They are an example of government agency of which they are
responsible of providing specific services to its people in either a federal,
state, city or even country. Examples of these are mentioned above such as the
U.S department of commerce and the census bureau.
Answer:
rate of return 9.22%
Explanation:
15% return on fund value - 2.4% fund expenses = 12.6% net fund gain
then, the shares were purchased with a loan which required to paiy 3% of interest up-front
therefore, we didn't invest 100% of the loan but 97%
0.97 x .126 = 0,12222
now, we subtract the 3% paid of interest:
.1222-0.03 = .0922 = 9.22%
Answer: A.) $1,095
Explanation:
Bond value = $30,000
Rate = 7%
Period = 10 years
Issue price = $29,100
Bond value × rate :
30,000 × 0.07 = $2100
Semi annually:
$2100 / 2 = $1050
(Bond value - issue price) ÷ (period × 2)
($30,000 - $29,100) / (10 × 2)
$900 ÷ 20 = $45
$1050 + $45 = $1,095
Answer: Please see explanation for answers
Explanation:
Journal to record establishment of fund
Date Account titles and explanation Debit Credit
Sept 9 Petty cash $350
To Cash $350
Journal to record the reimbursement of petty cash fund
Date Account titles and explanation Debit Credit
September 30 printing expenses $40
Postage expense $123
Miscellaneous expenses $80
Cash shortage - not accounted for $3
To Cash $246
Journal to show the increment of fund to $400
Date Account titles and explanation Debit Credit
October 1 Petty cash $50
To Cash $50
Calculation : ($400 - $350)=$50
<span> A real estate agent who is a member of the National Association of REALTORS, which means that he or she must uphold the standards of the association and its code of ethics.</span>