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3 years ago

Amounts owed to suppliers for supplies purchased on account are defined as

2 answers:

5 0

The term being referred in the item above is called as "Accounts Payable". By the words being used in the term itself, it may be easily determined that this is a liability being owed to the supplier and should be payed in any terms, such as notes, check, or cash.

vlabodo [156]3 years ago

5 0

Amounts owed to suppliers for supplies purchased on account are defined as "accounts payable". It is an accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. Hope this answers the question. Have a nice day.

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Jamie is 42 years old and received a $20,000 distribution for his roth ira established in 2009. at the time of distribution, the

Leviafan [203]

The rules for the Roth early distribution are as follows : Unless an exception applies, most distributions from a Roth IRA before the owner reaches age 59 1/2 will be subject to an "early withdrawal penalty" of 10% on the amount of the distribution. This is IF a person has kept the amount in the account for his required five year tax period rule. If this condition has been met, the total penalty would be $ 2000.00

3 0

3 years ago

A year ago, Jasper Inc. sold 20-year bonds at par with a coupon rate of 4.5 percent and semiannual payments. The face value of e

scoray [572]

Answer:

= $877.32

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The value of bond for Jasper Inc can be worked out as follows:

Step 1

PV of interest payments

Semi annul interest payment

= 4.5% × 1000 × 1/2

= 22.5

Semi-annual yield = 5.6/2 = 2.8% per six months

Total period to maturity (in months)

= (2 × 19) = 38 periods (Note it was sold a year ago)

PV of interest =

22.5 × (1- (1+0.028)^(-38)/0.028)

= 22.5 ×23.20871226

= 522.196

Step 2

PV of Redemption Value

= 1,000 × (1.056)^(-19)

= 355.128

Price of bond

= 522.19 + 355.12

= $877.32

5 0

3 years ago

Oriole Company was formed on December 1, 2019. The following information is available from Oriole's inventory record for Product

Leokris [45]

Answer:

FIFO Ending Inventory $ 64900

Explanation:

Oriole Company

Date Particulars Units Unit Cost Total Cost

January 1, (beginning inventory) 2,000 $15 30,000

January 5, Purchases: 2,500 $17 42500

January 25, Purchases: 2,200 $18 39600

February 16, Purchases: 1,100 $19 20900

March 15, Purchases: 2,200 $20 44000

Total 10,000 $ 177000

A physical inventory on March 31, 2020, shows 3,300 units on hand.

FIFO means first in first out. It is a method of calculating inventory items. In it the first items purchased are sold out first. Following this rulethe ending inventory FIFO can be calculated by moving backwards from March 15 purchases as follows.

FIFO Ending Inventory $ 64900

March 15 Purchases 2,200 units at $20=$ 44000

February 16,Purchases units 1,100 at $19 =$20900

6 0

3 years ago

When a market’s annual growth rate falls below 10 percent, a star will become a dog if it still has the largest market share?

mezya [45]

That statement is false

according to IX Boston Consulting Group Model, a star will became a cash cow if it still has the largest market share under this circumstances.
This means that the company still making enough cash for its employees and still enjoy a pretty high-profit margin.

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3 years ago

Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can

g100num [7]

a. Greyhound bus system

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3 years ago