If you write "for deposit only" on the back of a check made out to u and then sign your name , the check the check can only be desposted to your account , this is called restrictive indorsement and it should prevent you or any other person from cashing the check
Answer:
107.07
Explanation:
Calculation for What is its gross rent multiplier
Gross rent multiplier= Income Property value/income property generated per month
Let plug in the formula
Gross rent multiplier= $985,000/$9,200 per month
Gross rent multiplier=107.07
Therefore its gross rent multiplier will be 107.07
Answer and Explanation
Given:
Accounts receivable balance = $598,000
Percentage of receivables that are uncollectible = 5% or 0.05
Uncollectible receivables = 0.05 × 598,000 = $29,900
Adjusting journal entry to record bad debt expense is:
Particulars Debit Credit
Bad debts expense XXXXX
Allowance for doubtful debts XXXXX
(Being bad debts incurred)
Noe, Allowance for doubtful debts has a credit balance of $4,800.
Bad debt incurred = 29,900 - 4,800 = $25,100
So adjusting entry :
Particulars Debit Credit
Bad debts expense $25,100
Allowance for doubtful debts $25,100
(Being bad debts incurred)
Depending on the supply and demand of equity, a bond’s price can vary, thus the premium or discount price.
For example, when the interest rate falls, older bonds may become valuable because they were sold in a higher interest rate environment and therefore with a higher coupon rate. Consequently, investors holding those bonds can commend a "premium" to sell equity. On the other hand, if the interest rate rises, older bonds may become less valuable. In order to get rid of them, investors may have to sell for less, thus the "discount” price.
Bond prices are quoted as a percent of the bond’s face value, and an easy way to learn the price of a bond is simply by adding a zero to the price quoted. For instance, when you hear a bond is quoted at 99, it means the price for the bond is $990 for every $1,000 of face value. Because the bond price is below the face value, it’s said the bond is traded at a discount. On the other hand, if the bond is trading at 101, it means you will pay $1,010 to get that $1,000 face value bond.
The dividend discount model (DDM) is a procedure for valuing the price of a stock by using the predicted dividends and discounting them back to the present value. If the value obtained from the DDM is higher than what the shares are currently trading at, then the stock is undervalued.
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