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neonofarm [45]
1 year ago
12

For billing and collection purposes, companies keep a separate accounts receivable account for each customer called a ______ acc

ount. Multiple choice question. subsidized general temporal subsidiary temporary
Business
1 answer:
Lapatulllka [165]1 year ago
6 0

A subsidiary account are the separate accounts of receivable account for each customer mostly from billing and collection purposes.

<h3>What are subsidiary account?</h3>

This refers to an account kept within a subsidiary ledger which is then summarizes into a control account in the general ledger.

Hence, it is also the separate accounts of receivable account for each customer mostly from billing and collection purposes.

Therefore, the Option D is correct.

Read more about subsidiary account

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Your friend is starting a company and wants to identify the job their product will do for people. What advice would you give the
ankoles [38]

Answer:

they should make a google doc or slides and inform them with if

8 0
2 years ago
At December 31, 2012 and 2011, Miley Corp. had 180,000 shares of common stock and 12,000 shares of 6%, $100 par value cumulative
Nuetrik [128]

Answer:

$2.5 per share

Explanation:

Earning Per share is the amount of earning for the period that allocated to each share. Normally it is calculated using common shares. The earning used in this calculation is purely the earning that is associated with the shareholders of the company. We can have this earning after deducting all the expenses and preferred dividend as well.

Formula:

Earnings per share = Net Income / Numbers of common Shares

Earnings per share = $450,000 / 180,000

Earnings per share = $2.5 per share

7 0
3 years ago
Jenna purchased 500 shares of XYZ stock for $10 per share. The stock paid the following dividends: Year 1: $0.25 per share Year
aleksley [76]

Based on the price of the stock and the dividend over the years, the time-weighted return of XYZ stock is 16.83%.

<h3>What is the time-weighted return of XYZ stock?</h3><h3 />

In this case, the Time weighted return can will be the same as the IRR so the IRR function on a spreadsheet can be used to find the return.

Year 0 return = -$10 per share

Year 1 = $0.25

Year 2 = $0.27

Year 3 = (0.29 + 15) = $15.29.

Time weighted return will be 16.83% as shown in the attachment.

Find out more on Weighted return at brainly.com/question/15885163.

8 0
1 year ago
Global market has decided to increase its market share by hiring a marketing rep to visit businesses in the area and invite thei
Doss [256]

In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.

<h3>What is communication strategy?</h3>

A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.

Hence, the significance of communication strategy is aforementioned.

Learn more about communication strategy here:

brainly.com/question/13363001

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3 0
1 year ago
find the future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate
max2010maxim [7]

The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

<h3>What is Compounding?</h3>

Compounding is the method through which interest is added to both the principle balance already in place and the interest that has already been paid. Thus, compounding can be thought of as interest on interest, with the result that returns on interest are magnified over time, or the so-called "magic of compounding." After a year, you would receive $10 in interest if you deposited $1,000 into an account with a 1% annual interest rate. Compound interest allowed you to earn 1 percent on $1,010 in Year Two, which amounted to $10.10 in interest payments for the year.

Hence, The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

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7 0
1 year ago
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