various options Debit receivables from customers, credit sales. Accounts Receivable is debited and Sales Revenue is credited. Sales revenue is debited and deferred revenue is credit. Debit receivables and credit deferred revenue are the two balances.
What are debit and credit?An accounting entry that decreases an asset or cost account is known as a debit. or reduces an equity or liability account. In an accounting entry, it is placed on the left. An accounting item known as a credit raises a liability or equity account's balance. or lowers an account for an asset or expense.
The money that is placed into your checking account is a credit to the bank even if it is a debit to you (an increase in your asset) because it is not their money. It is your money, and the bank owes it to you, so it is a liability on their books. A credit is an increase in a liability account.
Explain debit and credit with an example:
Debit what comes in, credit what leaves, first. Second, credit all gains and revenue while debiting all expenses. Thirdly, debit the sender and credit the recipient.
Can you credit revenue and debit accounts receivable?An accounts receivable transaction in journal entry form debits accounts receivable and credits a revenue account. Credit accounts receivable (to eliminate the receivable) and debit cash (to show that you have been paid) when your customer pays their invoice.
Debit or Credit Account: As a business owner, your equity grows as a result of your revenue. Revenues must be reported as credits rather than debits because your equity typically has a credit balance.
Revenue from sales is it an accounts receivable?
When a business sells anything, it reports the revenue from the transaction on its income statement. They list the amount owed as accounts receivable on their balance sheet if the consumer hasn't yet paid them for the purchase. The amount indicated on the income statement is offset by accounts receivable.
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for which of the following to work must both parties be online at the same time, and the receiver of a message be willing to accept messages?
In instant messaging, both parties are online at the same time, and the receiver of a message is willing to accept the messages.
A message is a discrete unit of conversation intended with the aid of the supply for intake by way of a few recipient or group of recipients. A message can be added by numerous way, along with courier, telegraphy, service pigeon and digital bus. A message can be the content material of a broadcast. An interactive change of messages bureaucracy a communication. One instance of a message is a press release, which may additionally range from a quick document or assertion launched by using a public business enterprise to industrial exposure cloth.
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according the chart, which category of energy star products has increased the most as reflected in the total number of units (in billions) purchased per year between 2000 and 2015?
Home electronics category of energy star products has increased the most as reflected in the total number of units (in billions) purchased per year between 2000 and 2015.
The amount of a certain products or service that is available decreases as demand rises. According to the most recent Bureau of Labor Statistics (BLS) data, the cost of energy has increased by 19.8% in the past year, with the price purchased of gasoline alone rising by around 18.2%. For the year, used car prices are up about 7.2%, while new car prices are up 9.4%. Additionally, the cost of food has gone up by 11.2% since last year.
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four investment return distributions are the same, except for skewness (e.g., same mean and standard deviation). which investment would you chose to increase the likelihood of positive returns?
Four investment return distributions are the same, except for skewness (e.g., same mean and standard deviation). increase the likelihood of positive returns = 0.75.
An asset or item purchased with the intention of generating income or appreciation is referred to as an investment. The term "appreciation" describes a rise in an asset's value over time. When a person buys a product as an investment, they don't intend to use it right away; instead, they plan to use it to make money later on. The term "standard deviation" (or "") refers to the degree of dispersion of the data from the mean. Data are grouped around the mean when the standard deviation is low, and are more dispersed when the standard deviation is high. A set of values' variation or dispersion is measured by the standard deviation.
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What would be the main benefit of paying in cash for a car instead of taking out a loan?.
Answer:
You can pay immediately, with no charge from your bank when paying with cash.
Explanation:
in a business, whose job is it to draw up plans to transform resources into products and bring together basic resources, such as knowledge, physical materials, equipment, and labor?
In a business, whose job is it to draw up plans to transform resources into products and bring together basic resources, such as knowledge, physical materials, equipment, and labor is known as operation manager.
Operation manager is the important part of the management team who oversee top level manager duties.
They analyze the operation process and improves work efficiency which improves quality and productivity of the product.
They are also known as Chief operating officer.
They make the important strategic decisions, policies planning and provides leadership to the team members.
It also helps the human resource manager in the recruitment process.
He works with the senior level managers and take important decisions regarding the organization.
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which manufacturing process would the be most appropriate to use if you were producing and selling custom design wedding cakes?
The manufacturing process that would the be most appropriate to use if you were producing and selling custom design wedding cakes is a make to order process.
What Is Make to Order (MTO)?In manufacturing, the Make to order (MTO) refers to a business production strategy that typically allows consumers to purchase products that are customized to their specifications. It is one of the manufacturing process in which the production of an item begins only after a confirmed customer order is received.
Some of the advantages to Make to order include customization for customers, reduction in stock obsolescence and finished goods inventory and overall waste.
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the cost of manufactured products consists of direct materials, direct labor, and factory overhead. the reporting of all these costs in financial statements is called full disclosure. absorption costing. variable costing. none of these choices are correct.
The correct option is (b). The reporting of all these costs in financial statements is called absorption costing.
A managerial accounting technique known as "absorption costing," also known as "full costing," is used to record all expenses related to producing a specific product. This method accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance.
All manufacturing costs are allocated to products, which is one of absorption costing's features.
Products are assigned fixed and variable manufacturing costs.
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real risk free rate and inflation rat expected to remain at current levels what shape would the treasury yield curve be
The actual risk-free rate and inflation rate are predicted to stay unchanged, resulting in an upward-sloping Treasury yield curve.
An upward-sloping yield curve is one in which longer-term bonds yield more than shorter-term bonds. This is the most typical form because longer-maturity investors often expect a premium to compensate for the extra volatility associated with longer-duration investments.
An upward-sloping yield curve informs investors about predicted economic growth.
A yield curve is a method of measuring bond investors' risk tolerance, and it may have a significant influence on the returns you receive on your investments. A yield curve may even be used to predict the direction of the economy provided you understand how it works and how to read it.
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a fixed asset should be removed from the accounts except a.when it is sold. b.when it is discarded. c.when it is fully depreciated. d.when it is given away.
A. when it has depreciated completely.
When a fixed asset is given away, it should be taken out of the accounts.
When is it appropriate to dispose of a fixed asset?There are a number of possible causes for the asset disposal: The entire depreciation of an asset necessitates its disposal. When an asset is no longer needed or useful, it is sold. Unforeseen circumstances necessitate the removal of an asset from the financial records.
What happens when you sell a decent resource?There are a few things that must happen when selling a plant asset or fixed asset: Up until the date of sale, the fixed asset's depreciation expense must be recorded. Both the updated accumulated depreciation and the cost of the fixed asset need to be eliminated. It is necessary to record the received cash.
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knowledge check 01 consider the following information: standard rate per direct labor-hour $ 2 standard direct labor-hours for each unit produced 3 units manufactured 1,000 actual direct labor-hours worked during the month 3,300 total actual variable manufacturing overhead $ 6,600 assume that direct labor-hours is used as the overhead allocation base. what is the variable overhead efficiency variance? multiple choice $300 f $300 u $600 f $600 u
If actual direct labor-hours worked during the month 3,300 total actual variable manufacturing overhead $ 6,600 assume that direct labor-hours is used as the overhead allocation base. The variable overhead efficiency variance is: D. $600 U.
How to find variable overhead efficiency variance?First step is to find the standard hour (SH)
Standard hour (SH) = 1,000 units × 3 direct labor-hours per unit
Standard hour (SH) = 3,000 hours
Using this formula to find the variable overhead efficiency variance
Variable overhead efficiency variance = SR × (AH − SH)
Where:
SR = Standard rate
AH = Actual hour
SH = Standard hour
Let plug in the formula
Variable overhead efficiency variance = $2.00 × (3,300 − 3,000)
Variable overhead efficiency variance $2.00 × 300
Variable overhead efficiency variance = $600 U
Therefore we can conclude that the correct option is D.
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licensing involves granting a foreign company the right to create a company's product within a foreign country in exchange for a fee. which would not be considered a licensor?
The licensor is the party granting intellectual property rights to another party. The licensee is the party that receives intellectual property rights from another party.
A licensor is a person or organization that officially authorizes another person or organization to create, perform, or possess something: A leading producer and licensee of game shows for television, the firm.
While the licensor is also given permission to utilize the intellectual property under the terms of this license, no third parties are allowed to benefit from these rights. These rights may only be used by the licensee and the licensee.
The business that offers access to its intellectual property through a licensing agreement is known as the licensor or property owner.
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revenues and expenses arising from activities that are not part of the company's operations are classified as
The portion of an organization's income that comes from activities that are unrelated to its core business operations is called non-operating income.
It can include dividend income, investments' profits or losses, foreign exchange gains or losses, and asset write-downs.
Which item does not fall under the category of operating expenses?
A cost that isn't directly related to core business operations is a non-operating expense.Restructuring costs, inventory write-offs, and payments to settle lawsuits are examples of non-operating expenses.
What are non-operating expenses and income?
The accounting term "non-operating expense" refers to expenditures that are unrelated to a company's day-to-day operations, as the name suggests.These costs can include one-time or unusual costs as well as monthly costs like debt interest payments.
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The _ return is the return that an investor will probably earn on a risky asset in the future.
The predicted/expected returns is the go back that an investor will possibly earn on a volatile asset withinside the future. The predicted go back is the quantity of income or loss an investor can count on receiving on an funding.
An predicted go back is calculated with the aid of using multiplying capability consequences with the aid of using the percentages of them going on after which totaling those results. Expected returns can't be assured. The predicted go back for a portfolio containing a couple of investments is the weighted common of the predicted go back of every of the investments. Understanding Expected Return : Expected go back calculations are a key piece of each commercial enterprise operations and economic theory, which include withinside the famous fashions of the current portfolio theory (MPT) or the Black-Scholes alternatives pricing model.
For example, if an funding has a 50% threat of gaining 20% and a 50% threat of dropping 10%, the predicted go back might be 5% = (50% x 20% + 50% x -10% = 5%)The predicted go back is normally primarily based totally on ancient facts and is therefore now no longer assured into the future; however, it does frequently set reasonable expectations. Therefore, the predicted go back parent may be idea of as a long-time period weighted common of ancient returns. In the system above, for instance, the 5% predicted go back can also additionally in no way be found out withinside the future, because the funding is inherently challenge to systematic and unsystematic risks. Systematic threat is the risk to a marketplace area or the complete marketplace, whereas unsystematic threat applies to a particular organisation or industry.
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q1) what is the total percentage return for an investor who purchased a stock for $8.06, received $1.46 in dividend payments, and sold the stock for $9.28? (2 points)
(End price-Beginning price + Dividends)/Beginning price = (8.57-8.06+2.76)/8.06 = 40.57% (approximately).
A company pays dividends to its stockholders to distribute profits.They get paid regularly and are one way investors get a return on their stock investments.
What are examples of dividends?
The majority of dividends paid to investors in the United States are cash dividends, which are paid in cash per share.For instance, an investor holding 100 shares would receive $20 in cash if the company paid a dividend of 20 cents per share.Dividends on stocks represent an increase in the number of shares owned by a percentage.
You only need to own shares in the company through a brokerage account or a retirement plan like an IRA to receive dividends on that stock. Cash will be deposited into your account automatically when dividends are paid.
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a company plans to sell shares of a new issue, but only in the state of pennsylvania. in order to qualify for a registration exemption under rule 147, what percentage of the corporation's assets must be located in pennsylvania, or what percentage of its revenues must be derived from pennsylvania sources at the time of the offering?
In order to qualify for a registration exemption under rule 147, 80% of the corporation's assets must be located in Pennsylvania, or 80% of its revenues must be derived from Pennsylvania sources.
In order to raise money without actually registering with the Securities and Exchange Commission, a company may use Rule 147. It is also referred to as the "safe harbor" rule, and it typically only affects small businesses looking to raise capital locally without paying the high registration costs required by the SEC.
Modifications to the requirements followed changes to the rule. Officers, partners, or managers of the company must primarily direct, control, and coordinate the operations of the business within the state in order to be eligible for Rule 147 and Rule 147A. The company may only sell securities to people who are either in-state residents or who the company has a good faith belief are in-state residents. A minimum of one of the following "doing business" requirements must also be met by the business:
At least 80% of the company's total gross revenues were generated by operating a business, renting out real estate, or providing services within the state.The firm had at least 80% of its total assets in the state.The company intends to use and actually does use at least 80% of the net proceeds from the offering for operating a business or owning real estate within the state, buying real estate within the state, or providing services within the state.Most of the company's workers are based in the same state.Learn more about Rule 147, here
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as a leader, alice focuses on setting goals for her employees. which leadership theory or idea best describes this? [3 word limit]
Leaders that place high expectations on their team members exhibit this achievement-oriented behavior.
Why do certain individuals value achievement?People who fit into this group constantly try to increase their productivity and quality of work. They aspire to succeed and outperform others. And finally, they frequently have high expectations for themselves and strive hard to meet them.
What is a workplace that is focused on achievement?Employees will typically feel that setting tough yet doable objectives for themselves and others is expected of them in this achievement-focused culture. Work hard to accomplish such objectives. Set a high bar for yourself. Plan and think forward.
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suppose a firm is currently minimizing costs in the long run with marginal product of labor and marginal product of capital given by k and l, respectively. if the price of capital falls by 50%, the capital-to-labor ratio will:
If the price of capital falls by 50%, the capital-to-labor ratio will: Double
At optimal point,
MPK/MPL = Price of K/Price of L
Substitute the given information as:
L/K = r/w
K/L = w/r
When r decreases by 50%,
L'/K' = 0.5r/w
Or,
K'/L '= 2w/r
From above,
K'/L' = 2(K/L)
Thus, capital to labor ratio (K/L) will double as double of capital will now be used since its price has fallen by half.
Therefore, it doubles
What is capital-to-labor ratio ?
Capital to Labor ratio measures the ratio of capital employed to labour employed. The capital-labor ratio (K/L) can measure the capital intensity of a firm. The ratio of capital to labor ratio reflects changes in the labor productivity of company employees. Its increase indicates a positive trend.
Hence, If the price of capital falls by 50%, the capital-to-labor ratio will: Double
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what is the equity beta for a firm with asset beta equal to 0.8, and d/e ratio of 0.3, and tax rate equal to 40%?
The equity beta for a firm with an asset beta equal to 0.8, and d/e ratio of 0.3, and a tax rate equal to 40% is 0.944
Equity beta=Asset beta [1+(1-tax rate) ×Debt-equity ratio]
=0.8[1+(1-0.4) ×0.3]
=0.8×1.18
=0.944
Equity Beta quantifies a stock's market volatility, or how susceptible its price is to shifts in the general market. It contrasts the volatility connected to a security's price fluctuation. Leveraged beta, or an equity beta of a company with financial leverage, is a term that is frequently used to describe this type of beta.
Beta is an idea that measures the anticipated circulation in an inventory relative to actions in the typical market. A beta greater than 1. zero shows that the stock is more volatile than the wider market, and a beta less than 1. zero suggests a stock with lower volatility.
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which of the following pooled investments is likely to require the smallest minimum investment amount? a) wrap fee account. b) market neutral fund. c) closed-end mutual fund.
The correct option (C) Closed-end mutual fund. Shares in closed-end mutual funds can be purchased at prices set by the market.
What is a closed-end mutual fund?
A closed-end fund is a form of mutual fund that, in order to raise money for its initial investments, issues a predetermined number of shares through a single initial public offering (IPO). After that, its shares can be purchased and sold on a stock exchange, but no new shares or funds will be generated for the fund.
Municipal bond funds are an illustration of closed-end funds. These funds invest in local and state government debt while attempting to reduce risk.
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according to the capm, what is the market risk premium given an expected return on a security of 13.6%, a stock beta of 1.2, and a risk-free interest rate of 4%?
The market risk premium is 8%
What is the market risk premium?The difference between the anticipated return on a market portfolio and the risk-free rate is known as the market risk premium.It offers a numerical assessment of the additional return that market participants seek in exchange for the elevated risk.The slope of the security market line (SML) connected to the CAPM (capital asset pricing model) represents the market risk premium.Compared to the equity risk premium, which only takes the stock market into account, the market risk premium is broader and more diverse. The equity risk premium is frequently larger as a result.Calculation
Expected return on a security E(r) = 13.6%
Stock beta (b) = 1.2
Risk-free return R(f) = 4%
E(r) = risk-free return + stock beta * market risk premium
⇒ 13.6% = 4%+1.2* market risk premium
Therefore, market risk premium = 8%
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According to the income balance, the "+" sign refers to _____ and the "-" sign refers to _____. A. When foreigners use services in a country; when foreign services are used B. When foreign services are used; when foreign services are used C. Incoming dollars; merchandise imports D. Merchandise imports; incoming dollars E. Earnings from overseas investment; payments are sent overseas
According to the income balance, "+" sign refers to the earnings from overseas investment and "-" sign refers to the payments are sent overseas.
What are investments?Investments are financial commitments made with the intention of buying an asset whose value will increase over time. To invest, one must give up something current, such time, money, or effort. A profit or loss on the sale of a piece of real estate or investment, unrealized capital gains, investment income like dividends, interest, or rental income, or even a combination of capital gains and income, could all be included in the return. A low-risk investment often yields a small return. Significant risk carries a commensurate possibility of high losses. Investors, especially novices, are usually advised to diversify their portfolios. Statistics show that diversification reduces overall risk.
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jones corporation reported current assets of $189,000 and current liabilities of $134,000 on its most recent balance sheet. the current assets consisted of $62,800 cash; $44,200 accounts receivable; and $82,000 of inventory. the acid-test (quick) ratio is:
The quick ratio measures the ratio of a company's available liquid assets to its current liabilities in dollars. Current liabilities are a company's debts or obligations that must be paid to creditors within a year.
Liquid assets are those current assets that can be quickly converted into cash with minimal impact on the price received in the open market.
What Is the Quick Ratio?
A company's ability to meet its short-term obligations with its most liquid assets is measured by the quick ratio, which is an indicator of a company's short-term liquidity position.
It is also known as the acid test ratio because it indicates the company's capacity to immediately pay down its current liabilities using assets that can be quickly converted to cash. A slang term for a quick test with instant results is an "acid test."
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jackson holds a real estate broker license with an mlo endorsement. how many hours of continuing education must he complete each year to renew this endorsement?
They have to complete 20 hours of training, pass a test, give their fingerprints to NMLS&R, and give their permission for a credit report to be pulled.
In Texas, how many continuing education units are required to renew a real estate license?During each two-year license period, license holders are required to complete 18 hours of CE. For a total of 18 hours, CE must consist of four hours of Legal Update I, four hours of Legal Update II, three hours of Contract-Related coursework, and seven hours of elective CE courses.
In California, how long do I have to renew my real estate license?Four-year Licenses are issued for a period of four years and should be renewed prior to the license's expiration date. About 60 days before the license expiration date, the DRE sends a renewal reminder letter to the licensee's record mailing address.
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Which economic measure is the total dollar value of all final goods and services produced each year in a country?.
GDP measures the value of the ultimate product and services—that is, people who are units bought by the ultimate user—produced in a very country in a very given amount of your time.
It counts all of the output generated inside the borders of a rustic. Gross domestic product is the value of all finished products and services created inside a rustic throughout a particular amount.
Gross Domestic Product is the value of all final products and services created within the economy within the year. The idea of GDP is fairly straightforward: it's simply the greenback price of all final products and services created within the economy in a year.
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item x is a standard item stocked in a company's inventory of component parts. each year the firm, on a random basis, uses about 1,600 of item x, which costs $25 each. storage costs, which include insurance and cost of capital, amount to $8 per unit of average inventory. every time an order is placed for more of item x, it costs $16. a. whenever item x is ordered, what should the order size be? (round your answer to the nearest whole number.)
The annual cost of owning, operating, and maintaining an asset throughout its lifetime is known as the equivalent annual cost (EAC).
Because it enables a company to compare the cost-effectiveness of various assets with differing lifespans, EAC is frequently utilized in capital budgeting decisions.
Capital budgeting is one of many uses for the equivalent annual cost (EAC).However, the majority of the time, it is utilized to analyze two or more potential projects with distinct durations, where costs are the most important variable.
EAC can also be used to figure out how long an asset should last, whether it's better to lease or buy it, how much it will cost to maintain an asset, how much savings are needed to buy a new asset, and how much it will cost to keep equipment that is already in use.
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beginning from a trade deficit, a policy that attempts to increase net exports by restricting imports from abroad most likely will:
Increasing the exchange rate a technique that minimizes imports from overseas in an effort to boost net exports.
What are exports and imports?Exports are products and services created in the homeland for sale in foreign markets, whereas imports would be any good or resource carried in from from country to another. This means that depending on how you approach the transaction, you may be buying or exporting a commodity (or both).
Why are exports important?For companies of all sizes, exporting can be profitable. Sales generally increase more quickly, more jobs are added, and employees make more money than in ou pas firms. Advantage in the marketplace. It United States is renowned throughout the world for its innovative products and services, excellent customer support, and ethical corporate methods.
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one way chip's coffee house retains staff is by offering two-weeks paid vacation and health insurance benefits for part-time employees. which of bossidy and charan's core processes is this business focusing on?
Chip's Coffee House retains staff by providing two weeks of paid vacation and health insurance benefits to part-time employees. This company focuses on the core processes.
Most individuals have insurance, whether it's for their car, their home, or even their life. But most of us don't give much thought to what insurance is or how it works. Simply put, insurance is a contract, represented by a policy, in which a policyholder receives financial protection or payment from an insurance company in the event of a loss. The company pools its clients' risks in order to make payments more cheap for the insured.
Insurance plans are intended to protect against the risk of financial losses, both large and minor, that may arise from harm to the insured or their property, or from liability for damage or injury caused to a third party.
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5. why is it true, in general, that a failure to adjust expected cash flows for expected inflation biases the calculated npv downward?
Inflation is a significant factor that influences the time worth of money. Therefore, it is crucial to include in the consequences of anticipated inflation when calculating NPV. A computed NPV is biased if the effects of inflation are left out.
What is Net Present Value (NPV)?
Net present value is the difference between the current worth of cash inflows and outflows over time (NPV). To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning. NPV is the result of computations to ascertain the current value of a future stream of payments.
The time and amount of future cash flows must be predicted, and a discount rate that is equal to the least allowable rate of return must be chosen in order to compute net present value (NPV). A project or investment will have a better rate of return than the discount rate if the NPV is positive.
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passive management by exception involves leaving employees alone and waiting until something goes wrong before entering the picture. group of answer choices true false
Passive management by exception involves leaving employees alone and waiting until something goes wrong before entering the picture. This is a true statement.
What exactly do active and passive management mean?In an endeavor to outperform a certain benchmark or index, active management frequently buys and sells. In order to match its performance, passive management duplicates a particular benchmark or index. Active management portfolios aim for higher returns but include bigger risks and cost more.
Why is passive management superior to active management?Individual investors may experience cheaper costs as a result of the decreased trade volume brought on by passive investment. Furthermore, because there is so little need for maintenance and research, passively managed funds have lower expense ratios than the majority of active funds.
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the amount of uncollectible accounts at the end of the year is estimated to be $31,500, using the aging of accounts receivable method. the balance in the allowance of doubtful accounts account is an $10,600 credit before adjustment. what is the adjusted balance of the allowance for doubtful accounts at the end of the year? multiple choice $42,100 $10,600 $31,500 $20,900
The adjusted balance of the allowance for doubtful accounts at the end of the year is $20,900.
What do accounts serve as a means for?The goal of accounting is to gather and present financial data regarding a company's operations, finances, and cash flows. After that, decisions are made based on this information regarding how to run the business, make investments in it, or give credit to it.
Why are accounting records crucial to a business?Accounting is essential to running a business because it makes it easier to keep track of income and expenses, ensures legal compliance, and gives investors, management, and the government access to quantitative financial data that can be used to make decisions.
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