Answer:
Debit Accounts Receivable, $225; credit Fees Earned, $225
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Answer:
3 1/3 years
Explanation:
Payback period is the time required for the inflows from a project to be equal to the initial outflow for the project. It is a key consideration in capital budgeting. It is usually assumed that the outlay or initial outflow is made in year 0 and the first inflow comes in after a year.
Year Cash outflow Cash inflow Balance
0 ($50,000) - ($50,000)
1 - $15,000 ($35,000)
2 - $15,000 ($20,000)
3 - $15,000 ($5,000)
4 - $15,000 $10,000
5 - $15,000 $25,000
Hence the payback period
= 3 years and 5000/15000 * 12 months
= 3 years 4 months
= 3 1/3 years
<span> B.You have health insurance with a $500 deductible.
hope this helps.</span>
Answer:
Entry is given below
Explanation:
Bought shares 6 months ago = 400shares x $60/share
Bought shares 6 months ago = $24,000
Sold shares = 400shares x $40/share
Sold shares = $16,000
Loss on sales proceeds = $24,000 - $16,000
Loss on sales proceeds = $8,000
Entry:
DEBIT CREDIT
Cash $16,000
Loss on sale $8,000
Shares $24,000
Answer:
Explanation: Selmer and Leung (2003c) found that female expatriates have the same general adjustment as male expatriates, but with higher levels of work adjustment and better interaction adjustment. A replication study by Haslberger (2010) confirms that the adjustment patterns of male and female expatriates are different.
