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3 years ago

Match the definition with the term.

Business

1 answer:

RSB [31]3 years ago

3 0

Answer:

a. It is a collection of all accounts with their activity and balances that exist in a business. - A general ledger

The General Ledger is the central record in an accounting system and contains a record of all financial transactions in the company.

b. It is a book of original entry that includes a chronological record of all transactions that Have occurred within a business during a period occurred. - A Journal

When a transaction takes place in a business, it is recorded first in a Journal. As such, a journal contains a chronological record of all transactions that have occurred within a business during a period occurred.

c. It is a list of each account and its balance at any given time and is used to verify that debits = credits . - Trial Balance

The Trial Balance helps a business balance its debits and credits by listing them so then equating them to verify that indeed the debits match the credits.

d. It is a list of all ledger accounts which exist in a business and includes an identification number assigned to each account . - A chart of accounts

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The Janissaries were___________.A)slave women who lived in the sultan's harem.B)Christian boys taken from conquered territories

Drupady [299]

Answer:

The answer to this question is B. Christian boys taken from conquered territories and raised as special forces.

Explanation:

The Janissaries were Christian boys, that were taken as salves from the Balkan region (Southeast Europe) that ended up in Anatolia (west Asia) and were indoctrinated into Islam and circumcised.

They were made to go through rigorous training, and they earned the rank of Janissary upon reaching 24 or 25 years of age.

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4 years ago

Read 2 more answers

Walsh Company is considering three independent projects, each of which requires a $4 million investment. The estimated internal

Softa [21]

Answer:

36%

Explanation:

The computation of the dividend payout ratio is shown below:

The dividend payout ratio is

= (Dividend ÷ total net income) × 100

where,

Dividend = Net income - equity amount

The net income is $7,500,000

And, the equity amount is

= $8,000,000 × 60%

= $4,800,000

So, the dividend is

= $7,500,000 - $4,800,000

= $2,700,000

As we can see that the IRR is more than the cost of capital in case of project Project H and Project M so we take the equity amount of this two projects

Now the dividend payout ratio is

= ($2,700,000 ÷ $7,500,000) × 100

= 36%

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3 years ago

Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has esti

sleet_krkn [62]

Answer:

economic order quantity = 19 units

Explanation:

given data

Annual Demand = 850 units

Cost of carrying = $65 per unit

Ordering Cost = $14

solution

we get here economic order quantity that is

economic order quantity = $\sqrt{\frac{2 * Annual Demand *Ordering Cost}{
Cost of carrying}}$ .....................1

put here value we get

economic order quantity = $\sqrt{\frac{2*850*14}{65}}$

economic order quantity = 19.13514

economic order quantity = 19 units

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3 years ago

The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $25,000. There a

kvv77 [185]

Answer:

$9.79

Explanation:

The computation of the net asset value of the fund is shown below:

Net asset value of the fund = Equity ÷ Total outstanding shares

where,

Equity

= Total assets - total liabilities

where,

Total assets equal to

= 220,000 shares × $35 + 320,000 shares × $40 + 420,000 shares × $15 + 620,000 shares × $20

= $7,700,000 + $12,800,000 + $6,300,000 + $12,400,000

= $39,200,000

And, liabilities is $25,000

So, the net asset value of the fund equal to

= ($39,200,000 - $25,000) ÷ (4,000,000 shares)

= $9.79

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3 years ago

Purple Feet Wine, Inc., receives an average of $14,000 in checks per day. The delay in clearing is typically four days. The curr

Dominik [7]

Answer:

The correct answer is $56,000.

Explanation:

According to the scenario, the given data are as follows:

Average checks per day = $14,000

Days in clearing = 4 days

Interest rate = 0.018% per day

So, we can calculate the company's float by using following formula:

Company's Float = Average checks per day × Days in clearing

By putting the value in the formula, we get

Company's Float = $14,000 × 4

= $56,000

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3 years ago