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Question - Short term investments have an important role to play in personal financial management. Briefly discuss two advantages and two disadvantages of short-term investments as part of an investor portfolio.
Your friend was hoping to make money investing in well-known companies shares that he thinks are going to outperform the market. He buys and sells shares on a very frequent basis. Unfortunately, since he began following this approach, he has lost 20% of his money. You suggest to your friend that he may be better off if he invests in an Exchange Traded index fund.
Required - Explain what an Exchange Traded index fund is.
Discuss two reasons why an investment in an Exchange Traded index fund is better than the approach your friend has previously followed.
arnold corporation has been authorized to issue 40000 shares of 100 par value 8 noncumulative preferred stock and
In 2018, Apple was the first company to hit $1 trillion in market capitalization, a value that was much greater Explain why this difference exists?
Bottoms Up Diaper Service is considering the purchase of a new industrial washer.- What is NPV if the firm uses MACRS depreciation with a 5-year tax life?
Precious, Inc. is a merchandiser of a single line of golden rings. At the beginning of the? day, the shop had 10 rings in its inventory. During the? day, 3 new rings were delivered to the shop. By close of? business, only 7 rings remained in inventor..
Gato's party that has not yet cleared. What amount of deposits/payments in transit should appear on the February bank reconciliation?
Wayen, Inc. sells to wholesalers on terms of 2/15, net 30. In its Dec. 31, 20x1 balance sheet, what amount should Wayen report for allowance for discounts?
calculation of ending inventory for interim financial statements.ernst equipment co. wants to prepare interim financial
On January 1, 2013, Pastel Colors Corporation purchased drilling equipment for $11,500. The equipment has an estimated useful life of four years and a salvage value of $200. Assuming that Pastel Colors uses the straight-line method of depreciation, i..
Beginning inventory for September is expected to be 4,000 suits. What is dollar amount of the purchase of suits? Each suit has a cost of $75.
Upon completing her first year of business as a hair dresser, Prepare the revised statement of income complying with the accrual concept.
Provide the journal entries on Barbie's books relating to its investment in Ken Corp, assuming that Barbie classifies Ken Corp Fair Value through Net income
Justin Brimer owns his own taxi, for which he bought a $30,000 permit to operate two years ago. Mr. Brimer earns $38,000 a year operating as an independent but has the opportunity to sell the taxi and permit for $85,000 and take a position as dispatc..
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