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3 years ago

What is the safetest way to dispose of old bank account statements?

Business

1 answer:

julia-pushkina [17]3 years ago

7 0

The safest way to dispose of old bank statements - or anything with sensitive information - is shredding them.

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A company sold 10,000 shares of its common stock at par value for a total of $45,000. What two accounts are affected by the tran

noname [10]

Answer:

Cash and contributed capital

Explanation:

The journal entry to record the sale of common stock is shown below:

Cash A/c Dr $45,000

To Common stock A/c $45,000

(Being the common stock is sold)

For recording this transaction, we debited the cash account as the sale is made which increases the asset and credited the common stock account because the common stock is sold which reduces the equity balance.

8 0

3 years ago

In project time management, which of the following processes involve calculating the number of work periods that are needed to c

11Alexandr11 [23.1K]

Answer:

The correct answer is C

Explanation:

The estimate activity duration is a procedure in project management which include the analyzing of the different activities and then estimates or approximate how long it takes for accomplishing or completing the specific task with the estimated resources.

So, the estimate activity duration is the one which comprise for computing the work periods needed for completing the activities.

4 0

3 years ago

Surreal Corp. has borrowed to invest in a project. The loan calls for a payment of $17,500 every month for three years. The lend

Marianna [84]

Answer:

The rate at which to discount the payments to find sum borrowed is 12.68%

Explanation:

The discount rate to be used in computing the sum borrowed can e derived from the effective annual rate formula below:

Effective annual rate = (1 + Quoted interest rate/m)^m - 1

quoted interest rate is 8.40

m is the number of months in a year when compounding is done which is 12

effective annual rate=(1+8.40%/12)^12-1

effective annual rate=(1+0.01)^12-1

effective annual rate=(1.01)^12-1

effective annual rate=1.12682503 -1

effective annual rate=0.12682503=12.68%

7 0

3 years ago

Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken. Also assume that in 1984 each buck

goldenfox [79]

Answer:

A= 62.5; B=60%; C = $160,000 and $352,000

Explanation:

in 1984 each bucket of chicken was priced at $10 (nominal GDP)

in 2005 the price per bucket of chicken was $16 (real GDP)

GDP price index = nominal GDP divided by the real GDP × 100

=($10/$16)× 100

= 62.5

In 1984, Price of each bucket = $10

In 2005, Price of each bucket = $16

Percentage difference = price In 2005 - price in 1984/price in 1984 × 100

= (16 - 10)/10 × 100

=6/10×100

=60%

The price level rise by 60% from 1984 to 2005

In 1984, total buckets of chicken produced= 10,000

In 2005, total buckets of chicken produced = 22000

real GDP in 1984 = total buckets of chicken produced × current price per bucket in 2005

= 10,000 × $16

= $160,000

real GDP in 2005 = total buckets of chicken produced in 2005 × current price per bucket in 2005

= 22000 × $16

= $352,000

7 0

3 years ago

when all-in-one technology offers its customers a discount for ordering their television, internet, and phone service all with a

Archy [21]

Penetration evaluation could be a strategy utilized by businesses to draw in customers to a brand-new product or service by giving a cheaper price ab initio.

The cheaper price helps a brand-new product or service penetrate the market and attract customers far from competitors.

EDLP is related to Walmart because the company has used it systematically in its selling. As an evaluation strategy, Walmart founder SAM Walton used EDLP once gap his initial stores.

In a predatory evaluation theme, area unit costs are set low to drive out competitors and build a monopoly. Shoppers could enjoy lower costs in the short term. However, they suffer if the theme succeeds in eliminating competition, as this could trigger an increase in costs and a decline in selection.

To learn more about monopoly, visit here

brainly.com/question/5992626

#SPJ4

8 0

1 year ago