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irga5000 [103]
3 years ago
14

For questions 1-10, fill in the blank with the letter of the term that best matches the description. 25 POINTS! PLEASE HELP ME A

SAP!!
A.Fixed costs
B.APR
C.Savings
D.Budget
E.Income Potential
F.APY
G.Refinancing
H.Withdraw
I.Cash reserves
J.Cost of living

1.Abbreviation of annual percentage rate, the interest rate applied annually to a loan or a credit card balance

2.Abbreviation of annual precentage yield, the rate of return earned in the course of one whole year,taking compounding into account, expressed as a percentage

3.Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses

4.An expense that does not vary from one time period to the next

5.To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new, lower-interest one

6.Money set aside for future use

7.To take money out of an account

8.To plan the allocation, expenditure, or use of money

9.The amount of money spent on food,clothing,accommodation, and other basic necessities

10.The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital
Business
2 answers:
dusya [7]3 years ago
7 0

Answer:

1. APR: Abbreviation of annual percentage rate, the interest rate applied     annually to a loan or a credit card balance .

2.  APY: Abbreviation of annual percentage yield, the rate of return earned in the course of one whole year,taking compounding into account, expressed as a percentage

3. Cash reserves: Cash and other liquid assets such as demand deposits or treasury bills that an individual possesses.

4. .Fixed costs:An expense that does not vary from one time period to the next.

5. Refinancing:To obtain a new loan for something on different terms, often involving the paying off of an existing high-interest loan by means of a new, lower-interest one.

6. Savings: Money set aside for future use .

7. Withdraw:To take money out of an account .

8. Budget:To plan the allocation, expenditure, or use of money .

9. Cost of living:The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital.

10. Income Potential: The amount of money that is anticipated to be received over a period of time, either as payment for work, goods, or services, or as profit on capital

Explanation:

APR means Annual Percentage Rate.

APR means Annual Percentage Yield.

Elis [28]3 years ago
3 0

1.b

2.f

3.i

4.a

5.g

6.c

7.h

8.d

9.j

10.e

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Johnson Company uses the allowance method to account for uncollectible accounts receivable. Bad debt expense is established as a
MArishka [77]

Answer:

1. The Bad debt expense for 2013 is $67,500

2. The amount of accounts receivable written off during 2013 is $69,500

3. If the company uses the direct write-off method, the bad debt expense for 2013 would be $69,500

Explanation:

1.  In order toCalculate the bad debt expense for 2013 we would have to make the following calculation:

Bad debt expense=1.5% of Net Credit Sales

=1.5%×$4,500,000

=$67,500

The Bad debt expense for 2013 is $67,500

2. In order to Determine the amount of accounts receivable written off during 2013 we would have to make the following calculation:

amount of accounts receivable written off=$42,000+$67,500-$40,000

amount of accounts receivable written off=$69,500

The amount of accounts receivable written off during 2013 is $69,500

3. Using direct write off method, the bad debt expense is recognized only when the actual bad debt is incurred. The actual bad expense would be the amount of accounts receivable written off during the year. Accounts receivable written off during the year would be same in both the methods.

Thus, the bad debt expense for the year 2013 would be $69,500.

4 0
3 years ago
"Other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quan
Daniel [21]

Answer:

d. All of the above are correct

Explanation:

Demand refers to the quantities of a product that buyers are willing to purchase at a given price over time. The relationship between demand and price is explained in the law of demand. The law asserts that everything else remaining constant, the demand for a product is indirectly related to its price.

The demand curve illustrates the relationship between price and demand for a service or product. The curve is downward sloping showing how the quantity demanded changes with changes in price. Most goods will behave as per the demand curve. However, inferior goods tend to behave differently. An increase in income reduces the demand for an inferior product.

6 0
3 years ago
The use of effective contracts with penalties could reduce which form of supply chain risk?
Evgen [1.6K]

The use of effective contracts with penalties could reduce the following forms of supply chain risks:

  • Distribution
  • Logistic delays or damages
  • Supplier failure to deliver

<h3>What are supply chain risks?</h3>

Supply chain risk management is "the implementation of strategies to manage routine and non-routine risks in the supply chain to reduce vulnerability and ensure continuity based on ongoing risk assessment".

<h3>What are effective contracts?</h3>

Most contracts only need to contain two elements to be legally effective: the parties must agree (after one party has made an offer and the other has accepted it).

Something of value, such as money, services or goods (or a promise to exchange such goods) must be exchanged for something else of value.

Learn more about Effective Contracts:
brainly.com/question/984979

#SPJ1

Full Question

The use of effective contracts with penalties could reduce which form of supply chain​ risk?

A. Distribution

B. Logistic delays or damages

C. Supplier failure to deliver

D. All of the above Question:

7 0
1 year ago
The following errors took place in journalizing and posting transactions:
kirill115 [55]

Answer: See explanation

Explanation:

The journal entry to correct the errors is given below:

a. Dr Cash $8400

Cr Account receivable $8400

b. Dr Supplies $2500

Cr Office equipment $2500

Dr Supplies $2500

Cr Account Payable $2500

Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.

6 0
3 years ago
If the money supply is​ $500 and nominal income is​ $3,000, the velocity of money is A. ​1/60. B. ​1/6. C. 6. D. 60.
algol [13]

Answer:

The correct option is c.6

Explanation:

For computing the velocity of money, the following formula should be used which is shown below:

The Velocity of money = Nominal income ÷ money supply

where,

Nominal income is $3,000

and, the money supply is $500

Now put these values to the above formula so that we can find out the answer

So, the answer would be equal to

= $3,000 ÷ $500

= 6

Thus, the velocity of money is 6

Hence, the correct option is c.6

5 0
3 years ago
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