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3 years ago

What journal should a company uses to capture cash transactions?

Business

1 answer:

alexira [117]3 years ago

7 0

I think it is (The Cash Payments Journal)

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Which of the following borrowing options would cost her the least? Credit card. Personal loan at bank. Student loan. Payday loan

nika2105 [10]

Answer:

Explanation:

The student loan is set up to have a very low interest rate. They are mostly in the 2 to 3 % range if you qualify. The worst is a payday loan. Those have double digit rates associated with them.

5 0

2 years ago

or 2018, Gourmet Kitchen Products reported $22 million of sales and $18 million of operating costs (including depreciation). The

Vinil7 [7]

Answer:

Economic value added = $1,250,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

Economic value added= [($22,000,000 - $18,000,000) * (1 - 0.35)] - [$15,000,000 * 9%]

Economic value added = ($4,000,000 * 0.65) - $1,350,000

Economic value added = $2,600,000 - $1,350,000

Economic value added = $1,250,000

5 0

3 years ago

Define investment bank.

mezya [45]

Answer:

Investment banks are middlemen between those with money and those with ideas who need funding. They give money a productive purpose by channelling into projects.. it's a financial service of company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations and governments

7 0

3 years ago

The problem of preventing managers from acting in their own best interests and instead acting in the best interests of the stock

Mumz [18]

Answer:

The correct answer is letter "A": Agency Problem.

Explanation:

An Agency Problem occurs when a conflict of interest arises for an agent, a person acting on behalf of another person. The conflict of interest arises when the agent's own interests are different from those of the principal or the person being acted for. In the corporate world, the Chief Executive Officer (CEO) is an agent acting for the owners of the company: the stockholders.

5 0

3 years ago

Blade Breeze Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts

Rainbow [258]

Answer:

cost of machining per ceiling fan= $18 per unit

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.

For example, the machining overhead would charged to each ceiling fan using the machining overhead rate per machine hours.

Cost of machining per ceiling fan = Machining hours × overhead rate per machine hours

= 2.50 × $7.20= $18 per unit

cost of machining per ceiling fan= $18 per unit

5 0

3 years ago