If BQ were to drill a second well, its profit would be $86 million, if Exxoff did not drill a second well.
How is the profit determined?The profit is the difference between the revenue generated from the oil drill and the cost of drilling.
The revenues and costs are based on the percentage share of the total wells.
Value of shared pool of oil = $144 million
Cost of drilling a well = $5 million
Percent of total wells = x and x percent of the total revenue
The number of wells drilled by BQ = 2
The number of wells drilled by Exxoff = 1
Profit Analysis:BQ share of revenue = $96 million (2/3 x $144 million)
Drilling costs = $10 million (2 x $5 million)
Profit = $86 million ($96 - $10)
Exxoff share of revenue = $48 million (1/3 x $144 million)
Drilling costs = $5 million (1 x $5 million)
Profit = $43 million ($48 - $5)
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which of the following commands can be used to only show jobs that have been paused.
The jobs -l | grep -w Stopped command can be used to show only the paused jobs.
The command jobs -l | grep -w Stopped is a combination of two commands: jobs -l and grep -w Stopped.
The jobs -l command lists all the currently active jobs in the terminal session. The -l option displays additional information about the jobs, including their status.
The grep -w Stopped command is used to search for the keyword "Stopped" in the output of the jobs -l command. The -w option ensures that only exact matches for the keyword are returned.
By combining these commands with the pipe (|) symbol, the output of jobs -l is filtered to show only the jobs that have been paused or stopped.
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What inventory method is used to account for automobiles, jewelry, and art objects?
a. FIFO
b. LIFO
c. average-cost method
d. specific identification method
The correct option: d. specific identification method, used as the inventory method in account for jewelry, automobiles, and art objects.
Explain about the specific identification method?When a business is able to recognise, identify, and track each product or unit through its inventory, this specific classification is practical and functional.
The precise identification technique refers to inventory valuation, notably maintaining track of each distinct item in stock and allocating expenses per item rather than as a group.When a business is able to recognise, mark, and keep track of each item every unit in its inventory, it is functional and useable.The main disadvantage of the particular identification approach is that it demands the ability to accurately and consistently identify each individual item in an organization's inventory, keep track of how much each item costs, and produce each item upon sale or the assurance of sale.Thus, specific identification method, used as the inventory method in account for jewelry, automobiles, and art objects.
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A life insurance policy that has premiums fully paid up within a stated time period is called?A. stated payment insuranceB. limited universal insuranceC. stated modified insuranceD. limited payment insurance
The correct answer to your question is D. limited payment insurance.
Limited payment insurance is a type of life insurance policy that allows the policyholder to fully pay all premiums within a specific time period. This means that the policyholder will not have to make any further premium payments after the specified time has elapsed, but the policy will remain in force until the policyholder's death or the maturity date of the policy.
This type of policy can be beneficial for those who want to ensure that their loved ones will receive a lump sum payment upon their death, but do not want to continue making premium payments for the rest of their lives. It also provides a level of predictability in terms of financial planning, as the policyholder knows exactly how much they will be paying and for how long.
Limited payment insurance is often compared to whole life insurance, which also provides coverage for the policyholder's entire life but requires premium payments to be made throughout the policyholder's lifetime. Limited payment insurance is a more affordable alternative to whole life insurance, as it allows the policyholder to pay the premiums over a shorter period of time. In summary, a life insurance policy that has premiums fully paid up within a stated time period is called limited payment insurance.
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A life insurance policy with premiums fully paid up in a stated time period is called limited payment insurance. This involves making regular payments for a fixed period after which the policy continues without additional premiums.
Explanation:A life insurance policy where the premiums are fully paid within a specified time period is referred to as D. limited payment insurance. In this type of insurance policy, the policyholder is required to make regular payments to the insurance entity for a defined period. After this period, no further premiums are required, but the policy continues to provide coverage for the insured individual.
Life insurance functions as a method for protecting a person and their family against financial loss. Upon the unfortunate event of the insured individual's death, a death benefit is paid out to the beneficiary. The insured person makes regular payments known as 'premiums' to an insurance firm. If a significant event covered by the policy, such as the policy holder's death, occurs, the insurance firm remunerates or pays out a benefit to the beneficiaries.
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In the graphic representation of the model of culture, the center or heart of culture is the:A. Explicit artifacts and products of the societyB. Norms and values that guide the societyC. Implicit, basic assumptions that guide people's behaviorD. History of a nation and the resulting norms of behavior
In the graphic representation of the model of culture, the center or heart of culture is the 'Implicit, basic assumptions that guide people's behavior'. Therefore, the correct option is C.
In the model of culture, the center represents the implicit, basic assumptions that guide people's behavior. This refers to the underlying beliefs, attitudes, and values that shape the way people in a society think, act, and communicate. These assumptions are often unconscious and taken for granted, but they have a powerful influence on behavior and can differ greatly between cultures.
Surrounding this center are the norms and values that guide the society, which are the shared rules and beliefs that dictate how individuals should behave. Lastly, the outermost layer consists of explicit artifacts and products of the society, which are the visible and tangible aspects of culture, such as language, customs, and art. The history of a nation contributes to the development of these layers, but it is not considered the heart of culture in the model.
Hence, the center of the model of culture is option C: Implicit, basic assumptions that guide people's behavior.
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Business; an organization that uses resources to produce a product is known as a ?
O Private Company
O Shop
O Firm
O Enterprise
Answer:
Firm
Explanation:
The costs per equivalent unit of direct materials and conversion in the rolling department of oak ridge steel company are 180 and 62
Answer:
Equivalent units of direct materials= $180 per tons
Equivalent units of conversion =$62 per tons
Explanation:
Calculation to Determine the direct materials and conversion costs per equivalent unit.
Using this formula
Equivalent units of direct materials=Cost of direct materials transferred/Total equivalent units for direct materials
Let plug in the formula
Equivalent units of direct materials= $432,000/2,400
Equivalent units of direct materials= $180 per tons
Therefore the direct materials cost per equivalent unit will be $180 per tons.
Calculation for Equivalent units of conversion using this formula
Equivalent units of conversion=Conversion cost /Total equivalent units for Conversion
Let plug in the formula
Equivalent units of conversion=$144,150/2,325
Equivalent units of conversion= $62 per tons
Therefore the conversion cost per equivalent unit will be $62 per tons.
Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). The sales tax law requires Dextra to collect 5% sales tax on every dollar of merchandise sold. Record the entry for the $6,000 sale and its applicable sales tax. Also record the entry that shows the remittance of the 5% tax on this sale to the state government on October 15.Record the cost of Sept. 30th sales in a journal entry workshetRecord the entry that shows the remittance of the 5% tax on this sale to the state government on October 15 in a journal entry worksheet
Answer:
1. Journal entry for the sales of merchandise
General Journal Entry
Date Account Titles and Explanation Debit Credit
Sept 30 Cash ($6000 + $300) $6,300
Sales $6,000
Sales Tax Payable($6000 * 5%) $300
(To record the collection of sales and sales tax)
2. Journal entry for the cost of merchandise sold
General Journal Entry
Date Account Titles and Explanation Debit Credit
Sept 30. Cost of goods sold $3,900
Merchandise inventory $3,900
(To record the cost of merchandise sold by receiving cash)
3. Journal entry for the cost of merchandise sold
General Journal Entry
Date Account Titles and Explanation Debit Credit
Oct 15. Sales Tax payable $300
Cash $300
(To record the payment of accrued sales tax to government)
If currently the real gdp is less than equilibrium gdp, what are the adjustments that the economy will go through to achieve equilibrium gdp?
To achieve equilibrium GDP when the current real GDP is less than equilibrium GDP, the economy will go through adjustments such as increased spending, investment, and/or government intervention.
When the real GDP falls below the equilibrium level, it indicates that the economy is operating below its full potential. To reach equilibrium, adjustments need to be made to increase aggregate demand and stimulate economic activity. One way to achieve this is through increased spending by households, businesses, or the government. Increased consumer spending can be encouraged through tax cuts or income redistribution policies that put more money in the hands of consumers.
Similarly, businesses can be incentivized to invest and expand their operations through policies that lower interest rates or provide tax benefits for investment. Government intervention, such as fiscal stimulus programs or infrastructure projects, can also boost aggregate demand and help close the GDP gap.
By implementing these adjustments, the economy can move towards equilibrium GDP, where aggregate demand matches aggregate supply, resulting in stable economic growth and higher employment levels.
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Question 31 Marks: 1 What does RCRA stand for?Choose one answer. a. Recovery, Conservation, and Refuse Administration b. Radioactive Chemical Recovery Administration c. Radioactive Chemical Recovery Act d. Resource Conservation and Recovery Act
RCRA stands for the Resource Conservation and Recovery Act.
The Resource Conservation and Recovery Act (RCRA) is a federal law in the United States that governs the management and disposal of hazardous waste. It was enacted in 1976 and is administered by the Environmental Protection Agency (EPA). The primary goal of RCRA is to protect human health and the environment from hazardous waste by regulating the generation, transportation, treatment, storage, and disposal of such waste. The law provides a framework for the proper management of hazardous waste from cradle to grave, from the point of generation to final disposal. Under RCRA, hazardous waste generators must obtain a permit and comply with specific regulations for the management of their waste. Transporters of hazardous waste must also comply with specific requirements for the transportation of hazardous waste, including proper labeling and documentation.
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As you rule, you should not spend more than______of your pre-tax dollars on housing?
Answer:
36%
Explanation:
According to this rule, a household should spend a maximum of 28% of its gross monthly income on total housing expenses and no more than 36% on total debt service, including housing and other debt such as car loans and credit cards. Lenders often use this rule to assess whether to extend credit to borrowers.
Find the time-domain signal x[n] whose z-transform is, X(z) = Zᶻ−2+2Z⁻¹/Z³
The time-domain signal x[n] corresponding to the given z-transform X(z) = Z^(-2) + 2Z^(-1) / Z³ is x[n] = δ[n-2] + 2u[n-1] / n², where δ[n] is the unit impulse function and u[n] is the unit step function.
To find the time-domain signal x[n] corresponding to the given z-transform, we can use the inverse z-transform. The given z-transform X(z) is:
X(z) = Z^(-2) + 2Z^(-1) / Z³
By applying the inverse z-transform, we can rewrite X(z) as a time-domain signal x[n]:
x[n] = δ[n-2] + 2u[n-1] / n²
where δ[n] is the discrete-time unit impulse function, u[n] is the discrete-time unit step function, and n represents the time index.
In summary, the time-domain signal x[n] corresponding to the given z-transform is x[n] = δ[n-2] + 2u[n-1] / n².
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The government can make money by borrowing from its population in the form of governmental bonds.
A. True
B. False
Answer:
False
Explanation:
3. A fine-dining restaurant has been making every- thing from scratch for the five years it has been open; it is the only operation in the area known for scratch- cooking. The management hires a new chef who does a make–buy analysis only to discover that she can get much better pricing on many of her products if she buys them premade. After a tasting comparison, she discovers that the premade products are of high quality and taste only slightly different from her own. Should she switch to the premade products? Would your answer be different if this decision took place when the restaurant first opened?
Answer:
No
Explanation:
The premade products could have been contaminated with any type of disease because she doesn't know what went inside whereas making it from scratch means she is able to monitor and remove and contaminated product.
:)
a new finch is found to have a diet of worms and caterpillars. identify one finch from the diagram that would have a beak most similar to the new finch. support your answer.
The finch from the diagram that would have a beak most similar to the new finch with a diet of worms and caterpillars is the ground finch.
The ground finch has a wide and deep beak that is best suited for cracking and eating hard seeds, which are sometimes similar in size to the caterpillars and worms that the new finch feeds on. The beak's depth and width enable it to grasp and break up the hard shells and exoskeletons of tough food items, such as seeds and insects.The finch's beak has evolved as a result of the finch's unique dietary requirements and habitat. The ground finch is a member of the Galapagos finches, a group of birds that Charles Darwin studied extensively during his exploration of the Galapagos Islands in the early 19th century.
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The manager of East India Ice Cream Shop keeps track of the number of customers served at different periods of the day in an attempt to plan a schedule for workers that matches the demand for the restaurant's products. By using this tracking system, the manager of East India is utilizing ________ control.
Answer: Output
Explanation: The output control system refers to one of the organizational control systems which is employed by business strategist and establishment in tracking the progress, growth, flaws and ways whereby an organization can improve, provide better services and ultimately make more revenue. The output control system is focused on that aspect of a business offering which can be quantified, such that executives could analyze the feedback and thus use it as a guide to provide and improve on future projects or services. In the scenario above, data was studied to identify peak periods in other to schedule worker's shift so that the organization would not fall short of workers at the time which they are mostly required.
The Big Bang is the predominant theory explaining the moment that what began?
Scientific theory
Historical cataloguing
The universe
Greek mythology
G next year, exxon mobil will pay a dividend of $3. 13 per share. Historically, exxon mobil's dividends have grown 4% per year. If the expected return for exxon mobil is 7%, what is a fair value for a share of exxon mobil?
To determine the fair value of a share of Exxon Mobil, we can use the dividend discount model (DDM) which considers the expected dividends and the expected return.
The formula for the fair value of a share using the DDM is:
Fair Value = Dividend / (Expected Return - Dividend Growth Rate)
Given:
Dividend (D₀) = $3.13 per share
Dividend Growth Rate (g) = 4% = 0.04
Expected Return (r) = 7% = 0.07
Substituting the values into the formula:
Fair Value = $3.13 / (0.07 - 0.04)
Fair Value = $3.13 / 0.03
Fair Value = $104.33
Therefore, based on the given information and using the dividend discount model, the fair value for a share of Exxon Mobil is approximately $104.33. This suggests that a fair price for the share should be around $104.33 to align with the expected return and dividend growth rate.
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The internal revenue service reported the average refund in 2017 was $2,878 with a standard deviation of $520 assume the amazing refunded is normally distributed
According to the Internal Revenue Service (IRS), the average tax refund in 2017 was $2,878, with a standard deviation of $520. It is assumed that the distribution of tax refunds follows a normal distribution.
Based on the data provided by the IRS, the average tax refund in 2017 was $2,878, indicating the central tendency of the refund amounts. The standard deviation of $520 represents the dispersion or variability of the refund values around the mean.
Assuming a normal distribution, it suggests that the majority of tax refunds are likely to fall within one standard deviation of the mean. Furthermore, the assumption of a normal distribution allows for the application of statistical methods and calculations to analyze and make inferences about the distribution of tax refunds in 2017.
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Mention five legal ways to spend money
Some ways that you can spend money legally are:
Buying booksGoing on a vacationBuying a companyGiving to the poor or a charityEmploying laborWhat is Money?This refers to the legal tender that is used for the buying and selling of goods and services that have an inherent value
Hence, we can see that based on the given question, money can be spent in a variety of ways legally and this includes starting a business, giving to the poor, etc.
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If a document reaches you, and requires you to perform some action, you should do it immediately if
a. It is from your mother or father
b. It seems important but not urgent
It will take less than two minutes to complete
d. The language in the document is polite
C.
Please select the best answer from the choices provided
Answer:
C
Explanation:
Which term describes the type and number of competitors' job openings when looking at supply and demand within HR?
Answer:
External labor demand
Explanation:
Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.
Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.
External labor demand is the term which best describes the type and number of competitors' job openings when looking at supply and demand within human resources (HR).
Basically, an external labor demand gives a description of the number and type of employees that are required by a rival company in the same industry.
Which law provides rules related to the creation of financial statements to help avoid fraud?.
The Sarbanes-Oxley Act of 2002 was passed by the US Congress on July 30, 2002 to protect investors from fraudulent financial reporting by companies.
The Gramm-Leach-Bliley Act requires financial institutions to ensure the security and confidentiality of customer information. When an antivirus program quarantines an infected file, it removes it from its original location and changes it so that it cannot run as a program. It then transfers it to a hidden folder that other programs (or yourself as the user) can't access and stays there until you decide to deal with it. A computer worm is a type of malware whose primary function is to replicate and infect other computers while remaining active on an infected system. Computer worms replicate themselves to spread to uninfected computers.
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what are vital events?
Answer:
efers to the live birth, death, foetal death, marriage, divorce, adoption, legitimation, recognition of parenthood, annulment of marriage, or legal separation.
Explanation:
will mark brainliest You'll need a partner for this exercise you can make one up. In about an hour's time, train your partner in one or more of the safety and sanitation procedures. Use a variety of methods. Provide your "trainee" with written instructions, demonstrate the procedures, monitor your trainee as he or she practices the procedures, and provide feedback. After you're done with your training program, ask your trainee to provide you with feedback. Were your written instructions clear? Was your demonstration easy to follow? Was your feedback useful?
Take notes and write a report that includes the following:
the procedure(s) you taught
the methods of training you used
the feedback from your trainee
A sanitation program should focus on different aspects related to environmental health, that is, waste and water management.
What is sanitation?Environmental sanitation is a term that refers to the set of technical actions that focus on increasing levels of environmental health, some of these activities are:
Sanitary management of drinking water.Management of wastewater and discharges.Solid waste management.Management of organic wasteEmissions into the atmosphereHygienic behavior that reduces health risks.Among others.According to the above, a health education program should include at least the aforementioned topics so that the student has a complete knowledge about health.
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Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities all investments plus the money in the bank all investments plus the money in the bank minus debt total assets
Answer:
Assets minus the total value of liabilities
Consumer wealth is defined as the total value of assets minus the total value of liabilities. Thus, the statement "assets minus the total value of liabilities" is the correct statement.
What is the wealth effect?According to the wealth effect, a behavioral economic hypothesis, people spend more money as the value of their possessions increases. Consumers are supposed to feel more financially secure and wealthy as the value of their houses or investment portfolios rises. Even if their income and fixed costs remain the same as before, they are made to feel wealthier.
The wealth effect captures the psychological impact of growing asset prices, such as those that take place during a bull market, on consumer purchasing patterns. The idea focuses on how significant rises in the value of investment portfolios boost consumers' emotions of security, sometimes known as their level of confidence. Increased confidence results in more spending and lower saving rates.
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A mortgage, in the amount of $120,090, is contracted for a period of 20 years, to finance the purchase of a building on a monthly basis. The nominal rate is 6%. The interest portion in the 30th payment will be?
The interest portion in the 30th payment will be $333.49.
To determine the interest portion in the 30th payment, we need to first calculate the monthly payment using the loan amount, the interest rate, and the loan term. We can use the formula for the monthly payment of a mortgage:
\(P = L[c(1 + c)^n]/[(1 + c)^n - 1]\)
where P is the monthly payment, L is the loan amount, c is the monthly interest rate, and n is the total number of payments.First, we need to calculate the monthly interest rate by dividing the annual interest rate by 12:
c = 6%/12 = 0.005
Next, we need to calculate the total number of payments by multiplying the number of years by 12:
n = 20 years x 12 months/year = 240 months
Now, we can plug in these values and solve for the monthly payment:
\(P = $120,090[0.005(1 + 0.005)^240]/[(1 + 0.005)^240 - 1] = $833.87\)
This means that the borrower will make 240 monthly payments of $833.87 each to fully pay off the mortgage.
To find the interest portion of the 30th payment, we can use the formula:
I = P - (L/k)
where I is the interest portion, P is the monthly payment, L is the loan amount, and k is the total number of payments.
Since the borrower will make 240 payments over 20 years, the total number of payments per year is 12:
k = 12 payments/year x 20 years = 240 payments
Now, we can calculate the interest portion of the 30th payment:
I = $833.87 - ($120,090/240) = $833.87 - $500.38 = $333.49
Therefore, the interest portion in the 30th payment will be $333.49.
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Why must a marketing manager consider pricing objectives and constraints?.
Answer:
marketing manager considers pricing objectives and constraints to narrow the range of choices among the variety of pricing strategies demand curve enables a firm to examine prices in terms of quantity sold cost changing constraints as a result most firms change the price of their products more often if they sell online
Explanation:
An all equity firm has a cost of capital of 8.5 percent. The firm is considering switching to a debt-equity ratio of 1.90 with a pretax cost of debt of 5.4 percent. What will the firm's cost of equity be if the firm makes the switch? The tax rate is 25%
The cost of equity for the firm after making the switch can be calculated using the Capital Asset Pricing Model (CAPM). If the firm makes the switch to a debt-equity ratio of 1.90, the cost of equity will be 4.07%.
The formula for CAPM is:
Cost of Equity = Risk-Free Rate + Beta * Equity Risk Premium
First, we need to find the risk-free rate. Since the question doesn't provide this information, we'll assume it to be 2%.
Next, we need to find the equity risk premium. The equity risk premium is the excess return expected from investing in stocks over the risk-free rate. Again, the question doesn't provide this information, so we'll assume it to be 5%.
To calculate the beta, we need to use the debt-equity ratio. The debt-equity ratio is given as 1.90, which means for every dollar of equity, the firm has $1.90 of debt.
We can calculate the equity portion of the firm's capital structure by dividing 1 by (1 + debt-equity ratio). In this case, it would be
1 / (1 + 1.90) = 0.345.
The debt portion would be
1.90 / (1 + 1.90) = 0.655.
Now, we can calculate the beta using the following formula:
Beta = Equity Portion * Beta Equity + Debt Portion * Beta Debt
Assuming the beta for equity is 1.2 and the beta for debt is 0, the calculation would be:
Beta = 0.345 * 1.2 + 0.655 * 0 = 0.414
Finally, we can calculate the cost of equity using the CAPM formula:
Cost of Equity = 2% + 0.414 * 5% = 2% + 2.07% = 4.07%
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if the firm switches to a debt-equity ratio of 1.90 with a pretax cost of debt of 5.4%, the firm's cost of equity will remain the same at 8.5%.
The cost of equity for the firm can be calculated using the Capital Asset Pricing Model (CAPM). The formula for CAPM is:
Cost of Equity = Risk-Free Rate + Beta * (Market Risk Premium)
Let's calculate each component step by step.
1. Risk-Free Rate: The risk-free rate represents the return an investor would expect from a risk-free investment. In this case, we are not given the risk-free rate directly, so we need to assume one. Let's assume the risk-free rate is 2.5%.
2. Beta: Beta measures the sensitivity of a company's stock price to market movements. Since we are not given the beta, we cannot calculate the exact cost of equity. We'll assume a beta of 1 for simplicity.
3. Market Risk Premium: The market risk premium represents the additional return investors expect for taking on market risk. It can be calculated as the difference between the expected return on the market and the risk-free rate. Let's assume the market risk premium is 6%.
Now, let's calculate the cost of equity using the CAPM formula:
Cost of Equity = 2.5% + 1 * 6%
= 2.5% + 6%
= 8.5%
Therefore, if the firm switches to a debt-equity ratio of 1.90 with a pretax cost of debt of 5.4%, the firm's cost of equity will remain the same at 8.5%.
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Which of the following is the act of buying an asset to generate returns from it over a period of time while also taking care of risk and volatility?
Investment is the act of buying an asset to generate returns from it over a period of time while also taking care of risk and volatility.
What is risk?Financially speaking, risk is the possibility that a result or investment won't produce the desired results or return. Risk involves the potential for losing all or a portion of the initial investment.
Risk is typically quantified by taking past actions and results into account. Standard deviation is a frequent metric used to measure risk in finance.
The standard deviation gives a measurement of how volatile asset prices are in relation to their average historical values over a specific time period.
The level of willingness and resilience to risk that each investor exhibits is determined by their individual risk profile. Investors typically anticipate bigger profits to make up for increased investment risk.
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Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjusting entry to account for the rent that expired during the month of April. The adjusting entry contained a debit to Rent Expense in the amount of $ _______ and a credit to Prepaid Rent in the amount of $ ______. The remaining balance in the Prepaid Rent account after the adjustment was $ ______.
Explanation:
the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day