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3 years ago

Which of the following is a part of applying for a loan?

Business

1 answer:

nlexa [21]3 years ago

8 0

answer:

a good credit score :)

explanation:

lol well u need to then pay the money back and u do need a good credit score bc if u dont then then they cant trust you and they don't believe you will the money back.

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Suppose Piranha.com sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10, 2018 to The Textbo

nadezda [96]

Answer:

The journal entries are as follows:

(1) (i) On October 10, 2018

Merchandise inventory A/c (3,500 × $17) Dr. $59,500

To Accounts payable (Piranha) $59,500

(To record the purchase of books)

(ii) On October 13, 2018

Accounts payable A/c (100 × $17) Dr. $1,700

To merchandise inventory $1,700

(To record the purchase return of book)

(2) (i) On October 10, 2018

Accounts receivable A/c Dr. $59,500

To sales

(To record the sales of book)

Cost of goods sold A/c Dr. $35,700

To merchandise inventory $35,700

(To record the cost of goods sold of book)

(ii) On October 13, 2018

Sales return and allowances A/c Dr. $1,700

To accounts receivable $1,700

(To record the sales return of book)

Merchandise inventory A/c Dr. $1,020

To cost of goods sold $1,020

(To record the cost of good return)

5 0

3 years ago

Which job analysis method requires subject-matter experts to evaluate a job in terms of abilities required to perform the job

Alexxx [7]

Answer:

Fleishman Job Analysis System

Explanation:

Fleishman Job Analysis System. Job analysis technique that asks subject-matter experts to evaluate a job in terms of the abilities required to perform the job. - useful for employee selection, training, and career development Competency.

5 0

2 years ago

James Stillman is an investment adviser representative with Rock, Feller, and Standard (RFS), a covered adviser with its princip

liubo4ka [24]

Answer:

Stillman should register as an investment adviser representative in state P.

Explanation:

Investment adviser representatives (IARs) must necessarily register in the state that they work in. In this case, Rock, Feller, and Standard (RFS) must be registered in all the states where it has offices functioning, but Stillman only needs to register in the state where his office is. If Stillman worked half year in state P and the other half in state M, then he would need to register in both states. But since this is not the case, then registering in state P should be enough.

3 0

3 years ago

Gundy Company expects to produce 1,213,200 units of Product XX in 2020. Monthly production is expected to range from 80,000 to 1

fiasKO [112]

Answer:

Gundy Company

Flexible Budget Report for March 2020:

Actual Budget Flexible Budget Variance

Direct materials $515,000 $485,000 $30,000 U

Direct labor 670,000 679,000 9,000 F

Variable overhead 1,073,000 1,067,000 6,000 U

Actual fixed costs 679,000 679,000 0 None

Total costs incurred $2,937,000 $2,910,000 $27,000 U

Explanation:

a) Data and Calculations:

Expected production of Product XX in 2020 = 1,213,200 units

Monthly production range = 80,000 to 114,000 units

Budgeted variable manufacturing costs per unit are:

Direct materials $5

Direct labor $7

Overhead $11

Total variable $23

Fixed manufacturing costs per unit:

Depreciation are $6

Supervision are $1

Total fixed costs $7

Total costs = $30

March 2020 costs incurred for 97,000 units:

Direct materials $515,000

Direct labor $670,000

Variable overhead $1,073,000

Actual fixed costs 679,000

Total costs incurred $2,937,000

Flexible Budget Report for March 2020:

Actual Budget Flexible Budget Variance

Direct materials $515,000 $485,000 $30,000 U

Direct labor 670,000 679,000 9,000 F

Variable overhead 1,073,000 1,067,000 6,000 U

Actual fixed costs 679,000 679,000 0 None

Total costs incurred $2,937,000 $2,910,000 $27,000 U

4 0

3 years ago

Public saving is negative when:A. there is a government budget surplus.B. there is a government budget deficit.C. the government

m_a_m_a [10]

Answer: Option (B) is correct.

Explanation:

Public saving refers to the tax revenue amount that a government left with after paying for its expenditure or spending.

Public saving = Tax revenue - Spending

Private saving refers to the after tax income of the individuals after paying for their consumption and taxes.

Suppose there is a government budget deficit, in this situation government's expenditure is greater than government's receipts. This means that tax revenue is not enough to pay out its expenditure.

Therefore, this will lead to negative public savings.

3 0

3 years ago