Under which circumstances can the speculator gain a profit and what is the risk of carry trades?

Q: Apple, Blandy, Cherry, and Debbie are partners sharing profits and losses in the ratio of 40%, 30%,…

A: Partnership is the association of two or more persons who have agreed to share profit and losses in…

Q: In this exercise, you will record journal entries in Excel. The four transactions you use, all of…

A: GIVEN     August 2: Purchased twelve months of insurance coverage in advance for $3,600  August 9:…

Q: At the beginning of the current year, ABC Corporation issued 6,000, 5-year bonds, face value 1,000…

A: Given information, Face value of bonds=6,000*1,000=6,000,000   Cost of the bonds…

Q: Love Company has current assets of P400,000 including inventory of P160,000 and a quick ratio of…

A: Quick assets = Total current assets - Inventory = P400,000 - P160,000  = P240,000

Q: - Calculate the number of direct labor hours Johnston must budget for the coming year. Calculate the…

A: The question is based on the concept of Cost Accounting. A direct labour hours budget is used to…

Q: Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year…

A: A dividend is a reward paid out of a company's net profits to the shareholders for investment in a…

Q: A company issues 7% bends with a par value of 5200.000 at per on January1. The market rte on the…

A: Interest on Bonds is calculated by multiplying the stated coupon rate with the face value of bonds.…

Q: Webby Corporation reported the following amounts on its income statement: service revenues, $32,500;…

A: Introduction: Income statement: All revenues and expenses are to be shown in income statement. It…

Q: 3) the 456 company purchased office supplies from a-one supplies worth 80,000 on april 4, 2021 A-…

A: company deals in selling product to the customer credit Management system and inventory management…

Q: Pls show solution: 3. On May 1, the company XYZ bought a machine that cost 252,000 in order to use…

A: Depreciation expense is the reduction in the value of asset due to its use over the life of the…

Q: Use the following information to calculate cash received from dividends: Dividends revenue $ 30,300…

A: Introduction: Dividends: Dividends are distributed to shareholders of the company. Dividends are…

Q: following ratios for 2021. 1) Inventory turnover 2) Profit margin 3) Return on assets

A: As per the guidelines, only three subparts are allowed to be answered. Please submit the question…

Q: Set out below are the financial statements of Emma, a limited liability company. You have been asked…

A: The cash flow statement assesses a corporation's ability to handle its cash balance, or how…

Q: Amjad Trading LLC:Gross Sales are RO 82,000, Sales Returns RO 2,000, Cost of goods sold is RO…

A: Introduction: Single step income statement: Deduction of all expenses from revenues derives the net…

Q: Haystalk Company issues 4,000 shares of restricted stock to its CFO, Corn Needle, on January 1,…

A: Total par value of 4000 shares  = 4000 shares ×$5 =$20000

Q: 2. What if sales increased to 363,000 discs? How would that affect the ending finished goods…

A: Finished goods inventory refers to all those inventories of a company which are available for sale…

Q: ABC Co. receives P210,000 3-year non-interest bearing note. Collections is on the principal and…

A: Note receivable is one of the current asset of the business. It means amount is to be received…

Q: Perez Company paid a $640 cash dividend. Which of the following accurately reflects how this event…

A: Effect on a transaction is always on both the sides that are debit and credit.

Q: The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a…

A: Financial advantage means the product/policy is giving positive results. Financial disadvantage…

Q: Golf Trends is an importer of a wide variety of Cleveland golf products. On 1 November 2018 the…

A:

Q: Administrative Expense Budget Green Earth Landscaping Company provides monthly and weekly…

A: Budgeting - Budgeting is the process of estimating future operations based on past performance. %…

Q: At the beginning of the current year, Bert Company purchased a mineral mine for P26,400,000 with…

A: GIVEN   At the beginning of the current year, Bert Company purchased a mineral mine for P26,400,000…

Q: Matrix, Inc., acquired 25% of Neo Enterprises for $2,000,000 on January 1, 2021. The fair value and…

A: Journal entries should not be utilized to record regular transactions such as customer billings and…

Q: 1 Dollar General reported stronger than typical earnings with annual sales of $2,000,000 per store…

A: Profit margin is one of the measure of profitability of the business. This is calculated by dividing…

Q: Direct materials purchases budget for glue: FlashKick Company Direct Materials Purchases Budget -…

A: Direct material purchase budget shows estimated amount of direct materials to be purchased in order…

Q: 1 Record the above four transactions in general journal. 3.2. Define marketable securities. What…

A: Marketable securities are those securities which are the financial securities or instruments which…

Q: Recorded an adjusting journal entry for the portion of insurance coverage

A: Adjusting entry means where some adjustment need to be made at the end of specified period for…

Q: If Salman Company issues 16,000 shares of 10 par value common stock for 560,000 Paid-In Capital in…

A: Introduction: Journals: Recording of a business transactions in a chronological order. Each and…

Q: ard machine-hours (MHs). The company has provided the following data for the most recent month:

A: The total cost of production of a good comprises of the total fixed cost of production and the total…

Q: Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing…

A: Ownership Business- The state of owning something, possession of something, and the right to own…

Q: Direct materials purchases budget for bladder and valve: FlashKick Company Direct Materials…

A:

Q: Go to the previous page in the Help task pane by clicking this button. Select one: a. Task Pane…

A: Help Task Pane - This is the help window that helps the user from the various difficulty of complex…

Q: Stevie D. contributed property to Animal Corp, an S-Corporation, with a FMV of $50,000 and a basis…

A: Introduction S Corporation shareholder's are not allowed to deduct losses in excess of their stock…

Q: NSF Lube is a fast-growing chain of oil-change stores. The following data are available for last…

A: Cost Variance- Cost variance is the procedure of evaluating the fiscal performance of your task.…

Q: On January 1, 2021, PingPing Corp. acquired all the assets and liabilities of Willy Corp. by issuing…

A:

Q: A company reported the net income of $58,000 for the year ending 2018. However, it was discovered…

A: Introduction: Net income: Net income is shown in Income statement. All revenues and expenses are to…

Q: During 2012, Honey company purchased marketable equity securities  for P3,700,000 to be held as…

A: The unrealized loss is a loss that is recorded by the company when the market value of the…

Q: Al Rahami Shop started the year with total assets of OMR210,000 and total liabilities of OMR120,000.…

A: Introduction: Income statement: All revenues and expenses are to be shown in income statement. It…

Q: Question 26 Metropolis National Bank Assets Liabilities Reserves $60,000 Deposits $500,000 Loans·…

A: Bank's required reserves is the minimum cash/amount the bank should hold in hands. The explanation…

Q: The University of Cincinnati Center for Business Analytics is an outreach center that collaborates…

A: Variable cost: - A variable cost is the cost which is changes according to the change in the volume…

Q: On July 1, 20X1, ABC Corp received a P450,000 10% 3-year note from a customer. The principal and…

A:

Q: On April 1, 2011, Company A purchased equipment at the cost of P140,000. This equipment is estimated…

A: Double declining balance method is the method for calculating depreciation expense which is…

Q: Ayna Inc. is an all-equity firm with 400,000 shares outstanding.  It has P3,000,000 of EBIT, and…

A: Calculate the earnings per share before recapitalization as follows: Particulars Amount…

Q: SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines. One of the…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: A building with a cost of $900,000 has an estimated residual value of $360,000, has an estimated…

A: Introduction: Depreciation: Decreasing value of fixed assets over its useful life period called as…

Q: Timothy Donaghy has developed a unique formula for growing hair. His proprietary lotion, used…

A: GIVEN Timothy Donaghy has developed a unique formula for growing hair. His proprietary lotion, used…

Q: General Merchandising Co. Selling price is P2,750, Selling expenses is PS00 and the Cost to sell is…

A: Inventory is one of the important current asset of the business. Lower of cost or net realisable…

Q: Sandhill Company accumulates the following data concerning a mixed cost, using units produced as the…

A: High low method is the method for split or separate the fixed and variable cost in a given set of…

Q: Which of the following is a behavioural theory? A Signalling theory B Prospect theory Rational…

A: The correct answer for the above mentioned question is given in the following steps for your…

Q: Pine Corporation had losses of $10,000 from operations $100,000 in dividends from a 15%-owned…

A: Pine Corporation has losses of $10,000 from Operation Dividend Income of $ 100000 Dividend deduction…