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3 years ago

11

Money includes only the few types of wealth that are regularly accepted by sellers in exchange for goods and services. true or f

alse

2 answers:

Rom4ik [11]3 years ago

7 0

Answer: True

Explanation: think about reality what do people do for money

Yuri [45]3 years ago

6 0

Answer:

True

Explanation:

other than mone and other services most people will not accept anything else

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The process of leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting th

hichkok12 [17]

Compounding is known as the act of leaving your money and other accumulated interest in an investment for more than one period.

<h3>How do you explain the word compounding?</h3>

Compounding is known to be the method used when an interest is credited to a specific existing principal amount and also to interest already paid.

It is the act of letting go of one's money and other compiled interest in an investment for a long time.

learn more about Compounding from

brainly.com/question/2449900?source=archive

5 0

2 years ago

On January 2, 2009, L Co. issued at par $20,000 of 4% bonds convertible in total into 1,000 shares of L's common stock. No bonds

MrRissso [65]

Answer:

The correct answer is $1.2 per share.

Explanation:

According to the scenario, the computation of the given data are as follows:

Interest expense of Bonds = $20,000 × 4% = $800

Now, Interest expense of Bond, After tax = $800 × ( 1 - 50%) = $800 × 0.50

= $400

So, we can calculate the diluted earning by using following formula:

Diluted Earning = (Net income + Interest expense after tax) ÷ Total outstanding shares outstanding

Where, Total outstanding shares = 1,000 shares + 1,000 shares = 2,000 shares

By putting the value, we get

Diluted earning = ($2000 + $400 ) ÷ 2,000

= $1.2 per share

4 0

3 years ago

What is the real advantage to a franchise? They already have all of their signs and menus prepared. When a company is able to of

11111nata11111 [884]

Answer: When a company is able to offer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base, as well.

A franchise is a kind of a license which allows the party who acquires it (franchisor) access to an business' (franchisor's) proprietary knowledge and processes in order to sell products or provide services under the franchisor's name.

A franchisee associates itself with a well proven business model and gains access to the franchisor's customer base. Additionally, the franchisor provides assistance by training the franchisee and his personnel to provide a uniform product or service experience to customers across all the stores.

All these factors help in eliminating business risk and this constitutes a real advantage to a franchise.

6 0

3 years ago

Read 2 more answers

During June, Vixen Fur Company sells $850,000 in merchandise that has a one year warranty. Experience shows that warranty expens

stepan [7]

Answer:

Debit Estimated Warranty Liability $14,000; credit Merchandise Inventory $14,000.

Explanation:

The journal entry is shown below:

Estimated Warranty Liability A/c Dr $14,000

To Merchandise Inventory $14,000

(Being the customer warranties is settled)

Since we have to settle the customer warranties, so we debited the estimated warranty liability account and credited the merchandise inventory account

Hence, all other options are wrong except last one

3 0

3 years ago

Types of Financial Assets Match the description of the security to the type of financial asset. A security that provides a payof

IRISSAK [1]

Answer: Derivative security

Explanation:

Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.

A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.

6 0

3 years ago