A check is a special type of certificate of deposit. a. True b. False

Liz trespasses on mega corporation's property. through the use of reasonable force, mega's security guard ned detains liz until

irina1246 [14]

Mega is likely liable for trespassing. It is because when an individual trespass on someone else’s property without the owner’s consent, the individual who had trespass would likely be liable or detained for trespassing on someone else’s property and can be charged based on the law.

3 0

3 years ago

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g Required information [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized

sweet [91]

Answer:

Please see details below:

Explanation:

Sales $16.540

Salaries Expenses -$7.740

Miscellaneous Expenses -$5.820

Net Income $2.980

Dividends 2.830

Retained Earnings $150.

Balance Sheets

Assets

Cash $8.990

Accounts Receivable $16.540

Equipment $22.590

Land $45.980

TOTAL ASSETS $94.100

Liabilities

Accounts Payable $9.170

TOTAL LIABILITIES 9.170

Equity

Common Stock $84.780

Retained Earnings $ 150

TOTAL EQUITY 84.930

6 0

3 years ago

During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as foll

Murrr4er [49]

Answer:

Net Sales $2720

Explanation:

Hancock Corporation

Jan 6: Sales $ 1500

Add Jan 6 Sales $ 850

Less Jan 14 Sales Discount $ 30 ( 2% of $ 1500)

Add Feb 28: Sales $ 400

Net Sales $2720

Only a 2% discount is given on the cash received on Jan 14 on the sales made on JAn 6 to S. Green because the cash is received within the first ten days of sales made. The cash received on Feb 2 is not given the sales discount as it is received after ten days of the sales made. That is sales were done on Jan 6 to M. Munoz. with the terms 2/10, n/30 meaning discount will be given within the first ten days . But as the payment was on Feb 2 almost 17 days later the discount is not given.

The term 2/10 n/30 means a two percent discount will be given if sales were paid within the first ten days. So a discount is given to S. Green but not M. Munoz as payment is done after 10 days.

6 0

3 years ago

In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures to a market

vampirchik [111]

Answer:

$5,412,000

Explanation:

The semi annual interest = $20

Periods (n) till maturity are 10*2 = 20

Discounting rate is 12%/2 = 6%

Principal amount is $1,000

Market Value = 20 * PVIFA (20,6%) + 1,000 * PVIF (20,6%)

Market Value = 20 * 11.4699 + 1,000 * 0.3118

Market Value = 229.398 + 311.8

Market Value = 541.198

Market value = $541.20

Number of bonds = 10,000,000/1,000

Number of bonds = 10,000

Current market value = Number of bonds * Market value

Current market value = 10,000 * 541.20

Current market value = $5,412,000

8 0

3 years ago

True or False: The Law of One Price states that in competitive markets free of transportation costs and barriers to trade (such

sukhopar [10]

Answer:

It is False

The law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold in different.

4 0

3 years ago

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