Answer:
The correct answer is letter "D": As a co-signer, you open an account and an adult signs on with you; as an authorized user, you are added to someone’s existing account
Explanation:
Co-signers are individuals that could help others to open a credit card account in case that person does not meet specific credit history requirements but the credit card issuer. Co-signers must be 21 years old. Authorized users are added to the account to request information, change it, or make payments.
Identify
each account as Asset (A), Liability (L), or Equity (E)
A. Accounts
Payable - liability
B. Cash -
asset
C. Owners
Capital- Equity
D. Accounts
Receivable- asset
E. Rent
Expenses - equity
F. Service
Revenue - equity
G. Office
Supplies - asset
H. Owners
Withdrawal - equity
I. Land -asset
J. Salaries
Expenses -equity
<span> </span>
Answer:
Explanation:
May 3
Dr merchandise inventory 27,000
Cr Cash 27,000
May 5
Dr Accounts receivable 19,500
Cr Sales 19,500
May 5
Dr COGS 13,500
Cr Merchandise inventory 13,500
May 7
Dr Sales returns and allowances 1,950
Cr Accounts receivable 1950
Dr Merchandise inventory 1350
Cr COGS 1350
May 8
Dr Sales returns and allowances 750
Cr Accounts receivable 750
May 15
Dr Cash 16464
Dr Sales discount 336
Cr Account receivable 16800
19500-1950-750 = 16800
16800*2% = 336
Answer:
equivalent annual cost: 19,784.81
The investment is not economically justified as it is cheaper to pay the fines than invest in the equipment to avoid them.
Explanation:
We calcualte the PMT of a 75,000 dollars equipment at 10%
PV 75,000
time 5
rate 0.1
C $ 19,784.811
EPA fines: <u> </u><u>$ 18,500.00 </u>
differential: (1, 284.81)
Answer:
The correct option is :
This stock is overvalued; you shouldn't consider adding it to your portfolio.
Explanation:
The stocks that are in cedar valley corporation has a price that exceedes its present value from this statement the first given option doesn't justify as the stocks rates are not undervalued.
Now, in the second option its again given that the stock will be overvalued which is true but it should be added to the portfolio is not correct. so, this option is not considered.
In the third option it mentions that stock is overvalued which is the correct option and also that it shouldn't be added in portfolio.
And the last one states that its undervalued which restricts the option at this point only.
So, third option is correct.
