How does online retail have the potential to further complicate the issues already presented by the virus?

What is a federal reserve note in simple terms?

valina [46]

Federal reserve notes are the marks on money like the serial number, U.S emblems, and the signatures. They show that the money is an American Dollar.

6 0

3 years ago

A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of size (measur

astraxan [27]

Answer:

a. The estimated coefficient for size is approximately 13.81.

b. In the regression, two predictors are used. These two predictors are size and fireplace (FP).

Explanation:

a. The estimated coefficient for size is approximately _____.

Estimated coefficient for size = Standard Error of size * t-Stat of size = 1.2072436 * 11.439 = 13.81

Therefore, the estimated coefficient for size is approximately 13.81.

b. How many predictors (independent variables) were used in the regression?

Independent variables can be described as variables that are changed or manipulated in order to measure the effect of their changes on the dependent variable. Independent variables are therefore also called predictors because they employed to predict the dependent variable.

In the regression, two predictors are used. These two predictors are size and fireplace (FP).

8 0

3 years ago

Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $13,800 ($1,150/month) in advance

tigry1 [53]

Answer:

1.

Dec 31 Rent expense $3450 Dr

Prepaid Rent $3450 Cr

2.

Oct 1 Prepaid Rent $13800 Dr

Cash $13800 Cr

3.

Year end balances at 31 December:

Rent Expense = $3450

Prepaid Rent = $10350

Explanation:

Assumption: The year end for the business in on 31 December.

1.

The rent is paid in advance thus it is an asset. On 31 December the adjusting entry will be made under the accrual principle to match the current period's rent expense and record it in the period to which it belongs to. Thus we will credit the rent expense for 3 months i.e. October, November and December. We will credit the asset account that is Prepaid Rent.

2.

The prepayment of rent is creating an asset account in the title of prepaid rent. The entry would be to record the asset prepaid rent by the full amount of the rent prepaid and credit the other asset account through which the payment is being made.

3.

The adjusted year end balance for rent expense will be the rent expense paid for this period that is $1150 * 3 = 3450

The balance in the prepaid rent account after adjusting the rent expense will be,

Prepaid rent = 13800 - 3450 = $10350

8 0

3 years ago

(d) Which type of wholesalers operate on a self-service basis where other traders pick, pay and transport goods on their own

geniusboy [140]

Answer:

i dont know how is it huh090889

5 0

2 years ago

On January 1, 2016, Sheldon Unlimited issues 12%, 15-year bonds payable with a face value of $250, 000. The bonds are issued at

vova2212 [387]

Answer:

1. Date Account Title and Explanation Debit Credit

January 1 Cash $265,000

2016 Premium on bonds payable $15,000

Bonds payable $250,000

(To record Issuance of bonds )

2 . Date Account Title and Explanation Debit Credit

June 30 Bond interest expense $14,500

2016 Premium on bonds payable $500

Cash $15,000

(Interest on bond paid and Premium amortized)

3 . Date Account Title and Explanation Debit Credit

Dec 31 Bond interest expense $14,500

2016 Premium on bonds payable $500

Cash $15,000

(Interest on bond paid and Premium amortized)

4. Date Account Title and Explanation Debit Credit

Dec 31 2030 Bonds payable $250,000

Cash $250,000

(Bond redeemed)

Working

Bond issue price (250000 / 100*106) $265,000

Face value $250,000

Premium on bonds payable $15,000

Number of Interest payments (15 years x 2) 30 period

Discount/ premium to be amortized per Half year $500.00

Interest on bond $15,000.00

Interest expense to be recorded $14,500

(15000-500)

8 0

3 years ago