Which of the following students is most likely to receive a merit-based scholarship?

he company rented an office for $ 3600 per month starting from January 1, 2018. On that day, ABC prepaid the rent through June

pickupchik [31]

Answer:

The balance in the Prepaid Rent account as of April 30, 2018 = $7,200

Explanation:

Monthly rent = $3,600

Rent paid on 1 January = $3,600 $\times$ 6 = $21,600

Out of which Prepaid Rent = $3,600 $\times$ 5 = $18,000

for 5 months

Prepaid rent account as on April 30 balance will be of rent for May and June,

That is $3,600 $\times$ 2 = $7,200

Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.

Final Answer

The balance in the Prepaid Rent account as of April 30, 2018 = $7,200

8 0

3 years ago

Suppose:

dolphi86 [110]

Answer:

C) Yes, because the direct rates differ in all markets

Explanation:

₤1 buys €1.50 in NY, Tokyo, and London -> ₤1 = €1.50

₤1 buys ¥150 in NY, Tokyo, and London -> ₤1 = ¥150

⇔ €1.50 = ¥150

⇔ ¥100 = €1.50/1,5 = €1

$1 buys ¥100 in NY, Tokyo, and London - > $1 = ¥100

Tt clearly that €1 is different with $1.0 (as Reuter quoted today, $1.00 = €0.9030), so there’re opportunity for two-point arbitrage .

8 0

4 years ago

Question 3(Multiple Choice Worth 4 points)

jekas [21]

Answer:

C. Futures

Explanation:

To check if this is correct click here:

brainly.com/question/13615434?referrer=searchResults

Hope this helps!

6 0

2 years ago

An optimal procedure for organizations to accept projects is to specify a return on investment (ROI) and fund only projects that

olga nikolaevna [1]

Answer:

False

Explanation:

Capital budgeting is needed in any project work as it entails the process and procedures taken in evaluation and selection of long-term investments that are consistent with the firm's goal of maximizing owner's wealth.

Normally, before a company invest or undergo any project, background work is done to know if the project will yet profit or no, feasibility study is carried out and things are put in place. If it is favourable for the firm and profit is high, firms may choose to invest after weighing the pros and cons (advantage and disadvantage) of the project before investment. So return of investment initial investment is not really considered when taking up a project as all project is done at their own risk.

7 0

3 years ago

At the beginning of the year, Blevins Company estimated manufacturing overhead cost of $416,000 and direct labor cost of $520,00

777dan777 [17]

Answer:

Allocated MOH= $29,520

Explanation:

Giving the following information:

Estimated manufacturing overhead cost= $416,000

Direct labor cost= $520,000.

The firm allocates manufacturing overhead based on direct labor cost. For August, direct labor cost was $36,900.

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 416,000/520,000= $0.8 per direct labor dollar.

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.8*36,900= $29,520

3 0

3 years ago