People use banks to keep their money<span> safe, but they also use banks to earn even </span>more money. They usesavings accounts<span>, which banks set up for </span>you<span> so </span>you can<span> save your </span>money<span>. So how do </span>you make money<span>through a bank? The good ... in your account. </span>Money<span> moving to a bank as a deposit and coming out as</span>interest<span>.</span>
Answer: Debit Accounts Receivable -Valley Spa of $10,438 Credit interest revenue $238, Credit Notes receivable $10,200
Explanation:
Interest Revenue = Principal x Rate X time
$10,200 x 14% x 60/ 360 ( Using 360 days in a year)
$238
Journal to record dishonored note for Tubman
Accounts titles and explanation Debit Credit
Accounts receivable $10, 438
Interest revenue $238
Notes receivable $10,200
Answer:
11.5%
Explanation:
The computation of the weighted average cost of capital is shown below:
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)
= (0.50 × 5%) × ( 1 - 40%) + (0.50 × 20%)
= 1.5% + 10%
= 11.5%
Basically we multiplied the weightage of capital structure with its cost so that the weighted average cost of capital could come
Answer:
Profit margin = 9.74%
Explanation:
We know,
Profit Margin = (Net income after tax/Net sales) x 100
Profit margin is a profitability ratio that measures the company's overall performance. It also show how company performs financially.
Given,
Year 2,
Net Sales = $484,000
Net income after tax = $47,150
Therefore,
Profit Margin = 
Profit Margin = 9.74%
Hence, company is performing financially well.
An appraised price is an evaluation of a property's fee-based totally on a given factor in time.
An appraised cost is an evaluation of a property's value based totally on a given factor in time. The evaluation is accomplished by means of a professional appraiser for the duration of the mortgage origination technique. The appraiser is normally selected by way of the lender but the appraisal is paid for by way of the borrower.
Actual property professional opinion is typically towards the idea of paying extra than a property's appraised price. Even if you make up the difference on below-appraised assets, you may have assets well worth much less than what you paid.
If buyers are few and far among whilst you list your house, there may be a hazard the marketplace cost may be lower than the appraised price. then again, in case you're seeing a ton of interest in your own home from a couple of consumers, you could discover that the marketplace value is better than the appraisal value.
Learn more about appraised value here: brainly.com/question/26080329
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