Answer:
The correct answer is A
Explanation:
Auction market is the kind or the type of the market where the buyer states the highest price and they are willing to pay. The sellers states the lowest price to which they are willing to accept or agree on.
A trade happen or occur when the seller as well as the buyer agrees or have a mutual consent for agreeing upon a price.
Therefore, the statement which is correct is that the auction markets matches the buyers and the seller orders.
Answer:
For 2020 the maximum capital loss deductible from taxable income is $3,000 and this applies when capital losses exceed capital gains.
a. Net Gain = 8,900 - 15,000
= -$6,100
Their AGI will be;
= 206,200 - 3,000
= $203,200
b. Net Gain = 2,100 - 1,720
= $380
AGI;
= 206,200 + 380
= $206,580
c. Net Gain = - 5,000 - 4,800
= -$9,800
AGI;
= 206,200 - 3,000
= $203,200
d. Net Gain = 1,500 - 5,600
= -$4,100
AGI;
= 206,200 - 3,000
= $203,200
He should go with his checking account because his savings is way more valuable
Answer:
Accounts receivable more than 60 days = $39,500
% of accounts receivable = 11.07%
Explanation:
The following table shows the aging schedule-
Customer Amount Owed ($) Age (days)
ABC $47,150 32
DEF 37,500 7
GHI 18,900 14
KLM 72,000 28
NOP 41,450 43
QRS 16,000 11
TUV 84,300 58
WXY 39,500 75
We have to develop a schedule with a 15 days incremental through 60 days. And we show which customers are falling in that category -
0-15 (DEF + GHI + QRS) = $(37,500 + 18,900 + 16,000) = $72,400
16-30 (KLM) = $72,000
31-45 (ABC + NOP) = $(47,150 + 41,450) = $88,600
46-60 (TUV) = $84,300
Over 60 (WXY) = $39,500
Accounts receivable more than 60 days = $39,500
Percentage of Accounts receivable =
= 11.07%
Answer: In order to design an ER model we have to do the following steps:
1. Identify the entities:
- Customers
- Employees
- Sales
2. Atributes:
- Customers
ID
Name
Age
Adress
Nationality
Credit limit
- Employees
ID
Name
Age
Adress
Nationality
Salary
Position
Amount of sales
- Sales
Id_Sales
Date
Invoice
Id_Product
Quantity
Unit Price
Total
Tax
Id_Customer
Id_Employees
Sales commission
3. Relationships:
- An employee can make many sales.
- Also, a customer can have many sales.
- An employee will earn a commission from a sale.
4. Primary Keys:
- ID (Customers and employees)
- Id_Sales
5. Foreign Keys:
- Id_Customers
- Id_Employees
Explanation: The Entity-Relationship Model (ER) is a basis design methodology of Data that consists in representing at a conceptual level the data that support the operation of a system.
The basic components of a MER are:
1. Entities: Represents an object with a physical existence, in this case, customers, employees and sales.
2. Attributes: Represents the caracteristics of an entity. An employee will have a name and ID, also an adress and salary.
3. Relationships: Represents the association between entities and how they work each other, for example, the posibility of the same employee making several sales.