All categories

2 years ago

A select list of transactions for Anuradha's Goals follows:

Business

1 answer:

umka2103 [35]2 years ago

7 0

Answer:

April 1. Paid six months of rent, $4,800

Requires Deferred expense-type of adjusting entry

April 10. Received $1,200 from customer for six month service contract that began April 1.

Requires Deferred revenue-type of adjusting entry

April 15. Purchased a computer for $1,000.

Requires Deferred expense-type of adjusting entry

April 18. Purchased $300 of office supplies on account

Requires Deferred expense-type of adjusting entry

April 30. Work performed but not yet billed to customer, $500

Requires Accrued revenue-type of adjusting entry

April 30. Employees earned $600 in salaries that will be paid May 2.

Requires Accrued expenses-type of adjusting entry

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When the money market is drawn with the value of money on the vertical axis, the price level increases if Group of answer choice

oee [108]

Answer:

When the money market is drawn with the value of money on the vertical axis, the price level increases, money demand shifts right or money supply shifts left.

Explanation:

if the money market is drawn with the value of money on the vertical axis, while the price level increases there will be a decrement in the value of money, and an increment in the quantity of money demanded.

An increment in the price level causes the money demand curve to shift to the right , while a decrement in the price level causes the money demand curve to shift to the left.

As the price level decreases, the value of money increases, so people want to hold less of it.

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2 years ago

GPB's contribution margin ratio is 85% ( or .85) and its fixed monthly expenses are $63,000. Assume that the cost structure of G

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Answer:

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Explanation:

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Now, the net income:

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2 years ago

List of marketing collateral needed for new territory

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2 years ago

Which of the following is known as a partnership agreement? articles of partnership distribution of assets shared liability the

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2 years ago

The risk-free rate of return is 10.5%, the expected rate of return on the market portfolio is 17%, and the stock of Xyrong Corpo

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Answer:

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Explanation:

The computation of the intrinsic value of a share of Xyrong stock is shown below;

k = risk free rate of retunr+ beta[expected market rate of return - risk free rate of return]

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= 20.25%

Now

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Now the intrinsic value of the stock is

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2 years ago