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4 years ago

PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!

Business

1 answer:

inessss [21]4 years ago

8 0

Omg! Do you do k12? Me too!
Financing is usually investing in businesses. So looking at the answers. . .
I think it's using a credit card to pay for purchases.
If it's wrong I completely apologize!
Hoping this helps!

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A manufacturing plant located by a busy highway uses and stores highly volatile explosives. The owner of the plant has imposed s

EastWind [94]

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Explanation:

Based on the information given in the question, the driver will not prevail. This is because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.

In this case, the owner of the plant has imposed strict safety measures to prevent an explosion at the plant and the damage of the windshield of the car was due to heavy windstorm and not from the plants activities.

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3 years ago

Eric and Chelsea sign a contract where Eric will sell his used car to Chelsea for $400. That night, Chelsea's parents surprise h

tangare [24]

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3 years ago

A store has clearance items that have been marked down by 20%. They are having a sale, advertising an additional 30% off clearan

DedPeter [7]

Answer: the correct answer is 56% of the original price.

Explanation: Let's say the original price is 100 - (0.20*100) = 80. the price is now 80 with the discount. The new discount is now 80- (0.30*80) =80-24 = 56. If 100 is 100%. How much is 56 of 100 in terms of percentage and the answer is 56%.

5 0

4 years ago

Central Systems desires a weighted average cost of capital of 12.7 percent. The firm has an aftertax cost of debt of 4.8 percent

Anon25 [30]

Answer:

Debt-equity ratio = 0.34 or 34%

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Weighted average cost of capital (WACC) = 12.7%

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The weighted average cost of capital is given by

$WAAC = 0.154*W_e +0.048W_d\\0.127 = 0.154*W_e +0.048*(1-W_e)\\0.079 = 0.106W_e\\W_e=0.745\\W_d = 1-0.745=0.255$

The debt-equity ratio is:

$DER = \frac{W_d}{W_e}=\frac{0.255}{0.745}\\DER =0.34$

7 0

3 years ago

Marin Corp. factors $441,000 of accounts receivable with Headland Finance Corporation on a without recourse basis on July 1, 202

Kaylis [27]

Answer:

Debit Cash for $406,602; Debit Finance charge for $7,938; Debit Loss on sale of receivables for 26,460; and Credit Accounts receivable for $441,000.

Explanation:

Before preparing the journal entry, the following calculations are made firs:

Finance charge = Percentage of finance charge * Accounts receivable = 1.80% * $441,000 = $7,938

Loss on sale of receivables = Percentage retained * Accounts receivable = 6% * $441,000 = $26,460

Cash = Accounts receivable - Finance charge - Loss on sale of receivables = $441,000 - $7,938 - $26,460 = $406,602

The journal entry will now look as follows:

Date Details Debit ($) Credit ($)

01 Jul '20 Cash 406,602

Finance charge 7,938

Loss on sale of receivables 26,460

Accounts receivable 441,000

(To record factoring of accounts receivable.)

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3 years ago