All categories

2 years ago

What is the correct entry for a $100 purchase of supplies on credit?

Business

2 answers:

solmaris [256]2 years ago

6 0

the correct answer to this problem is c

wolverine [178]2 years ago

4 0

Answer:c

Explanation:

You might be interested in

LLY Corporation is planning to issue a $1,000 face value bond with a maturity of 30 years. The annual coupon rate is expected to

VladimirAG [237]

Answer:

$739.72 ≈ 739.72

Explanation:

we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])

fv = $1,000
pmt = $1,000 x 7.25% x 1/2 = $36.25
nper = 60
rate = 10% / 2 = 5%
present value = ?

=PV(5%,60,36.25,1000) = -739.72 since excel calculates the initial investment, it is always negative, so we just change the sign.

6 0

2 years ago

What document provided by the seller describes the condition of the property?

prisoha [69]

The document that is being used by a seller in which the contents and description of the property is placed for the buyer to see is in the transfer disclosure statement. The transfer disclosure statement will provide the description of the property and if there are any damages in the property of additional fixtures or cost made. It could provide contents such as things having to be furnished or not.

8 0

2 years ago

Before your first day of work, it is a good idea to _____.

liraira [26]

Before your first day of work, it is a good idea to : C. Drive to work to see how long it takes

One of the most important thing to do in your first day of work is to display a good first impression, and coming late to your work at the first day will destroy your boss' first impression about you, in order to avoid that, you should check out the amount of time needed to get to work

3 0

2 years ago

For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on

VikaD [51]

Answer:

A) Profit Margin, Barco = 23.8%, Kyan = 22.1%

B) Asset Turnover, Barco = 1.83, Kyan = 1.84

C) ROA, Barco = 44%, Kyan = 41%

D) ROE, Barco = 66%, Kyan = 61%

E) Price-Earnings Ratio, Barco = 17.12 times, Kyan = 16.67 times

F) Dividend yield, Barco = 5.1%, Kyan = 5.2%

2B) Barco is the good investment.

Explanation:

Requirement A to Requirement F - See Images Below

2B) Barco company's share is the best from the two companies. From the Return on Asset, Return on Equity, and Price-earnings ratio, it is clear that Barco company's share is an upper hand. For example, P/E ratio of Barco is 17.12 times while Kyan's P/E ratio is 16.67 times. Therefore, I would recommend Barco company's stock should be the better investment.

7 0

2 years ago

1. How much interest would you pay on a loan of $1,230 for 15 months at 15 percent APR if the interest is 18.75 per $100?

Alina [70]

1. How much interest would you pay on a loan of $1,230 for 15 months at 15 percent APR if the interest is 18.75 per $100?

The chart probably refers to interest per $100 of loan. So, the interest for a $1,230 loan would be (1230/100) * 18.75 = 230.625 ~ 230.63
So, the answer will be B $230.63.

2. Sherri borrowed $3,200 at 13 percent APR for 18 months. If she must pay 19.5 per $100, what is the total interest?
3,200 / 100 = 32 ... x 19.5 = 624
Principal x int rate x time = 3200 x .13 x 1.5 yr = 624 interest

So, the answer will be the A $624.

3. What is the total amount that Sherri (in question number 2) will repay?

The correct answer will be the $3,824.

7 0

2 years ago