Given:
pay = 589.69
rate = 8% of the pay into your savings account.
Simply multiply 8% to the amount of the paycheck.
589.69 x 8% = 47.18 amount to deposit to savings account
589.69 - 47.18 = 542.51 amount to take home
Answer: A debit to Long-Term Investments-HTM $300,000
Explanation:
A journal entry is the act of making records of the transactions that takes place and such transactions typically shows the debit and credit balance of the company.
From the question, we are informed that Landmark Corp. buys $300,000 of Schroeter Company's 8% five-year bonds payable at par value on September 1. Interest payments are made semiannually and that Landmark plans to hold the bonds for the five year life.
The journal entry to record the purchase should include a debit to Long-Term Investments-HTM $300,000.
The rate of interest charged to Glenda would be 5.18% upon the payment of her car in five annual installments.
<h3>What is a rate of interest?</h3>
The percentage of interest charged over the principal amount of loan or advances for a particular period of time, is known as the rate of interest of such loan.
The computation of rate of interest using the formula and given information will be,
Hence, the computation of the rate of interest is as aforementioned.
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Answer:
The correct answer is letter "E": a trade credit.
Explanation:
Trade credit implies a customer buying products from a seller that helps the purchaser to later pay for the goods. Essentially, the seller provides the buyer with a short-term loan. Typical terms of trade credit must be charged for <em>30 days</em>, but may also be <em>45, 60, 90, </em>or <em>180 days</em> in some situations.
Answer:
a) The Focus of the meeting was about the issue of bank interest rate deregulation
b) Following the recommendations of the government taskforce we are revising our job application evaluation procedures
c) The quality assurance program of the production department includes components like, employee training, supplier cooperation and computerized detection equipment
d) The inventory reduction plan of the warehouse will be implemented nextweek
Explanation:
<u>Rewriting the sentences to eliminate the long strings of nouns </u>
a) The Focus of the meeting was about the issue of bank interest rate deregulation
b) Following the recommendations of the government taskforce we are revising our job application evaluation procedures
c) The quality assurance program of the production department includes components like, employee training, supplier cooperation and computerized detection equipment
d) The inventory reduction plan of the warehouse will be implemented nextweek
