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2 years ago

Debit balance with binod rs.50000

Business

2 answers:

Doss [256]2 years ago

7 0

Answer:

what?

Explanation:

olasank [31]2 years ago

7 0

Answer:

lololololol

Lmào

troll

lololololol

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2 years ago

Read 2 more answers

Your sister is thinking about starting a new business. The company would require $380,000 of assets, and it would be financed en

Andrews [41]

Answer:

$51,300

Explanation:

Given that,

Assets require = $380,000

Return on the invested capital, ROE = 13.5%

ROE = Net income ÷ Total Equity

0.135 = Net income ÷ $380,000

0.135 × $380,000 = Net income

$51,300 = Net income

Therefore, the net income must be expected to warrant starting the business is $51,300.

Note: Since, all of the total assets are financed by the common stock.

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2 years ago

A deposit of $100,000 is made to an investment account today. At the end of each of the next four years, $10,000 must be paid ou

andrey2020 [161]

Answer:

14.06%

Explanation:

Assume their is a cash out flow today of $100000, and next four year annual cash inflow of 10000 and 120000 at the end of year 4.

We can use IRR formula to find the interest rate.

year cashflow

0 -100000

1 10000

2 10000

3 10000

4 130000

IRR 14.06%

The calculation has been done on excel sheet

8 0

3 years ago

Q 6.3: Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approxima

lbvjy [14]

Answer:

D : 2.17%.

Explanation:

The 26% is an APR(Annual Percentage Rate). This is a quoted rate that a credit card company charges . It is also known as the nominal rate.

Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;

Monthly rate = APR / n

APR = 26% or 0.26 as a decimal

n = compounding periods = 12

therefore, Monthly rate = 26% /12 = 2.17%

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2 years ago

Which of the following budgetary entries would the town of Geneva make upon adoption of its Special Revenue Fund Budget for the

babunello [35]

Answer:

b) Estimated Revenues Appropriations Budgetary Fund Balance $6,400,000 $6,080,000 320,000

Explanation:

Estimated Revenues $6,400,000 Dr

Appropriations $6,080,000 Cr

Budgetary Fund Balance $320,000 Cr

This entry is made on the adoption of Special Revenue Fund Budget for the year.

The special revenue fund is used for the special purposes such public maintenance etc.

The entry made on closing

Close out the budget at year end

Appropriations $ 6080,0000 Dr

Budgetary Fund Balance $ 320,000 Dr

Estimated Revenues $ 6400,000 Cr

4 0

3 years ago

Debit balance with binod rs.50000​

Debit balance with binod rs.50000