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2 years ago

Read the scenario, and answer the question.

Business

1 answer:

Strike441 [17]2 years ago

3 0

Answer:

One possible revision suggestion for the previous follow-up letter is to:

c. Identify the position he applied for and the date of the interview.

Explanation:

Stating clearly the position that Enrique interviewed for and the the date of the interview will enable the interviewer to reconsider the candidacy of Enrique for the copy-editor position. However, the wording of his first draft of the follow-up email sounds too condescending. Enrique should not display some desperation in his job-search effort.

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Flint Corporation purchased from its stockholders 5,200 shares of its own previously issued stock for $254,800. It later resold

Marizza181 [45]

Answer:

The journal entries are as follows:

(i) Cash A/c(1,825 × $52) Dr. $94,900

To Treasury stock(1,825 × $49) $89,425

To paid in capital from Treasury stock(1,825 × $3) $5,475

(To record the purchase at $52)

(ii) Cash A/c(1,825 × $47) Dr. $85,775

paid in capital from Treasury stock(1,825 × $2) A/c Dr. $3,650

To Treasury stock(1,825 × $49) $89,425

(To record the purchase at $47)

(iii) Cash A/c(1,550 × $41) Dr. $63,550

paid in capital from Treasury stock A/c Dr. $1,825

Retained earnings A/c (1,550 × $8) Dr. $10,575

To Treasury stock(1,550 × $49) $75,950

(To record the purchase at $41)

3 0

3 years ago

Which of the following is NOT a supertrend affecting the future of business? Multiple Choice Offshore suppliers are changing the

Yakvenalex [24]

Answer:

A multiple choice offshore suppliers are changing the way work

6 0

3 years ago

Suppose that the public holds 50% of the money supply in currency and the reserve requirement is 20%. Banks hold no excess reser

Mice21 [21]

Answer:

the required reserves will increase by 1,200 dollars

Explanation:

the required reserve ratio is 20%

for each dollar the bank receive in deposit it can loan up to 80% and must keep 20%

the multiplier will be: 1 / 0.2 = 5

each dollar of deposit will increase the money supply by 5

and each dollar withdraw will decrease money supply by 5

Therefore, for this deposit of 6,000 dollars the bank will kept:

$6,000 x 20% = $1,200

7 0

3 years ago

The brenda one is the question thank youuu:)

Ivenika [448]

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

$A = P(1 + \frac{r}{100})^{t}$

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

$A = 11000*(1 + \frac{8.6}{100})^{7$

$A = 11000*(1 + 0.086)^{7$

$A = 11000*(1.086)^{7$

$A = 11000*1.78$

A = $19,580

7 0

3 years ago

Randomly listed below are the steps for preparing a trial balance: (1) Verify that the total of the Debit column equals the tota

liberstina [14]

A test balance is used to detect any calculation error that may have occurred within the accounting system. For this, it is sought to verify if the total debits and the total credits are equal, for this the balance of all accounting books is compiled in column totals of both debit and credit. A company usually prepares a trial balance periodically, usually at the end of each reporting period.

In this case, to carry out the trial balance, you must first clarify the name of the company, the title of the trial balance and the date on which the trial balance is prepared, then proceed to list the ledger accounts and enter the debit and credit balances in the respective columns, then the columns are totalized and finally it is verified that the credit totals are equal to the debit totals

Answer

The correct order of the steps is (3), (2), (4) and (1)

7 0

3 years ago