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1 year ago

(05.02 MC)

1 answer:

6 0

The correct option is A. Revenue accounts include the sales accounts after deducting all the expenses from sales accounts a credit balance of $1,415.00 is shown in the revenue and expense account.

What is Revenue Expenditure?

Revenue Expenditure is such expenditure that is incurred during the normal course of business by the company that generally benefits from that expenditure of a year or less than a year.

Given, Sale =$3230

Advertising Expense = $765

Communication Expenses = $150

Rent = $900

Caculation of Income

Income = Sale - Expenses

= $3.230-$765-$150-$900

=$1415.00

Thus, after calculating the Income summary is shown a credit balance of $1415.00

Learn more about Revenue Expenditure here:

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You are bullish on Telecom stock. The current market price is $48 per share, and you have $9,600 of your own to invest. You borr

Gekata [30.6K]

Answer: 7%

Explanation:

The following can be deduced.from the question:

Loan amount = $9,600

Equity = $9,600

Market price = $48 per share

Total investment = $19,200

Growth of Investment = 5%.

We then calculate value of the investment in a year. This.will be:

= 19,200 × 1.05

= $20,160

Interest on the loan would be:

= $9,600 * 0.03

= $288

Therefore, rate of return will be:

= (20,160 - 9,600 - 288)/9,600 - 1

= 0.07 = 7%

8 0

3 years ago

I have been working on a Elementary Spanish 1 assignment for about 30 minutes, and I am now stuck. Can you please help me with t

Leya [2.2K]

These are OK

1. ¿Cuántos estudiantes hablan español?

Veinte estudiantes hablan español.

2. ¿A qué hora es la clase de sociología?

La clase es a las cinco

4. ¿Qué cursos tomas?

Estoy tomando historía, español, y arte

Now these need correction:

3. ¿Trabajas ustedes mañana? This is common, "ustedes" is plural "you" , singular "you" is "tu", and when the verb is conjugated there is no need of the personal pronoun, a correct version of this question would be "¿Trabajas mañana?

No, no trabajas mañana. Trabaja sábado. "trabajas" is conjugated in second person, you should answer in first person "No, no trabajo mañana, trabajo el sabado"

5. ¿Estudias? I dont know what you mean by this, in english is: "study?" if you are asking "are you studying for you examns?" or something like that it would be "¿estas estudiando?"

¿Estudias...?? And the answer would be "Si,estoy estudiando mucho" - "Yes, I'm studying hard"

7. ¿Hay? The same as before this means "is there...?" you might ask "is there a coffee shop in campus?" and in spanish "hay cafeterias en el campus?"

¿Hay....???? And the answer here is "yes, there are" => "si, hay"

8. ¿Dónde está? Where is...? is this question, you might ask "where is the coffee shop?", "donde está la cafeteria?"

¿Donde esta???? "La cafeteria esta en la esquina" => "The coffee shop is the corner"

4 0

3 years ago

Suppose your friend earned wages of $93,260, received $1340 in interest from a savings account, and contributed $6300 to a tax-

Kruka [31]

Answer:

Gross Income:

= Earned wages + Interest from savings + Interest on home mortgage

= 93,260 + 1,340 + 4,500

= $99,100

Adjusted gross income:

= Gross income - Tax deferred plan - State taxes

= 99,100 - 6,300 - 1,359

= $91,441

Taxable income

= Adjusted gross income - Personal exemption - Standard deduction - Charity contribution

= 91,441 - 3,500 - 7,800 - 2,500

= $77,641

5 0

3 years ago

This marketing strategy involves marketing products that are similar to ones already on the market and are in-line with cultural

kari74 [83]

Answer:

B, Cultural congruence

Explanation:

Cultural congruence is a kind of marketing technique/strategy in which a new product with similar characteristics as with the currently existing product is marketed. This technique of marketing helps to reduce resistance as consumers see the new product as the same as the existing product.

I hope this helps.

6 0

3 years ago

On December 31, 2021, Interlink Communications issued 6% stated rate bonds with a face amount of $119 million. The bonds mature

Tamiku [17]

Answer:

Price of the bond is $104,236,860.

Explanation:

Given:

Coupon rate is 6% or 0.06

Face value = $119,000,000

Coupon payment each year = 0.06×119,000,000

= $7,140,000

Yield to maturity = 7% or 0.007

Maturity period = 30 years

Price of bond = Present value of face value + present value of coupon payment (annuity)

Price of bond = $119,000,000_{(PV\ 30,0.07)} + 7,140,000_{(PVA\ 30,0.07)}$

PV of $1 for 7%,30 periods = 0.1314

PVA of $1 for 7%,30 periods = 12.409

Substitute the values in above formula:

Price of bond = (119,000,000 × 0.1314) + (7,140,000 × 12.409)

= 15,636,600 + 88,600,260

= $104,236,860

There will be slight difference in final answer as present value table is used. Excel spreadsheet gives an accurate answer.

So, price of bond is $104,236,860

8 0

3 years ago