Customer return and refund on december 28, 20y3, silverman enterprises sold $19,500 of merchandise to beasley co. with terms 2/10, n/30. the cost of the goods sold was $10,100. on december 31, 20y3, silverman prepared its adjusting entries, yearly financial statements, and closing entries. on january 3, 20y4, silverman enterprises issued beasley co. a credit memo for returned merchandise. the invoice amount of the returned merchandise was $4,300 and the merchandise originally cost silverman enterprises $2,350. a. journalize the entries by silverman enterprises to record the december 28, 20y3, sale. if an amount box does not require an entry, leave it blank.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

What is the sequence of events that could lead to trade surplus