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valentina_108 [34]
3 years ago
8

Which accounting principle states that all transactions have two aspects: debit and credit?

Business
1 answer:
fomenos3 years ago
3 0

Answer:

The answer is c

Explanation:

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On September 1, 2016, Sam's Shoe Co. Issued $390,000 of 10% bonds. The bonds pay interest semiannually on January 1 and July 1 o
Leni [432]

Answer:

Explanation:

It is given that the bonds were sold at the face amount which is 390,000

This means that Sam's Shoe Co. received 390,000 because of the issue of bond

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4 years ago
Can I get a bunch of different opinions on this job application I'm about to turn in. Is there anything I should add or remove b
Tamiku [17]
It seems fine to me at the part where it says when you work if you are going to abbreviate days then abbreviate them all and that's pretty much all I have to say
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4 years ago
"As a financial analyst, you are tasked with evaluating a capital budgeting project. You were instructed to use the IRR method a
notsponge [240]

Answer:

A. 13.8

Explanation:

In this question, we are applying the Capital Asset Pricing Model (CAPM) formula shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 4% + 1.4 × (11% - 4%)

= 4% + 1.4 × 7%

= 4% + 9.8%

= 13.8%

The Market rate of return - Risk-free rate of return) is also called as the market risk premium.

8 0
3 years ago
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3 years ago
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Closing a sale refers to: A. asking for a referral from a prospective customer.B. being turned down by a prospective customer.C.
ki77a [65]

Answer:

D. obtaining a commitment from the customer.

Explanation:

Closing a sale is the equivalent of making a sale.

To consider a sale done, you need to have a commitment from the customer to buy the product/service you're offering.  That usually mean receiving money or at least firming a binding contract.

None of the other options is describing a complete sale. A and C are potential leads/sales... while B if of course the opposite of closing a sale.

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3 years ago
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