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3 years ago

Which of the following accounts will give you the LEAST access to your money ?

2 answers:

5 0

Which of the following accounts will give you the LEAST access to your money?

Answer:
B. Certificate of Deposit (CD)

dimulka [17.4K]3 years ago

3 0

The answer would be B. Certificate of Deposit

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Which of the following statements about Treasury Stock is correct? Multiple Choice The balance in the Treasury Stock account inc

DedPeter [7]

Answer:

The balance in the Treasury Stock account reduces total Stockholders' Equity

Explanation:

Treasury stock also known as reacquiring stock refers to outstanding shares which were previously owned by a company which is then bought back by shareholders of that company. Treasury stock do not have much value but provide means of raising the price of share which in turn provides profits for investors.

Treasury stock is normally recorded in the shareholders equity section of the balance sheet representing the number of repurchased shares from the open market, thereby reducing shareholder's equity by the amount paid for the stock

8 0

3 years ago

Robert G. Flanders Jr., the state-appointed receiver for Central Falls, RI, said his city's declaration of bankruptcy had proved

valentinak56 [21]

Answer:

False

Explanation:

Missing question: The ability to declare bankruptcy increased the disagreement value of the city during negotiation with the unions

Alternatives available to an agreement determine the terms of an agreement. If bankruptcy is been declared in a situation where the cities can manipulate and evade much of their pension obligations owed to unions, such scenarios gives the city a much better alternative, if the favorable agreement with the city's unions and retirees emerge.

7 0

3 years ago

Blank is a process in which an amount of money gained from illegal activities is made to appear as if it is earned from a genuin

GaryK [48]

"Money laundering" is a process in which an amount of money gained from illegal activities is made to appear as if it is earned from a genuine source.

Money laundering is a criminal plan that can work likewise, yet it includes the stowing away of cash as opposed to a ball.

Money laundering is an approach to cover wrongfully acquired assets. Money laundering works by moving cash in intricate and convoluted monetary exchanges which deceive any individual who may look to follow and audit the exchanges. The goal is to make it hard to recognize the first party to the exchange, known as the launderer.

3 0

3 years ago

The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: a. Operating acti

Yuri [45]

Answer:

b. Financing activities.

Explanation:In the financial activities section of the statement of cash flows, the operations related to the entry and exit of funds for activities that increase the liability or stockholders´equity, but that do not make the main activity of the company must be recorded. Such as: issuance of common stock for cash.

5 0

3 years ago

Cash Payback Period for a Service Company Prime Financial Inc. is evaluating two capital investment proposals for a drive-up ATM

sashaice [31]

Answer:

Location 1 = 5 years

Location 2 = 4 years

Explanation:

The period in which initial investment is recovered by a business is known as payapack period.

Location 1

Net cash flow = $320,000

Cash Flow per year = $320,000 / 8 = $40,000

Payback period = Initial Investment / Yearly cash flow = $200,000 / $40,000 per year = 5 years

Location 2

As per given Data

Cash Flows

Year1 $60,000 Year2 $50,000

Year3 $50,000 Year4 $40,000

Year5 $30,000 Year6 $30,000

Year7 $30,000 Year8 $30,000

Payback period Balance

Year0 ($200,000) ($200,000)

Year1 $60,000 ($140,000)

Year2 $50,000 ($90,000)

Year3 $50,000 ($40,000)

Year4 $40,000 ($0)

It took 4 year to recoveer the initial investment, so the payaback period is 4 years.

4 0

3 years ago