Answer:
The basis for classifying assets as current or non-current is conversion to cash within
B. the operating cycle or one year, whichever is longer.
Explanation:
Assets are of two types, current assets, and non-current assets. Current assets are the assets which are placed on the list of the balance sheet of the company. Within one fiscal year, the current assets are expected to be converted into cash. On the other hand, non-current assets are the assets are long term asset of the company. They cannot be converted into cash in one fiscal year.
Answer:
20.19%
Explanation:
The computation is shown below:
As we know that
Future value = Present value × (1 + rate)^number of years
where,
Present value = $2,300
Future value = $4,800
Time period = 4 years
So, the interest rate is
$4,800 = $2,300 × (1 + rate)^4
2.086957 = (1 + rate)^4
So after solving this, the interest rate is 20.19%
What is your optimal strategy?
Your optimal strategy is to _________ the proposed division.
A. Accept
B. Reject
Now suppose instead that you propose the division of the dollar. Your classmate will then accept or reject your division. If the classmate accepts, then you each receive the portion of the dollar as you have proposed. However, if your classmate rejects, then you both get nothing.
Your optimal strategy is to offer your classmate $ 0.99. (Enter a numeric response to two decimal places)
Answer: The correct answers are "A. Accept" and "$ 0.01".
Explanation: Given that we talk about optimal strategy when maximizing the expected profit by the player:
In the first case It is convenient to accept the proposal and keep $ 0.12, instead of rejecting it and running out of nothing.
And in the second case it is convenient to give the classmate as little as possible so that he accepts and we have a greater profit.
Answer:
The correct answer is False.
Explanation:
A basic principle of investments is the creation of portfolios (or portfolios) for diversification purposes. At any given time, investors simultaneously hold a set of assets that make up their investment portfolio. A basic principle in finance is that an investor should not place all of his resources in a single asset or in a relatively small number of assets, but in a large number of investment instruments. In this way, the possible bad results in certain assets would be offset by the good results of others. Diversification allows the investor to lower the risk of his portfolio without sacrificing returns or, alternatively, increase the return on his portfolio without increasing his risk. Of course, diversification does not guarantee profits under any circumstances, but it does help to dampen the variability of returns on individual assets.
Answer:
10.75%
Explanation:
The computation of the effective annual interest rate is shown below:
= Interest ÷ total net amount available
where,
Total net amount available would be
= Loan amount - Loan amount × interest rate - loan amount × compensating percentage
= $25,000,000 - $25,000,000 × 8.25% - $25,000,000 × 15%
= $25,000,000 - $2062,500 - $3,750,000
= $19,187,500
And, the interest would be $2,062,500
Now put these values to the above formula
So, the rate would equal to
= $2,062,500 ÷ $19,187,500
= 10.75%
B. It prevents miscategorization of credit card payment transactions
C. It helps users identify which credit cards have interest rates that are too high
D. It provides easy-to-understand language for non-accountant users
E. It prevents common errors that affect the company's financial statements
F. It compares your client's credit card balances side by side
The 3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F
B. It prevents miscategorization of credit card payment transactions
E. It prevents common errors that affect the company's financial statements
F. It compares your client's credit card balances side by side
•It help to prevents miscategorization of credit card payment transactions as it enables all the credit card payment transaction to designated or allocated to the right person who made the transaction.
• It help to prevents common errors that affect the company's financial statements such as error of reversal example is recording a transaction amount as $25 instead of $52.
• It help to compares your client's credit card balances side by side which help to prevent error as the credit card are easily evaluated.
Inconclusion The 3 benefits of the Pay down credit card feature in Quickbooks Online are: Option B,E and F
Learn more about Quickbooks here:
Answer:
b or e
Explanation:
A cabana along beach that is open to the public
A new sUV that you use to drive your friends around town
A large, beautiful fountain in a town square
Answer: Please refer to Explanation
Explanation:
Private Goods are those goods that exclusive and excludable. This means that people can be prevented from using it by the owners if the people who want to use it don't pay for it or reach an agreement with the owner.
A Public Good on the other hand is provided to every member of the public for use. They are non-excludable meaning that people can use them without having to pay a fee.
Common Resources are a mixture of both man-made and natural resources. As such, even though it is open to the public, it's use can be restricted by certain requirements such as payment.
Classifying the above,
A. Common Resource.
The Cabana is a common Resource because it is open to all members of the public and is a man-made resource on the beach which is a public good. However, one must pay to use it as well.
B. Private Good.
The SUV is your own personal property and as such is a private good whose use you can restrict from people making it exclusive and excludable.
C. Public Good.
The fountain is for everyone and no one has more right to it than others. Neither do they have to pay to view it. This makes it a Public good.