If you invest $9200 in a savings account with a yearly interest rate of 3% for 7 years, how much simple return did you earn....

Which of the following will probably earn a higher level income?

aleksley [76]

In my opinion D. a female accountant with a masters degree in business administration, will earn a higher level of income. <em>Explanation- if she has a masters then they may accept her in jobs other people are not able to get without a masters, they may also pay her higher because of it.</em>

<h3>Hope this will help- for more help follow me, or contact me</h3>

7 0

3 years ago

Read 2 more answers

Saskatchewan Forestry Company purchased a timber tract for $225,000 and estimates that it will be depleted evenly over its 10-ye

ale4655 [162]

Answer:

generally you need to determine the cost per unit, but in this case you are given a percentage of depletion = 10% x $225,000 = $22,500 which determines the inventory value (or depletion expense if the timber is sold) during the year.

the journal entry should be:

December 31, 20xx

Dr Timber inventory 22,500

Cr Accumulated depletion - timber tract 22,500

5 0

2 years ago

The people of Texas authorize the borrowing of money on behalf of government through

Pachacha [2.7K]

Answer:

The people of Texas authorize the borrowing of money on behalf of government through:

Special Elections

Explanation:

The special elections generally are held to fill the vacant seat of member of house of representative in case of death or resignation and are called by the governor.
The special elections in Texas are held to fill the vacant seat of member of house of representative, to give approval for the borrowing of money on the behalf of government and to ratify the amendments occurred in the constitution of the state.

3 0

3 years ago

Record adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are mad

elena-s [515]

Answer:

1. Dr Account receivable $20,500

Cr Service revenue $20,500

2. Dr Interest receivable $450

Cr Interest revenue $450

3. Dr Account receivable $1,420

Cr Service revenue $1,420

Explanation:

Preparation of the adjusting journal entries for each of the following for year ended December 31.

Based on the information given the adjusting journal entries for each of the following for year ended December 31 will be :

1. Dr Account receivable $20,500

Cr Service revenue $20,500

(Being to record Accounts Receivable)

2. Dr Interest receivable $450

Cr Interest revenue $450

(Being to record Interest receivable)

3. Dr Account receivable $1,420

Cr Service revenue $1,420

(Being to record Accounts Receivable)

5 0

2 years ago

The following data pertains to activity and maintenance costs for two recent years:

Aleksandr-060686 [28]

Answer:

Y= 6000 + 0.75X

Explanation:

High and low cost technique

Using the a high and low technique, total cost can be analysed and separated into fixed and variable portion. This analysis helps in the forecast of cost and therefore important for the preparation of budget.

<em>Variable cost of maintenance</em>

= (Cost at high activity - Cost at low activity)/ (high activity - low activity)

VC per act. = ( $15000 - $12000)/(12,000-8000)

= $0.75 per activity

<em>Fixed cost of maintenance</em>

= Total cost at high activity - (VC per act × high activity)

= $15,000 - ( $0.75 × 12,000)

= $6,000

The cost formula will be:

Y= 6000 + 0.75X

Where Y = maintenance cost, X= level of activity

6 0

2 years ago