Answer:
Explanation:
Before passing the journal entry, first, we have to compute the over and short cash balance till date. The computation is shown below:
Ending cash balance = Opening cash balance + cash sales
= $150 + $988.62
= $1,138.62
And, the cash balance is $1,125.74
So, the remaining balance is $12.88 which represent short cash balance
The journal entry is shown below:
Cash A/c Dr $975.74
Short cash A/c Dr $12.88
To Sales A/c $988.62
(Being cash count recorded)
The left balance would be debited to the cash account
Answer and Explanation:
The computation is shown below:
a. The company cost of capital is
Cost of equity = (D1 ÷ share price)+ Dividend growth rate
= ($1 ÷ $30) + 0.04
= 0.033 +0.04
= 0.0733 or 7.33%
Now
b. Cost of new equity is
= (D1 ÷ share price × (1 - flotation cost)) + Dividend growth rate
= [$1 ÷ $30 × (1 - 0.1)] + 0.04
= ($1 ÷ $30 × 0.9) + 0.04
= 1 ÷ 27 + 0.04
= 0.037 + 0.04
= 0.07704 or 7.71%
Answer:
A. service account
Explanation:
Service account is a special user account that an application or service uses to interact with the operating system. Services use the service accounts to log on and make changes to the operating system or the configuration.
Shared account is used for situations where multiple users share the same computer
System account is used by the operating system
Privileged accounts are named credentials that have been granted administrative privileges on one or more systems.
Explanation:
Hope this helps:)
Answer:
They will have $37,595.23 in mutual fund in 15 years
Explanation:
<em>Step 1: Determine the present value of savings</em>
This can be expressed as;
Present value=monthly savings×number of months in 15 years
where;
monthly savings=$50
number of months in 15 years=12×15=180 months
replacing;
Present value=50×180=$9,000
<em>Step 2: Determine the future value of savings including interest</em>
This can be expressed as;
FV=PV(1+R)^N
where;
FV=future value
PV=present value
R=annual interest rate
N=number of years
In our case;
FV=unknown
PV=$9,000
R=10%=10/100=0.1
N=15 years
replacing;
FV=9,000(1+0.1)^15
FV=9,000(1.1)^15
FV=$37,595.23
They will have $37,595.23 in mutual fund in 15 years
Answer: The correct answer is "a. Review sites."
Explanation: Review sites are those websites where users can provide their opinion through a brief review or a score on a particular product or service. This tool provides information to potential new customers about the quality of the product or service they are looking for, it also serves the producers of goods or services to know how they can improve.
