Answer:
Option B: That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement
Explanation:
Allows individuals to set up a retirement account at financial institutions to save money for retirement. Usually has a tax free growth or tax deferred basis.
Is this free answer or is there a multiple choice?
Answer:
A firm's cash flow from financing activities includes:
D. Cash paid to reacquire treasury stock.
Explanation:
The cash paid to reacquire treasury stock is a financing cash outflow. It reduces the cash inflow from financing activities and forms part of the financing activities of the company under the Statement of Cash Flows. In this financial statement, cash flows are classified into three main groups or activities: operating activities, investing activities, and financing activities. This classification helps to define the source of the cash flow.
Answer: See explanation
Explanation:
a. Determine the due date of the note.
The due date will be gotten by calculating the date that will make 120 days starting from April 9th. This will be:
April = 30 - 9 days = 21 days
May = 31 days
June = 30 days
July = 31 days
August = 7th day.
Therefore, August 7 is the due date
b. Determine the maturity value of the note.
Amount of interest on note = 96000 x 10% x 120/360
= 96000 × 0.1 × 1/3
= $3200
Then, Maturity Value will be:
=$96000 + $3200
= $99200
c. Journalize the entry to record the receipt of the payment of the note at maturity.
7th August:
Debit: Cash = $99200
Credit: Note receivable = $96000
Credit: Interest revenue = $3200
(Note receivable realized)
Answer:
increase
listening to the law when a supplier increases the price their supply increases the quality aswell!!
