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4 years ago

What is a difference between a debit card and a credit card?

1 answer:

3 0

Debit: Your money that is actually yours.

Credit: The banks money that they give you kindove like a loan but not exactly.

Bank: Open to everyone but both have you keep
an account of money.

Credit Union: Only open to a certain group of people but both have u keep an account of money.

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Grouper Corporation had 138,000 shares of stock outstanding on January 1, 2020. On May 1, 2020, Grouper issued 72,000 shares. On

velikii [3]

Answer:

183,450 shares

Explanation:

The computation of the weighted average number of shares is shown below:

January 1 to April = 138,000 shares for 4 months = 46,000 shares

May to June = 72,000 shares + 138,000 shares = 210,000 shares for 2 months = 35,000 shares

July to September = 210,000 shares - 10,200 shares = 199,800 shares for 3 months = 49,950 shares

October to December = 199,800 + 10,200 shares = 210,000 for 3 months = 52,500 shares

Now weights average number of shares is

= 183,450 shares

7 0

4 years ago

lYour friend says, "I have some extra money, but I'm not sure if I should save or invest it." What key questions would you ask y

JulijaS [17]

I prefer investing money you can save it too

3 0

3 years ago

Southland Company is preparing a cash budget for August. The company has $17,600 cash at the beginning of August and anticipates

Semenov [28]

Answer:

C. $4,500

Explanation:

The total available cash of Southland Company in the month of August is $139,600 (Beginning balance $17,600 + $122,000 anticipated cash receipts) but we have to deduct cash disbursement in the amount of $135,100 the resulted to an ending balance of $4,500 before any loan activity to attain the maintaining balance required.

7 0

3 years ago

How much do I need to retire? Here are your assumptions. You are 30. You will retire when you are 65. You want $40,000 a year wh

Fynjy0 [20]

Answer:

The amount to be saved at the age of 65 is $1940755.74

Explanation:

To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13

Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]

= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]

= 7728742.2 * 0.2511089

= 1940755.74

3 0

4 years ago

Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Sal

Damm [24]

Answer:

Total Break even sales = 154,000 units

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) = 77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

Explanation:

As per the data given in the question, the computation is shown below:

Weighted contribution margin = Contribution margin × Sales mix

= (0.2 × 30) + (0.5 × $21) + (0.3 × $39)

= $28.2

Now, Total break even sales = Fixed cost ÷ Weighted contribution margin

= $4,342,800 ÷ $28.2

= 154,000 units

So classifications are as follows

Lawnmowers ($154,000 × 20%) = 30,800 Units

Weed-trimmers ($154,000 × 50%) = 77,000 units

Chainsaws ($154,000 × 30%) = 46,200 Units

We simply multiplied the total break even sales with each sales mix

7 0

3 years ago