1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
avanturin [10]
3 years ago
11

If you purchase or obtain a vehicle from someone else, you are responsible for transferring ownership of the vehicle to your nam

e with the dmv within how many days of the purchase?
Business
1 answer:
SOVA2 [1]3 years ago
4 0
5 days, but it depends on rules of where you are. It can be 10, or maybe even as high as 90.
You might be interested in
TYR just announced yesterday that its fourth-quarter earnings will be 35% lower than last year's fourth quarter. You observe tha
makkiz [27]

Answer: Investors expected the earnings increase to be smaller than what was actually announced.

Explanation:

Abnormal return on an asset such as stock refers to the difference between actual returns and expected returns. As such, if it is positive, that would mean that the actual returns are/ will be higher than the expected/anticipated returns.

TYR had an abnormal return of 3.7% which would mean that the the 35% lower fourth-quarter earnings was higher than investors expected from TYR.

4 0
3 years ago
Patrick Rach International issued 5% bonds convertible into shares of the company's common stock. Rach applies U.S. GAAP. Upon i
Ludmilka [50]

Answer:

The correct answer is letter "B": The proceeds of the bond issue entirely as debt.

Explanation:

Under the U.S. General Accepted Accounting Principles (<em>GAAP</em>) the issuance costs of bonds are ignored for reporting purposes but the amount of sales revenues is recorded as debt. The amortization of the bond can be calculated using the <em>effective interest method</em> or the <em>straight-line method</em>.

6 0
3 years ago
What would be the double entry for an issue of indirect production materials? Select one: a. Dr Material control account Cr Fini
sattari [20]

Answer:

b. Dr Production overhead control a/c Cr Material control account.

Explanation:

Indirect material in the production process is defined as those input that cannot be directly traced to the product. They are different from direct materials like raw materials that are used to make the product.

Indirect materials are classified as overhead.

The double entry for issue of indirect materials is:

Debit production overhead

Credit raw materials inventory (material control account)

Note direct production materials and indirect production materials are credited to material material control account on purchase.

4 0
3 years ago
Grayhawk Company reported net credit sales of $588,000 for the year ending December 31, 2019. On January 1, 2019, the Allowance
Sever21 [200]

Answer:

D) $8,040

Explanation:

<u>Credit Sales Method:</u>

Bad Debt Losses = 3% of Credit Sales

Bad Debt Losses = 0.03 x $588,000

Bad Debt Losses = $17,640

<u>Adjusted balance in the Allowance for Doubtful Accounts:</u>

Bad Debt Losses - (uncollectible accounts receivable - Allowance for Doubtful Accounts)

$17,640 - ($24,000 - $14,400)

$17,640 - $9,600

$8,040

5 0
3 years ago
TRUE OR FALSE ? WHY ? HELP ME
nikdorinn [45]

7. True

8. False

9. False

Must click thanks and mark brainliest

Sorry if wrong.

6 0
2 years ago
Other questions:
  • Jorge is considering an investment that will pay $4,650 a year for five years, starting one year from today. What is the maximum
    9·1 answer
  • A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units)
    10·1 answer
  • What is your overall evaluation of mondelēz international's corporate strategy and restructuring since 2012? what evidence and/o
    10·1 answer
  • When previously declared cash dividends on common stock are paid which account would the corporation debit?
    6·1 answer
  • What important technology has done the most to allow small businesses a chance to compete with l
    6·1 answer
  • Noland Company manufactures two models of its banjo, the Basic and the Luxury. The Basic model requires 10000 direct labor hours
    13·1 answer
  • Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the l
    12·1 answer
  • You received $50 as a birthday gift and chose to spend it on new wallpaper for your room. The opportunity
    13·1 answer
  • Franchising is a contractual agreement between a firm, the franchisor, and another firm or individual, known as the ______.
    11·1 answer
  • ________ are a form of tax and spending rules that can affect aggregate demand in the economy without any changes in legislation
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!