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seropon [69]
2 years ago
7

Alcorn Service Company was formed on January 1, 2018.

Business
1 answer:
g100num [7]2 years ago
4 0
Of smartness and identity with the 2018-2019 sequence
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Theo wants to have $40,000 for a down payment on a house five years from now. He can either deposit one lump sum today or he can
juin [17]

Answer:

$1932.37

Explanation:

To find out how much additional money he must deposit if he waits for 1 year rather than making a deposit today we need to find the difference:

Difference = Value after 1 year - Present value

We first convert the interest rate percentage by dividing interest rate value by 100

Present Value = $40 000 / (1 + 0.035)5 = $7729.47

Value after 1 year = $40 000 / (1 + 0.035)4 = $9661.81

Difference = $9661.81 - $7729.47 = $1932.37

4 0
2 years ago
Sloan Company has owned a debt securities investment during 2021 that has increased in fair value. After all closing entries for
Anuta_ua [19.1K]

Answer:

This securities investment classifies as unrealized gains, as it has to be reported in the balance sheet under shareholder equity in the Accumulated Other Comprehensive Income account.

Explanation:

Unrealized gains (or losses) only exit on paper, since the company cannot recognize the gains until it sells the securities. It is an estimate of the profits that the company can make when it sells the securities, but until it does, they cannot be included in the income statement.

4 0
2 years ago
Conduct online research to discover how to start and maintain a good credit rating throughout your life. Write a 500-word report
fiasKO [112]
They would need way more credit and more money to pay for it
4 0
2 years ago
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RFID chips: (I) are used to track goods in distribution. (II) are used to track job progress in production. (III) are used to pr
mr_godi [17]

Answer:

Explanation:

Radio Frequency Identification (RFID) is a form of wireless communication that used to uniquely identify an object, person or animal.

(1) RFID chips are used to track goods in distribution.

These chips built-in a scanner that is used to track goods in distribution. for example, logistic companies using this tool to track goods in their distribution.

(2) RFID chips are used to track job progress in production:

These chips are used in the factory to track the job progress in production. For example, in the Biscuit Factory, counting of numbers of biscuits and then wrapping into packet.

(3) RFID chips are used to provide special instruction to the operator:

These chips are used to provide special instruction to the operator working on the machine in the industry of textile, flour mills, and steel industry, etc.

(4) RFID chips can be used in inventory record keeping:

These chips are used in the scanner that tracks the inventory record. Large organizations and firms that are producing products use RFID chip built-in scanner to keep the inventory record. These scanners track inventory and submit data to a centralized system for making decisions etc.

4 0
2 years ago
Write a short paragraph describing the benefits of arriving on time to work and work-related meetings.
andrew-mc [135]
The benefits or arriving on time to work and work related meetings would be getting a chance to prove your responsibility. You could also prove the your there to work hard. You could get a raise for always being in time. You could eventually get a better job. Or made a manager
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2 years ago
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