When referring to student loans, what is a grace period?

Paul worked as an artisan at a furniture company where a set of artisans were required to produce a specific part of a product,

SpyIntel [72]

Answer:

Challenge

Explanation:

Challenge is considered as an entrepreneurial advantage because it tend to 'force' people to actively improve themselves and find out inventive way to solve a problem.

When people feel that their job is not challenging enough, overtime they will feel that their activities become stale and boring. This will lead to the situation where they become unmotivated to even to come to work.

Having enough challenge at your work will keep you curious.

Like Paul, your work will make you feel excited and strive to prove yourself. This will make you constantly try to adapt to new things and keep improvising your craft.

6 0

3 years ago

A company pays each of its two office employees each Friday at the rate of $210 per day for a five-day week that begins on Monda

ololo11 [35]

If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is $840.

For two employees and for two days, the adjustment made was 4 times their per day income.

Total month end adjusting entry will be 2×2×$210 = $840

What is Accounting Period?

A set period of time, such as a calendar year or fiscal year, is referred to as an accounting period in which income balance of whole month is calculated.
It is used for performing, aggregating, and analyzing accounting operations.
The accounting period is helpful for investing because prospective investors can assess a company's success by looking at its financial statements, which are based on a set accounting period.

<h3>What is Month-End Adjusting Entry?</h3>

Month-End Adjusting Entry is a record created at the conclusion of an accounting period that allows an income or expense to be recognized in the timeframe in which it is incurred.

Accruals, deferrals, and estimations are the three forms of Month-End Adjusting Entry that are most frequently used.

<h3>What is Fiscal Year?</h3>

Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning.
The most typical accounting period utilized to create financial statements is a fiscal year.
A company's fiscal year is based on 3 determining parameters namely financial reports, external audits, and federal tax filings.

Know more about Accounting Period brainly.com/question/14880780

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8 0

2 years ago

Rachel Dawkins has $26,000 invested in stock A and stock B. Stock A currently sells for $50 a share and stock B sells for $60

padilas [110]

Answer:

Stock A = 400 and Stock B = 100

Explanation:

Rachel invested $26,000 in stock A and stock B at $50 and $60 respectively. The first equation will be:

⇒ 26,000 = A50 + B60 (equation 1)

After some time,

The stock A increases by 50% which means the value of stock A currently is (50 x 150%) = $75

The stock B doubles in value which means the value of stock B currently is (60 x 2) = $120

The total worth of the both stock is now $42,000. The second equation will be:

⇒ 42,000 = A75 + B120 (equation 2)

We have 2 equations now,

⇒ 26,000 = A50 + B60 (equation 1)

⇒ 42,000 = A75 + B120 (equation 2)

To solve this, multiply equation 1 by -2,

⇒ (-2 x 26,000) = (-2 x A50) + (-2 x B60)

⇒ -52,000 = -A100 - B120 (equation 3)

Solve equation 2 and 3 to compute the value of A:

⇒ 42,000 = A75 + B120

⇒ -<u>52,000 = -A100 - B120</u>

⇒ -10,000 = -A25

⇒ A = -10,000/-25

⇒ A = 400

Substitute the value of A in any of the above equation to compute B, let's say in equation 1:

⇒ 26,000 = A50 + B60

⇒ 26,000 = (400)50 + B60

⇒ 26,000 = 20,000 + B60

⇒ B60 = 26,000 - 20,000

⇒ B60 = 6,000

⇒ B = 6,000/60

⇒ B = 100

7 0

4 years ago

Read 2 more answers

Read this citation for an informative essay. Davis, Victoria. Joining the Secret Service. Washington, D.C.: Free Print Press, 20

sertanlavr [38]

Answer

This citation is for a book on how to join the Federal Bureau of Investigation

Explanation

A Federal Bureau of Investigation (FBI) special agents work for the federal government and are responsible for conducting investigations according to the federal laws. The special agents are professionals responsible for analyzing a wide range of cases because investigators have skills in specific areas such as crime, accounting or engineering. Joining the secret service requires a person to obtain: a bachelor’s degree, gain work experience, complete the FBI application process, and go through the FBI Academy Training.

6 0

4 years ago

Read 2 more answers

Why does location matter?

BigorU [14]

answer: you need to know where your at

7 0

3 years ago