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4 years ago

Journalize the entries to record the following selected transactions.

Business

2 answers:

Inessa05 [86]4 years ago

7 0

Answer:

Please see attached

Explanation:

Please see worked out entries on the attached papers

zlopas [31]4 years ago

5 0

Answer:

Journal Entries

Dr. Cr.

Sale of Merchandise

a. Account Receivable $4,240

Sales $4,000

Sales Tax Payable $240

Cost of Goods Sold $2,360

Merchandise Inventory $2,360

b. Payment of Sales Tax

Sales tax Payable $42,110

Cash $42,110

Explanation:

Sales of Merchandise increase the account receivable and tax liability as well. Inventory has been reduced by the cost of merchandise.

Tax is paid and sales tax liability is reduced along with cash.

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Why is it important for a human resource manager to carefully maintain<br> employee records?

aleksklad [387]

Answer:

Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.

Explanation:

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3 years ago

Read 2 more answers

at the phase 3 meeting, the project manager will outline the process to . a.) transfer the deliverables into operational state a

alexandr1967 [171]

The project manager will outline how to transfer the deliverables in operational status and formally close the project at the phase 3 meeting. So, the correct option choice for this question would be option (b).

<h3>Write a short note on project management.</h3>

Project management may be regarded as the process of overseeing a team's activity to complete all project objectives within the established parameters. Usually, explanations of this information are included in the project documentation that is created at the beginning of the development process. Scope, budget and time are the three basic constraints. The other issue is how to best distribute the required inputs while still using them to accomplish predetermined objectives.

To deliver a finished product that satisfies the client's needs is the aim of project management. Modifying the client's brief to better effectively accomplish the client's aims is typically the goal of project management. Once the client's objectives are known, they should direct all other project members' decisions.

To know more about, project management, visit :

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4 0

1 year ago

The Macaulay convexity of a single cash flow is 64 at an annual effective interest rate of 10%. Calculate the modified duration

garri49 [273]

Answer:

A 7.3

Explanation:

Macaulay Convexity = 64, as about a single cash flow

Since it is a single cash flows, convexity is square the Macaulay duration of the bond.

Convexity = √Macaulay duration.

So, Macaulay duration = Convexity^(1/2)

Macaulay duration = Convexity^(0.5)

Macaulay duration = 64^0.5

Macaulay duration = 8

So, the Macaulay duration = 8 years

Now, Modified duration = Macaulay duration/(1+yield)

Modified duration = 8/(1+0.1)

Modified duration = 8/1.1

Modified duration = 7.27273

Modified duration = 7.3 years

5 0

3 years ago

T-bills currently yield 4.8 percent. Stock in Nina Manufacturing is currently selling for $85 per share. There is no possibility

slega [8]

Answer:

The correct answer is $18.206.

Explanation:

The yield percentage is given as 4.8%.

The stock price is given as $85.

The exercise price of the call option is given as $70.

Value of the call option will be

= Stock price- present value of the exercise price

= $85-\frac{70}{1+0.048}$

= $85 - $66.79

= $18.206

So, the value of call option is $18.206.

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3 years ago

New sources of silicon are located in wyoming. the determinant causing the shift in this scenario is

GuDViN [60]

<span>The determinant that causing the shift is resource cost or availability.
New sources means that the companies in relevant sectors could obtain more raw silicon materials at the cheaper price.
This will lead to lower price of products offered in the market and resuled in higher amount demand of products that use the material.</span>

8 0

4 years ago