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3 years ago

Journal Entry

Business

1 answer:

Contact [7]3 years ago

4 0

Answer:

Explanation:

unearned rent 6000 (debit)

Rent revenue. 6000 (credit)

to record 2 months of realized rent revenue

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What does a company's customer service department do?

sammy [17]

Answer:

B. Interact with customers after they have purchased the product.

Explanation:

It is the duty of the Customer services department to cater to the all customer feedbacks and requirements.

The retention of the customers and attracting new customers depends on the quality of the service provided by the customer handling.

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3 years ago

BDE Inc. is an unlevered firm which expects to generate a net cash flow of $25 million per year in perpetuity. The firm’s requir

anzhelika [568]

Answer:

$250 million

Explanation:

If taxes do not exist and the firm has no outstanding debt, then the value of unlevered firm = total enterprise value of BDE

we can use the perpetuity formula to determine the total enterprise value:

total enterprise value = FCF / cost of equity

total enterprise value = $25 million / 10% = $250 million

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3 years ago

Pharoah Inc. has decided to raise additional capital by issuing $173,000 facevalue of bonds with a coupon rate of 6%. In discuss

Ira Lisetskai [31]

Answer:

a. Debit Credit

Cash $174,600

Discount on bond payable $18,941

Bonds Payable $173,000

Paid -in Capital - Stock Warrants $20,541

<u>Workings</u>

Market value of Bonds 155,700

Market value of Warrants <u>20,760</u>

Total market value 176,460

Value assigned to Bonds = 174,600 / 176,460 * 155,700 = 154,059

Value assigned to Warrants = 174,600 / 176,460 *20,760 = 20,541

b. Debit Credit

Cash $174,600

Discount receivable $1,600

Bonds Payable $173,000

5 0

4 years ago

An entrepreneur has earned enough total revenue to cover her accounting costs, but economic losses are being incurred. What must

KengaRu [80]

Answer:

her accounting profits are less than her implicit costs

Explanation:

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4 years ago

A CFP professional is a Registered Investment Advisor managing 120 million in assets. One of his clients sends a complain letter

irinina [24]

SEC reviews the information and have the authority of regulatory disclosure for the ADV.

<h3>What is SEC and how it works?</h3>

SEC is a Securities and Exchange Commission in United States who regulates the nation's securities industries.

The basic functions of the SEC is to protect the investors, capital formation and maintain the fairness in the market.

SEC is the governing body which has the authority in the case of ADV form.

Learn more about the ADV form here:-

brainly.com/question/14326387

#SPJ1

4 0

2 years ago