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agasfer [191]
3 years ago
6

Im 19 year old and i am a driver can i carry passengers in my car. I live in California

Business
1 answer:
Viefleur [7K]3 years ago
5 0
Yes you can. The hand book says a minor and minors are under 18. I hope I helped you.
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If a fixed asset, such as a computer, were purchased on January 1st for $3,750 with an estimated life of 3 years and a salvage o
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Answer:

2. EOM Depreciation Expense 100 Accumulated Depreciation 100

Explanation:

The journal entry to record the monthly expense under straight-line depreciation is shown below:

EOM Depreciation Expense A/c Dr $100

      To Accumulated Depreciation A/c $100

(Being depreciation expense is recorded)

The computation is shown below:

= (Purchase value of a fixed assets - estimated residual value) ÷ (useful life × total number of months in a year)  

= ($3,750 - $150) ÷ (3 years × 12 months)  

= ($3,600) ÷ (36 years)  

= $100

4 0
3 years ago
A $5 million deposit outflow from a bank has the immediate effect of
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Answer:

C. Reducing deposits and reserves by $5 million.

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3 years ago
Calculate the required rate of return for an asset that has a beta of 1.73​, given a​ risk-free rate of 5.3​% and a market retur
Mumz [18]

Answer:

 

(a)    13,3%

(b) 18,1%

Explanation:

To calculate the required rate of return for an assets it's necessary to use the CAPM (Capital Asset Pricing Model) model which considers these variables to estimate the required return of an assets, the model states the next:

ER = Rf  +   Bix( ERm - Rf )  

ER : Expected Return of Investment    

Rf : Risk-Free Rate    

Bi : Beta of the Investment    

ERm : Expected Return of the Market    

(Erm-Rf) :    Market Risk Premium    

It tries to explain the relationship between the systematic risk ((Erm-Rf  Market Risk Premium) of the market and the expected returns for assets.

5 0
3 years ago
Cashiers at the supermarket are allowed to adjust the price of an item up to a maximum of​ $5.0 without getting the​ manager's a
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I didn't even read it
8 0
3 years ago
Sales to customers who use bank credit cards such as mastercard and visa are usually recorded by:a. Debit to Cash and a credit t
algol13

Answer:

c. Debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales

Explanation:

The journal entry is shown below:

Bank credit card sales A/c Dr XXXXX

Credit card expense A/c Dr XXXXX

       To Sales A/c XXXXX

(Being the sales is recorded via bank credit cards)

As the credit card has some expense so we debited the credit card expense along with the bank credit card sales and credited the sales as it is revenue which is to be credited

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3 years ago
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