Answer: $1942.89
Explanation:
Since the car will cost $120,000 and it will be financed with a 84 month contract having a nominal rate of 9.20%, then the monthly payment will be:
= PMT(9.2%/12, 84, -120000)
This will be slotted into the Excel calculator and the answer gotten will be $1942.89
Therefore, the monthly payment will be $1942.89.
Answer:
a. Bill
c. Vendor Credits
d. Bill Payments
Explanation:
QuickBooks Online is an accounting software that has millions of users most of whom are medium and small time businesses. It is very useful in ensuring that the needs of even novices in accounting are taken care of.
In the Accounts Payable Aging detail report, QuickBooks online includes Bills which gives a list of vendors purchased from. It includes Vendor credits which shows the vendors owed and the payment terms of the debt and Bill payments which show the history of payments both owed and already made to certain vendors.
Answer:
1. Record the transaction assuming Clothing Frontiers has no-par common stock.
January 1, issuance of 600 stocks
Dr Cash 24,000
Cr Common stock 24,000
April 1, issuance of 100 stocks
Dr Cash 4,400
Cr Common stock 4,400
2. Record the transactions, assuming Clothing Frontiers has either $1 par value or 41 stated value common stock.
January 1, issuance of 600 stocks
Dr Cash 24,000
Cr Common stock 600
Cr Additional paid in capital 23,400
April 1, issuance of 100 stocks
Dr Cash 100
Cr Common stock 100
Cr Additional paid in capital 4,300
Answer:
The correct answer is rational decision making.
Explanation:
The question about rationality is that all human beings are different, with different tastes, variety of opportunities and what is rational or useful for one person may be totally different from what would satisfy another. In addition to everyday situations, people often make quick and unconscious decisions that are part of their daily experiences and are chosen by inertia, which can often leave rationality aside to become repetitive or everyday choices, another really important aspect Within the issue of decision making is the change of thoughts, tastes or perspectives of people over time and according to their experiences or areas in which they are, in short, what for a person can be rational in this At the moment, it won't be in the future.
The above gives us a perspective of decision-making in many fields where it can be observed that the most important thing is the search for self-benefit and where opportunity costs are weighed in order to see what is most useful within the opportunities They are available. The most interesting of all is to understand that we live with economic science on a daily basis and that without a doubt it is immersed in us when making decisions; It is also called "The hidden logic of life."
