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3 years ago

Name one way establishing credit

1 answer:

6 0

Trade credit. or credit card where there is a specified deadline for the payment to be made for the item bought on credit

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_____ are companies that invest in start-up businesses with high growth potential in exchange for an ownership stake.

melamori03 [73]

SHARK TANK
<span>IS A company that invest in start up business </span>

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2 years ago

CPA-79690 (F-09-04: Transactions and Events: Part 2)The city of Curtain had the following interfund transactions during the mont

Triss [41]

Answer:

A. $5,000

Explanation:

Reciprocal interfund activity includes interfund loans and interfund services provided and used. Nonreciprocal transfers include interfund transfers to establish a new fund and routine interfund reimbursements.

Billing by the internal service fund to a department financed by the general fund for services rendered for $5,000 is the only transaction meeting the definition of a reciprocal interfund activity.

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3 years ago

g each collectible ship requires one pint of high-quality paint at a cost of $25 per pint. considering increasing the selling pr

bearhunter [10]

Answer:

Increasing the sales price is a bad idea since total revenues will decrease.

Explanation:

The question is incomplete since we are not given the information about other costs, but we are given enough information to calculate the price elasticity of demand:

PED = % change in quantity demanded / % change in price = -12% / 7.5% = -1.6 or |1.6| in absolute terms.

Since the PED is |1.6|, it is price elastic. This means that a change in price will result in a proportionally larger change in quantity demanded. E.g. assume original price is $100 and the original quantity demanded is 100. Total revenue = $10,000. If the price increases to $107.50, the quantity demanded will decrease to 88, resulting in a total revenue of $9,460.

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2 years ago

Which margin setting would you select to maximize the amount of space available for text on a page?.

Softa [21]

Narrow margin setting would you select to maximize the amount of space available for text on a page.

<h3>What allows you to align text so that it is fully flush with both margins?</h3>

Also known as completely justified or full justification, text is aligned at the left margin and letter- and word-spacing is altered so the text lies flush with both margins.
If justified in broad columns, a page can acquire symmetry.
Every page of a document has a header, which is a space at the top of the page that can have one or more lines of text.
The header is frequently used to list information about the document (such as the title) on each page.
A section break essentially divides your document into multiple portions to allow for a page break, which simply pushes any material following that page break onto the next page.

To learn more about margin refer,

brainly.com/question/19470938

#SPJ4

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1 year ago

Bloom Corporation purchased $1,000,000 of Taylor Company 5% bonds at par with the intent and ability to hold the bonds until the

VashaNatasha [74]

Answer:

Since Bloom plans to sell the bonds, it must record the entire loss as credit loss (loss on sale of bonds)

Dr Other than temporary impairment loss 400,000

Cr Discount on bond investment - Taylor bonds 400,000

Credits losses must be recognized as a loss in earnings in the income statement.

Journal entry to record credit loss:

Dr Other than temporary impairment loss 250,000

Cr Discount on bond investment - Taylor bonds 250,000

Journal entry to record non-credit loss:

Dr Other than temporary impairment loss 150,000

Cr Fair value adjustment - Taylor bonds 150,000

Non-credit losses must be recognized as part of other comprehensive income/loss and must be disclosed separately than credit losses. They must be reported in the balance sheet (they lower retained earnings directly), not the income statement.

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2 years ago