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3 years ago

When a purchase on account is made the invoice becomes a debit memo?

1 answer:

6 0

When a purchase on account is made, the invoice becomes a debit memo. The account receivable is normally documented through invoice which is issued to the customer who is buying on credit. When purchasing on an account, the balance of the invoice becomes a payable, that is, a debt.

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After hurricane katrina, many states reevaluated their coastal area building requirements. these new building codes represented

Svetradugi [14.3K]

Answer: product specifications

Explanation: In simple words, product specifications refers to the criteria which is used to decide the products that one should use. It directs the specifications that are required to choose a product among other alternatives.

Thus, from the above we can conclude that the correct answer is product specification.

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4 years ago

Why does a business cycle diagram serve as a forecasting model

Tanzania [10]

Answer:

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3 years ago

Shaffer Corporation issued 180, $1,000, 10% convertible bonds in 2019 at face value. Each bond is convertible into 100 shares of

Vlad1618 [11]

Answer:

$1.71 per share

Explanation:

Earning per share is the per share rate of net earning for the period after deducting any preferred dividend. We use average common shares outstanding to calculate the Basic EPS. Formula for the Basic EPS is as follow:

Basic EPS = ( Net Income - Preferred Dividend ) / average common shares outstanding

As we do not have any preferred share, placing value in the formula

Basic EPS = ( $3,100,800 - $0 ) / 1,818,000

Basic EPS = $1.71 per share

The convertible bonds are incorporated in the calculation of diluted earning per share.

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3 years ago

Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in th

Mamont248 [21]

The future amount in the account (Roth IRA) is equal to: D. $180,488. 86.

<u>Given the following data:</u>

Principal = $4,291

Interest rate = 2.23%

Time = 30 years

To determine the future amount in the account:

Mathematically, the compound interest for this Roth IRA is given by the formula:

$A = \frac{P(1\;+\;r)^t -1}{r}$

<u>Where:</u>

P is the principal.

r is the interest rate.

t is the number of years.

A is the future amount.

Substituting the given parameters into the formula, we have;

$A = \frac{4291(1\;+\;0.0223)^{30} -1}{0.0223}\\\\A = \frac{4291(1.0223)^{30} -1}{0.0223}\\\\A = \frac{4291(1.93798684094 -1}{0.0223}\\\\A = \frac{4291(0.93798684094)}{0.0223}\\\\A = \frac{4024.901534474}{0.0223}$

A = $180,488.86

Read more on compound interest here: brainly.com/question/25263325

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3 years ago

In the past, jaleel's vacation time has been spent at home catching a few local attractions when she could afford them. this yea

vlabodo [156]

Answer:

a. the income effect.

Explanation:

The income effect is the change in demand with respect to the good or service that due to change in the purchasing power of the consumer results in change in real income

Since in the situation it is mentioned that she received a big bonus this year and she decided for a trip to europe so here the purchasing power would be changed due to the income effect

hence, the option a is correct

5 0

3 years ago