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LekaFEV [45]
2 years ago
7

on june 30, the company lends it chief financial officer $44,000; principal and interest 7% are due in on one year. what journal

entries will be used
Business
1 answer:
julsineya [31]2 years ago
8 0
A because only real one
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Suppose an economy is initially operating at long-run equilibrium when there is an increase in consumer optimism about the econo
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The correct option is Increase and Decrease respectively

Explanation:

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3 years ago
A company reports the following information for the year: Net credit sales $ 120,000 Average accounts receivable 20,000 Cash col
Alborosie

Answer:

receivable turnover ration = 6

Explanation:

credit sales = 120000

Credit sales =As we know that: Receivables turnover ration = Net credit sales /Average account receivable.

                                 =    120000/ 20000

                                 = 6.

it indicates that company convert its receivable to cash 6 times that year.

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3 years ago
Ivy orally agrees to buy a unique collection of sports memorabilia for $10,000 from Jess and sends $2,500 as an initial payment.
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Answer:

D. specific performance.

Explanation:

Specific performance -

It is the act or the order by the court , in order to solve an any conflict for the law of contract .

This is basically used to solve any issue related to land , property or any goods or services , this practice is used in case of any personal service .

It helps the people to against any form of injustice or malpractice .

It is a form of forced action , which helps with some previous transaction , and is one of the best remedy for the problem .

6 0
3 years ago
Select the correct answer. who makes decisions regarding changes in the discount rate? a. the president b. the board of governor
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The correct answer is option B.

The board of governors make decisions regarding changes in the discount rate.

<h3><u>What is board of governors?</u></h3>
  • The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C.
  • It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
  • In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run.
  • The FOMC, the section of the Federal Reserve that determines monetary policy, includes all of the Board members.
  • The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.

When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.

Know more about board of governors with the help of the given link:

brainly.com/question/3935458

#SPJ4

5 0
1 year ago
Trevor gets a haircut before his interview. He wears his best suit to the interview. Walking into the room, he says hello, looks
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Answer:

b. his eye contact.

Explanation:

Eye contact defines that it occurs when two people look at each other at the same time. It is a part of non-verbal communication when two people look at each other and thus its impact on social behavior.

Now, According to the given situation, Trevor gets a haircut and he dressed well for the interview. He is entering into the room of interview, wished and shake his hand to the interviewer after looking into his hand. Here, Trevor needs to improve his eye contact with their skills and abilities at the time of the interview.

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3 years ago
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