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Phantasy [73]
3 years ago
11

Compounding frequency refers to?

Business
1 answer:
KonstantinChe [14]3 years ago
6 0
Compounding frequency is how often your interest is calculated and added back into your account. The more frequently this happens, the more interest you will earn.
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Bart orders 20,000 class a widgets from salvatore. salvatore promptly ships to bart 20,000 class b widgets instead. under the uc
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<span>the Salvatore has n number of class a widgets and n number of class b widgets.Since the Salvatore ships class b widgets to bart ,Bart has 0 class a widgets and 20,000 class b widgets.</span>
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Carow Corporation purchased on January 1, 2020, as a held-to-maturity investment, $60,000 of the 8%, 5-year bonds of Harrison, I
tigry1 [53]

Answer:

Entries are given below

Explanation:

Requirement A.

On January 1, 2020 Carrow purchased held to maturity investment, $60,000 of the 8% 5year bonds of Harrison, Inc for $65,118

Entry                                                DEBIT   CREDIT

Held-to-maturity securities            $65,118

cash                                                                $65,118

Requirement B.

The receipt of semiannual interest and premium amortization

Entry                                                DEBIT   CREDIT

cash (60,000 x 8% x 6/12)             $2,400  

held to maturity sercurities                            $446

interest revenue(65,118 x.6% x6/12)             $1,954

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3 years ago
What are the 3 documents mortgage lenders are required to give you by law?
Paul [167]

Answer: The Loan Estimate, The Closing Disclosure, and The Notice of the Right to Rescind

Explanation:

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3 years ago
Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would
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Answer:

E. Centralized Authority.

Explanation:

As Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would be interested in joining the chamber of commerce to meet potential customers and increase its contacts in the local business community. Typhanie believes this is a very good idea and approached her manager, Deondre, about becoming a chamber member. Deondre said to Typhanie, "Because the cost of membership is over $500 and you will have to leave the office to attend meetings, I will have to get approval from management above me." WestComm is an example of an organization with centralized authority.

In centralized authority, the decisions are made from the top level management or decisions are made from certain managers. Anyone can't make decisions by his or her own in this kind of management style. This system has many flaws as well. As we have seen here in this case, Typhanie is interested in going to chamber of commerce which definitely will be very good for the organisation but when she approached her manager Deondre, he said he even himself can't decide about it, he has to get the orders from his boss. Although the event can be good for the organisation but centralized decision making has made it almost impossible.

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