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3 years ago

5

If investors speculate in derivative contracts rather than the underlying asset, they will probably achieve ________ returns, an

d they are exposed to relatively ________ risk.

1 answer:

Ede4ka [16]3 years ago

8 0

Answer:

Explanation: do your best and i hope you do good

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On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the not

k0ka [10]

Answer:

The journal entry would be:

Explanation:

Note: Options are missing so providing the journal entry.

The journal entry would be for recording the collection of the note is:

October 30

Cash A/c.........................Dr $10,150

Interest Revenue A/c.........Cr $150

Notes Receivable A/c.........Cr $10,000

On October 30, the amount is collected so the any increase in cash is debited. Therefore, cash account is debited. And it is collected against a notes Receivable of $10,000 so it leads to decrease in liability, it is credited. Therefore, the notes receivable is credited. And the interest revenue is credited.

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3 years ago

Below are the account balances for Cowboy Law Firm at the end of December.

drek231 [11]

Answer:

<u>Cowboy Law Firm</u>

<u>Income statement for the year ended December.</u>

$

Service revenue 8,900

Less Expenses :

Salaries expense (2,000)

Utilities expense (1,100)

Net Income / (Loss) 5,800

Explanation:

Income statements shows Revenues earned and Expenses incurred at the end of the trading period.

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3 years ago

Goofy Inc. had accounts receivable of $200,000 and an allowance for uncollectible accounts of $8,500 just before writing off as

SpyIntel [72]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago

Should Obama Care system be continued into the future ?? Yes or No and why ??

chubhunter [2.5K]

I believe so considering an average of 20 million US citizens depend on it. Hope this helps.

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3 years ago

Read 2 more answers

On January 1, 2018, David Mest Communications granted restricted stock units (RSUs) representing 25 million of its $1 par common

natima [27]

Answer:

See the explanation below.

Explanation:

Total compensation expenses = 25 million * 15 = $375 million

1. On December 31, 2018.

Compensation expenses = $375 million / 3 = $125 million

Journal entries will be as follows:

<u>Details Dr ($'Million) Cr ($'Million) </u>

Compensation expenses 125

Paid-in Capital - Restricted stock 125

<u><em>To record the compensation expenses for 2018. </em></u>

2. On December 31, 2019.

Compensation expenses = [$375 million * 96% * (2/3)] - $125 million = $115 million

Journal entries will be as follows:

<u>Details Dr ($'Million) Cr ($'Million) </u>

Compensation expenses 115

Paid-in Capital - Restricted stock 115

<u><em>To record the compensation expenses for 2019. </em></u>

3. On December 31, 2020.

Compensation expenses = ($375 million * 96%) - $125 million - $115 million = $120 million

Journal entries will be as follows:

<u>Details Dr ($'Million) Cr ($'Million) </u>

Compensation expenses 120

Paid-in Capital - Restricted stock 120

<u><em>To record the compensation expenses for 2020. </em></u>

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3 years ago