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Dimas [21]
3 years ago
13

Closing entries are required: Multiple Choice If management has decided to cease operating the business. Only if the company adh

eres to the accrual method of accounting. If a company's bookkeeper does not choose to prepare reversing entries. So that Revenue, expense, and dividends accounts must begin each period with zero balances. In order to satisfy the Internal Revenue Service guidelines.
Business
1 answer:
vodomira [7]3 years ago
8 0

Answer: So that Revenue, expense, and dividends accounts must begin each period with zero balances

Explanation:

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A bond that pays interest annually yields a rate of return of 7.50 percent. The inflation rate for the same period is 2 percent.
Jlenok [28]

Answer:

5.39%

Explanation:

Given that,

Bond that pays interest annually yields a rate of return = 7.50 percent

Inflation rate for the same period = 2 percent

Real rate = [(1 + nominal rate) ÷ (1 + inflation rate)] - 1

Real rate = [(1 + 0.0750) ÷ (1 + 0.02)] - 1

               = (1.075 ÷ 1.02) - 1

               = 1.0539 - 1

               = 0.0539 or 5.39%

Therefore, the real rate of return on this bond is 5.39%.

7 0
3 years ago
If you invest P dollars and you want the investment to grow to A dollars in t years, the interest rate that must be earned if in
hoa [83]

Answer: 18.92%

Explanation:

The formula to find the compound amount :-

A=P(1+r)^t, where P is the Principal amount, r is the rate of interest and t is the time period.

Given : P= $1500

A = $6000

Time = 8 years

Then 6000=1500(1+r)^8

i.e. (1+r)^8=\dfrac{6000}{1500}=4

i

Taking natural log on both sides , we get

\Rightarrow\ 8\ln(1+r)=\ln(4)\\\\\Rightarrow\ \log(1+r)=\dfrac{\log4}{8}=\dfrac{1.38629436112}{8}=0.17328679514\\\\\Rightrarrow\ 1+r=e^{0.17328679514}\\\\\Rightarrow\ 1+r=1.189207115\\\\\Rightarrow\ r=1.189207115-1=0.189207115\\\\\Rightarrow\ r\approx0.1892\approx18.92\%

3 0
3 years ago
Which of the following tasks is an example of how scientists might use writing skills in their jobs?
diamong [38]
To write down the conclusion of there experiment so other scientist can criticize them and help the get the right conclusion 
4 0
3 years ago
Read 2 more answers
How often should you visit your site and have others visit it for you to find out if everything is working as it should? A.Every
Mice21 [21]

Answer:

A. Every two weeks

Explanation:

8 0
3 years ago
Read 2 more answers
Jones Corp. reported current assets of $191,000 and current liabilities of $136,000 on its most recent balance sheet. The curren
stiks02 [169]

Answer:

acid-test ratio 1,4044

Explanation:

We are asked for a variation ofthe current ratio

whie current ratio is determinate like:

\frac{current\: assets }{current\: liab}

the acid-test will remove inventory from the current assets, leaving only cash, marketable securities and accounts receivables considered for the calculations:

191,000 current assets - 85,000 inventory = 106,000

136,000 current liabilities

191,600 / 136,000  = 1,4044

7 0
3 years ago
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