All categories

3 years ago

What is a transaction?

1 answer:

8 0

In simpler terms, a business deal.

Either one party has buy a good or sell a specific product to another party. This process is called transaction.
Every transaction occurs during an exchange of two services, the product and the money involved.

You might be interested in

Mike and Lon came to a party together. A friend offered Mike a ride home. However, there was no room in the car for Lon. What ar

Vikentia [17]

Mike could leave lon behind, walk lon home, offer to pay for a taxi or finally he could stay with him.

3 0

3 years ago

What is trend extrapolation? the process of converting intuition and hunches into reality. the extension of present trends into

Arada [10]

<span>A trend extrapolation is detecting faulty underlying assumptions before forecasting errors can occur. This is to allow forecasters to place a trend that is evident over time, and then calculate it forward base on the calculated data relating rates of change. An example is detecting the climate of the day. Forecasting it is not easy since analysts have to extrapolate the past data to predict the future event. </span>

3 0

3 years ago

"A firm's statement of cash flows uses the balance sheet and the income statement to determine the amount of cash a firm has ge

OleMash [197]

Answer:

The answer is true

Explanation:

It is true.

All the line items found in cash flow statement are found in the income statement and balance sheet.

For example:

Cash received from customers can be gotten from revenue(income statement) and accounts receivable(balance sheet)

Cash paid to customers can be gotten from purchases (income statement) and inventory (balance sheet)

Cash paid to employees can be found in salary and wages expenses.

Cash received from sale of equipment can be gotten from cost of equipment (balance sheet), gain on sale of equipment (income statement)

6 0

3 years ago

Mike is looking for a loan. He is willing to pay no more than an effective rate of 8. 000% annually. Which, if any, of the follo

Alexeev081 [22]

The Loan condition of Loan X and Loan Y will meet the effective rate of 8.00% criteria of Mike.

Computation:

Given,

Effective interest rate =8% $(i_{c})$

Nominal interest rates: $(r)$

Loan X =7.815%, compounded semiannually $(m=2)$

Loan Y: 7. 724% nominal rate, compounded monthly $(m=12)$

Loan Z: 7. 698% nominal rate, compounded weekly $(m=52)$

The formula of the effective interest rate will be used:

$i_{c}=(1+(\frac{r}{m})^{m}-1)$

For Loan X:

$i_{c}=(1+(\frac{r}{m})^{m}-1)$

$i_{c}=(1+(\frac{0.07815}{2})^{2}-1)$

$i_{c}=0.07958 \:0r\: 7.968\%$

As the effective interest rate of Loan X is lower than the actual effective interest rate. Therefore, loan X meets the criteria of Mike.

For Loan Y:

$i_{c}=(1+(\frac{r}{m})^{m}-1)$

$i_{c}=(1+(\frac{0.07724}{12})^{12}-1)$

$i_{c}=0.08003 \:0r\: 8.003\%$

As the effective interest rate of Loan Y is greater than the actual effective interest rate. Therefore, loan Y will not meet the criteria of Mike.

For Loan Z:

$i_{c}=(1+(\frac{r}{m})^{m}-1)$

$i_{c}=(1+(\frac{0.07698}{52})^{52}-1)$

$i_{c}=0.07996 \:0r\: 7.996\%$

As the effective interest rate of Loan Z is lower than the actual effective interest rate. Therefore, loan Z meets the criteria of Mike.

Therefore, in reference to the computation of the effective interest rate of individual loans. The correct option is b. X and Z.

To know more about the effective interest rates, refer to the link:

brainly.com/question/2602223

5 0

3 years ago

At a sale of polarizing sunglasses, there is a half-price special on some glasses with lenses that have a horizontal polarizatio

Varvara68 [4.7K]

No, because horizontal polarization defeats the purpose of sunglasses.

The objective of wearing a sunglass is to avoid glare and Sunlight bouncing off a surface like water, a road, or metal will usually reflect horizontally which lens which have horizontal polarization will not stop these glare.

The oscillation of an antenna's electrical field on the vertical plane is known as vertical polarization, whereas the oscillation on the horizontal plane is known as horizontal polarization. An electrical field that oscillates at a 45-degree angle to a reference plane is known as slant polarization.

Learn more about horizontal polarization here

brainly.com/question/13978942

#SPJ4

6 0

2 years ago