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3 years ago

A map from trade development commissions or chamber of commerce can be more useful that google maps for identifying

1 answer:

8 0

A map from trade development commissions or chamber of commerce can help identify major areas of commerce and location.

Explanation:

Google map helps with location of building but will not give information about the commerce aspect of the building.

But since the Trade Development Commission has exclusive responsibility to provide that, then it will be more useful to identify major areas of commerce and their locations.

#learnwithbrainly

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Inflation is defined as a rise in the general level of prices. When inflation occurs, the buying power of the dollar would:

Anuta_ua [19.1K]

Answer: the buying power of the dollar would: decrease.

Explanation:

Purchasing power means the amount of goods that can be bought with the given unit of money. The value of the dollar decreases when there is an inflation. Inflation reduces money value by raising the prices of the goods and services in the country.

Purchasing power can be compared with the salaries received 50 years ago and current salaries. Though the current salaries have increased the prices of the goods have also increased accordingly. Which can also be termed as increased cost of living.

5 0

3 years ago

When recording the payment of interest using the effective-interest method, the entry will include a ______ to Discount on bonds

goldfiish [28.3K]

Answer:Debit , market, stated.

Explanation: An actual payment of interest from a payables account is always entered as a debit in that account ledger. Then when calculating the effective interest : it is the the difference between the cash payment based on the market interest rate and interest expense based on the stated interest rate.

6 0

3 years ago

"A customer has purchased 1,000 shares of ABC stock at $44 per share, paying a commission of $1.00 per share for the transaction

ikadub [295]

Answer:

1,200 shares held at a cost basis of $37.50

Explanation:

Since there are 1,000 shares are purchased

and the stock dividend is 20%

So the number of shares after the dividend is

= 1,000 × (1 + dividend percentage)

= 1,000 × (1 + 0.20)

= 1,000 × 1.20

= 1.200

And, the price per share is

= $44 + $1

= $45

So, the cost basis would be

= $45 ÷ 1.20

= $37.50

hence, the tax status of the investment is 1,200 shares held for cost at $37.50 basis

5 0

3 years ago

The common stock of the Avalon Corporation has been trading in a narrow range around $40 per share for months, and you believe i

Sergeu [11.5K]

Answer:

$700

Explanation:

Given that

Price of a 3 month put option = $3

Price of a 3 month call option = $4

Considering the above

Selling the straddle = sell a put + sell a call

Thus,

Total premium income from selling a stradle = (P + C)100

Where,

P is price of put

C is price of call

Therefore,

Total premium from selling a stradle

= (3 + 4)100

= 7 × 100

= $700

4 0

3 years ago

Read 2 more answers

Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $14,800. The bank reconciliation for the period showe

emmasim [6.3K]

Answer: The correct answer is "(A) Debit Accounts Receivable and credit Cash for $560".

Explanation: The non-existent 560 must be adjusted in the cash account, and the 560 receivable must be added to the third party that issued the check in the "accounts receivable" account.

The entry would be:

--------------------------------- . ------------------------------------------

Accounts Receivable 560

Cash 560

--------------------------------- . --------------------------------------------

6 0

3 years ago