Answer:
June 1
Debit : Cash $5,000
Credit : Common Stock $5,000
June 2
Debit : equipment $1,100
Credit : account payable $1,100
Explanation:
Journalize the transaction.
Answer: E. She prefers to shop online because it is more convenient and items are constantly available.
Explanation: The biggest benefit of online shopping is 'convenience' as it can be done from anywhere, at any time and even from our phones as all you need to do so is have a decent internet connection. You don't face problems like the shop is too far or it might be closed.
Also, many times online shopping is cheaper than offline.
Cheap deals and better prices are available online, because products come to you direct from the manufacturer or seller without involving middlemen. Plus, it's easier to compare prices and find a better deal. Many online sites offer discount coupons and rebates, as well.
Answer:
YTM is 7.46%
Explanation:
Given:
Face value of bond (FV) = $1,000
Years to maturity (nper) = 10
Coupon rate = 10%
Coupon payment (pmt) = $100 (0.1×1,000)
Price of bond (PV) = $1,175
If the bonds are held till maturity, then yield to maturity is calculated using excel function =Rate(nper,pmt,PV,FV)
Yield of bond if held till maturity is 7.46%
Answer:
A capital structure decision
Explanation:
Capital Structure decision can be regarded as all the arranging capitals that is been accumulated from various sources, so that the need of long-term funds can be met for the business. Capital Structure decision have a great impact on return of an equity owners as well as the risk. It should be noted that The decision to issue additional shares of stock is an example capital structure decision.
Answer:
small business
Explanation:
According to my research on the different types of companies, I can say that based on the information provided within the question Vernon's company can be categorized as a small business. A small business refers to any company that is independently owned and has only a small number of employees and resources in comparison with the industry that it is currently in. Since Vernon business is run from his house and he only has 55 employees, he would be classified as a small business.
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