Max has 250$ because the case for a iPad is at least 20$
Answer: They are Riskless
Explanation:
People invest in Treasury bills because they are sure that they will get a return. U.S. Treasury bills are the safest securities in the world and as such investors are essentially guaranteed their money back plus little interest.
This is in contrast with stocks which can bring great returns at one point and result in massive losses in another. Since 1926 for instance, there have been events that led to massive losses in the stock market such as the Great Depression, Black Monday and the Great Recession.
Through all those, the Treasury bills still gave people returns.
One disadvantage of using a company’s tuition reimbursement program is that you may have to extend your contract with the company.
Tuition reimbursement is offered by employers as a way to pay back employees for education expenses. The people who participated still have to pay out of pocket for the courses they take. At the end of the course, the employee can get back some or all of the tuition expenses.
Answer:
Cash = $3,610,000
Explanation:
Debit: Cash ??
Debit: Bad Debt Expense $410,000
Debit: Accounts Receivables $110,000
Credit: Sales $4,130,000
- Account Receivables for the period = Closing Balance - Opening Balance
Account Receivables for the period = $760,000 - $650,000 = $110,000
- Cash = Credit Sales - Accounts Receivables for the period - Bad Debt Expense
Cash = $4,130,000 - $110,000 - $410,000
Cash = $3,610,000
