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3 years ago

What can behavioural Finance teach us about finance ?

Business

1 answer:

guajiro [1.7K]3 years ago

8 0

Finance by behavioral finance:

The behavioral finance seeks to take the conduct into account which is concerned with the rationality or otherwise of humans making monetary investment decisions.

Knowing behavioral finance helps one forestall emotion-driven betting which leads to losses and therefore offers an high-quality approach for wealth management.

Behavioral finance studies how selections are created by all types of investors, from private people to skilled investors and covers all spectrum. It focuses on the actual fact that investors aren't constantly rational, have limits to their self-control, and are influenced by their own biases.

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Century Real Estate’s primary broker is John Kerr. John is licensed as the broker of that company and he is licensed as a broker

fomenos

Answer:

The broker is doing two different jobs; so it is okay to have two different licenses.

Explanation:

In this case, since the broker is doing two different jobs then it is okay for him to have two different licenses. In a hypothetical case that the individual Broker was doing the same job role for two different companies then that would be considered a form of conflict of interest and may cause problems with both firms in the future. Since this is not the case, then he should not have any problem.

3 0

3 years ago

The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying, "I don't have time." Yo

IgorC [24]

The April ledger accounts for cash showed is :

JEFFERSON COMPANY

Bank Reconciliation, April 30, Current Year

Company's Books Bank Statement

Ending balance per cash account 26100 Ending balance per bank statement 23690

Additions: Additions:

Interest collected 1320 Deposits in transit 7200

1320 7200

27420 30890

Deductions: Deductions:

NSF—A. B. Wright 270 Outstanding checks 3800

Bank charges 60

330 3800

Correct cash balance 27090 Correct cash balance 27090

General Journal Debit Credit

1 Cash 1320

Interest revenue 1320

2 Accounts Receivable—A. B. Wright 270

Cash 270

3 Bank service charge expense 60

Cash 60

Cash balance 27090

Total amount of cash 27090

Deposits in transit = 43300-36100 = 7200

In accounting, a well-known ledger is used to file all of an agency's transactions. inside a general ledger, transactional data is organized into assets, liabilities, sales, fees, and proprietor's equity. After each sub-ledger has been closed out, the accountant prepares the trial stability.

Ledger wallets are USB storage devices that hold more than one currency offline. It shops your non-public keys on the tool, making it tough for online hackers to get admission to your bills. If the bodily tool is stolen, customers depend upon a 24-word backup recovery word to get the right of entry to saved cryptocurrencies.

Learn more about ledger here brainly.com/question/24835236

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5 0

1 year ago

You have just finished preparing a formal report on a proposed company merger. You are about to complete your title page. What s

USPshnik [31]

Answer:

The correct answer is letter "A": Title; author’s name; name of report; name and organization of the receiver; author’s title; date of submission.

Explanation:

The title page is the front page that starts every formal report. It gives the first impression on how well structured the study has been compacted and provides an overall idea of what is the report going to be explaining. The correct order of information that must be included is:

Title
Author’s name
Name of report
Name and organization of the receiver
Author’s title
Date of submission

Some of them include an abstract at the bottom of the page adding a brief summary of the content, usually to attract the reader.

7 0

3 years ago

On January 1, ABC, Inc., issued $100,000 of 10%, 5-year bonds, for $92,280. Interest is due semiannually. When ABC records the f

Rina8888 [55]

Answer:

A. The debit to Interest Expense will be greater because the market rate is greater than the stated interest rate.

Explanation:

The effective interest rate is the market rate which is real rate of interest payment after incorporating the compounding effect. When the effective interest rate is greater than the stated the bond will sell at discount. The stated interest rate determines the amount of interest borrower will have to pay. The effective interest rate lead to higher returns than stated interest rate.

5 0

3 years ago

Which of the statements below is FALSE? A. Common stock's ownership claim on the assets and cash flow of a company is often re

elixir [45]

Answer:

The option B. The profits for common stock owners come before payment to employees, suppliers, government, and creditors. is the false statement.

Profit is any amount that is left after setting aside the cost and liabilities. It is financial gain which is represented by the difference between the amount that is spent and the amount that has been earned or gained. Whereas common stock is a kind of a common share holder equity which also considered to be a type of a security.

8 0

3 years ago