The business cycle is the movement of an economy from one condition to another and back again. The business cycle is also known as the economic cycle or trade cycle. This cycle represents the movement of resources from one end and their comeback at the same end after revolving. It can be understood as a businessman invests money in the business in the form of costs and the money comes back in the form of revenue or sales.
Hence the answer is the <u>Economic cycle</u>
Answer:
Ethical Audit
Explanation:
A(n) ethical audit is defined as the frameworks that employees can use to help make conclusions about ethical actions by following a short, step-by-step list of rules.
An ethical audit can also be defined as the guidance for employee behavior provided in policies and procedures of the company or employer
Usually an ethics audit will aid an employee to make a comparison between actual employee behavior and the expected employee behavior provided in policies and procedures.
Answer:
B) Your portfolio has a beta equal to 1.6, and its expected return is 15%
Explanation:
Since the correlation coefficient between both stocks X and Y is zero, when one stock has an expected return a little higher than 15%, the other stock will have an expected return a little lower than 15%, so both variations basically cancel out each other. So the average expected return for both X and Y will be 15%.
Answer:
The amount for gross trade account receivable is $520
The amount for bad debt expense is $144
Explanation:
The gross amount receivable is total receivable amount from the sales made. In the given scenario the amount receivable for the year is $443 plus the provisions made at the end of the year. The gross receivable is $520.
