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3 years ago

Diversification is important in investing because...

1 answer:

6 0

It aims to maximize return by investingin different areas that would each react differently to the same event. Most investment professionals agree that, although it does not guarantee against loss, diversification is the most important component of reaching long-range financial goals while minimizing risk. I hope this helps! :)

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University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developi

expeople1 [14]

Answer:

First calculate total machine hours

1500 + 1500 + 4500 = 7500 total machine hours

personnel = 1500/7500 x 4,800

printing = 1500/7500 x 4,800

developing = 4500/7500 x 4,800

for personnel:

500 printing + 3,500 developing = 4,000

For Departments:

printing = 500/4,000 x 15,760

developing = 3,500/4,000x 15,760

6 0

3 years ago

Piper Company sells merchandise on account for $1,800 to Morton Company with credit terms of 2/10, n/30. Morton Company returns

NNADVOKAT [17]

Answer:

The journal entry is as follows:

Cash A/c Dr. $1,176

Sales returns and allowances A/c Dr. $600

Sales discounts A/c Dr. $24

To accounts receivable $1,800

(To record the receipt of the check)

Workings:

Sales discount = 2% of ($1,800 - $600)

= 0.02 × $1,200

= $24

3 0

3 years ago

On January 1, 2018, White Corporation signed a $ 120,000, four-year, 2% note. The loan required White to make payments annu

VladimirAG [237]

Answer:

Dr cash $120,000

Cr Notes payable $120,000

Dr interest expense $2,400

Dr notes payable $30,000

Cr cash $32,400

Explanation:

The issuance of the notes payable of $120,000 means that White Corporation's cash inflow has increased by $120,000 while its corresponding loan obligation has also gone up by the same amount.

On 31 December 2018,White Corporation would need to repay $30,000 principal plus interest of $2,400 ($120,000*2%).The interest payment is debited to interest expense while $30,000 repayment is debited to notes payable and cash is credited with the total of $32,400

3 0

3 years ago

Lenovo, the chinese computer manufacturer, is a corporation where it is difficult to identify one country as the home country. l

baherus [9]

The answer to this question is a "Stateless Corporation". Lenovo, a known and a big time Chinese computer manufacturer that sells their product in different part of the globe is a corporation where it is difficult and hard t be identified in one country as their home country. Then this Lenovo computer company can be described and called as a stateless corporation.

7 0

3 years ago

Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. an increase in the price of tomatoe

denpristay [2]

Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. An increase in the price of tomatoes will LOWER the total surplus in the market for mustard

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3 years ago