Answer:
The journal entries are made below;
Explanation:
May 1. Account Receivable-Beijing Palace Co. Dr.$18,900
Sales Revenue Cr.$18,900
Cost of Goods Sold Dr.$11,200
Inventory Stock Cr.$11,200
Aug 30. Cash Dr.$8,000
Bad Debt Expense Dr.$10,900
A/R-Beijing Palace Co. Cr.$18,900
Dec 8. A/R Beijing Palace Dr.$10,900
Bad Debt Expense Cr.$10,900
Cash Dr.$10,900
A/R Beijing Palace Co. Cr.$10,900
Answer:
She is better off by $40,
Please kindly go through the explanation section for rest of the answers.
Explanation:
From the Question,
Grocery saving = 40%
Laptop saving = 2.5%
Absolute saving in grocery = $4
Absolute saving in Laptop =$10
Yes he should sacrifice 20 mins to save $10 since he does the same for less savings
Second case:
Since Ted is depositing money for only 6 months at 10% interest rate, he is giving up half his annual interest of (0.1*750)/2 = $37.5
Third case:
Interest accrued on student loan = 0.07*2000 = $140
Interest on credit card = $75 + (0.07*1500) = $180
She is better off by $40.
Answer:
The WACC will be 10% for average risk
below when the risk is low
and above 10% when the risk is higher than average
as the cost of capital (required return from the stockholders) will increase pushing the WACC higher
Explanation:
As the WACC is composed by the cost of debt and the cost of equity a higher risk will require a better return for the investor thus, the equity proportion that determinates the WACC will change along the project risk.
The most logical answer to me would be A, however I recommend you don’t go with my answer JUST YET because this is an educational guess. Take time to think about my answer. Sorry if it’s wrong
All transactions b. affect assets, liabilities, and/or stockholders' equity, and d. must affect both assets and stockholders' equity.
<h3>What is the accounting equation?</h3>
The accounting equation shows that assets are equal to liabilities and equity.
The implication of the accounting equation is that every transaction has at least two effects on the elements of financial statements, given their linkages.
Thus, the correct options are Options B. and D.
Learn more about the accounting equation at brainly.com/question/24401217
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