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Elis [28]
2 years ago
5

A jewelry store has 107.25 ounces of 14-carat gold in stock

Business
1 answer:
horsena [70]2 years ago
5 0

Answer:Superior Exchange in New Haven is a High Paying Buyer and Pawnbroker specialist who are among the top Jewelry Buyers, Precious Metal Buyers, Electronics Buyers, Gold Buyers, Art Buyers and Antique Buyers in Connecticut. Aside from buying, selling and Pawning on anything of value. We strive to be a pawnbroker specialists you can trust, where instant payment is always available with as many Pawns as possible.

Explanation:

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On december 1, milton company borrowed $480,000, at 8% annual interest, from the tennessee national bank. interest is paid when
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Debit Interest Expense [$480,000 x 8% x 360/360] = $38,400.00
<span>Credit Interest Payable = $38,400.00</span>
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3 years ago
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According to growth accounting studies, investing in research and education Group of answer choices is the best way to achieve g
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According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.

<h3 /><h3>What is growth accounting?</h3>

It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.

Therefore, the greater investment in research and education, the more effective growth accounting measurements will be for identifying technological progress.

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4 0
1 year ago
Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th
Marianna [84]

Answer:

The correct answer is letter "C": Materiality.

Explanation:

The Materiality principle refers that one of the accounting standards can be left behind only if it has an irrelevant impact on the financial statements. According to the Generally Accepted Accounting Principles (GAAP) only when an item is "<em>immaterial</em>", provisions for the transaction derived from that item are not mandatory. But, the definition of what is material and immaterial is not provided by the GAAP, then, it relies on the judgment of the accountant.

7 0
3 years ago
Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.
lapo4ka [179]

Answer:

D) $571.24

Explanation:

Royce' premiums for the  previous year were:

  • bodily injury $22.50
  • property damage $144.75
  • collision $275.75
  • comprehensive $100

The total premium of the policy was $543

Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24

4 0
3 years ago
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A Treasury bond due in one year has a yield of 5.7%; a Treasury bond due in 5 years has a yield of 6.2%. A bond issued by Ford d
SVETLANKA909090 [29]

Answer:

d. 0.8% and 1.3%.

Explanation:

The default risk premiums on the bonds issued by Shell = 6.5% - 5.7% = 0.8%

The default risk premiums on the bonds issued by Ford = 7.5% - 6.2% = 1.3%

Hence, the default risk premium issued by Shell and Ford respectively are 0.8% and 1.3%

7 0
3 years ago
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