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3 years ago

If i am medically retired from the military do i still receive va disability pay

1 answer:

6 0

If you have a VA service-connected disability rating of 10% or higher, you are eligible to receive a monthly compensation check from the VA. The monthly compensation payments vary by your disability rating—and if your rating is 30% or higher—the rates are increased, depending number of dependents you have filed on your claim.

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Mar. 29 Received a $30,000, 60-day, 5% note dated March 29 from Karie Platt on account.

dolphi86 [110]

Answer:

Explanation:

Date Description Post. Ref. Debit Credit Assets Liabilities Equity

1 Mar.29 Notes receivable 30000 30000

2 Accounts receivable-Karie Platt 30000 -30000

3 Apr.30 Notes receivable 24000 24000

4 Accounts receivable-Jon Kelly 24000 -24000

5 May.28 Accounts receivable-Karie Platt 30250 30250

6 Notes receivable 30000 -30000

7 Income Summary ($30000 x 5% x 60/360) 250 250

8 Jun.29 Accounts receivable-Jon Kelly 24320 24320

9 Notes receivable 24000 -24000

10 Income Summary ($24000 x 8% x 60/360) 320 320

11 Aug.26 Cash 30855 30855

12 Accounts receivable-Karie Platt 30250 -30250

13 Income Summary ($30250 x 8% x 90/360) 605 605

14 Oct.22 Allowance for Doubtful Accounts 24320 24320

15 Accounts receivable-Jon Kelly 24320 -24320

163745 163745 1175 0 1175

5 0

4 years ago

35. The interest rate charged by large banks in London to lend money among themselves is called _________. A. the prime rate B.

GREYUIT [131]

Answer:

The correct option is D

Explanation:

LIBOR termed as London Interbank Offered Rate, which is the rate of interest at which the major banks globally lend to another bank in the international market for the loans which are short- term in nature.

LIBOR, serves or states as the accepted key interest rate globally , which states the cost of borrowing among the banks.

Therefore, LIBOR, is the term which is the interest rate charged by banks in London to lend money among themselves.

7 0

3 years ago

Rossini Company has budgeted production for next year as follows:Quarter First Second Third FourthUnits to be sold 53,400 80,200

Yuri [45]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Rossini Company has budgeted production for next year as follows: Quarter First Second Third FourthUnits to be sold 53,400 80,200 94,000

At the end of each quarter, Rossini would like to have an inventory equal to 10% of the sales units of the next quarter.

Production:

2nd Quarter= 80,200

Ending inventory= (94,000*0.10)= 9,400

Beginning inventory= (80,200*0.10)= 8,020 (-)

Total= 81,580 units

3 0

4 years ago

Oberon buys a Pro Club Health & Fitness, Inc., franchise, which the franchisor later terminates. In determining whether the

Lynna [10]

Answer:

balance the rights of both parties

Explanation:

Based on the information provided within the question it can be said that in a situation like the one being described a court will generally balance the rights of both parties. This is done in order to make sure that both parties are being treated fairly and investigate both sides of the case before making a decision in regards to who is in the right and who is in the wrong.

6 0

3 years ago

Cost of goods sold $500,000 Average inventory 62,500 Determine (a) the inventory turnover and (b) the number of days' sales in i

nadya68 [22]

Answer:

(a) 8 times

(b) 45.6 days

Explanation:

Given that,

Cost of goods sold = $500,000

Average inventory = $62,500

Assume 365 days a year.

(a) Inventory turnover ratio:

= Cost of goods sold ÷ Average inventory

= $500,000 ÷ $62,500

= 8 times

(b) Number of days' sales in inventory days:

= 365 days ÷ Inventory turnover ratio

= 365 days ÷ 8

= 45.6 days

8 0

4 years ago