Answer:
c. 7215
Explanation:
Number of shares of Stock C = 275
Value of Stock C = $52
Number of shares of Stock D = 240
Value of Stock D = $23
The weight of stock of a given stock is defined by the total value of the stock divided by the total value of the portfolio. For stock C:
The weight of of Stock C is 0.7215 or 72.15%.
Answer:
52.85 / 50.14 / yes
Explanation:
the key to answer this question is to understand the logic of present values / future values:
where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:
a. if we deposit today 50, we are been asked to calculate the future value, so:
b.if we want to have 53 in one year, we are been asked to calculate a present value:
c. is clear that is better to borrow to the friend because in one year he will pay more than bank
Solution:
Given,
The sums of consumer cash earned during the year ending December 31, 2019 were $314,000 and accounts receivable were lowered by $42,000.
Sales on account for the year ended December 31, 2019 :
Credit sales = Cash collected + Increase / ( Decrease ) of accounts receivable
Credit sales = $ 314,000 - $ 42,000
Credit sales = $ 272,000
Answer:
Explanation:
Crane Co
June 1. Credit: Sales $52,200
Debit: Acc receivable $52,200
Being sales on account
June 12 Debit: Bank. $ 50,634
Debit: Discount Allowed $1,566
Credit: Acc receivable. $52,200
Being payment received on sales
Answer: The statement is <u>TRUE.</u>
Explanation: The theory of purchasing-power parity is an economic theory that tries to calculate the exchange rate between the currencies of two countries necessary so that the same basket of goods and services can be purchased in the currency of each one, that is, so that the purchasing power (or purchasing power) ) of both currencies is equivalent.
