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1 year ago

At 90 days past due what happens to all cardholder accounts associated with a managing account?

Business

1 answer:

maria [59]1 year ago

8 0

All were automatically suspended.

<h3>Which of the following is a cardholder responsibility in a Government wide commercial purchase card program?</h3>

The Cardholder is responsible for the following:

Completing all required training prior to being issued a Purchase Card.
Purchasing goods or services in accordance with established Department policy, procurement regulations, and individual internal office procedures.

<h3>Which of the following is an appropriate circumstance for using a convenience check? </h3>

A purchase exceeds the micro purchase threshold.

<h3>To learn more about cardholder visit here:</h3><h3 /><h3>brainly.com/question/4671864</h3><h3 /><h3>#SPJ4</h3>

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A company began the year with assets of $117,000, liabilities of $28,500, and stockholders' equity of $88,500. During the year a

algol [13]

Answer:

Change in liabilities = $33,300

Explanation

<em>According to the accounting equation, assets is equal to liabilities + equity. And this equation can be re-written as:</em>

Liabilities = assets - equity

Liabilities at the end of the period = assets at the end - equity at the end

Assets at the end= 117,000 + 56,700= 173,700

Equity at the end = 88,500 + 23,400 = 111,900

Liabilities at the end = 173,700 - 111,900=61800

Change in liabilities = Liabilities at the end - Liabilities at the beginning

Change in liabilities = 61,800 - 28,500= $33,300

8 0

2 years ago

Who is most likely to benefit when the Canadian dollar depreciates against the euro? A. Foreign sellers to Canadian buyers B. Ca

mariarad [96]

Answer:

Explanation:

When the Canadian dollar depreciates against the euro, the value of the Canadian dollar falls relative to the Euro.

For example, the exchange rate before the depreciation is 40 Canadian dollar / Euro. After the depreciation, it is 80 Canadian dollars / Euro.

Goods become more expensive for Canadian buyers of foreign goods. For example, a foreign good costs 160 Euros. Before the depreciation the good would cost (160 x 40) = 6400 Canadian dollars. After the depreciation, it would cost, 12,800 Canadian dollars.

Canadian sellers to foreign buyers don't benefit from the depreciation. Assume a local good costs 40 Canadian dollars. foreigners would pay 1 Euro for the good before depreciation. After depreciation, foreigners would pay 0.5 Euros for the good

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3 years ago

Pharoah Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,600 Purchase of treas

Alla [95]

Answer:

See below

Explanation:

The computation of net cash provided is seen below

Proceeds from issuance of common stock

147,900

Less:

Purchase of treasury stock

($40,100)

Less:

Dividend payment

($89,600)

Less:

Retirement of bonds

($110,000)

Cash flow used by financing activities

($91,800)

3 0

3 years ago

If Canadian Dollar (CAD) = 14.46 Mexican Peso (MXP) and 1 MXP = .07 CAD, how much would a Canadian tourist pay in CAD for a hote

disa [49]

Answer:

A. 70

Explanation:

1000/0.07=70

6 0

2 years ago

In January 2020, the management of Sheridan Company concludes that it has sufficient cash to permit some short-term investments

monitta

Answer:

Sheridan Company

Adjusting Entries for reporting fair values of investments:

December 31, 2020:

Debit Investment in Muninger $333

Credit Unrealized Gains on Investment $333

To record the fair value of common stock investment.

Debit Unrealized Loss on Investment $700

Credit Investment in Tatman $700

To record the fair value of common stock investment.

Explanation:

a) Feb. 1, Muniger Common Stock 500 shares at $55 for $27,500

August 1, Sold 167 shares at $65 for $10,855

December 31 Remaining at fair value, 333 shares at $56 for $18,648

Fair Value Gain = $1 x 333 shares = $333

b) Tatman Common Stock 700 shares for $17,500

March 1, Common Stock 700 shares at $25 for $17,500

December 31, Remaining at fair value, 700 shares at $24 for $16,800

Fair Value Loss = $1 x 700 = $700

c) Trading Investments are held for short-term purposes to take advantage of dividends and changes in the market price of the investments. These securities are accounted for at fair value. The requirement is that at the end of the accounting period, the fair value is determined and used to value the investment. Unrealized Gains or Losses are recorded, depending on their fair values. The gains or losses become realized when the investments are sold.

7 0

3 years ago