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Soloha48 [4]
3 years ago
10

A business maintains subsidiary accounts for each of its customers. on may 15, the business sells services on account: $2,500 to

customer j. simmons; $4,100 to customer
a. jones; and $1,300 to customer j. williams. which journal entry is needed to record this sales transaction?
Business
1 answer:
Andreyy893 years ago
7 0
A number that can be added but idk do u know because im bored and have home work and all fs so i need help im home schooled


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A firm seeking a growth strategy designed to increase sales of existing products to current​ customers, nonusers, and users of c
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The correct answer is B Market penetration

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Market penetration strategy is one of the four growth strategies and it involves focusing on selling your existing products or services into your existing markets to gain a higher market share.

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A registered representative wishes to give a speech to a group of 35 potential retail clients at a restaurant. The speech is scr
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Prior principal approval must be obtained and a copy of the speech must be retained in your firm's Office of Supervisory Jurisdiction

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Because the speech is to be givento 35 attendees, it is under the Retail Communication. Every speech should be honest and of good taste; and the speech must be informational, but far from promotional.

It is not required that the speech content has to be pre-filed with the SEC. A copy must be kept a period of f 3 years for inspection by FINRA examiners. The speech script would be kept on file in the firm's supervisory compliance office that is the Office of Supervisory Jurisdiction.

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You are responsible for implementing activities for a group of six foreign students and eight American students who are they

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The shop works two shifts per​ day, 8 hours per​ shift, 220 days per year.​ Currently, the company operates four​ machines, and
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3 years ago
You purchased an annual interest coupon bond one year ago that had six years remaining to maturity at that time. The coupon inte
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Answer:

The correct answer to the following question will be "8%".

Explanation:

The given values are:

Number of years of maturity = 5 years

Interest rate of coupon = 10%

                           = 10%×1000

                           = 100

Yield to maturity, YTM = 8%

As we know,

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒                     = \frac{100\times (1-(1+8 \ percent^{-5}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{5}}

⇒                     = 1079.85

After 1 years, we get

Price of Bond = PV of Coupons + PV of Per Value

On putting the values in the above formula, we get

⇒                     = \frac{100\times (1-(1+8 \ percent^{-4}))}{8 \ percent} +\frac{1000}{1+8 \ percent^{4}}

⇒                     = 1066.24

Now,

The total return rate = \frac{(1066.24-1079.85+100)}{1079.85}

                                   = \frac{86.39}{1079.85}

                                   = 8 \ percent

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