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3 years ago

Read the scenario:You are writing a research report on financial derivatives.

Business

1 answer:

nikdorinn [45]3 years ago

5 0

Answer:

A. Search electronic databases for relevant material.

C. Go to the library, and look for books on the subject.

Explanation:

In a research study, a secondary source is a term that describes a form of source which is not the original source to the interpreted data. In other words, it involves already prepared data which can easily be found in places like academic books and journals

Hence, in this case, when performing secondary-source research, the following should be done amongst others:

1. Search electronic databases for relevant material.

2. Go to the library, and look for books on the subject.

This is because the aforementioned involves a place to get a secondary source and it will save time and effort.

On the other hand, Holding focus groups and conducting interviews involves primary source research

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Doughton Furniture Company purchased merchandise on credit from Furniture Supply for $8,000. Two days later Doughton returned $2

sleet_krkn [62]

Answer:

E) General journal

Explanation:

The general journal is used to record all the accounting transactions carried out by a company. If the company uses an accounting tool software or a more complete ERP software, the transaction should be recorded immediately or as soon as possible.

For example, the journal record for this transaction should be:

Dr Accounts Payable account 6,000
Cr Cash account 6,000

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4 years ago

Examples of the bs of our society?

Luba_88 [7]

You don’t ask to be born but are expected to do everything asked of you

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3 years ago

Assume that you have graduated and have gotten a good job. You are conscientious and want to begin a savings account. You are pa

ozzi

Answer:

The balance of the account on July 1, 2037 will be $677,846.38.

Explanation:

Since the withdrawals are made the beginning of each month, the relevant formula to use is the formula for calculating the Future Value (FV) of an Annuity Due is employed as follows:

FV = M * (((1 + r)^n - 1) / r) * (1 + r) ................................. (1)

Where,

FV = Future value or the balance of the account on July 1, 2037 =?

M = Monthly withdrawal = $300

r = Monthly interest rate = nominal interest rate / 12 = 10% / 12 = 0.10 / 12 = 0.00833333333333333

n = Number of months from August 1, 2007 to July 1, 2037 = 359

Substituting the values into equation (1), we have:

FV = $300 * (((1 + 0.00833333333333333)^359 - 1) / 0.00833333333333333) * (1 + 0.00833333333333333)

FV = $300 * 2,240.81447087212 * 1.00833333333333333

FV = $677,846.38

Therefore, the balance of the account on July 1, 2037 will be $677,846.38.

8 0

3 years ago

Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufact

Oksi-84 [34.3K]

Answer:

total budgeted costs = $189,400

budgeted production = 1,000 units

standard rate = $189,400 / 1,000 = $189.40 per unit

total actual costs = $197,200

actual production = 1,120 units

actual rate = $197,200 / 1,120 = $176.07 per unit

total fixed overhead variance = actual overhead costs - budgeted overhead costs = $197,200 - $189,400 = $7,800 unfavorable. The actual overhead expense was higher than the budgeted.
controllable variance = (actual rate - standard rate) x actual units = ($176.07 - $189.40) x 1,120 units = -$14,929.60 favorable. The actual overhead rate was lower than the standard rate, that is why the variance is positive.
volume variance = (standard activity - actual activity) x standard rate = (1,000 - 1,120) x $189.40 = -1,120 x $189.40 = -$212,128 favorable. More units where produced than budgeted, that is why the variance is positive.

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3 years ago

Brandon and Jane Forte file a joint tax return and decide to itemize their deductions. The Fortes' income for the year consists

miskamm [114]

Answer:

$1,500

Explanation:

Calculation for the amount of investment interest expense deduction for the year

Using this formula

Investment interest expense deduction=Interest income+ Nonqualifying dividend

Let plug in the formula

Investment interest expense deduction=$500+$1,000

Investment interest expense deduction=$1,500

Therefore the amount of investment interest expense deduction for the year will be $1,500

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3 years ago