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2 years ago

A company bought a computer for$1,500. Three years later, the computer was sold for $300.

1 answer:

6 0

The accounts that will be used to record the disposal of the assets are Gain/loss on sale of asset and Sales Income

<h3>What is a disposal account?</h3>

A disposal account calculates the gain or loss account that appears in the income statement.

The disposal account records the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.

Hence, the account that will be used to record the disposal of the assets is Gain/loss on sale of asset and Sales Income

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What is the standard deviation of a stock that has a 10% chance of earning 18%, a 10% chance of making 11%, a 40% chance of maki

Yakvenalex [24]

Answer:

A. 7.95%.

Explanation:

Calculate the expected rate of return for the investment as follows:

$\begin{aligned}\text { Expected rate of return } &=(\text { Probability } \times \text { Rate of return })+(\text { Probability } \times \text { Rate of return })+\\&(\text { Probability } \times \text { Rate of retum }) \\=&(0.40 \times 15 \%)+(0.50 \times 10 \%)+(0.10 \times-3 \%) \\=& 0.06+0.05-0.003 \\=& 0.107$

Calculate the standard deviation of the investment as follows:

$\begin{aligned}\text { Standard deviation }=&\left\{\begin{array}{l} \text { Probability } \left.\times(\text { Return }-\text { Expected return })^{2}\right)+ \\\text { (Probability } \left.\times(\text { Return }-\text { Expected return })^{2}\right)+ \\\text { (Probability } \left.\times(\text { Return }-\text { Expected return })^{2}\right)\end{array}\right.$

= $\sqrt{\left(0.40 \times(0.15-0.107)^{2}\right)+\left(0.50 \times(0.10-0.107)^{2}\right)+} \\=\sqrt{0.0007396+0.0000245+0.0018769} \\=\sqrt{0.002641} \\=0.05139066063011$

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3 years ago

The following data were collected during a study of consumer buying patterns:

makvit [3.9K]

Dude what is this even for i have never seen this in my life wow i wish the best of luck to you because that is a doozie.

7 0

3 years ago

The demand for ski rentals falls when the price of lift tickets increases. This is an example of?

romanna [79]

The demand for ski rentals falls when the price of lift tickets increases. This is an example of Price Elasticity of demand.

<h3>What Is Price Elasticity Demand?</h3>

This refers to the relationship between the price of a commodity relative to the demand of that same commodity.

In other words Price elasticity of demand is a measure of how sensitive the quantity demanded is to its price.

When the price increase, quantity demanded for such product decreases. It is important to note that the fall in prices of some product is more than the others.

Learn more about Price Elasticity of Demand at brainly.com/question/5078326

#SPJ1

5 0

2 years ago

HELP PLEASE 99 POINTS AND BRAINIEST!!!!!!!!!!!

pashok25 [27]

Hello,

Her are 7 "Seven things a business should look at."

· solutions, products, and services,

· marketing skills,

· financial strength,

· response capability,

· resource availability.

Hope this helps, Have an awesome day!

3 0

3 years ago

Read 2 more answers

Below is the complete list of accounts of Sooner Company and the related balance at the end of April. All accounts have their no

allochka39001 [22]

Answer:

Trial Balance

Debit Credit

Land 53000

Accounts Receivable 5400

Cash 3200

Prepaid Rent 6700

Accounts Payable 3600

Deferred revenue 1950

Common Stock 33000

Retained earnings 21250

Service Revenue 24700

Salaries expense 7500

Supplies expense  8700   

Totals 84500 84500

Explanation:

The trial balance has been made in the answer section.

3 0

3 years ago