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2 years ago

The complete portfolio refers to the investment in _________.

Business

1 answer:

____ [38]2 years ago

4 0

Answer:

In finance speak, a portfolio refers to a collection of investments or financial assets held by an individual, investment company, financial institution or hedge fund. This grouping of financial assets can include everything from gold and property to stocks, bonds and cash equivalents.

Explanation:

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At the end of the fiscal year, the usual adjusting entry to update Prepaid Rent for the portion of the benefit that was used up

TEA [102]

Answer:

d. net income for the year will be overstated.

Explanation:

The prepaid rent account is used to record the amount paid in advance for rent. Once the amount is paid, the entries required are

Debit Prepaid rent

Credit Cash account

On subsequent use of the rent, the required entries are

Debit Rent expense

Credit Prepaid rent

As such where at the end of the fiscal year, the usual adjusting entry to update Prepaid Rent for the portion of the benefit that was used up / expired was accidentally omitted, net income for the year will be overstated as the rent expense that would have been posted to reduce it would have been omitted.

6 0

3 years ago

What is quality control?

lilavasa [31]

Quality control is a system maintaining standards in manufacturing products by testing a sample of the output against the specification.

Quality control is used to meet or exceed customer requirements and is vital in the manufacturing part of businesses.

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4 0

3 years ago

Given the following information, compute the property tax rate for the community in percentage terms. Total budget expenditures:

Llana [10]

Answer:

Explanation:

The property tax rate required in the given question shall be determined through the following mentioned formula:

Property tax rate=[(Budget expenditure-Non property tax income)/Assessed value of the all properties-Total exemption)]

Based on the above formula:

Property tax rate=[($108 million- $50 million)/($2,000 million-$550 million)]

Property tax rate=$58 million/$1,450 million

Property tax rate=4%

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3 years ago

Dubai Corporation is looking to purchase a building costing $830,000 by paying $265,000 cash on the purchase date, and agreeing

neonofarm [45]

Answer:

Each payment is closest to $41,573.69.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the balance to pay for the building = $830,000 - $265,000 = $565,000

P =Quarterly payment or payment after every three months = ?

r = Quarterly interest rate = Incremental borrowing rate / Number of quarters in a year = 16% / 4 = = 4%. or 0.04

n = number of quarters = Number of years * Number of quarters in a year = 5 * 4 = 20

Substitute the values into equation (1) and solve for P, we have:

$565,000 = P * ((1 - (1 / (1 + 0.04))^20) / 0.04)

$565,000 = P * 13.5903263449677

P = $565,000 / 13.5903263449677

P = $41,573.69

Therefore, each payment is closest to $41,573.69.

4 0

3 years ago

Karishma and Stephen, co-owners of Roundtree Corporation, are discussing a new benefits package they are considering for their e

nalin [4]

Stephen should be more concerned with the shareholder management theory and Karishma should be more concerned with the stakeholder management theory.

The following information should be considered:

For shareholder:

It is the owners of the company,
It could be equity or preference shareholder.
It should be considered when they are limited by shares.

For stakeholder:

They are not the owners but have an interest in the company.
Each company contains the stakeholder.
It includes the creditors, government, etc.
It should be considered for the performance of the company.

Therefore we can conclude that Stephen should be more concerned with the shareholder management theory and Karishma should be more concerned with the stakeholder management theory.

Learn more about the management here: brainly.com/question/14874943

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3 years ago