Consider two possible investments whose payoffs are completely independent of one another. both investments have the same expected value and standard deviation. you have $1,000 to invest between these investments. now suppose that there were 5 independent investments available rather than just two. would it matter if you spread your $1,000 across these 5 investments rather than two?

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Serious question, which is preferred in a business? pp or poopoo?

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)