Answer:
$5000
Explanation:
Since Elm City issued a purchase order for supplies with an estimated cost of $5,000, although when the supplies were received, the accompanying invoice indicated an actual price of $4,950, the amount that Elm should credit to encumbrances outstanding in its general fund after the supplies and invoice were received; is $5000
Notice that encumbrances are set aside funds for a purpose, therefore upon ordering, encumbrances balance would increase, and Elm would have passed the following entry
Dr. Encumbrances...$5000
Cr. Fund Balance.....................$5000
Therefore even if the supply came with a shortfall in amount, in order for Elm City to show that the purpose for making that encumbrance has been met, it has to be liquidated by crediting the Encumbrance account by the full amount of $5000
After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
<h3>What is global market?</h3>
Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.
It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.
Examples of global markets are :
- Fast-moving consumer goods
- Clothing
- Automobiles
- Banking,
- Fast food companies
Hence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
Learn more about global market here : brainly.com/question/20860719
Answer:
concept maps work because they <u>visually demonstrate relationships</u>
Answer:
Scam
Explanation:
not 100% sure, but have a great day!
Answer: Treasury Bills - 35%
Stock A - 17.55%
Stock B - 23.4%
Stock C - 24.05%
Explanation:
Hello.
The question was a tad incomplete so I attached the relevant portion from a similar question as a guide.
The client already has 35% invested in T- bills so that would be the T- bill proportion.
Now we need the proportions of the other 3 stocks.
Stock A will be,
= 0.65 (proportion of total portfolio in the fund) * 0.27 (proportion of stock in fund)
= 0.1755
= 17.55% of total portfolio
Stock B will be,
= 0.65 (proportion of total portfolio in the fund) * 0.36 (proportion of stock in fund)
= 0.234
= 23.4% of total portfolio
Stock C will be,
= 0.65 (proportion of total portfolio in the fund) * 0.37 (proportion of stock in fund)
= 0.2405
= 24.05% of the total portfolio.
To check the figures we can add them up.
That would be
= 0.35 + 0.2405 + 0.234 + 0.1755
= 1
So those are the correct proportions of your client’s overall portfolio, including the position in T-bills.
