The answer, on the point of view of Boster, is A. Debit notes receivable and credit accounts receivable (not payable i think). This is from the point of view of Boster. So to Boster, he will have an accounts receivable by Martin company. So what Martin did is that he offered a promissory note to Boster. This will increase Boster's notes receivable. At the same time, this will also lessen Boster's accounts receivable since this turned into a notes receivable.
Answer: See explanation
Explanation:
I believe that the main thing here that can favor my company is if there's documentation for every process involved with my dealings with Regina Fabrics.
This could have been solved if she didn't reject the cash that was offered to her company after two months, so there should be a formal documents that shows that she rejected the cash which should be acknowledged and signed by her. Also, the monthly payments received by her should be documented as well.
With regards to the above, if there is a formal documentation in place, then I won't have to pay as the guaranty but if this isn't in place, then I may have to pay since there won't be evidences against her.
Im pretty sure its C
hope this helps best of luck :)
Answer:
The Treynor index for the stock will be 0.02.
Explanation:
The average return of the stock is 10%.
The average risk-free rate is 7%.
The standard deviation of the stock's return is 4%.
Stock's beta is given at 1.5.
Treynor index
= (Portfolio return- risk free return)/beta of the portfolio
=(0.10-0.07)/1.5
=0.03/1.5
=0.02
So, the Treynor index for the stock will be 0.02.
Answer:
The certificate of deposit be worth $338496.8 at the end of five years if interest is compounded at an annual rate of 9%
Explanation:
Certificate of deposit of 220000 after 5 years @ 9% is calculated as below
As per the Present and future value tables of $1 at 9% presented
FVA of $ 1 after 5 years is 5.9847 and
PVA of $ 1 after 5 years is 3.88965
PV of 220000 will become = 220000*5.9847/3.88965
= $338496.8
Therefore, The certificate of deposit be worth $338496.8 at the end of five years if interest is compounded at an annual rate of 9%
