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3 years ago

What happens if you default on your student loans?

Business

1 answer:

musickatia [10]3 years ago

4 0

Answer:

Is this like a math problem or like just a question your asking....? I can't really solve this.

Explanation:

Sorry...

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The amount of cash to be reported on the balance sheet at June 30 is the

drek231 [11]

Answer:

The answer is C.

Explanation:

It will not be proper to just choose the balance in the cash ledger or the one in the bank because the balance as per the cash ledger in the book might be different from the balance in the bank statement in the bank.

So to eliminate this differentiation, bank reconciliation needs to be done. After this reconciliation has been carefully done, the adjusted cash balance in the reconciliation will be used.

7 0

4 years ago

1. Think about the four cores of credibility. Choose one of them and describe why it is important to you for your workplace.

xxTIMURxx [149]

Answers

Integrity: integrity means doing things with sincerity of purpose. Integrity is important to me because it reveals my truest purpose.

Branding means how others see you, in other words, the perception of people about a person or thing.

I would build a reputation at the workplace leveraging on both character and competence.

Explanation

Integrity is one of the core's of credibility.

Branding has to do with perception.

Character and Competence are two required traits in reputation building at the workplace.

3 0

4 years ago

Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines

Yuri [45]

Answer:

Adjusted cash balance is $ 60,224.

Explanation:

Detailed steps of solution are below

6 0

3 years ago

Which type of account typically has very high liquidity, low or no interest, and low minimum balance?

oksian1 [2.3K]

A Checking Account would.

3 0

3 years ago

A coupon bond paying semiannual interest is reported as having an ask price of 117% of its $1,000 par value. If the last interes

Vinil7 [7]

Answer:

$1,195

Explanation:

Calculation the invoice price of the bond

Using this formula

Invoice price of the bond =Clean price + Accrued interest

First step is to find the clean price using this formula

Clean price=Bond amount par value×Ask price percentage

Let plug in the formula

Clean price =$1,000×117/100

Clean price=$1,170

Second step is to calculate for the accrued interest.

Since Semiannually means 6 month, and we were told that the last interest payment was made a month ago which mean we have 5 months left. Now let find the accrued interest using this formula

Accrued interest = Number of days in month ×(5months/6months)

Let plug in the formula

Accrued interest=30× (5months/6months)

Accrued interest =30×0.83333

Accrued interest =$25

The last step is to calculate for invoice price of the bond using this formula

Invoice price of the bond =Clean price + Accrued interest

Let plug in the formula

Invoice price of the bond=$1,170+$25

Invoice price of the bond=$1,195

Therefore the Invoice price of the bond will be $1,195

5 0

4 years ago