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Sauron [17]
3 years ago
12

McGregor allows customers to pay with credit cards. the credit card company charges 3% of the sale. when a customer uses a credi

t card to pay McGregor $200 for services provided, McGregor would:
A. Debit cash for $200
B. Credit service revenue for $194
C. Debit service fee expense for $6
D. Credit service revenue for $206
Business
1 answer:
Andru [333]3 years ago
8 0
D. Credit service revenue for $206
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David saves money from his teaching job to buy a new boat when he retires in 20 years. The boat will cost $30,000. He has $12,00
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Answer:

True

Explanation:

The main advantage of a compound interest account is that the interest that you earn also earns interest, so the total amount of earned interest increases.

For example, a $10,000 account earning simple interest at a 4% rate will earn $4,000 in ten years. While the same amount in a compound interest account will earn $4,802.

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What is an apprenticeship?
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A company issues $16200000, 5.8%, 20-year bonds to yield 6% on January 1, 2020. Interest is paid on June 30 and December 31. The
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Answer:

The amount of interest expense which will be recognized in 2020 is $949,681.45.

Explanation:

The following are given in the question:

Bond value = $16200000

Bond interest rate = 5.8%

Proceed from bond = $15825541

Yield rate = 6%

The amount of interest expense which will be recognized in 2020 can now be calculated as follows:

Interest expense for January 1, 2020 to June 30, 2020 = Proceed from bond * Yield rate * (6 / 12) = $15825541 * 6% * (6 / 12) = $474,766.23

Discount amortized during first 6 months = Interest expense for January 1, 2020 to June 30, 2020 - (Bond value * Bond interest rate * (6 / 12)) = $474,766.23 - ($16200000 * 5.8% * (6 / 12)) = $474,766.23 - 469,800 = $4,966.23

Interest expense for July 1, 2020 to December 31, 2020 = (Proceed from bond + Discount amortized during first 6 months) * Yield rate * (6 / 12) = ($15825541 + $4,966.23) * 6% * (6 / 12) = $474,915.22

Interest expense to be recognized in 2020 = Interest expense for January 1, 2020 to June 30, 2020 + Interest expense for July 1, 2020 to December 31, 2020 = $474,766.23 + $474,915.22 = $949,681.45

Therefore, the amount of interest expense which will be recognized in 2020 is $949,681.45.

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3 years ago
A business would like to invest in a new product, but they are short on extra
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If i had to answer i would say C or D. (:
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2 years ago
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n an elimination reaction, the non-preferred geometry in which the β hydrogen and the leaving group are on the same side of the
nasty-shy [4]

Answer:

Explanation:

In an elimination reaction, the non-preferred geometry in which the β hydrogen and the leaving group are on the same side of the molecule is called syn periplanar. According to the Zaitev rule, the major product in a β-elimination has the more substituted double bond. In an E1 reaction, the rate depends on only the alkyl halide concentration. The rate of the E2 reaction increases as the strength of the base increases because the reaction is biolecular and the base appears in the rate equation. Carbocation intermediates are involved in E1 mechanisms. Polar aprotic solvents increase the rate of the E2 reactions. Anti periplanar geometry is the preferred arrangement for any alkyl halide undergoing E2 elimination, regardless of whether it is cyclic or acyclic.

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