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dalvyx [7]
3 years ago
11

Problem 9-52 Part-b (Static) b. $800 of interest on a short-term loan incurred in September and repaid in November. Half of the

loan proceeds was used immediately to pay salaries and the other half was invested in municipal bonds until November After-tax cost
​
Business
1 answer:
bazaltina [42]3 years ago
4 0

Answer:

After-tax cost $652

Explanation:

$652 = $800 [1 − (0.5 × 0.370)]. Half of the interest is not deductible because it was used to purchase tax-exempt securities.

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In order to comply with DAVID Memorandum of Understanding requirements, a user must acknowledge understanding of:
a_sh-v [17]

Answer:

Acknowledge his/her understanding of criminal sanctions for unauthorized use 20

Explanation:

According to the Department of Highway Safety and Motor Vehicles Division of Motorist Services DRIVER AND VEHICLE INFORMATION DATABASE otherwise known as DAVID.

In order to comply with DAVID Memorandum of Understanding requirements, a user must acknowledge understanding of criminal sanctions for unauthorized use 20.

Also, a user must acknowledge his/her understanding of the confidentiality of information

8 0
3 years ago
e Arlington Motor Pool Internal Service Fund had the following transactions and events during January 2018. Using the "Additiona
Akimi4 [234]

Answer:

Journal Entries

1) Debit Salaries Expense $6,667 Credit Bank $6,667

2) Debit Fuel and Maintenance expense $600, Credit Bank $600

3) Debit Depreciation Expense $amount Credit Accumulated depreciation $amount

4) Debit Insurance Expense $amount Credit Bank $amount

5) Debit Benefit Expense $amount Credit Accrued Benefit Expense $amount

6) Debit Accounts Receivable ( total of all trips) $amount Credit Service Revenue $amount

Explanation:

The Question is incomplete but i will do the typical journal entries to the transactions without figures.

1) The salaries are for one month and in brackets there is a $80,000*1/12 calculation meaning the $80,000 is for the year, now if it was already recorded then we debit salaries payable $6,667 credit bank $6,667

4) Insurance expense is debited if it is paid as it is incurred but if it has an Prepaid insurance account then we credit the Prepaid insurance account instead of Bank.

4 0
3 years ago
One of the best-reported predictors of college adjustment is:
lesya692 [45]

One of the best-reported predictors of college adjustment is<u> "high self esteem".</u>


Self-esteem is your general conclusion of yourself — how you feel about your capacities and restrictions. When you have solid Self-esteem, you like yourself and consider yourself to be meriting the regard of others.  

The advantages of a high Self-esteem are many. Kids who have high Self-esteem come to esteem themselves and consider themselves commendable accomplices and skilled issue solvers. They build up a solid adjust of preferring their identity, yet additionally perceiving that there are ways they can proceed to develop and to create.

6 0
3 years ago
Gerard, an adult, contracts with Communiserve to purchase, in installments over a period of five years, a very large quantity of
Ganezh [65]

Answer:

a. Gerard’s contract is voidable at his option while it is entirely executory.

Explanation:

In the United States of America, one of the most widely used recognized and most cited legal treatises is the Restatement of Contracts. It allows legal luminaries (judges and lawyers) to have a general understanding of non-binding authorities in contract or common law.

According to the Restatement (second) of Contract, voidable contract is one where one or more parties have the power, by a manifestation of election to do so, to avoid the legal relations created by the contract, or by ratification of the contract to extinguish the power of avoidance.

Hence, under the Restatement, Gerard’s contract is voidable at his option while it is entirely executory.

63. In most states, whether the time within which a minor disaffirms a contract constitutes a reasonable time is determined by the fact and circumstance of the case.

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3 years ago
A rightward shift of the supply of loans curve would
Minchanka [31]

C. increase in the interest rate

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3 years ago
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