Answer:
Debit Office supplies, $500; credit Accounts payable, $500.
Explanation:
Purchase of supplies on credit will increase the supplies and increase the account payable balance as well. Supplies account is an asset account therefore it has debit balance and Account payable is a liability account so it has credit balance. To reflect the event following Journal entry is recorded.
Debit Office supplies $500
Credit Accounts payable $500
Answer:
p = $2.51
Explanation:
Given:
- D = $0.50
- Stock price: $29 (s)
- Interest rates: 10%.
- Strike price of $30 : $2 (c)
To find the the price of a European put option, we use here pit call parity that is
:
c - p = s - k 
- D
<=> p = c - s + k + D
<=> p = 2 -29 + 30
+ 0.5
<=> p = $2.51
Hope it will find you well
Answer: $0
Explanation:
The cyclical deficit occurs when there is a different between the actual output and the potential output. This is why it is calculated by the formula:
= Tax rate * ( Potential output - Actual output)
As the economy here is at the potential output, it means that both the actual and the potential output are the same. In such a case, there would be no cyclical deficit.
This can be proven by the formula:
= Tax rate * ( Potential output - Actual output)
= 30% * (0)
= $0
<span>Terry's employer withholds $85.80 in federal income tax by using the percentage method. This method states that is a single person's salary exceeds $645.00 per week they pay $81.90 plus 25% more for anything over $645.00. Based on the tax withholding, Terry makes $660.60 per week.</span>
The customers that help the profitability and growth of an organization are those that purchase products consistently. You must sell a product to have a profit. Those customers who are serious about their health and purchase products to improve their health help companies remain profitable. When you use up a product, you have to buy more. This is repeat business and helps the company maintain profitability.
