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Mkey [24]
3 years ago
13

If you start investing a little money now you will most likely have a lot more mone than those who start investing later on in l

ife. T/f
Business
2 answers:
Afina-wow [57]3 years ago
7 0

True, usually the earlier you invest the more money you will get later down the road.  

Dafna1 [17]3 years ago
6 0

the answer is true, because those who invest early in life will have more time to obtain more revenue and will have a bigger amount of money over time due to interest.

If this answer helped you then plz mark me the brainliest. ;)

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Cost of Goods Sold Allyson Ashley makes jet skis. During the year, Allyson manufactured 68,500 jet skis. Finished goods inventor
Nuetrik [128]

Answer:

Units sold= 63,465 units

Cost of goods sold= $114,237,000

Explanation:

Giving the following information:

Allyson manufactured 68,500 jet skis. Finished goods inventory had the following units:

January 1: 14,385

December 31: 19,420

First, we need to calculate the number of units sold:

Units sold= production of the period + beginning inventory - ending inventory

Units sold= 68,500 + 14,385 - 19,420= 63,465 units

Cost of goods sold= 63,465*1,800= $114,237,000

7 0
3 years ago
What are the steps involved in identificaton of risk analysis?
Charra [1.4K]

Answer:

the steps are

1.

2.

3.

4.

Explanation:

these are the steps because in order to get the analysis you need to go through these steps

7 0
3 years ago
Marigold Corp. self-insures its property for fire and storm damage. If the company were to obtain insurance on the property, it
DENIUS [597]

Answer:

loss on fire and storms 710,000

insurance expense zero as the firm didn't acquire any

Explanation:

Notice it state <u><em>"if the company were to obtain insurance"</em></u> Which means it currently has none insurance.

If the firm had an insurance the amount of losses would be deducted from the insurance policy but there is none so we disclosure the entire loss as a result of the period.

Hence, we should recognize the entire loss on fire and storm damage of 710,000 during the year and no insurance expense.

8 0
3 years ago
Someone who helps to teach a concept privately, or to a very small group, is a:
Annette [7]

Answer:

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8 0
2 years ago
On November 1, 2021, Aviation Training Corp. borrows $51,000 cash from Community Savings and Loan. Aviation Training signs a thr
nekit [7.7K]

Answer:

1. November 01,2021

Dr Cash 51000

Cr Notes Payable 51000

2. December 31,2021

Dr Interest expense 510

Cr Interest Payable 510

3. February 01,2022

Dr Interest expense 510

Dr Interest Payable 255

Dr Notes Payable 51000

Cr Cash 51,765

Explanation:

Preparation of to record the necessary entries

1. November 01,2021

Dr Cash 51000

Cr Notes Payable 51000

(Being to Record the issuance of note)

2. December 31,2021

Dr Interest expense 510

(51,000*6%*2/12)

Cr Interest Payable 510

(Being to record the adjustment for interest)

3. February 01,2022

Dr Interest expense 510

Dr Interest Payable 255

(51,000*6%*1/12)

Dr Notes Payable 51000

Cr Cash 51,765

(510+255+51000)

(Being to Record the repayment of the note at maturity)

6 0
2 years ago
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