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1 year ago

allen is recording payroll that was processed outside. which quickbooks function would be most useful?

Business

1 answer:

Helen [10]1 year ago

8 0

Allen is recording payroll that was processed outside. journal entry quick books function would be most useful.

The QuickBooks accounting software suite was developed and is offered for sale by Intuit. The first version of Quicken did not function as a "double-entry" accounting program. Small and medium-sized businesses are the main target market for QuickBooks products, which were initially released in 1983. They provide on-premises accounting programs as well as cloud-based versions that collect payments from clients, manage and pay bills, and manage payroll. The inaugural QuickBooks release was the DOS version, which was built on the Quicken codebase. The Windows and Mac versions, which shared a different codebase, were built on the In-House Accountant software that Intuit had acquired. The program was preferred by small business owners who lacked fundamental accounting expertise. The program quickly accounted for up to 85% of the small business as a result.

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3 years ago

Rokhanna, Inc. issued $1,000 par value bonds with an 8% coupon. The bonds have 18 years to maturity. Market interest rates are 5

Zielflug [23.3K]

Answer:

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To calculate the price of the bond today, we will use the formula for the price of the bond. Assuming the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,

Coupon Payment (C) = 1000 * 0.08 = 80

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r or YTM = 0.054 or 5.4%

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8 0

3 years ago

Nagel Equipment has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. The T-bill rate is 4.00%, and the T-b

Natalka [10]

Answer:

11.62%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return of treasury bond + Beta × (Market rate of return - Risk-free rate of return)

= 5.25% + 0.88 × (12.50% - 5.25%)

= 5.25% + 0.88 × 7.25%

= 5.25% + 6.38%

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4 years ago

Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price

vovikov84 [41]

Answer:

d) price per unit times quantity sold

Explanation:

Total revenue refers to the total receipts generated by a firm at a given level of output sold. It is represented by:

TR = P × Q

wherein, TR = Total Revenue

P= Price per unit

Q= Units or Quantity sold

Marginal revenue refers to the addition to total revenue when an additional unit is sold.

It is expressed as;

$MR = TR_{n}\ -\ TR_{n\ -\ 1}$

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3 years ago