1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xz_007 [3.2K]
4 years ago
6

The first and most important step in the posting procedure is A. posting the amount. B. posting the date. C. posting the explana

tion. D. recording the posting reference information.
Business
1 answer:
Zarrin [17]4 years ago
3 0
The answer is B. Posting the date.
You might be interested in
Karen and Mike currently insure their cars with separate companies, paying $400 and $600 a year. If they insured both cars with
Papessa [141]

Answer:

$1,720

Explanation:

Total annual premium for both Karen and Mike = $400 + $600 = $1,000

If they insured both cars with the same company, they would save 15% on the annual premiums -> the annual saving = 15% * $1,000 = $150

We use formula FV to calculate the future value of annual payment:

= FV(rate, number of payment, - payment) = FV(3%,10,-150) = $1,720

4 0
3 years ago
What is activity based costing?
netineya [11]
The activities in an organization, who gives all of the costs and restocks all the products they sell by the amount of consumption any specific product has
3 0
3 years ago
Consider the following:
Vesna [10]

Answer:

both activities would consider direct investment

3 0
3 years ago
Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for
Salsk061 [2.6K]

Answer:

$256,571

Explanation:

College Graduation fee for four years in the present value

PV = $20,000 x 4 = $80,000

As historically the fee has risen by 6% we need to find future value when the baby will be 20 years old by using future value formula

Let's say

FV = Future value

PV = Present value

n   = number of years

i     = Interest

Workings

FV = PV x ((1+growth rate)^n)

FV = $80,000 x ( (1+0.06)^20)

FV = $256,571

As the bank interest rate is 8% the saving need to be deposited annualy can be calculated as

Savings = (FV x i) /  ((1+i)^n)-1)

Savings = ($256,571 x 0.08) / ((1+0.08)^20)-1)

Savings = 20,525.68 / 3.66

Savings = $5,608

7 0
3 years ago
When retailers allow a vendor to sell products on consignment, they:?
umka2103 [35]
Sponser? i think its that sorry if its not

8 0
4 years ago
Other questions:
  • According to the specifc components designed for effective salesperson follow-up, ___________ refers to the salesperson applying
    11·1 answer
  • Your money will grow or compound​ ________ as the number of compounding periods per year becomes​ ________.
    9·1 answer
  • With recent reports of identity theft, Mr. Adams, the CEO of a construction company, is concerned about his employees' privacy,
    9·1 answer
  • Quartz Instruments had Retained Earnings of $150,000 at December 31, 2018. Net income for 2019 was $95,000, and dividends for 20
    15·1 answer
  • An entrepreneur is considering opening a coffee shop in downtown Cookeville. The building that he is considering will have a mon
    15·1 answer
  • If you’re tired of managing a large number of work utilities to perform specialized tasks outside the office, it might be worth
    12·2 answers
  • An automotive​ manufacturer, Aminus−2 ​Auto, provides maintenance services to Mako. In​ exchange, Aminus−2 Auto received 500500
    5·1 answer
  • Difference between bryophytes and pteridophytes​
    14·1 answer
  • Bob manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of ti
    12·1 answer
  • Which famously frugal fast-food item saw an 11% price increase?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!