1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tomtit [17]
3 years ago
7

On March 3, Cobra Inc. purchased a desk for $440 on account. On March 22, Cobra purchased another desk for $585 also on account,

and then on March 24, Cobra paid $600 on account. At the end of March, what amount should Cobra report for desks (assuming these two desks were the only desks they had)?
Business
1 answer:
alexdok [17]3 years ago
3 0

Answer:

desks = 1,025

Explanation:

 440

<u>+585</u>

1,025

Notice:

We should add the cost of the two desk to get the total amount.

The debt or account payable at the moment doesn't reduce the valuation fo the desk.

The depreciation will. But we are not given with any numebr to calculate this, so we should ignore it for this assingment.

You might be interested in
Si hacemos una compra en cuenta corriente ¿ obtenemos un "descuento" en el precio de un objeto o un recargo en el mismo ?
baherus [9]

Answer:

Un recargo, pequeño, en el mismo.

Explanation:

Una cuenta corriente es una cuenta bancaria destinada a depósitos y retiros corrientes, y la utilización de cheques a tales fines. Dado que el uso de cheques como medio de pago ha disminuido a niveles muy bajos, la emisión de cheques ha disminuido y, en ocasiones, se ha abolido por completo. Sin embargo, la cuenta corriente a nombre sobrevive en algunos casos en el habla cotidiana.

El propósito de una cuenta de transacciones es usarse para una gran cantidad de depósitos y retiros. Los términos y condiciones de la cuenta normalmente incluyen el derecho a realizar un número ilimitado de transacciones con los fondos de la cuenta sin ningún tipo de bloqueo u otras medidas de limitación de liquidez. Por otro lado, el banco normalmente ofrece tasas de interés muy bajas o nulas sobre los fondos en circulación.

Hoy en día, la cuenta de transacciones a menudo está vinculada a varias formas de soluciones de banca por Internet para permitir pagos y otras transacciones a través de la computadora del cliente del banco. El banco también suele proporcionar tarjetas de cajero automático o tarjetas de débito a particulares con cuentas de transacciones.

6 0
3 years ago
Eleven uses performance management for administrative purposes. The administrative purposes focus on issues such as
andrew11 [14]

It focus on issues such as determining who will be getting raises in administrative purposes .

<h3>Administrative purposes </h3>

Administrative purposes means any purpose necessary for the operation and proper functioning of the administrative, educational and medical services carried out by an approved developer in a zone.

Administrative purposes include administrative issues, including the working of the corporations, funding from the State government, disbursement of counsillor funds and shortage of staff, got about two to three times more attention than solid waste management, education and health.

Learn more about administrative purposes here:

brainly.com/question/11671451

#SPJ4

6 0
2 years ago
Bank customers should reconcile their records frequently with ________ to prevent their checks from ________.
maxonik [38]
Bank customers should reconcile their records frequently with bank statements to prevent their checks from bouncing. They should frequently check the record of their balance in the account and the transactions being made to make sure that th checks they issue will still be valid.
3 0
3 years ago
________ seeks to better run an organization using complete and accurate information and management processes or controls.
Paha777 [63]

Answer:

Governance

Explanation:

Governance is a systematic way of how power is exercised for effective management of state/country economy and social resources for development of the state. Governance involved establishing policies and complete monitoring of the policies by the government using all legal tools permitted by the constitution of the state/country to seek accurate information and management control of resources in other to deliver good governance for the betterment of the people.

8 0
3 years ago
Read 2 more answers
PLS HELPPP FASTTT!!!! Which of the following is not consistent with the efficient market hypothesis?
Morgarella [4.7K]

Answer:

c. News has no effect on stock prices.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

According to the efficient market hypothesis, News has an effect on

the prices at which a stock is sold because it affects demand and supply.

6 0
3 years ago
Other questions:
  • Identity-__________ individuals lack clear direction. they are not committed to values or goals, nor are they actively trying to
    7·1 answer
  • _____________, which can be approximated by the growth of gross domestic product, ultimately determines the prevailing standard
    6·1 answer
  • Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 6 percent. Today comparable bonds
    13·1 answer
  • Mills Corporation acquired as a long-term investment $230 million of 8% bonds, dated July 1, on July 1, 2021. Company management
    12·1 answer
  • On December 31, 2017, Coolwear, Inc. had a balance in its prepaid insurance account of $48,400. During 2018, $86,000 was paid fo
    14·1 answer
  • Accrued sales salaries amount to $1,700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandi
    10·2 answers
  • Mark is approaching the implementation phase of the new asset management system (AMS). To test the system's viability and work o
    6·1 answer
  • An investor is contemplating the purchase of a 20-year bond that pays $50 interest every six months. the investor plans to hold
    6·1 answer
  • When compared to married couple retirement households, single retirees have ________ household income.
    7·1 answer
  • On may 31, 2022, hughes construction recorded $50,000 in bonds payable, $30,000 in notes payable, $9,000 in wages payable, $3,00
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!