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KiRa [710]
3 years ago
5

What factors are important to consider when planning to fund your education? Select all that apply A) how much debt you are will

ing to incur B) how much money you have spent C) how much of your project income will go towards paying debt D) how much your monthly income is at this time E) how much you can borrow from family and friends
Business
1 answer:
wolverine [178]3 years ago
7 0

Answer:

The correct answers are A and C

Explanation:

The factors which should be considered or taken into consideration while planning for funding the education are:

1. How much amount of debt the person or an individual is willing to incur- It means that the person or an individual need to consider that how amount of money is willing to borrow from bank, friends in order to fund the education.

2. How much project income of the person or an individual will go towards paying debt- It means that the person or an individual need to see that how much the project income of the person will be used for paying the debt.

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The following information shows Carperk Company's individual investments in securities during its current year, along with the D
melamori03 [73]

Answer:

a. See the table below.

b. Debit Fair value adjustment - Available-for-sale for $47,981; and Credi Unrealized gain - Debt for $47,981.

Explanation:

1. Identify whether each investment should be classified as a short-term or long-term investment. For each investment, indicate in which of the six investment classifications it should be placed.

This can be done as follows:

<u>No.      Types of investment           Classification of investment           </u>

a.         Long-term investment         Debt investment held to maturity

b.         Long-term investment         Equity method investments 20%-50%

c.         Long-term investment         Available for sale dbt securities

d,         Long-term investment         Available for sale dbt securities

e.         Short-term investment        Stock investment <20%

2. Prepare a journal entry dated December 31 to record the fair value adjustment for the portfolio of available-for-sale debt securities. Carperk had no available-for-sale debt securities prior to this year.

The journal entries will look as follows:

<u>General Journal                                               Debit ($)           Credit ($)  </u>

Fair value adjustment - Available-for-sale     47,981

Unrealized gain - Debt (w.1)                                                        47,981

<em><u>(To record the fair value adjustment for the portfolio of available-for-sale debt securities).  </u></em>

<u>Workings (w.1):</u>

No      Fair Value ($)       Cost ($)         Gain (loss) ($)

                    A                       B                   C = A - B

a.              453,116            416,850               36,266

c.             184,240            170,909                 13,331

d.           <u>   93,426   </u>        <u>   95,042 </u>                <u>  (1,616) </u>

Total      <u>  730,782 </u>        <u>  682,801 </u>            <u>   47,981 </u>

7 0
3 years ago
Which of the following management responsibilities often involves evaluating the results of operations against the​ budget?
gayaneshka [121]

Answer: (C) Controlling

Explanation:

 The controlling is one of the most important function in the management as it involves proper planning, directing and the organizing all the function in the system.

 The main objective of the controlling is that it helps in evaluating the management process and also helps in the error checking in order to taking the various types of decision for the correction purpose.

 According to the given scenario, the controlling is one of the management responsibility that involve against the given budget for the purpose of evaluation in an organization.

 Therefore, Option (C) is correct.

3 0
3 years ago
What is income demand curve?<br>​
kobusy [5.1K]
Income demand curve ? Well I know it probably has something to do with money
8 0
3 years ago
Gather secondary data by reading what others have experienced and observed. You should begin nearly every research project by re
liraira [26]

Answer:

An Index is used to identify references, key words or paragraphs, abstracts so also articles from different sources.

6 0
3 years ago
Angus Company agreed to sell goods for Longhorn Company on consignment, but wasn't willing to take ownership of the goods in cas
vladimir2022 [97]

Answer: D. Longhorn owns the inventory and should report it on its balance sheet.

Explanation:

Goods to be sold on consignment for a company means a company is selling goods for another company and will be paid for their services.

In that case, the company being sold for will retain the ownership of the goods because the company that is selling it for them is simply providing a service.

Angus in this scenario are simply holding the goods to sell it and so do not own the goods. Longhorn should therefore record it in their own books as inventory.

3 0
3 years ago
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