I believe this would result to a debit to cash and a credit to common stock. This is because the transaction would result to an increase in cash (asset) and a decrease in stock (asset). A journal is a record used in accounting in which transactions are initially recorded in order of when they were undertaken.
Answer:
Monthly payment= $1,041.67
Explanation:
Giving the following information:
Suppose you are buying a new truck at a price of $25,000. You plan to finance your purchase with a loan you will repay over two years. The dealer offers two options: either dealer financing with 0% interest, or a $2,500 rebate on the purchase price. If you take the rebate, you will have to go to the local bank for a loan (of $22,500) at an APR of 6.5%.
Monthly payment= 25,000/24months= $1,041.67
Answer:
I think that the correct answer is b.
Answer:
Explanation:
Fixed cost per month Variable cost per well Revenue $4,700 Salaries and Wages $41,300 $1,000 Service Materials $600 Other Expenses $40,200 When the company prepared its planning budget at the beginning of May, it assumed that 29 wells would have been serviced. However, 31 wells were actually serviced during May. Prepare the Planning Budget, Flexible Budget and variance analysis for Cosden Corporation.
<u> Planning Budget Flexible budget variance- Fav/(Unfav)
</u>
Revenue 4700*29 4700*31 9400
= 136300 = 145700
Less:
Salaries and wages 41300+1000*29 41300+1000*31 (2000)
= 70300 = 72300
Service material 600*29 = 17400 600*31 = 18600 (1200)
Other expense 40200 40200 0
Profit 8400 14600 6200
Answer: See explanation
Explanation:
A foreign direct investment is simply referred to as an investment that is made by an economic entity in one country into a particular business that is been situated in another country.
A foreign portfolio investment has to do with the holding of financial assets like bonds, stocks, and cash equivalents in another country.
Based on the.abive explanation,
Buying a corporate bond in a foreign country - This is a foreign portfolio investment
Opening up a factory in a foreign country - This is a foreign direct investment.
It should also be noted that a corporation is more likely to engage in foreign direct investment while the individual can engage in the foreign portfolio investment.
