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3 years ago

Investing in a global stock fund is a good idea to

Business

1 answer:

Serga [27]3 years ago

3 0

Answer:

I inves in stocks myself. you need to buy the stocks when they are cheap, but only if they are going up in price. if the reach a plateau, or if they start loosing value, sell them and you could make a huge profit.

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A Chinese exporter sells $200,000 of toys to a French importer. The Chinese exporter requires the French importer to obtain a le

GuDViN [60]

Answer:

0.0416483 or 4.16%

Explanation:

Annual percentage rate, APR = 4%

Value of toys sold = $200,000

Note period = 90 day

N = 365 ÷ 90

= $200,000 × [1 - (0.04 × 90/360)]

= $198,000

Effective annual financing cost:

$=(\frac{Value\ of\ toys\ sold}{Calculated\ value} )^{\frac{365}{90} }-1$

$=(\frac{200,000}{198,000} )^{\frac{365}{90} }-1$

= 1.0416483 - 1

= 0.0416483 or 4.16%

4 0

2 years ago

On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 400,000 shares of $10 par common stock at $18, and on Nov

ivann1987 [24]

Answer: The answer is as follows:

Explanation:

Journal entries are as follows:

For October 31:

Cash (400,000 × $18) $7,200,000

Common stock (400,000 × $10) $4,000,000

Paid in capital in excess of par value-common stock $3,200,000

( record of issuing common stock)

For November 19:

Cash (50,000 × $80) $4,000,000

Preferred stock (50,000 × $75) $3,750,000

Paid in capital in excess of par value-Preferred stock $250,000

( record of issuing preferred stock)

8 0

3 years ago

A company's chart of accounts is: a detailed list of the accounts that make up the five financial statement elements. the set of

polet [3.4K]

Answer:

A detailed list of the accounts that make up the five financial statement elements.

Explanation:

The company's chart of accounts is the listing of all the accounts that the company has included as part of the five financial statement elements during a specific period of time.

The five financial statement elements are: assets, liabilities, equity (part of the balance sheet), expenses and revenues (part of the income statement).

Examples of accounts that can be part of a firm's chart of accounts are: land (asset), cash (asset), notes payable (liabilities), outstanding stock (equity), operating expenses (expenses), and sales revenue (revenues).

The chart of accounts can differ greatly from company to company simply because companies engage in vastly different economic activities.

8 0

3 years ago

Maintaining ___________ involves producing what the customer wants while reducing errors before and after delivery to the custom

earnstyle [38]

Answer:

Quality

Explanation:

In business terms the quality is the level of service or product meets the customer's expectation. Customer want a good quality product or service in a competitive price. Some customers can compromise on the price factor but they require high quality without any error or defect. So, producing what customer wants is called Quality.

5 0

3 years ago

Read 2 more answers

Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII estimated the following stand

Nitella [24]

Answer:

Direct labor efficiency variance= 0

Explanation:

Giving the following information:

Direct labor 0.2 hours $ 35 per hour. During June, Heavy Products produced and sold 16,000 containers using 3,200 direct manufacturing labor-hours at an average wage of $ 51.00 per hour.

Direct labor efficiency variance= (Standard Quantity - Aactual Q)*standard rate

Direct labor efficiency variance= (0.2*16,000 - 3,200)*35= 0

5 0

3 years ago