Answer:
$1,400
Explanation:
The gain after the sale of the investment is the excess of the total selling amount over the cost of acquiring the shares initially.
Cost of initial acquisition=100*$78=$7800
Proceeds from shares disposal=100*$92=$9200
The gain after the sale of the investment=$9,200-$7,800
The gain after the sale of the investment=$1,400
commenced business with the balance at bank 125,000 (journal entry)
bank a/c Dr
to capital a/c
URGENT!!!
What are the share of earnings that a business owner pays for the right to be part of a certain business called?
fringe benefits
proprietor’s rights
royalties
special rights fees
Answer:
royalties
Explanation:
According to the video, what are some tasks performed by Tellers? Check all that apply.
O reviewing insurance applications
O cashing checks
O analyzing investment opportunities
O judging risk based on statistics
O accepting payments for a customer's bills
O dealing with foreign currencies
Answer:
Cashing checks, receiving checks/ paying out money, entering transactions on computers
Explanation:
According to O*NET, what are some common tasks performed by Tellers? Check all that apply.
Answer:
2, 5, 6
Explanation:
Hope this helps!
On the first day of the fiscal year, a company issues a $1,000,000, 7%, 5-year bond that pays semiannual interest of $35,000 ($1,000,000 × 7% × 1/2), receiving cash of $884,171. Journalize the entry for the issuance of the bonds. If an amount box does not require an entry, leave it blank.
Answer:
Debit cash: $884,171
Debit discount: $884,171
Explanation:
The Journal entry for the issuance of the bonds is to debit 'Cash' by $884,171, Debit 'Discount on Bonds Payable' by $115,829, and credit 'Bonds Payable' by $1,000,000.
What is the Journal entry?A journal entry is defined as a document of a business transaction that is kept in the books of accounts. Every transaction requires at least two journal entries in double-entry bookkeeping.
Because a transaction can cause numerous changes in a business, a bookkeeper keeps track of all of them with journal entries.
The Journal, also known as the Book of Primary Entry, is the first record of any business transaction. The data from these simple journal entries is then transferred to other books of accounts.
The journal entry is:
Cash a/c Dr. $884,171,
Discount on Bonds Payable a/c Dr. $115,829
To Bonds Payable a/c $1,000,000
Therefore, the journal entry is the primary recording of the books of accounts.
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when must interest and principal payments on a Stafford Student Loan begin
Answer:
The interpretation of the issue is listed throughout the clarification section below.
Explanation:
As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.
If a buyer defaulted some time ago on a written contract to purchase a seller's real estate, the seller can still sue for damages if he is not prohibited from doing so by the
Answer:
statute of limitations
Explanation:
If the buyer defaulted some time ago on a written contract to purchase a seller's real estate, the seller can still sue for damages if he is not prohibited from doing so by the
statute of limitations
The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year according to the average cost method?
Answer: a. $1,380
Explanation:
Using average cost method, the price of all inventory is the same and this cost is calculated by dividing the total cost of the inventory by the total units.
= (5 * 61) + (15 * 63) + (10 * 74) + (10 * 77)
= 305 + 945 + 740 + 770
= $2,760
Average cost = 2,760/ (5 + 15 + 10 + 10)
= $69 per unit
Total units for the year = 5 + 15 + 10 + 10 = 40 units
Total units on hand = 20 units
Total sold = 40 - 20 units
Cost of goods sold = 20 * 69
= $1,380
What happens if you only make the minimum payment on your credit card statement?
Offering only the minimum payment keeps you in debt longer and racks up interest charges. It can also put your credit score at risk.
Jesse sold his home for $187,999. During the sale process, Jesse paid his broker a commission of 6% of the sale price, $1,500 in marketing for the home, and $5,000 in other closing costs. How much did Jesse realize from the sale of his home, rounded to the nearest dollar
Suppose the frozen pizza market is in equilibrium. A recession causes local household incomes to decline. Assuming that frozen pizza is an inferior good, we can predict that the price of frozen pizza will _____ and the quantity of frozen pizza bought and sold will _____.
Answer:
increase
increase
Explanation:
Inferior goods are goods whose demand falls when income rises and increases when income falls.
If frozen pizza is an inferior good, a decrease in income will increase the demand for frozen pizza. this would lead to an increase in price and quantity
Which type of interest is charged on both the original amount borrowed and
the interest that has already accumulated?
A. Corporate interest
B. Bankruptcy interest
C. Simple interest
D. Compound interest
Answer: compound interest broski
How does the availability of economic resources in conjunction with the law of diminishing returns affect an entrepreneur's decisions?
Answer: A
Explanation:
According to the law of diminishing returns, the increase in output that results from adding a production factor is smaller. The law of diminishing returns aids the business in determining the ideal amount of output in production. This is so that the producer can determine whether or not the output has reached its maximum potential.
Why is the law of diminishing returns important?Because economists anticipate that a firm's short-run marginal cost curves would slope upward as the number of output units rises, the law of diminishing returns is significant because it forms part of the theoretical framework.
According to the economic theory known as the law of diminishing returns, as an investment in a certain area rises, the rate of profit from that investment can no longer rise if other factors remain constant after a certain point.
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mom???????????????????????
mom ??????????????????????
Answer:
Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.
Explanation:
Have a great day.
If customer satisfaction is a criterion for decision making, then customer satisfaction
a. Will be all that matters in the decision making process
b. Will be considered in the decision making process
C. Will not be considered in the decision making process
d. None of the above
If customer satisfaction is a criterion for decision making, then customer atisfaction, will be considered in the decision making process. This is further explained below.
What is decision-making?Generally, The process of choosing choices by recognizing a decision, acquiring information, and evaluating possible answers is known as decision making.
In conclusion, when a customer's satisfaction is a decision-making criterion, then customer satisfaction will be taken into account in the decision-making process.
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Joe and Janice run an accounting firm. The firm receives $5,000,000 as income from its services. It pays an annual rent for office premises amounting to $240,000. The salary paid to staff amounted to $100,000. Other operating expenses added up to $24,000. What is the net income earned by their business? The total expenses of the accounting firm amounted to $ . Thus, the net income earned by the business is $ .
Answer:
Expenses: $364,000.00
Net income : $4,636,000.00
Explanation:
The total expenses will be the sum of
Rent $240,00.00
Salaries $100,000.00
Operating expenses $24,000.00
Total expenses $364,000.00
Net income is the total revenue - total expenses
=$5,000,000.00 - $364,000.00
=$4,636,000.00
Q. Keeping in mind the rural area to be targeted, being a marketing manager of xyz Co. Which proactive marketing would you use to serve the target audience? Justify
Answer: Use of Radio, Television, Billboards, magazine and newspaper
Explanation:
Proactive marketing marketing or advertising is advertising in areas or location that your product or service in the places where people are not already looking or asking. Example of proactive marketing strategies to use are Television, magazine, radio commercials, billboards. Radio, Television and billboards will travel faster, because they can see the billboards and Television, also majority use radio
what does white space mean in terms of advertising?
A. Space within the advertising region that is text only
B. Space within the advertising region that is filled
C. Space within the advertising region that is colorful
D. Space within the advertising region that is left unmarked and unfilled
Answer:
D. Space within the advertising region that is left unmarked and unfilled
Explanation:
Hope this helps!!
The meaning of the word white space in advertising refers to Space within the advertising region that is left unmarked and unfilled. Thus, option (D) is correct.
What is Advertising?Advertising is a marketing strategy that involves paying for advertising space to sell a product, service, or movement. Marketing messages, or ads for short, are the real commercial messaging.
Advertising's purpose is to contact those who are most likely to be ready to pay for a company's goods or services and convince them to purchase them.
White space in a design is empty space or negative space that occurs surrounding all text in a design layout used in advertising. The space may seem to be empty, yet it is most likely the most crucial aspect of how the design seems to the human eye.
Therefore, it can be concluded that option (D) is correct.
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What is the effect of credit card interest on the real cost of items?
Answer:
Credit card interest rates, also known as finance charges, vary from one card issuer to another and may also vary across different credit cards from the same issuer. Before getting a credit card, you must be aware of the interest rate charged on it. Unlike other loans, credit card interest rates are usually not linked to the user’s credit score and repayment capacity. Every credit card has a preset finance charge and it will be the same for all the customers.
The most important point to note here is that interest is charged on credit cards only if you have not paid the outstanding amount in full or withdrawn cash from ATMs using the credit card. No interest is charged when you clear your credit card dues on time.
Casey buys 6.5 yards of blue fabric and 5.5 yards of red fabric. If the blue and red fabric cost the same amount per yard, and Casey pays $60 for all of the fabric, what is the cost per yard
Answer:
the cost per yard is $5
Explanation:
The computation of the cost per yard is as follows;
= Total cost for all of the fabric ÷ total number of yards
= ($60) ÷ (6.5 yards + 5.5 yards)
= $60 ÷ 12 yards
= $5 per yard
hence, the cost per yard is $5
We simply divided by the Total cost for all of the fabric from the total number of yards so that the cost per yard could come
Hence, the same is to be relevant
Relationship between technology and technical profession with example
Answer:
A technical position will use technology. For example, a programmer will utilize computer languages such as Java to write code to run on a variety of devices: cell phones, tablets, and laptops. A knowledge of how thinking and hardware interact is absolutely necessary.
Which kind of budget would cause the largest increase in a country's national
debt?
A. One that decreases taxes and decreases spending
B. One that increases taxes and decreases spending
C. One that decreases taxes and increases spending
D. One that increases taxes and increases spending
Answer: One that decreases taxes and increases spending
Explanation: got it wrong
The kind of budget that would cause the largest increase in a country's national debt is One that decreases taxes and increases spending. Thus the correct option is C.
What is the budget?A budget refers to making financial planning for the expenses that are going to occur and controlling the spending of an individual. The budget gives an estimate of the expenses.
A tax is a specific sum of money that is taken in by a government from its constituents and afterward used to fund projects like the construction of hospitals, roads, and transit systems, among other things.
A budget that decreases taxes and increases spending helps in lowering unemployment by raising opportunities for employment and increasing the standard of living of people.
Therefore, option C is appropriate.
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(13 points) APY is a(n) ____.
A. noncompounding interest rate
B. daily interest rate
C. interest rate advertised by lenders
D. interest rate advertised by borrowers
Answer:
C. interest rate advertised by lenders
Explanation:
APY stands for Annual percentage yield. It is the rate at which deposits earn interest in a checking or savings account. In other words, APY represents the amount of interest a deposit earns for one year when in a bank account.
The APY is a standardized presentation of interest to be earned. It incorporates all considerations, such as the compounding effect. APR makes it possible to compare expected returns from various financial instruments or institutions.
The adjusted trial balance of Indigo Corporation at December 31, 2017, includes the following accounts: Retained Earnings $16,651, Dividends $6,759, Service Revenue $35,644, Salaries and Wages Expense $13,785, Insurance Expense $1,799, Rent Expense $3,872, Supplies Expense $1,413, and Depreciation Expense $804.
Prepare an income statement for the year.
Answer:
$13,971
Explanation:
An income statement indicates the profit or loss a business makes in the financial period. Profits or loss is realized by subtracting expenses from revenue.
The revenue for Indigo Corporation is $35,644,
Expenses
Salaries and Wages Expense $13,785
Insurance Expense $1,799
Rent Expense $3,872
Supplies Expense $1,413
Depreciation Expense $804
Total expenses $21,673
Income will be
=$35,644 - $21,673
= $13,971
Retained Earnings and Dividends are part of company profits. They are not business income or expenses.
Harriet is running a company that produces shoes. She had employed 100 workers in her factory and had the output of 300 shoes per week.
With 200 employees the output was 600 shoes per week. She then Increased the number of employees to 300. She found that the output only
Increased to 700. Which operational phenomena has Harriet observed here?
A.
economies of scale
OB.
law of diminishing returns
C. law of cost-price increase
D.
depreciation principle
E.
fluctuation correction
Answer:
B
Explanation:
It demonstrates law of diminishing returns. The law of diminishing marginal returns states that adding an additional factor of production results in smaller increases in output.
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Which of the following is an example of receiving information
Answer:
Receive is defined as to take, accept, experience or welcome. An example of receive is getting a letter in the mail. An example of receive is someone being given a gift. An example of receive is someone hearing bad news.
Explanation:
Which tax is specifically charged on real estate?
Kimberly wants to sell her house. However, the buyer is unwilling to buy the house, saying that the _____ tax levied on the house is taking the price of the house over his budget.
Answer:
Property tax assessment
Explanation:
Under construction propertiesare taxed at 12%
From my according
An insurance premium is:
O A. an estimate of the amount of money a person can save on
insurance.
B. a limit on the amount of insurance money a person can claim.
C. a discounted rate an insured person gets to pay for a service.
O D. a monthly payment that ensures insurance coverage for a person.
An insurance premium is a monthly payment that ensures insurance coverage for a person. Hence, option D is appropriate.
What is the meaning of Insurance?Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If you don't have insurance and an accident occurs, you can be liable for all expenses.
Next, we look more closely at the three most significant categories of insurance: life, liability, and property. Insurance is a financial product offered by insurance firms to protect you and/or your possessions from the possibility of theft, loss, or damage.
Anyone wishing to safeguard their family, possessions, and self from financial danger or losses will benefit from insurance plans: Insurance plans will assist you in covering the costs of unexpected medical expenses, hospitalization, contracting illnesses, and treatment.
Hence, option D is correct.
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what happen if a person dies and they wanted someone to have there car. They died and everyone knows that the car was suppose to go to that person, but the person that died didn't have I will or anything saying it was suppose to go to that person, can they still get the car?
Answer:
it all depends on if the family is the giving type as some people would try to hold on to things from listed onesand others would try to Give them away ....in shot people grieve differently so it's a 50/50 chance
Answer:
probably not because it's just like if this family met an old person about to die and pretended to be nice and do things for him until he died then went to the police and said that he would give them his house so now a days u can't just go off of 'they said ___ before I died' SO like I said again probably not
Which of the following statements is FALSE? Consider the case of a new firm that is identical to an existing publicly traded company. If these firms will generate identical cash flows, the Law of One Price implies that we can use the value of the existing company to determine the value of the new firm. A valuation multiple is a ratio of some measure of a firm's scale to the value of the firm. In the method of comparables, we estimate the value of a firm based on the value of other, comparable firms or investments that we expect will generate very similar cash flows in the future. Even two firms in the same industry selling the same types of products, while similar in many respects, are likely to be of different size or scale.
Answer: A valuation multiple is a ratio of some measure of a firm's scale to the value of the firm.
Explanation:
The Law of One Price does indeed allow for the determination of the value of the new firm using the value of the existing firm as they are identical. The value of a firm is also estimated based on the value of comparable ones.
It is also true that companies can be similar in many respects but still be different in size and scale.
Valuation multiples however, are not ratios of some measure of a firm's scale to the value of the firm but ratios of financial metrics in the company that can be used for analysis and comparison.
Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?
Answer:
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