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4 years ago

People earn what by working to produce goods and services

Business

2 answers:

raketka [301]4 years ago

7 0

People eatn money or income

Ira Lisetskai [31]4 years ago

4 0

Money/Income/Wage i dunno which one people use where you live

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The debt created by a business when it borrows from a vendor or supplier is called a(n):

Tatiana [17]

Answer: Account payable

Explanation:

The account payable is one of the type of department which track all the expenditures, purchasing order statement and the payment.

The main responsibility of the account payable is that it maintain all the historical records of the payment and also balance all the debt system. It is the process of recording all the important information or the data.

According to the given question, the debt basically created by the business during the process of borrows from the supplier or the vendors is known as the account payable.

3 0

3 years ago

Read 2 more answers

The price of a stock is:_______.a) the future value of all expected future dividends, discounted at the dividend growth rate. b)

goldfiish [28.3K]

Answer:

The answer is D.

Explanation:

The price of a stock is also known as price of equity. This is the price the equity of a company is presently worth. The price the potential investors will be able to purchase it. One of the ways of calculating price of a stock is the Dividend Discount Model which can be calculated by:

Ke = (D1÷Po) - g

Ke is the Cost of equity(i.e the required rate of return for investors)

D1 is the next year dividend payments

Po is the price of the stock

g is the expected dividend growth rate

To get Po, we can rewrite the formula as:

Po = D1÷Ke - g÷Ke

We can see now that the expected future dividends will be discounted at the ''Ke'' which is the investors'required rate of return

5 0

3 years ago

Jervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% f

Natasha2012 [34]

Answer:

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

Explanation:

Step 1 of 2

Calculate the amount of factoring fee.

Factoring fee = 5% ×Account Receivable

=5%×$75,000

=$3,750

Step 2 of 2. Journey record. Image attached.

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

4 0

4 years ago

Presented below are certain account balances of Swifty Products Co. Rent revenue $6,980 Sales discounts $8,170 Interest expense

svetlana [45]

Answer and Explanation:

The computation is shown below:

Sales revenue $405,100

Add: Rent revenue $6,980

Add: Dividend revenue $71,430

Less: Sales returns and allowances $(12730)

Less: Sales discounts $(8170)

Sales revenue 405100

Add: Rent revenue 6980

Add: Dividend revenue 71430

Less: Sales returns and allowances (12730)

Less: Sales discounts (8170)

Total net revenue $462,610

Total net revenue $462,610

Less: Expenses

Interest expense $13,320

Selling expenses $99,730

Income tax expense $27,776

Cost of goods sold $166,455

Administrative expenses $88,620

Total Expenses $395,901

Net income $66,709

Net income $66,709

Less: Allocation to noncontrolling interest $17,320

Income attributable to controlling stockholders $49,389

5 0

3 years ago

A fixed-income security pays Group of answer choices a variable level of income for owners on a fixed income. a fixed level of i

nydimaria [60]

Answer:

C. A fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security

Explanation:

A fixed income security is a type of investment that provides returns in form of regular, or fixed, interest payments and repayments of the principals when the security reaches maturity.

From the explanation above, the best possible answer is C. A fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security

7 0

3 years ago