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3 years ago

9

When considering the quick service restaurant competition it would be most important for Wendy's to consider not only the offeri

ngs of burger king, McDonald's 5 guys and other hamburger chains but also the

1 answer:

Grace [21]3 years ago

6 0

Answer:b

Explanation:

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Ashlynn heard that as a general rule, she should spend no more than one week's pay on rent. If Ashlynn's salary is $32,400 per y

Trava [24]

The answer is A.$623.

4 0

3 years ago

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Seth has a monthly income of $2,500. He has a $400 car payment and owes $225 on electronic equipment. What is the percentage of

WITCHER [35]

Answer:

25%

Explanation:

Given:

Seth has a monthly income of $2,500

He has a $400 car payment

He owes $225 on electronic equipment.

Question asked:

What is the percentage of Seth's income he is paying out in debt payments?

Solution:

He has a car payment = $400

He owes on electronic equipment = $225

<em>These two items are treated as debt for Seth as these items are used first then pay for it.</em>

Total debt = $400 + $225

Total debt = $625

Now, we will find percentage of Seth's income he is paying out in debt payments,

$Percentage =\frac{Total \ monthly \ debt}{Total \ monthly\ income}$

$=\frac{625}{2500} \times100\\\\ =\frac{62500}{2500} \\\\ =25$

Therefore, 25% of Seth's income he is paying out in debt payments.

4 0

3 years ago

The bulk of evidence suggest that_______.

VashaNatasha [74]

Answer:

C

Explanation:

I’m not sure tho

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2 years ago

The time value of a call option is I) the difference between the option's price and the value it would have if it were expiring

Nat2105 [25]

Answer:

I) The difference between the option's price and the value it would have if it were expiring immediately

Explanation:

Time value in options trading simply refers to the part of an option's premium (cost or price) which is attributed to the amount of the time remaining until expiration.

An addition of the option's time value and intrinsic value equals the total premium of an option.

Therefore, we can mathematically state that:

Time Value = Option Premuim(Price) - Intrinsic Value.

The Option Premuim is an amount of money known as the price or cost.

In an exchange for the right granted by the option, an option buyer pays for the premium to an option seller.

Generally, it is seen that the more time that remains until the expiration, the greater the time value of the option. This happens as a result of investors willing to pay a higher premium for more time since the longer time taken to execute contract will be profitable due to a favorable move in the underlying asset.

Also, the lesser time remaining on an option will result in lesser willingness of investors to pay because the probability for profitability is slim.

4 0

3 years ago

Read 2 more answers

For each of the following transactions below, prepare the journal entry (if one is required) to record the initial transaction a

Nikitich [7]

Answer and Explanation:

the journal entries are as follows:

a Prepaid rent $213,000

To cash $213,000

(To record prepaid rent)

Adjusting entry:

Rent expense $71,000 ($213,000 ÷ 3)

Prepaid rent $71,000

(To record September rent expense)

b Cash $840,000

To unearned sales revenue $840,000

(To record cash received on season sales)

Adjusting entry:

Unearned sales revenue ($840,000 ÷ 12) $70,000

Sales revenue $70,000

(To record sales revenue recognised)

c Cash $300,000

Note payable $300,000

(To record note payable issued on borrowed amount )

Adjusting entry:

Interest expense ($300,000 × 6% ÷ 12) $1,500

Interest payable $1,500

(To record interest payable due)

d Prepaid advertising 3,500

To Cash 3,500

(To record cash paid for advertising)

Adjusting entry:

Advertising expense ($3,500 ÷ 60) × 20 $1,167

To prepaid advertising $1,167

e No entry

Adjusting entry:

Accounte receivable ($160,000 × 8%) $12,800

Sales revenue $12,800

(To record amout due)

6 0

3 years ago