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nikdorinn [45]
3 years ago
14

Which entry records the owners taking cash for personal use

Business
1 answer:
Lisa [10]3 years ago
8 0
D: Debit withdrawals; credit cash.
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8 0
3 years ago
Read 2 more answers
ABC Company is considering the acquisition of a new piece of equipment to replace an old, outdated machine currently used in its
Paraphin [41]

Answer:

NPV is -$12,960

Explanation:

Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.

In this question all the expenses are cash outflows and The cost saving is the cash inflow from the new machine investment.  

Working for the NPV is attached with the answer please find it.

7 0
3 years ago
To create a delta-neutral portfolio, an investor who has written 15,000 call options (that are currently exactly at-the-money) w
Shtirlitz [24]

To create a delta-neutral portfolio, an investor sold 15,000 call options (now exactly at the money) long 7,500

To maintain a delta-neutral position, a delta totaling -200 then: Suppose you find an at-the-money put option on Company X trading at a delta of -0.5. Buying 4 of these put options will result in a total delta of (400 x -0.5) or -200.

Gamma Neutral Portfolios are option positions that do not change delta when the underlying security moves significantly up or down. Gamma-neutrality is a process known as gamma-hedging, usually achieved by adding additional option contracts to a portfolio as opposed to the current position.

Delta Hedging is an options strategy aimed at neutralizing direction by establishing opposite long and short positions in the same underlying. By reducing directional risk, delta hedging can isolate changes in volatility for options traders.

Learn more about delta-neutral portfolio at

brainly.com/question/15738186

#SPJ4

8 0
2 years ago
Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system).
alukav5142 [94]

Answer:

Cash              27,550 debit

credit card fee 1,450 debit

               A/R              29,000 credit

--to record sales for Mastercard--

COGS   22,200 debit

   Inventory       22,200 credit

--to record cost of good sold for the previous sale--

Cash              5,664 debit

credit card fee 236 debit

               A/R              5,900 credit

--to record sales for Mastercard--

COGS   3,450 debit

   Inventory       3,450 credit

--to record cost of good sold for the previous sale--

Explanation:

The credit card charges a fee and provides cash for the firm. It removes the effort to collect from the customer.

master card fee and net proceeds:

29,000 x 5% = 1,450

net: 29,000 - 1,450  = 27,550

bank credit card fee and net proceeds:

5,900 x 4% = 236

net 5,900 - 236 = 5,664

7 0
4 years ago
A snack manufacturer realizes that he must increase the salt content of his company's chips by at least 3% in order for a sample
BlackZzzverrR [31]

Answer:

The Answer to this question is Difference threshold.

Explanation:

A difference threshold otherwise known as Just noticeable difference is the  smallest level of increase or decrease in stimulation required to sense that a change in stimulation has occurred . The concept of difference thresholds applies to different areas such as: touch, taste, sight, hearing and smell. These areas have levels that need to be met before any impact can be sensed.

Therefore referring to the question, If the snack manufacturer must increase the salt content of the chip by at least 3% so that consumers can notice the change, he is applying the concept of difference threshold.  

7 0
3 years ago
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