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stealth61 [152]

3 years ago

10

Jefferson Franklin Long, a former tailor from Bibb County, was the first African American to be elected to the U.S. Congress. Wh

ich number represents the decade in which he served?
a.2
b.3
c.4

2 answers:

Illusion [34]3 years ago

5 0

Answer THINK THE answer is D

Explanation:

PSYCHO15rus [73]3 years ago

3 0

The answer is d i just got it right so

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A mutual fund is offered with no up-front sales charge and no contingent deferred sales charge. It charges 50 basis points of 12

trapecia [35]

Answer:

The correct statement is C. This statement is misleading because a no-load fund cannot charge more than 25 basis points of 12b-1 fees

Explanation:

THIS STATEMENT IS MISLEADING BECAUSE A NO-LOAD FUND CANNOT CHARGE MORE THAN 25 BASIS POINTS OF 12B-1 FEES.

A mutual fund is not permitted to advertise itself as a "no-load" fund if it charges 12b-1 fees of more than .25% (25 basis points) annually. 12b-1 fees are charges against net asset value that pay for the cost of soliciting new investment to the fund, and they can be used to compensate salespersons that sell the fund's shares.

8 0

3 years ago

You need some money today and the only friend you have that has any is your miserly friend. He agrees to loan you the money you

Serggg [28]

Answer:

The correct option is (b)

Explanation:

Given:

Monthly payment for 6 months = $30 per month

Time period = 6 month (6 periods)

Monthly interest rate = 2%

In order to compute borrowed amount, present value of these payments need to be computed which is an annuity as same amount of $30 is paid.

Checking PVIFA table for 2%, 6 periods, annuity factor is 5.6014.

Borrowed amount = Monthly payment × PVIFA(2%,6)

= 30 × 5.6014

= $168.042

Borrowed amount is $168.042 or $168.22 approximately (difference in value due to annuity factor being rounded off)

6 0

4 years ago

At December 31, 20X3, before recognizing any depreciation expense for 20X3, X Company has a machine with an original cost of $36

shutvik [7]

Answer:

If X Company uses the units of production method for calculating depreciation, depreciation expense in 20X3 will be (rounded):

$45000

Explanation:

Cost 360000

Accum. Depre 90000

Usefull life 7

Produce 1 20000

Produce 2 10000

Produce 3 50000

80000

Deprec=cost/unit

Depre=360000/80000

Depre= 4,5

Produce 2012 20000 4,5 90000

Produce 2013 10000 4,5 45000

Produce rest 50000 4,5 225000

80000 4,5 360000

7 0

3 years ago

Wechsler Company uses the aging of accounts receivable method. The company performed an aging of accounts receivable on December

snow_lady [41]

Answer:

The amount of accounts receivable Net = 512000

so correct option is b. $512,000

Explanation:

given data

Accounts receivable = $605,000

Doubtful Accounts = $84,000

Accounts Receivable = $93,000

to find out

amount of Accounts Receivable, Net that will be reported on the balance sheet

solution

we know bad debt expense is difference between 93,000 and 84,000 i.e 9000

so new balance of Allowance for doubtful debts = 93,000

so we can say The amount of accounts receivable Net is

The amount of accounts receivable Net = 605,000 - 93,000

The amount of accounts receivable Net = 512000

so correct option is b. $512,000

4 0

4 years ago

One key characteristic that is distinctive of an oligopoly market is that Group of answer choices the demand curve facing each f

lawyer [7]

Answer:

The decisions of one seller often influence the price of products, the output, and the profits of rival firms.

Explanation:

An oligopoly is a market structure where there are only a few sellers. Therefore, around two or more firms have control over the market. Collectively, they can influence the prices and supply.

This ultimately results in high-level competition between these sellers. Since there are a few sellers in the oligopoly structure, each of these company's profit levels not only depends on the decisions made by them but also on the decisions made by their rival firms.

Hence, option no. 3 "the decisions of one seller often influence the price of products, the output, and the profits of rival firms" is correct.

7 0

3 years ago