Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
Answer:
The answer is 5,040.
There are 5,040 different possible itineraries.
Explanation:
The number of different possible itineraries equals the number of the selection of 7 cities from a total of 7 cities where order is important.
We solve thus:





Answer:
$300 million
Explanation:
Data provided in the question
Number of shares outstanding = 20 million
Value per share = $15
So, by considering the above information, the new market cap of the company X is
= Number of shares outstanding × Value per share
= 20 million × $15 per share
= $300 million
To determine the new market cap, we simply multiplied the number of outstanding shares with the per share so that the exact value could come
Y is attempting to reach the following stakeholders through its research information:
Primary stakeholders: Primary stakeholders involve beneficiaries or the target of the efforts. These are the people who are involved in or the participants in a particular organization or they can be the residents of a particular geographical area or they can be a particular type of people community.
Secondary stakeholders: these are those people who are not directly involved but they are involved in connection to the primary stakeholders such as doctors, social workers, schools and their employees means those persons whose jobs and works get effected by the process or result of the effort.
To know more about stakeholders here:
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Answer:
Current price of bond is $1060.47
Explanation:
Coupon payment = 1000 x 8% = $80 yearly = 80/2 = $40 semiannually
Number of periods = n = 8 years x 2 periods per year = 16
Yield to maturity = 7% yearly = 7% / 2 = 3.5%
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond =$80 x [ ( 1 - ( 1 + 3.5% )^-16 ) / 3.5% ] + [ $1,000 / ( 1 + 3.5% )^16 ]
Price of the Bond = $80 x [ ( 1 - ( 1.035 )^-16 ) / 0.035 ] + [ $1,000 / ( 1.035 )^16 ]
Price of the Bond = $483.76 + $576.71
Price of the Bond = $1,060.47