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yanalaym [24]
2 years ago
11

You invested ​20,000 in two accounts paying 4% and 9% annual​ interest, respectively. if the total interest earned for the year

was 1200 how much was invested at each​ rate?
Business
1 answer:
Dvinal [7]2 years ago
5 0
In the first account he would have 30,000 and the other account would have <span>13,333.33 for each rate</span>
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On December 31, 2019 a company’s Accounts Receivable balance was $440,000. During the year the company recorded credit sales of
Semenov [28]

Answer: Option C - Assets are Overstated; No effects on liabilities: Equity is Overstated

Explanation:

When Bad debts are recorded, they will reduce the Accounts Receivable account because less money will be expected from debtors. Accounts Receivable is an asset account so it will be Overstated if bad debts are not recorded.

Equity will also be overstated because bad debts is an expense that is sent to the Income statement. If this expense is not deducted, the net income will be larger than it should be and when added to Equity it will overstate it.

6 0
3 years ago
Ortions of the financial statements for Myriad Products are provided below.
bonufazy [111]

Answer:

Net cash provided from Operating Activities $301

Explanation:

MYRIAD PRODUCTS COMPANY

Cash flow from Operating Activities:

Net Income $150

Adjustment for non cash effects:

Depreciation $84

Amortization $5

Loss on sale of land $4

Total $243

Changes in operating assets and liabilities :

Decrease in Accounts receivable $17

Decrease in Inventory $18

Increase in Accounts Payable $14

Decrease in Salaries Payable ($14)

Increase in Interest Payable $13

Increase in Income tax Payable $10

Net cash provided from Operating Activities $301

5 0
3 years ago
Macroeconomic analysis is concerned with: Group of answer choices government regulation of industry The structure of a market an
Zanzabum

Answer:

The answer is C.

Explanation:

Macroeconomics is the study of the economy as a whole, unlike microeconomics which is the study of the individual firms/markets.

Macroeconomics focuses on the standard of living, unemployment rate, inflation rate etc. and how this affects the whole economy.

Option A is wrong because it is the microeconomics and not macroeconomics that studies the market and the firm.

Option B and D are wrong because these are for microeconomics

8 0
3 years ago
According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by t
Klio2033 [76]

Answer:

A

Explanation:

The reason is that it just makes the most sense. Therefor your answer is A) According to the objective theory of​ contracts, the intent to enter into an express or​ implied-in-fact contract is judged by the​ reasonable people standard

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4 0
2 years ago
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Cerrena [4.2K]

Answer:

website

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Based on the information provided within the question it can be said that the best source of information for this scenario would be a website. Any website that provides information regarding the specs and abilities of the cameras that you are considering purchasing would provide the most helpful information in your decision buying process.

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