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lara [203]
2 years ago
14

Sally Smith decided to start a sea shell business. Her initial investment in the business consisted of $10,000 in cash. Record t

his transaction in the accounting equation of the new business by:
Business
1 answer:
tensa zangetsu [6.8K]2 years ago
8 0

Based on the transaction that Sally engaged in, recording it will involve:

  • Debiting cash for $10,000.
  • Crediting equity for $10,000.

<h3>Recording Sally's transaction. </h3>
  • The cash transaction is an investment which will be recorded in the Shareholder's Equity account.
  • The investment came in cash so will go to the cash account.

When cash is increased as was the case here, it should be debited. When equity increases as was the case here once more, it is to be credited.

Find out more on shareholder's equity at brainly.com/question/26384373.

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If a stock with a beta of 1.4 is expected to return 18% when Treasury bills yield 6%, what is the expected return on the market
ahrayia [7]

Answer:

14.57%

Explanation:

A stock has a beta of 1.4

The expected return is 18%

The risk free rate is 6%

Therefore, the expected return on the market portfolio can be calculated as follows

18%= 6% + 1.4(market return-6%)

18%= 6% + 1.4market return - 8.4

18%= 6-8.4 + 1.4market return

18%= -2.4% + 1.4market return

18%+2.4%= 1.4market return

20.4= 1.4market return

market return= 20.4/1.4

= 14.57%

Hence the expected return on the market portfolio is 14.57%

4 0
3 years ago
Which of the following best describes what a manager does?
Bingel [31]

Answer:

D works for a company and produces resources to make a prpduct

7 0
3 years ago
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When making investments, your primary motivation should be:
alexira [117]

When making an investment, the primary goal of every investor is to make money. Investing is an activity undergone by any individual called investor to gain profit. Profit is the amount of money the investor can earn out of his/her investment. The primary goal of every investor is profit.

7 0
3 years ago
At last year's bass tournament, jim caught 12 bass in a four-hour pe- riod. this year he caught 15 in a six-hour period. in whic
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I think you are asking about the productivity comparison of two years 
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Why are there more elements to the money supply than just the money that is actively circulating?
Sav [38]
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Basic money supply are all the cash held by the public either on hand or in their transaction accounts like savings or checking accounts. These are all money because they have the ability to purchase goods and services aside from cash exchanges.
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