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Morgarella [4.7K]

2 years ago

12

________ stocks represent investments in emerging fields that have the potential to realize better than average increases in the

stock's prices.A. Blue chipB. PennyC.GrowthD. Income

1 answer:

Amiraneli [1.4K]2 years ago

4 0

Answer:

The correct answer is

C.Growth

good luck

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Peerless Corporation (a U.S. company) made a sale to a foreign customer on September 15, for 119,000 crowns. It received payment

Natalka [10]

Answer:

Exchange rate on September 15: 1 Crown = $0.61; 119,000 Crown = (119,000*$0.61) = $72,590.

September 30 = (119,000*0.65) = $77,350.

October 15 = (119,000*$0.60) = $71,400.

JOURNAL ENTRY

Date Account Debit Credit

15-Sep Account receivable $72,590

Sales $72,590

(Sale to a foreign customer for 119,000 crown Exchange rate = $0.61)

30-Sep Account receivable $4,760

Foreign currency exchange gain $4,760

($77,350-$72,590)

15-Oct Foreign currency exchange loss $5,950

Account receivable $5,950

($71,400-$77,350)

Cash $77,350

Accounts Receivable $77,350

8 0

3 years ago

TB 01-85 Payment of accounts payable decreases both I...

Eva8 [605]

I think it’s true

(Not sure)

4 0

2 years ago

The First National Bank has total deposits of $675,000 and excess reserves of $22,300. If the required reserve ratio is 9 percen

Nookie1986 [14]

Answer: $83050

Explanation:

Based on the information given in the question, the total reserves of First National Bank will be given as follows:

Total deposit = $675000

The Required reserve ratio will be:

= 675000 × 9%

= 675000 × 9/100

= $60750

Since the bank has excess reserves of $22,300, then the total reserve will be:

= $60750 + $22300

= $83050

3 0

2 years ago

A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost TTT, in dol

andriy [413]

Answer: 2,200 units.

Explanation:

The complete exercise is:

$T = 5c + 12 f$

A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?

Given the following equation:

$T = 5c + 12 f$

You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.

Based on the information given in the exercise, you can identify that, in this case:

$T=47,000\\\\f=3,000$

Then, knowing those values, you need to substitute them into the given equation:

$47,000 = 5c + 12(3,000)$

And finally, you must solve for "c" in order to calculate the number of units that were shipped to the closer location.

You get that this is:

$47,000 = 5c + 12(3,000)\\\\47,000-36,000 = 5c\\\\11,000=5c\\\\\frac{11,000}{5}\\\\c=2,200$

3 0

3 years ago

Read 2 more answers

1. Should you have a separate checking and saving account?

iris [78.8K]

Back when interest rates were high, I had just one account. I had a money-market checking account that offered good interest rates and unlimited check writing. But those days are long gone.

I want as high an interest rate as I can get for my savings. In order to get those rates, I am using a money-market savings account. All such accounts I’ve seen restrict the number of transactions I can make in a month. I need to be able to pay bills, no matter how many of them there are — and I never ever want to pay fees for excess transactions!

So I have a separate checking account. It pays less than half the interest rate of my savings account, but I can make as many transactions as I want. The bank offers a bill pay application that I use for most payments, and I can write as many checks as I want to. I can transfer money between the accounts quickly.

5 0

2 years ago