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Natasha_Volkova [10]

2 years ago

15

Which word best completes the sentences depicte? Private Finanical institutions encourage saving and investing by paying ____ on

customer deposits. Privat Financial Instituions earn a profit by charing ____ on loans. A. Liability B. discounts C. incentives D.interest

1 answer:

Zina [86]2 years ago

3 0

A. Liability i think so

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The general ledger shows a balance of $ 66 comma 200 in the Merchandise Inventory account at the end of the period. The physical

madam [21]

Answer:

The adjusting entry includes a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,200

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale or purchase of inventory immediately

The adjusting entry is calculated by subtracting the physical inventory account from the merchandise inventory account

Given

Physical Inventory Account= $63,000

Merchandise Inventory Account= $66200

Adjusting Entry = Merchandise Inventory Account - Physical Inventory Account

Adjusting Entry = $66,200 - $63,000

Adjusting Entry = $3200

6 0

3 years ago

Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 1 $ 5

balu736 [363]

Explanation:

Since the cash flows are given in the question for the Investment A and the Investment B

So, the present value could be find out by multiplying the each year cash inflows with its discounted factor i.e 9%

So that the present value could come

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

The attachment is shown below:

4 0

3 years ago

SOMEONE PLEASE HELP ME ASAP PLEASE!!!!!

natka813 [3]

Answer:

A. it will go up

Explanation:

thats the answer

8 0

2 years ago

You want to accumulate $1 million by your retirement date, which is 25 years from now. You will make 25 deposits in your bank, w

Rom4ik [11]

Answer:

First deposit will be $11,213.87

Explanation:

To derive how much the first deposit must be, the deposit can be derived by using payment formula for growing annuity

P = FV x (r - g) / [(1 + r)^n - (1 + g)^n]

When FV = $1,000,000

r = 7%

g = 3%

n = 25

Hence, First payment will be:

P = 1,000,000 * (7% - 3%) / (1.07^25 - 1.03^25)

P = 1,000,000 * 4% / 5.427433 - 2.093778

P = 40,000 / 3.333655

P = 11998.842

P = $11,998.84

However, this formula is applicable when the payments are made at the end of the year. In this case the payments are upfront, occurring today. We need to adjust this first payment to reflect the early payment.

Hence, first payment = $11,998.84 / (1 + 7%)

First payment = $11,998.84 / (1 + 0.07)

First payment = $11,998.84 / 1.07

First payment = 11213.8691588785

First payment = $11,213.87

7 0

3 years ago

If i don't talk for awhile can i learn how to talk in a girl voice

Alex

What kind of absurd logic is that?

oh, let me not talk for a few days maybe I might end up sounding like a girl. yeah, good luck with that mate.

6 0

3 years ago