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4 years ago

Answer fast how can you become a millionaire

Business

1 answer:

juin [17]4 years ago

5 0

Answer:

Millionaires suggest several paths to building your wealth and becoming a millionaire. ... You should work to make more money so that you can invest more. Saving is also a great way to become a millionaire. In other words, when you earn money, put it in a savings, retirement or some other investment account.

Explanation:

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Identify the main source areas and explain two key push factors associated with the early twentieth-century peaks. Discuss how c

VikaD [51]

Explanation:

Southern and Eastern Europe became the major spring regions. Some of the big driving forces is the World War I, primarily in Europe, which enabled immigrants to join the United States. The economic conditions were another significant consideration as the prospects for jobs in the war declined.

As reported, when migrants went to the USA, there were many possibilities for jobs. The American automotive industry celebrated of the first World War. War-time goods have been pursued, and America has become one of Britain's major food producers, and has provided refugees a wide range of jobs.

3 0

3 years ago

Selected financial information for Feemster Company for 2012 follows. Sales $ 2,000,000 Cost of goods sold 1,400,000 Merchandise

olganol [36]

Answer:

The merchandise inventory turnover during 2012 is 8 times.

Explanation:

The following information is given:

Sales - $ 2,000,000

Cost of goods sold - $1,400,000

Merchandise inventory Beginning of year - $ 155,000

Merchandise inventory End of year - $ 195,000

After considering these information, it is easy to calculate the merchandise inventory turnover. The formula is shown below:

Merchandise Inventory Turnover = COGS ÷ Average inventory

where average inventory = (opening inventory + ending inventory) ÷ 2

So,

Average inventory = ( $ 155,000 + $ 195,000) ÷ 2

= $175,000

Now, we can compute easily

Merchandise Inventory Turnover = 1,400,000 ÷ $175,000

= 8 times

Thus, the merchandise inventory turnover during 2012 is 8 times.

3 0

3 years ago

Andrea uses a rake to move a pile of leaves. The rake is being used as a _____ lever. First-class second-class third-class

laila [671]

The answer to your question is Third Class.

8 0

3 years ago

Read 2 more answers

Use the following example to answer the questions that follow: Imagine that you deposit $25,000 in currency (which you had been

Anon25 [30]

Answer:

Money available for loans is $18,750

Explanation:

The formula for calculating the total amount of money a bank can loan is:

money available for loans = (1 - required reserve ratio) x total deposits

money available for loans = (1 - 25%) x $25,000 = 75% x $25,000 = $18,750

7 0

4 years ago

Celine Dion Company issued $600,000 of 10%, 20-year bonds on January 1, 2020, at 102. Interest is payable semiannually on July 1

anzhelika [568]

Answer:

The Journal entries are as follows:

(a) On January 1, 2020

Cash A/c(6,000 bonds × $102) Dr. $612,000

To Bonds payable $600,000

To premium on bonds payable $12,000

(To record the issuance of the bonds)

Workings:

premium on bonds payable = $612,000 - $600,000

= $12,000

(b) On July 1, 2020

Interest expense A/c Dr. $29,700

Premium on bonds payable A/c Dr. $300

To cash A/c $30,000

(To record the interest expense)

Workings:

Cash = $600,000 × (6/12) × 10%

= $30,000

Premium on bonds payable = $12,000 ÷ 40 periods

= $300

Interest expense A/c Dr. $29,700

Premium on bonds payable A/c Dr. $300

To Interest payable A/c $30,000

(To record the accrual of interest expense)

8 0

3 years ago