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3 years ago

Select the correct answer from the drop-down menu.

2 answers:

4 0

When you earn college credit from courses you take in high school, you don't have to retake that course in college. Therefore, you might be able to graduate early and pay less tuition.

A. don't have to pay as much for tuition

astra-53 [7]3 years ago

4 0

Answer:

Don't have to pay as much for tuition ( A )

Explanation:

Earning a college credit in high school helps you to be exempted from taking those college courses again when you go to college because you have already undertaken them and obtained credit on them while still in High school.

The lesser the courses you take in college the lesser your tuition fees so you don't have to pay as much as other students taking more course than you. it also takes a shorter time to graduate from college if your courses are fewer than the required/maximum number. lesser courses also means lesser homework and less time spent on solving homework. another advantage of lesser courses is that it frees up time for you to take a second degree if you so desire.

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Savannah Corporation purchased 35,000 shares of common stock of the Boulet Corporation for $50 per share on January 2, 2017. Dur

Elena L [17]

Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.

<h3>Amount to be reported as revenue</h3>

First step

Percentage ownership=35,000/140,000 shares ×100

Percentage ownership=25%.

Second step

Using equity method

Revenue from investment=25%× $320,000

Revenue from investment=$80,000

Therefore Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.

Learn more about revenue here:brainly.com/question/24280609

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5 0

2 years ago

Which of the following sentences uses the term ration correctly?

lisabon 2012 [21]

Answer:

The last one.

We had to ration the food to make it last the whole week.

Explanation:

Look up the meaning of ration and it'll make sense.

4 0

2 years ago

When determining its marketing mix for a new product, a company decides to price the item in the discount category, with low-cos

Andrews [41]

The given statement " When determining its marketing mix for a new product, a company decides to price the item in the discount category, with low-cost packaging. The company would most likely choose a minimal promotions strategy with few, if any, broad communications " is TRUE.

Explanation:

The marketing mix relates to the series of measures or strategies used by a corporation to sell a commodity or product on the marketplace.

The 4Ps represent a traditional marketing blend, including price ,product ,promotion and place.

Define the firm's Single Sales Proposal (USP).
Describe the brand target audience.
Define in depth the element.
Develop a product pricing plan.
Recognise the market location of the product. Specify the advertising techniques you are using for the product.

5 0

3 years ago

A hedge fund with $1 billion of assets charges a management fee of 2% and an incentive fee of 20% of returns over a money market

iren [92.7K]

Missing information:

a. −5%

b. 0

c. 5%

d. 10%

Answer:

a. only management fees = $20,000,000

b. only management fees = $20,000,000

c. only management fees = $20,000,000

d. $30,000,000 (management fees + $10 million incentive fee)

Explanation:

management fee 2%

incentive fee 20% of returns if total returns are over 5%

common fees for every situation (managers always win even if investors lose):

$1,000,000,000 x 2% = $20,000,000

a. −5% , no incentive fee

b. 0 , no incentive fee

c. 5% , no incentive fee

d. 10%, incentive fee = (10% - 5%) x 20% x $1,000,000,000 = $10,000,000

6 0

3 years ago

Accurate Builders construction company was incorporated by John Davis. Assume the following activities occurred during the year:

AfilCa [17]

Answer:

1. For each of the preceding transactions, record the effects of the transaction in the appropriate T-accounts.

The truck purchased for personal use is not part of the corporation's assets, therefore it should not be included. The rest of the T accounts are:

Cash Common stock

Debit Credit Debit Credit

60000 300

9000

2500

12000

36500

APIC - Common stock Land

Debit Credit Debit Credit

94700 35000

Equipment Notes payable

Debit Credit Debit Credit

36000 27000

12000

15000

Notes receivable

Debit Credit

2500

2. Using the balances in the T-accounts, fill in the following amounts for the accounting equation:

assets = liabilities + equity

cash $36,500

c.s. $500

a.p.i.c. $94,700

land $35,000

equip. $36,000

notes p. $15,000

notes r. $2,500

assets = liabilities + equity

$110,000 = $15,000 + $95,000

3. Compute the market value per share of the stock.

Since the company doesn't have any revenues yet, we can only calculate the book value of the stocks = equity / total shares outstanding = $95,000 / 3,000 stocks = $31.67

6 0

3 years ago