.
Answer:
(a) Go down
(b) Decrease
(c) Increase
Explanation:
a) In a perfect competition (PC) market, all market participants are price-takers. In other words, if a company decides to raise price of its current product, customers can easily switch to another substitute which is offered by another seller in the market. Thus, in a PC market, computer prices over time will go down.
b) Even though computer firms are reaping high profits, in the long-run, however, the profit will decrease because new companies will enter the market and offer customers a similar quality but lower price products. It is due to the nature of a PC market, where there is no barrier to entry.
c) Number of computer firm in the market over time will increase because there are no barriers that hinder the entrance of new computer firms from entering the market.
Late payments remain on a credit report for seven years from the date of the missed payment. If you have a closed account that was delinquent, the account itself will be removed from the report seven years from the date the account first became late and after which was never again current.
Answer:
1. the arithmetic average quarterly return = 8.79%
2. the standard deviation of quarterly returns = 17.8788%
3. the Sharpe ratio of Samsung stock for the next quarter= 0.435593
Explanation:
From the given question;
We use the EXCEL SOFTWARE TO CALCULATE THE:
the arithmetic average quarterly return
the standard deviation of quarterly returns &
the Sharpe ratio of Samsung stock for the next quarter
In the two diagram attached below, the first show the data entry and the output and the second diagram show how we compute the cell reference to estimate the answers.
