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3 years ago

When an owner records a credit for $650 for revenue earned but not yet recieved, the amount of the debit should be

Business

1 answer:

Maksim231197 [3]3 years ago

4 0

D.

Whenever we credit or debit a transaction, it is ALWAYS in equal amounts. No more, no less.

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An investment banking firm has been hired to roll up various partnerships into one master limited partnership. What is the compe

liq [111]

Answer:

Explanation:

Based on the industry standards and regulations, an investment banking firm or a broker-dealer canvassing the agreements from limited partners in relation to a roll-up is outrightly limited to compensation of 2% of the value of the newly created securities.

Therefore, the correct answer, in this case, is that the compensation limit for this activity is pegged at 2 percent

3 0

3 years ago

A family wishes to save for future college expenses. Which financial tool should the family invest in?

emmainna [20.7K]

Answer:

529 Plan

Explanation:

A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs.

8 0

3 years ago

Lamborghini is a classic example of Question 2 options: selective distribution exclusive distribution intensive distribution ind

Leviafan [203]

Lamborghini is a classic example of exclusive distribution.

Selective distribution is a method of product distribution where more than one distributor is present in a given area. Brands of televisions, furniture, and home appliances frequently use it.

Exclusive distribution, on the other hand, describes a distribution strategy that only uses one distributor, retailer, or wholesaler in a particular region. Designer clothing, cars, and even home appliances frequently go through exclusive distribution.

A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. A customer will almost always be able to find the merchandise wherever he travels.

The sale and transfer of a product from a producer to a wholesaler, retailer, and ultimately to the customer is known as indirect distribution.

Hence, Lamborghini is a classic example of exclusive distribution.

Learn more about distribution:

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6 0

2 years ago

l a fixed asset for $72,376 when its book value is $43,070. If your company's marginal tax rate is 25 percent, what will be the

tiny-mole [99]

Answer:

Cash flow= $64,847

Explanation:

Giving the following information:

Sellin price= $72,376

Tax rate= 25%

Book value= $43,070

First, we need to calculate the gain from the sale and the tax:

Gain= 72,376 - 43,070= $29,036

Tax= gain*tax rate

Tax= 29,036*0.25= $7,259

Now, we can calculate the after-tax cash flow:

Gain= 29,036

Tax= (7,259)

Book value= 43,070

Cash flow= $64,847

4 0

3 years ago

In 2013, Salvage Yard Inc. had cash flows from investing activities of ($250,000) and cash flows from financing activities of ($

PIT_PIT [208]

Answer:

$415,000

Explanation:

Following is the formula for cash flow:

Ending Cash Balance = CFO + CFI + CFF + Beginning Cash Balance

CFO = Cash flow from operating activities

CFI = Cash flow from investing activities

CFF = Cash flow from financing activities

We can easily rearrange the formula to find CFO

Ending Cash Balance - CFI - CFF - Beginning Cash Balance = CFO

or

CFO = Ending Cash Balance - CFI - CFF - Beginning Cash Balance

Solution

$CFO=105000-(-250000)-(-150000)-90000$

CFO = $415,000

7 0

3 years ago

Read 2 more answers