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Fantom [35]
2 years ago
8

two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this

problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder. quizlet
Business
1 answer:
Burka [1]2 years ago
3 0

Thanks For Sharing.

two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder.

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conduct a research on a successful south african entrepreneur. write an essay which you include the following: background, rise
Arada [10]

<span>One of the young and successful entrepreneur Mubarak Muyika of Kenya. AT age 20 years old, he founded Zagace Limited is a software helping companies evaluate their inventory: accounting, payroll, stock management, marketing, etc. Next is Bheki Kunene of South Africa. AT age 27, he founded Mind Trix Media providing jobs and a profit.</span>

8 0
4 years ago
Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator
makkiz [27]

Answer:

The answer is: Variable inflation is associated with high transaction costs

Explanation:

Inflation happens when the general prices in an economy rise, so the currency loses purchasing power.

When inflation rises too much (a little inflation, i.e. 1-2% is good) then both businesses and the general public will tend to have less money on their accounts and try to invest on assets that yield them a return. But when they need their money, they have to go through a series of financial transactions from non liquid assets (e.g. bonds, etc.) to liquid accounts (e.g. check account) or vice-versa.

5 0
3 years ago
The units of an item available for sale during the year were as follows: Jan. 1 Inventory 2,500 units at $5 Feb. 17 Purchase 3,3
Alenkasestr [34]

Answer:

ending inventory using FIFO = $11,700

ending inventory using LIFO = $7,500

ending inventory using average method = $9,435

Explanation:

date         item                               units             price             total

Jan. 1        beginning inv.             2,500             $5             $12,500    

Feb. 17     purchase                      3,300             $6             $19,800

July 21      purchase                     3,000             $7             $21,000

Nov. 23    purchase                      1,200             $8              $9,600

total                                              10,000                             $62,900

Dec. 31     ending inv.                   1,500                              

ending inventory using FIFO = (1,200 x $8) + (300 x $7) = $11,700

ending inventory using LIFO = 1,500 x $5 = $7,500

ending inventory using average cost = 1,500 x $6.29 = $9,435

5 0
3 years ago
Consider the following transactions for Huskies Insurance Company: Equipment costing $30,000 is purchased at the beginning of th
Reika [66]

Answer:

a. Dr Depreciation expense $5,000

Cr Accumulated depreciation $5,000

b. Dr Interest receivable 750

Cr Interest revenue 750

c. Dr Unearned revenue 2,000

Cr Service revenue 2,000

Explanation:

Preparation to record the necessary adjusting entry for Huskies Insurance at its year-end of December 31.

a. Dr Depreciation expense $5,000

Cr Accumulated depreciation $5,000

(Being to adjust for Depreciation of Equipment)

b. Dr Interest receivable 750

Cr Interest revenue 750

(30,000*5%*6/12)

(Being to adjust for accrued interest)

c. Dr Unearned revenue 2,000

Cr Service revenue 2,000

(8,000*3/12)

(Being to adjust for accrued rent revenue)

6 0
3 years ago
What are the pro's and cons of the internet in a medical office
Kruka [31]
From what you are saying, you are asking the pros and cons of having internet in a medical office and not using the internet for medical advice. But here are really the only reasons that I can think of:

Pros:

1. The internet can help people stay connected. Having internet allows the office to contact others such as other medical offices or simply customers.

2. Being connected to the internet allows the office to store/connect to public storages/databases such as a cloud which provides for organization and space int he office.

Cons:

1. The internet can be used as a distraction which would allow employees to go on the internet for personal use such as computer games or social media.

2. Being connected to the internet brings about a much larger risk of being hacked since medical offices are connected to databases which contains consumer information, it will be a target for hackers. If you look up "Medical record hacks" you will find articles explaining this problem.

This is about all the information that I can give. If there is anything else that I can do, ring me up :) 
8 0
3 years ago
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