From my knowledge, Lenders are the people who make them.
Answer:
- The amount expensed by the end of the year is $520.
- The balance in the supplies account at the end of the year, after the adjusting entries have been prepared and posted is $2,000.
Explanation:
To calculate the amount of supplies that was expensed, we simply deduct the closing balance of $2,000 from the opening balance of $2,520, as follows: $2,520 - $2,000 = $520. So, the amount of $520 was expensed during the year and the appropriate entries recorded will be:
Debit Supplies expense $520
Credit Supplies $520
<em>(To record the amount of supplies expensed)</em>
Answer:
. A. the allocation of the investment portfolio across broad asset classes
Explanation:
Asset allocation is a strategy where an investor spreads his investments in different classes of assets. The purpose of asset allocation is the minimize risks through diversification. An individual asset allocation strategy is guided by their risk tolerance, personal goals, and investment horizon.
The three classes of assets where investors can place their investments are fixed incomes, equities, and cash and cash equivalents. Financial advisors encourage asset allocation to shield against deterioration of investments in certain classes.
Answer:
The real estate should charge $1,300 to obtain maximum profit.
Explanation:
We can make K to represent the number of unit apartment occupied.
This means that the total rent the real estate office is getting can be denoted by;
{(550 + 25(80 - K)} K - 50K
Maximizing the above equation, we have;
y = 550K + 2,000K - 25K^2 - 50K
Collect like terms
= 2,500K - 25K^2
y' = (2,500K - 25K^2)' = 2,500 - 50K
y = 0
2,500 - 50K = 0
2,500 = 50K
K= 50
Rent is therefore;
Rent = 550 + (80 - K)25, where K is 50
= 550 + (80 - 50)25
= 550 + (30)25
= 550 + 750
= $1,300
Answer:
The correct answer is A
Explanation:
Operations management is the term which is defined as the management of the firm or an organization production systems or the productive resources, which help in converting the inputs into the service or product.
The factors which will influence the evolution of the operations management are scientific management, trends in business, industrial revolution, the HR movement, influence of Japanese manufactures and decision models and management science.
