Answer: 0.51
Explanation:
Nominal rate = 1.85%
Inflation rate = 1.90%
Real rate of return = (1 + nominal rate / 1 +inflation rate) - 1
Real rate of return = ((1 + 0.0185) / (1 + 0.019)) - 1
= (1.0185 / 1.019) - 1
= 0.9995 - 1 = - 0.0005
Therefore, the real dollar return I. $1,020 equals
0.0005 × 1020 = 0.51
Answer:
Alima will pay 40 dollars in management of her fund.
Explanation:
A basis point is equivalent of 1/100th of 1%
an expense ratio of 8 baiss point will be equivalent to 0.08%
0.08/100 = 0.0008
The managenement will get this as expense ratio while invesotr will see their investment yield decreases for this amount.
On a yearly basis Alima will pay $50,000 x 0.0008 = 40 dollars
Answer:
The answer is attached for ease of understanding and reference.
Explanation:
Answer:
(B) debit Bad Debt Expense, $14,000; credit Allowance for Doubtful Accounts, $14,000
Explanation:
allowance fordoubtful accounts 1,100 debit
expected uncollectible 12,900
adjustment 14,000
We have to adjust to react the 12,900 as ending balancefor the allowance so we have to adjust as much as it takes to be 12,900 balance.
Answer:
See attached picture for detailed answer.
Explanation:
See attached picture.
