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USPshnik [31]
3 years ago
8

Which of the following statements about the admission process is FALSE?

Business
1 answer:
Lena [83]3 years ago
8 0
“it is free” is the false statement
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New Savings Bank pays 4% interest on its deposits. If you deposit $1,000 in the bank and leave it there, will it take more or le
attashe74 [19]

Explanation:

The cumulative increase in your portfolio for a 25 years is

4% annually * 25 years = 100% — if you received a basic profit (without composition).

The cash would then double.

Your capital would multiply more rapidly than it does with simple interest with compounding interest and would thus take less than 25 years to double.

8 0
3 years ago
At September ​24, 2016​, how much in total did customers owe Bullock​? How much did Bullock expect to collect and not to collect
Artemon [7]

Answer:

The question is incomplete as there were figures on which the net receivables could be computed,as a result find below complete questions and answers:

At September 24, 2016, how much in total did customers owe Bullock? How much did Bullock expect to collect and not to collect on September 24, 2016? What was the net realizable value of Bullock's receivables on September 24, 2016?

Bullock  

Balance Sheet (Excerpt, Adapted)

(In Millions of $)

                                                                                                       Sep. 24, 2016           Sep. 26, 2015

Current assets:

Cash and cash equivalents                                                                        $14,801             $19,148

Short-term marketable securities                                                               $41,936                $25,598

Accounts receivable, less allowance of $69 and $97, respectively         $15,941                 $17,758

Inventories $2,129 $2,235

Vendor non-trade receivables                                                                    $13,132               $13,906

Other current assets                                                                                   $8,243                 $15,166

Total current assets                                                                                    $102,287             $107,427

Customers owed Bullock       $$15941+$69=$1610

Bullock expected not to collect  $69

Bullock expected to collect—net realizable value  $15941

Explanation:

Bullock has already made bad debt provisions for both years as $69 and $97  respectively.In other words, these figures are the best estimates for irrecoverable debts.

6 0
3 years ago
Where can you access the sample company - Long For Successful Events?
guajiro [1.7K]

The place where you can access the sample company - Long For Successful Events is through the "icon."

In QuickBooks Online Advanced application.

  • Go to the Settings menu:
  • Then click on the Icon tab.
  • Then follow up by selecting the Sample company.

QuickBooks Online is used for many financial activities of a company, such as managing income and expenses, keeping a record of the finances of business activities.

Hence, in this case, it is concluded that the correct answer is through the company <u>icon</u> in the QuickBooks Online settings.

Learn more here: brainly.com/question/20376246

6 0
2 years ago
Patagonia donates at least 1% of profits to support environmental causes. There products are also produced under safe, fair, leg
Alchen [17]

Answer: corporate social responsibility practice

Explanation:

Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.

Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.

6 0
2 years ago
Jax Recording Studio purchased $7,800 in electronic components from Music World. Jax signed a 60-day, 8% promissory note for $7,
AveGali [126]

Answer:  Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

Explanation:

When a customer signs a promissory note in exchange for commodity then the entry to record sales is recorded by debiting notes receivable.

here,  sales = $7,800 = Debit Notes Receivable  

The entry to record the sales transaction would be

Debit Notes Receivable          7,800  

Sales(to record sales)   7,800

3 0
3 years ago
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