Answer and Explanation:
For preparing the budgeted balance sheet as of December 31,2020 we need to refer the data of balance sheet as of December 31,2019 so that the firm could get an idea.
Also by referring the income statement, statement of owner equity, profit and loss account we can get an idea so that it becomes easy for the company to prepare the budgeted balance sheet
Answer:
$745.45
Explanation:
The expression that describes the future value of an investment (P) at an annual rate (r) for a period of n years, compounded annually is:
If the future value of an investment is $1,500 after 12 years at a rate of 6%, the present value (P) is:
The investment is worth $745.45 today.
I believe the answer is d. Hope this helps!!!!:)
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
