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2 years ago

What strategy helps you create a well-balanced portfolio for income

Business

1 answer:

Alex787 [66]2 years ago

4 0

Answer:

A. Diversifying your portfolio to minimize risk while maximizing rate

of return.

Explanation:

But D could also work. I'm still going with A though because it seems like a better answer

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Connors Corporation acquired manufacturing equipment for use in its assembly line. Below are four independent situations relatin

kobusy [5.1K]

Answer:

A: we reocrd at cost, which is the discounted price:

40,000 x (1 - 2%) = 39,200

Equipment 39,200 debit

Cash 39,200 credit

B: we discount the note implicit interest:

42,000 / 1.12 = 37,500

Equipment 37,500 debit

Note payables 37,500 credit

C: Because; there is commercial substance we recognize the loss on the old equipment as the book value is 13,500 while it is being traded at 8,500

We write off, post the cash used and the loss. The new equipment enter the accounting for the difference to blaance the entry:

equipment 45,500 debit

acc depreciation 15,500 debit

loss at disposal 5,000 debit

cash 37,000 credit

equipment 29,000 credit

D: we evaluate the equipment at fair value

Equipment 40,000 debit

common stock 2,500 credit

additional paid-in 37,500 credit

We now it is no-par therefore there is an additional paid in.

<em>As we aren't provide with the face value we assume is 1 dollar.</em>

Explanation:

5 0

3 years ago

On March 31, the end of the first month of operations, Barnard Inc. manufactured 15,000 units and sold 12,000 units. The followi

WARRIOR [948]

Answer and Explanation:

The computation of the unit cost of goods manufactured is shown below:

<u>Particulars variable costing absorption costing</u>

variable cost of $108 $108

goods manufactured ($1,620,000 ÷ 15,000)

Fixed manufacturing

cost $14

($210,000 ÷ 15,000)

unit cost of goods

manufactured $108 $122

3 0

3 years ago

The first benefit of trade given in Chapter 2 is that "trade makes people better off when preferences differ." How does the stor

Bess [88]

Answer: Dr. Bostwick was able to provide medical services that did not satisfy his own wants, so he exchanged those services for money that he used to buy things that did. Professor Boudreaux had money but desperately wanted a pediatric gastroenterologist to treat his son.

Explanation:

Trade generates value by transferring goods or services from those who value them less to the people who need them more. The only way people can decide to specialize in the making of a single good or service is because they already know they can trade it for other goods they do need.

In the video 'How the Division of Knowledge Saved My Son's Life', Professor Boudreaux explains that it was thanks to Dr. Bostwick specialization on pediatric gastroenterology that his son´s life was saved.

7 0

3 years ago

which statement regarding variable overhead variance analysis is true? multiple choice question. the variable overhead efficienc

galben [10]

The variable overhead efficiency variance uses exactly same inputs as direct labor efficiency variance statement regarding the variable overhead variance analysis is true.

<h3>What is variable overhead?</h3>

The varying production costs a business incurs while operating are referred to as "variable overhead." As industrial output changes, so do variable overhead expenses. Different from variable overhead are the general expenditures associated with administrative tasks and other operations that have predetermined budgetary requirements. Organizations need to understand variable costs clearly in order to prevent overspending, which can reduce profit margins. They will be able to precisely set prices for future products thanks to this. For businesses to succeed and stay in operation, they must invest money in the development and promotion of their goods and services. The term "overhead" refers to all costs related to operating a firm, such as managers, salespeople, and marketers for both the corporate office and the manufacturing plants.

To learn more about variable overhead, visit:

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6 0

1 year ago

If a firm decide to eliminate a product line that produce a yearly net lo of $21000 it yearly net income

mina [271]

Option A is the proper response. It will only increase by $21,000 if it can completely eliminate all of the fixed expenses related to that product line.

Net income, in both business and accounting, is an entity's revenue fewer costs, depreciation and amortization, interest, and taxes for a given accounting period.

All fixed expenses related to a discontinued product line should also be discontinued. then the corporation can add $21,000 to its overall net profits. When a product line is discontinued, variable expenses are automatically eliminated.

The correct response is A. only if it can eliminate all of the fixed costs related to that product line will it increase by $21,000.

To learn more about Net Income, refer to this link:

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<u>COMPLETE QUESTION:</u>

If a firm decides to eliminate a product line that produces a yearly net loss of $21,000, its yearly net income

A. will increase by $21,000 only if it can eliminate all of the fixed costs associated with that product line.

B. will increase by $21,000 only if it can eliminate all of the variable costs associated with that product line.

C. will automatically increase by $21,000.

D. will decrease unless the firm can eliminate all of the fixed costs associated with that product line.

4 0

1 year ago