Answer:
$1,306,986
Explanation:
Calculation to determine What is the levered value of the equity
First step is to calculate the VL
VL = {[$338,000 × (1 - .34)] / .142} + (.34 × $400,000)
VL= $1,706,986
Now let calculate the levered value of the equity (VE)
VE = $1,706,986 - $400,000
VE = $1,306,986
Therefore the levered value of the equity is $1,306,986
Option 2, When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a debit to Cash and a credit to Merchandise Inventory.
When goods are returned, the accounts receivable or cash account is credited to repay cash or lower what the buyer owes, and the sales returns and allowances account is debited to reduce sales. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account. The cash account and buyer sales account are the accounts involved in a transaction when goods are sold for cash. It debits the cash account and credits the sales account.
learn more about Merchandise Inventory here:
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Answer:
B
Explanation:
Reserves J: Excess reserves J: Loans J: Deposits ;Money supply
Answer:
$1,264.50
Explanation:
Calculation for the amount of commission Julie must pay.
Using this formula
Commission=Investment amount× Fund charges percentage
Let plug in the formula
Commission= $28,100 × 0.045
Commission= $1,264.50
Therefore the amount of commission Julie must pay is $1,264.50
Hello <span>Wahsorad4380 </span>
Question: The bretton woods agreement incorporated all of these features except ________.<span>
Answer: floating exchange rates
Hope This Helps!
<u>-Chris</u></span>
