On January 1, 2011, Carol Finlay formed a new interior-design business by
investing $10,000 of her personal funds into the business. Thecash was
deposited into a bank account opened under the name of Finlay Interiors.
The following transactions took place from January 1 to January 31:
Transaction 2: On January 1, Finlay Interiors used $2,500 of its cash to purchase supplies
Transaction 3: On January 1, Finlay Interiors purchasedadditional supplies at a cost of
$1,100 and furniture at a cost of $6,000, ON CREDIT from
Can Tech Supply Company. Finlay Interiors will pay for the supplies in 30 days,
but has arranged to pay for the furniture by signing a note payable.
Transaction 4: On January 10, Finlay Interiors provided consulting services to a dentist
and immediately collected $2,200 cash
Transaction 5: On January 10, Finlay Interiors paid $1,000 rent for the month of January.
Transaction 6: On January 14, Finlay Interiors paid $700 salaryto the business's only employee.
Transaction 7: On January 14, a customer and Carol Finlay sign a $65,000 contract that requires
Finlay Interiors to do the interior design for an office building currently under
construction. Finlay Interiors is expected to perform the services during February
and March.
Transaction 8: On January 15, Finlay Interiors provided consulting services and rented
furniture to a customer and billed the customer $1,600 forth consulting
services and $300 for the rental of the office furniture.
Transaction 9: On January 25, 10 days after billing the customer in transaction =8, received
full payment from that customer.
Transaction 10: On January 25, Finley Interiorspaid $900 of the amount owingto Can Tech
Supply Company
Transactionl1: Carol Finlay withdrew $600 cash from the business for her PERSONAL use.
Answers
The cash balance at the end of January 2011 is $8,400.
On January 1, 2011, Carol Finlay formed a new interior-design business by investing $10,000 of her personal funds into the business. The cash was deposited into a bank account opened under the name of Finlay Interiors.The following transactions took place from January 1 to January 31
Transaction 2: On January 1, Finlay Interiors used $2,500 of its cash to purchase supplies
Transaction 3: On January 1, Finlay Interiors purchased additional supplies at a cost of $1,100 and furniture at a cost of $6,000, ON CREDIT from Can Tech Supply Company. Finlay Interiors will pay for the supplies in 30 days but has arranged to pay for the furniture by signing a note payable.
Transaction 4: On January 10, Finlay Interiors provided consulting services to a dentist and immediately collected $2,200 cash
Transaction 5: On January 10, Finlay Interiors paid $1,000 rent for the month of January.
Transaction 6: On January 14, Finlay Interiors paid $700 salaries to the business's only employee.
Transaction 7: On January 14, a customer and Carol Finlay sign a $65,000 contract that requires Finlay Interiors to do the interior design for an office building currently under construction. Finlay Interiors is expected to perform the services during February and March.
Transaction 8: On January 15, Finlay Interiors provided consulting services and rented furniture to a customer and billed the customer $1,600 for the consulting services and $300 for the rental of the office furniture.
Transaction 9: On January 25, 10 days after billing the customer in transaction 8, received full payment from that customer.Transaction 10: On January 25, Finley Interiors paid $900 of the amount owing to Can Tech Supply Company
Transaction 11: Carol Finlay withdrew $600 cash from the business for her PERSONAL use.The total amount of revenue earned by Finlay Interiors in January 2011 is $2,200 + $1,600 = $3,800. The cash balance at the end of January 2011 is calculated as follows:Cash balance as of January 1, 2011: $10,000Cash paid for supplies: -$2,500Cash collected from consulting services: +$2,200Cash paid for rent: -$1,000Cash paid for salaries: -$700Cash received from customer in transaction 9: +$1,900Cash paid to Can Tech Supply Company: -$900Cash withdrawn by Carol Finlay: -$600Total cash balance at the end of January 2011: $8,400.
Therefore, the cash balance at the end of January 2011 is $8,400.
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Related Questions
https://Given this option chain, if you wanted to trade a short call with a delta near .50, which strike would you choose
Answers
To trade a short call with a delta near 0.50, you need to choose a strike price that has a corresponding delta value close to 0.50. The delta value represents the rate at which the option price will change in relation to the underlying asset price.
First, locate the option chain that provides the delta values for different strike prices. Look for the call options in the chain.
Next, scan through the strike prices and their corresponding delta values. Find the strike price where the delta is closest to 0.50. For example, if you see a strike price with a delta of 0.48 and another with a delta of 0.52, you would choose the strike price with a delta of 0.48 as it is closer to 0.50.
Ensure that the chosen strike price aligns with your trading strategy and risk tolerance. Additionally, consider other factors such as the underlying asset's price, implied volatility, and expiration date before making your final decision.
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What type of pricing strategy involves consumers making a judgment about a product and its
quality based on its price compared with a similar product?
O reference pricing strategy
Oprice lining strategy
O fair price strategy
O odd pricing strategy
Answers
Answer: reference pricing strategy
Explanation:
i. Rohit after doing his graduation has decided to run a retail shop as a source of livelihood.
ii. He procures the goods from the wholesalers according to the consumer's demand and
maintains a regular supply of goods to his customers.
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TGIS-Raipur
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iii. Customers are well satisfied with his services due to which his sales turnover is very high
and he is earning a good return on his capital employed.
iv. Seeing his Successful business, two other retailers have also opened their shops in the same
area giving him tough competition reducing his market share and margin of profits. But
Rohit knows, in spite of his best efforts put into the business, there is always the possibility
of inadequate profits or losses.
a. Identify the economic activity Rohit is engaged in.
b. Enlist the features of identified economic activity with reference to the underlined words
in each sentence given above.
Answers
Answer:
b
Explanation:
just had the same question
Answer:
a-business is the economic activity
b-features are
profit earning- as it js essential for survival growth and expansion of business
dealings in goods and services on a regular basis - and not merely one single transactions of sale or purchase
the debts that rhonda's company will repay within the next _____ are considered to be current debt.
Answers
The debts that Rhonda's company will repay within the next "12 months" are considered to be current debt.
Current debt is the term of short-term debt that must be repaid within a year and it is typically listed as a current liability on the balance sheet.
There are many examples that reflect current debt like current debt include accounts payable, short-term loans, and credit card balances. There are four types of debt like secured debt, unsecured debt, revolving debt and mortgages.
Therefore, the the debts that Rhonda's company will repay within the next one year or 12 months are considered to be current debt.
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Think about how personal branding has made it easier and more difficult to get a job. Give one example of each.
Answers
Personal branding can make it easier and more difficult to get a job in different ways, as explained below:
Easier: Personal branding can help job seekers stand out from other candidates by showcasing their unique skills, experiences, and personality traits. For example, a graphic designer who has established a strong personal brand through a portfolio website, social media presence, and positive reviews from clients may have an advantage over other designers who have not invested as much effort into their personal branding. This can make it easier for the designer to attract potential clients and job opportunities that align with their brand and expertise.
More difficult: On the other hand, personal branding can also make it more difficult to get a job if it does not align with the employer's values or expectations. For instance, a candidate who has a strong personal brand on social media but shares controversial or offensive opinions may not be considered for a job that requires a professional and respectful demeanor. Additionally, if a candidate's personal brand is too strong or dominant, it may overshadow their qualifications and experience, leading potential employers to perceive them as self-promoting or arrogant. This can make it more difficult for the candidate to convince employers that they are a good fit for the job based on their skills and achievements alone.
. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answers
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
Jelly Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $49,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $141,000
Answers
The amount of net operating income in a month is equal to $35,100.
What is a contribution margin?A contribution margin (CM) is an amount of profit that is computed before deducting the fixed cost.
Given values:
Sales Revenue: $141,000
Fixed cost: $49,500
CM ratio: 60%
Computation of net operating income:
\(\rm\ Net \rm\ Operating \rm\ Income=(\rm\ Sales \rm\ Revenue \times \rm\ Contribution \rm\ Margin \rm\ Ratio) - \rm\ Fixed \rm\ Cost\\\rm\ Net \rm\ Operating \rm\ Income=(\$141,000 \times\ 60\%)-\$49,500\\\rm\ Net \rm\ Operating \rm\ Income=\$84,600-\$49,500\\\rm\ Net \rm\ Operating \rm\ Income=\$35,100\)
Therefore, when the fixed cost is $49,500 and the contribution margin is $84,600, then the net operating income comes out to be $35,100.
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14. Resources minus capital equals:
A Assets
B. Liabilities
C. revenues
D. Equity
Answers
B). 'Liabilities' is equal to the Resources minus capital.
LiabilitiesLiability is described as the 'amount of money in a company that is owed to someone. It is the money that has to be paid in the future.Some examples of liabilities can be;
TaxDebtInterestMortgage paymentsTherefore, when the capital(money owned) is subtracted from the resources of the business, the amount left is called debt or liability that one is liable to pay to someone. Hence, option B is the correct answer.
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If Marco decides to sell his pet products through an online distribution company, such as Amazon, then what type of intermediary is this
Answers
Based on the type of business that Amazon engages in, we can conclude that they are Retailers.
A retail intermediary:
Sells directly to the customer Buys goods from wholesalers and producers Also buys from individuals who wish to sell goodsMarco is hoping to sell his pet products through an online distribution company which would make him a wholesaler and the company he sells through will be a retailer as a result.
In conclusion, this intermediary is a retailer.
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Business transactions completed by Hannah Venedict during the month of September are as follows.
a. Venedict invested $60,000 cash along with office equipment valued at $25,000 in exchange for common stock of a new company named HV Consulting.
b. The company purchased land valued at $40,000 and a building valued at $160,000. The purchase is paid with $30,000 cash and a long-term note payable for $170,000.
c. The company purchased $2,000 of office supplies on credit.
d. Venedict invested her personal automobile in the company in exchange for more common stock. The automobile has a value of $16,500 and is to be used exclusively in the business.
e. The company purchased $5,600 of additional office equipment on credit.
f. The company paid $1,800 cash salary to an assistant.
g. The company provided services to a client and collected $8,000 cash.
h. The company paid $635 cash for this month’s utilities.
i. The company paid $2,000 cash to settle the account payable created in transaction c.
j. The company purchased $20,300 of new office equipment by paying $20,300 cash.
k. The company completed $6,250 of services for a client, who must pay within 30 days.
l. The company paid $1,800 cash salary to an assistant.
m. The company received $4,000 cash in partial payment on the receivable created in transaction k.
n. The company paid $2,800 cash in dividends.
Required
1. Prepare general journal entries to record these transactions (use account titles listed in part 2).
2. Open the following ledger accounts—their account numbers are in parentheses (use the balance column format): Cash (101); Accounts Receivable (106); Office Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Fees Earned (402); Salaries Expense (601); and Utilities Expense (602). Post the journal entries from part 1 to the ledger accounts and enter the balance after each posting.
3. Prepare a trial balance as of the end of September
Answers
Here are the journal entries for the transactions and the resulting trial balance:
Journal Entries:
a. Debit: Cash $60,000; Credit: Common Stock $60,000
b. Debit: Land $40,000; Debit: Building $160,000; Credit: Cash $30,000; Credit: Notes Payable $170,000
c. Debit: Office Supplies $2,000; Credit: Accounts Payable $2,000
d. Debit: Automobiles $16,500; Credit: Common Stock $16,500
e. Debit: Office Equipment $5,600; Credit: Accounts Payable $5,600
f. Debit: Salaries Expense $1,800; Credit: Cash $1,800
g. Debit: Cash $8,000; Credit: Fees Earned $8,000
h. Debit: Utilities Expense $635; Credit: Cash $635
i. Debit: Accounts Payable $2,000; Credit: Cash $2,000
j. Debit: Office Equipment $20,300; Credit: Cash $20,300
k. Debit: Accounts Receivable $6,250; Credit: Fees Earned $6,250
l. Debit: Salaries Expense $1,800; Credit: Cash $1,800
m. Debit: Cash $4,000; Credit: Accounts Receivable $4,000
n. Debit: Dividends $2,800; Credit: Cash $2,800
Trial Balance:
Cash: $57,965; Accounts Receivable: $6,250; Office Supplies: $1,000; Office Equipment: $52,900; Automobiles: $16,500; Building: $160,000; Land: $40,000; Accounts Payable: $3,600; Notes Payable: $170,000; Common Stock: $76,500; Dividends: $2,800; Fees Earned: $14,250; Salaries Expense: $3,600; Utilities Expense: $635.
The journal entries record the specific financial transactions, including investments, purchases, payments, and revenues, made by Hannah Venedict's company, HV Consulting, in September. These transactions are then posted to their respective ledger accounts, such as Cash, Accounts Receivable, Office Supplies, and so on. Each ledger account shows the debits and credits associated with the transactions and their resulting balances.
The trial balance is a summary of all the ledger account balances, presenting a snapshot of the company's financial position at the end of September. It ensures that the debits equal the credits and helps in preparing financial statements. In this case, the trial balance reveals the balances of various accounts, such as cash, receivables, payables, and equity accounts like common stock and dividends.
Overall, the journal entries, ledger accounts, and trial balance provide a comprehensive overview of the financial transactions and the resulting account balances for HV Consulting in September.
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influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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Use these graphics to answer the question.
An association of medical researchers examined exercise trends among adults.
pls help need an answer fast
Which ratio shows the relationship between the total percent of people who exercised in 2014 to the percent of adults ages 18–24 who exercised in 2016?
47:42
58:45
48:59
48:50
Answers
The ratio that represents the relationship between the total percent of people who did exercise in 2014 compared to the the percent of adults ages 18–24 who exercised in 2016 is 48:59.
What is a ratio?A ratio is the comparison of two figures, this can be done with the past data, or can be done with the budgeted or any competitor. In the example given the data is compared with the past data, base year is 2014 and the current year is 2016.
The ratio that is calculated represents that the total percentage of people were 48% in 2014 and the adults in 2016 as a total represents a percentage of 59% and therefore the ratio is 48:59.
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Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answers
Answer:
I would say D because it sounds more reasonable for me
What health issue did Feiler face that led him to consider his family?
Answers
Which of the following is not a step in the marketing research process?
O a. Estimate sales
O b. Interpret the information
O c. Make a preliminary investigation
O d. Gather factual information
Answers
The correct answer is option (a) Estimate sales.
The practice of assessing the viability of a new good or service through interviews with prospective customers is known as market research. With the aid of this technique, businesses and organizations may identify their target market, gather and record customer feedback, and arrive at well-informed conclusions.
In a marketing research process, it includes only the steps involving the study of the market and interpreting information based on that.
In the given question, a market research process always includes the steps like gathering factual information, making a preliminary investigation and interpreting the information that was achieved through the market study. But, in a market research process, there is no work of sale estimation. Sales estimation is an end process and marketing research is a beginning process. Sales value may fluctuate and to derive a correct sales estimation, there needs to be a proper marketing research.
Therefore, estimating sales is not a part of a marketing process, hence, option (a) is the correct answer for this question.
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Which example BEST demonstrates a fixed exchange rate?
Nineteen European Union (EU) member states have adopted the euro (€) as their common currency, and their exchange rates are effectively fixed to each other.
One US dollar might buy one British Pound today, but it might only buy 0.95 British Pounds tomorrow.
The Hong Kong dollar (HKD) is pegged at 7.8 to the US dollar, but can trade between 7.75 and 7.85.
The central bank of Vietnam allows its currency, the dong, to move in a band of 3 percent on either side of a daily reference rate.
Answers
The BEST example of a fixed exchange rate is A. Nineteen European Union (EU) member states have adopted the euro (€) as their common currency, and their exchange rates are effectively fixed to each other.
What is a fixed exchange rate?A fixed exchange rate is a system in which the value of a currency is fixed, or pegged, to the value of another currency, commodity, or other measure of value.
In this case, the exchange rate between the European Union member states that have adopted the euro as their common currency is fixed, meaning that it does not fluctuate in response to changes in supply and demand.
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Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if there were only one or two career clusters?
Answers
Assume that two companies (C and D) are duopolists that produce identical products. Demand for the products is given by the following linear demand function: P=500−Qc−Qd where Qc and Qd are the quantities sold by the respective firms and P is the selling price. Total cost functions for the two companies are: TCc=25,000+100Qc and TCd=20,000+125Qd
Assume that the firms act independently as in the Cournot model (i.e., each firm assumes that the other firm's output will not change).
a. Determine the long-run equilibrium output and selling price for each firm.
b. Determine the total profits for each firm at the equilibrium output found in Part (a).
Answers
To determine the long-run equilibrium output and selling price for each firm in the Cournot duopoly model, we need to find the quantities that maximize each firm's profit. We can follow these steps:
Step 1: Calculate the reaction function for each firm.
In the Cournot model, each firm assumes that the other firm's output will not change. Therefore, each firm determines its optimal quantity based on this assumption.
For Firm C:
Profit (πc) = Revenue (Pc * Qc) - Total Cost (TCc)
πc = (500 - Qc - Qd) * Qc - (25,000 + 100Qc)
To find the reaction function for Firm C, we differentiate the profit function with respect to Qc and set it equal to zero:
dπc / dQc = 0
(500 - 2Qc - Qd) - 100 = 0
400 - 2Qc - Qd = 0
Qc = (400 - Qd) / 2
Similarly, for Firm D:
Profit (πd) = (500 - Qc - Qd) * Qd - (20,000 + 125Qd)
Differentiating the profit function with respect to Qd and setting it equal to zero:
dπd / dQd = 0
(500 - Qc - 2Qd) - 125 = 0
375 - Qc - 2Qd = 0
Qd = (375 - Qc) / 2
Step 2: Solve the reaction functions simultaneously to find the equilibrium quantities.
Substitute the expression for Qc from the reaction function of Firm C into the reaction function of Firm D:
Qd = (375 - [(400 - Qd) / 2]) / 2
Solving this equation will give us the value of Qd. Let's simplify the equation:
Qd = (375 - 400 + Qd) / 2
2Qd = -25 + Qd
Qd = 25
Substitute the value of Qd back into the reaction function of Firm C to find Qc:
Qc = (400 - 25) / 2
Qc = 187.5
Step 3: Calculate the equilibrium selling price (P).
Using the demand function, P = 500 - Qc - Qd, we substitute the equilibrium quantities:
P = 500 - 187.5 - 25
P = 287.5
Therefore, the long-run equilibrium output and selling price for each firm are:
Firm C: Qc = 187.5, P = 287.5
Firm D: Qd = 25, P = 287.5
b. To determine the total profits for each firm at the equilibrium output, we substitute the equilibrium quantities into the respective total cost functions.
For Firm C:
Total profit (πc) = (Pc * Qc) - TCc
πc = (287.5 * 187.5) - (25,000 + 100 * 187.5)
For Firm D:
Total profit (πd) = (Pd * Qd) - TCd
πd = (287.5 * 25) - (20,000 + 125 * 25)
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Lost income due to investing in machinery retooling rather than materials to produce more units is an ______ cost.
Answers
Lost income due to investing in machinery retooling rather than materials to produce more units is an opportunity cost.
Opportunity cost refers to the value of the next best alternative forgone when a decision is made. In this case, the decision to invest in machinery retooling means sacrificing the opportunity to generate additional income by producing more units.
By choosing to allocate resources towards retooling, the business foregoes the immediate benefits of producing and selling more units, which could have generated income.
Instead, the funds are invested in machinery, which may bring long-term benefits such as increased efficiency or expanded production capabilities.
However, during the retooling period, there is a temporary loss of income.
Understanding opportunity cost is essential for decision-making because it highlights the trade-offs involved and the potential benefits that could have been obtained if an alternative choice was pursued.
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What is a source of equity financing?
A. securing short-term loans from a family member
B. receiving trade credit from suppliers
C. selling personal assets to raise funds
D. securing government loans
E. borrowing money from friends
Answers
A business analyzes what competitors are charging for products.
Answers
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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Please someone solve this sim I’m not getting ir
Answers
The journal entry based on the information is shown below.
How to depict the journal entryDate Particulars Debit Credit
Aug 1, 2011 Cash A/c 10,000 -
Aug 1, 2011 Goods A/c 15,000 -
Aug 1, 2011 Building A/c 30,000 -
Aug 3, 2011 Purchases A/c 5,400
Aug 3, 2011 Sunlight & Co. A/c - 600
Aug 4, 2011 Waman & Co. A/c - 7,200
Aug 4, 2011 Sales A/c 8,000
Aug 6, 2011 Kundan A/c - 10,000
Aug 8, 2011 Sunlight & Co. A/c 4,800
Aug 8, 2011 Bank A/c 4,800
Aug 10, 2011 Bank A/c 7,000
Aug 10, 2011 Waman & Co. A/c 7,000
Aug 15, 2011 Kundan A/c 10,000
Aug 15, 2011 Goods A/c - 10,000
Aug 20, 2011 Purchases A/c 1,620
Aug 20, 2011 Discount Received A/c 180
Aug 22, 2011 Cash A/c 1,500
Aug 22, 2011 Virendra A/c 1,500
Aug 24, 2011 Office Furniture A/c 8,000
Aug 26, 2011 Goodman Furniture Works A/c - 7,800
Aug 26, 2011 Bank A/c 7,800
Aug 28, 2011 Carriage A/c 600
Aug 28, 2011 Bank A/c 600
Aug 30, 2011 Bank A/c 650
Aug 30, 2011 Commission Received A/c 650
It should be noted that T.D. stands for Trade Discount, C.D. stands for Cash Discount, and A/c stands for Account.
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Which of the types of financial institution below is set up by a local government and allows borrowers and depositors to be members? Savings and loan association Commercial bank Credit union Mutual savings bank
Answers
Credit unions are types of financial institutions that are set up by a local government and allow borrowers and depositors to be members. They operate as nonprofit organizations, which are governed by a board of directors elected by the members, and they offer services similar to those of commercial banks.
Credit unions provide a wide range of financial services to their members, including savings accounts, checking accounts, loans, and credit cards. They often offer lower interest rates on loans and higher interest rates on savings accounts than commercial banks.
Credit unions differ from other financial institutions in several ways. They are cooperative organizations, which means that they are owned and controlled by their members. Each member has an equal say in the governance of the credit union, regardless of how much money they have deposited. Credit unions also have a strong focus on community involvement and often provide services to underserved populations.
Credit unions are often more flexible in their lending practices than commercial banks. They may be more willing to make loans to people with low credit scores or to provide small business loans to local entrepreneurs. This is because credit unions are not driven by the need to generate profits for shareholders, as commercial banks are. Instead, they focus on providing affordable financial services to their members.
In conclusion, credit unions are a unique type of financial institution that is set up by a local government and allows borrowers and depositors to be members. They operate as nonprofit organizations, are governed by a board of directors elected by the members, and provide a wide range of financial services.
Credit unions are owned and controlled by their members and have a strong focus on community involvement. They are often more flexible in their lending practices than commercial banks and provide affordable financial services to their members.
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The technical data regarding a hazardou chemical hall be determined by:
Data from work-ite teting
Data from the manufacturer
Data from the upply tore
Data from the local fire department
Answers
The technical data regarding a hazardou chemical hall be determined by Data from the manufacturer.
How are chemicals determined to be hazardous?Hazardous chemicals are those that have the potential to endanger human health or safety. Chemical hazardous chemicals may be poisonous, explosive, flammable, self-reactive, oxidising, or corrosive depending on their qualities.The maker or importer of the chemical must choose the danger classes and, when applicable, the category of each class that relate to the chemical being categorised for each chemical.Check the product's container label and/or the SDS, both of which are available from the seller, to determine whether a material is harmful. A SDS is not necessary and may not be provided if a product is not categorised as a hazardous chemical under the Work Health and Safety Act of 2011.
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Choose the correct answer from the alternatives given below
1.1.1
The state aims to bring about a more equal distribution of income by using...
A. Proportional personal income tax
В. Progressive personal income tax
C. Regressive personal income tax
Answers
Answer: proportional personal income tax
Explanation: because it gives everyone the same about of tax no matter the income
For the given cash flows, suppose the firm uses the NPV decision rule.
Year Cash Flow
0 –$ 148,000
1 64,000
2 75,000
3 59,000
At a required return of 12 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
NPV $
At a required return of 21 percent, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
NPV $
Answers
The NPV of the project at a required return of 12 percent is $5,260.79, and at a required return of 21 percent, it is -$7,971.99.
To calculate the Net Present Value (NPV) of the project, we need to discount the cash flows at the required return rate for each year.
Using the given cash flows:
Year 0: -$148,000
Year 1: $64,000
Year 2: $75,000
Year 3: $59,000
At a required return of 12 percent:
To calculate the NPV, we discount each cash flow using the formula:
NPV = CF0/(1+r)^0 + CF1/(1+r)^1 + CF2/(1+r)^2 + CF3/(1+r)^3
NPV = -$148,000/(1+0.12)^0 + $64,000/(1+0.12)^1 + $75,000/(1+0.12)^2 + $59,000/(1+0.12)^3
Calculating this, we find the NPV to be $5,260.79.
At a required return of 21 percent:
Using the same formula, we calculate the NPV:
NPV = -$148,000/(1+0.21)^0 + $64,000/(1+0.21)^1 + $75,000/(1+0.21)^2 + $59,000/(1+0.21)^3
Calculating this, we find the NPV to be -$7,971.99 (negative value indicates a negative NPV).
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A recent high school graduate is researching ways she can pay for her college education. She has received three small scholarships, but still needs to pay for
most of the tuition herself. Which of these options may be available to help her pay for her education? Select all that apply.
A. mortgage loan
B. Perkins loan
C. private loan
D. Stafford loan
E. payday loan
E business loan
Answers
Answer:
C and D
Explanation:
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experience rating is a method of setting group premium rates that are based on projected healthcare costs of a group. true or false?
Answers
Experience rating is a method of setting group premium rates that are based on the projected healthcare costs of a group. True
An insured party's damage amount is rated according to how much harm other insured parties with comparable experiences have sustained. It is a technique for determining group premium rates based on an estimated group's medical expenses. Here, a group's premium rates are established by its demographics, claim history and historical healthcare usage.
In general, premium rates will be higher for groups with a history of higher healthcare consumption and claims, while premium rates will be lower for groups with a history of lower utilisation and claims. When discussing health insurance provided by an employer, experience rating is frequently utilised. It is a method for insurance providers to control risk and make sure they are charging reasonable premium rates for a certain population.
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the himalayas are being uplifted at a rate of approximately 2 cm per year and are being eroded at approximately 3 mm per year. what is the overall rate of growth of the himalayas per year?
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The Himalayas are being uplifted at a rate of approximately 2 cm per year and eroded at approximately 3 mm per year, the overall rate of growth of the Himalayas per year is an increase of 17 mm yearly.
The steep Himalayas, which run 2,900 km along the boundary between India and Tibet, are among the most striking and apparent products of plate-tectonic forces. Between 40 and 50 million years ago, two massive landmasses, India and Eurasia, collided due to plate movement, giving rise to this enormous mountain range. The Himalayas are still growing at a rate of more than 1 centimeter each year, or 10 km in a million years!
A value's growth rate gauges how much it has changed over time (month, quarter, year). The percentage is a fairly universal way to communicate it.
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How do I find out if I have unclaimed money in Tennessee?
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Unclaimed money refers to funds that have gone unclaimed by their rightful owner for a certain period of time. In Tennessee, there are several ways to find out if you have unclaimed money.
Tennessee Treasury Department's Unclaimed Property Division: You can search the Tennessee Treasury Department's Unclaimed Property Division database to see if you have any unclaimed money. The database is updated regularly and you can search for unclaimed funds using your name or business name.National Association of Unclaimed Property Administrators (NAUPA): Tennessee participates in the NAUPA, which is a national database of unclaimed property. You can search for unclaimed funds using your name or business name on the NAUPA website.Third-party websites: There are also several third-party websites that allow you to search for unclaimed money. Some of these websites may charge a fee for their services, so it is important to carefully research and compare different options before using a third-party website.To know more about unclaimed refer to-
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