Reference no: EM133061797
Question - The following transactions were recorded.
1. The Interstate Fur Trading Commission received a warrant from the Treasury for a $3,000,000 appropriation from Congress for the fiscal year beginning October 1, 2017.
2. The OMB apportioned to the commission $550,000 of its appropriation.
3. The commission head allotted $500,000 to specific purposes.
4. Salaries incurred and paid for the quarter totaled $100,000.
5. Purchase orders for equipment estimated to cost $60,000 were requested.
6. Equipment estimated to cost $45,000 was ordered.
7. The equipment was received along with an invoice for its cost, $43,250.
Required - Using the information above, prepare the necessary general journal entries to record the provided list of transactions.
Calculate the portfolio standard deviation
: Calculate the portfolio standard deviation for the portfolio containing two currency exchange pairs; JPYUSD and CHFUSD. JPYUSD is represented for 56% in the por
|
What amount should be reported as amortization expense
: On May1, 2022, Berserk. bought a trademark from Royce, Inc. for $600,000. What amount should be reported as amortization expense
|
Calculate the expected cash flows
: Calculate the expected cash flows (and standard deviation, where appropriate) for all hedging possibilities and select the most appropriate hedging tool. Compan
|
Forecast september sales volume
: National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:
|
Prepare the necessary general journal entries
: The equipment was received along with an invoice for its cost, $43,250. Prepare the necessary general journal entries
|
What is the net ?nancial pro?t
: What is the net ?nancial pro?t or loss or your portfolio (i.e., total expected net income)? What are its other impact characteristics?
|
What are the goals of the financial manager
: Please help me get unstuck What are the goals of the Financial Manager? Give 3 goals and explain each goal.
|
What do you have left in your account
: In the first quarter, your account lost 10% of its value. What do you have left in your account?
|
What is the company total book value of debt
: The bond currently sells for 91% of its face value. The company's tax rate is 38%. What is the company total book value of debt
|