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3 years ago

Which of the following correctly orders the investments from LOWER risk to HIGHER risk?

1 answer:

3 0

Here is the correct order of investments from Lower Risk to Higher Risk: <span> Treasury bond − Diversified mutual fund – Stock

Treasury bond is released by Government, so unless your country went bankrupt, it is safe to assume that you will get the investment back.

Diversified mutual fund puts your eggs in a lot of baskets So in case one of your investment fail, the others could still support your overall investments

Since the stock is a single entity and really fluctuative, it is considered as the most dangerous type of investment.

</span>

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Slinky Company purchased merchandise on June 10, 2021, at a price of $26,000, subject to credit terms of 4/10, n/30. Slinky uses

vampirchik [111]

Answer:

The answer is given below;

Explanation:

June 10.

Inventory (26,000*.96) Dr.$24,960

Accounts Payable Cr.$24,960

2.If payment is made on June 18,2021

Accounts Payable Dr.$24,960

Bank Cr.$24,960

3. If payment is made on July 8,2021

Inventory (26,000-24,960) Dr.$1,040

Accounts Payable Cr.$1,040

Accounts Payable (1,040+24,960) Dr.$26,000

Bank Cr.$26,000

As the credit period of 10 days for discount was not availed, therefore full amount payment will be made.

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3 years ago

Two reasons why it is important for a chocolate manufacturing company(or any company) to develop new products?

SpyIntel [72]

Two offer more product

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3 years ago

Read 2 more answers

On November 1, Wright Co. borrowed $20,000 cash from Third Bank by signing a 90-day, 6% interest-bearing note.

Andrews [41]

On January 30, the due date of the note, Wright will record the payment with a debit to Interest Expense in the amount of $100.

Explanation:

On November 1, Wright Co. borrowed $20,000 cash from the Third Bank by signing a 90-day, and 6% of interest-bearing note.

On December 31, it was recorded an adjusting entry to interest expense of $200.
On January 30, which is the due date of the note, Wright will record the payment with a debit to Interest Expense in the amount of $100.
Interest expense is an expense which is known as a non-operating expense which is shown on the income statement. It also represents interest payable amount when it is borrowed. For Example,
bonds,convertible debt, loans or lines of credit
The main difference between the interest expense and the interest paid is that the discount amount and this difference changes the net amount of bond liability.
Interest expense is an amount determined by the interest rate on an account.

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3 years ago

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional

denis23 [38]

It might be easier because most credit unions require some kind of affiliation while banks will let anyone with money open and account.

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3 years ago

Under FICA only, cash tips of more than $100 in a month are defined as taxable wages.

Kazeer [188]

Answer:

Option b: False

Explanation:

FICA is simply known as Federal Insurance Contributions Act. It is the act under which this tax is also deducted from the paycheck.The FICA tax rates and taxable wage bases are exactly the same for employees and employers.

Government uses FICA tax to provide

an income check to people at retirement age,health care, another service and others. It it a body that has its own rules, regulations and default in any of them may lead to penalty.

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3 years ago