Answer:
-7.05% per annum
Explanation
Years of investment in painting 1989 to 1995= 6yrs
Expected loss in investment 3.2m- 2.2 m= 1.32
Net loss per annum 1.32/6= 0.22
Annual net loss return=0.22/3.12*100
=7.05%
Answer:
False
Explanation:
Given that,
Accounts receivable = $30,000
Factoring fee charged = 2%
Therefore,
Factory fee = 2% of Accounts receivable
= 2% × $30,000
= $600
The amount $600 has to be subtracted from the accounts receivable.
Hence, the journal entry is as follows;
Cash A/c ($30,000 - $600) Dr. $29,400
Factory fee Expense A/c Dr. $600
To Accounts Receivable $30,000
(To record the account receivable)
Answer:
See explaination and attachment
Explanation:
Stockholders' equity is the amount of assets remaining in a business after all liabilities have been settled. It is calculated as the capital given to a business by its shareholders, plus donated capital and earnings generated by the operation of the business, less any dividends issued.
Balance Sheet is a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
See attachment for the step by step solution of the given problem.
Options
alternatives available are listed below. Which security would enable the highest level of risk diversification? a. 0.0
b. 0.25
c. -0.25
d. -0.75
e. 1.0
Answer:
d. -0.75
Explanation:
In management of risk, diversification is a tool that combines a wide variety of investments within a portfolio.
The least negative security provides the highest level of risk diversification.
In this case, it's -0.75
Diversification spreads risks across various investments, the goal being to increase your odds of investment success and thereby, reducing the risk of loss, i.e. when the ROI on one investment is poor over a certain period, the ROI on others may perform better over that same period.
Further Explanation:
When an organization wants to reach its goals, it has to come up with strategies. No matter how big or small the organization is, it requires writing reports and business messages in order to understand its readers and analyze the audience receiving the message. With direct strategy approach, the main idea or purpose of the message comes at the top of the document while the indirect strategy approach conveys the conclusions and recommendations at the end of the message or report. It is the audience’s reaction conveyed through the messages that we are going to anticipate for. Direct strategy is used more when readers are supportive and eager to have results displayed to them first while indirect strategy is used more when readers need to be educated and persuaded.
