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3 years ago

Which of the following is NOT a repayment plan option? What is the answer

Business

1 answer:

Lapatulllka [165]3 years ago

5 0

Answer:

what is the following

Explanation:

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Writing down ways you would like your community to improve is an example of which of the following? A. humanitarianism B.generat

vitfil [10]

Generation good business ideals

8 0

3 years ago

Read 2 more answers

intext:"A corporation issued 6,000 shares of its $2 par value common stock in exchange for land that has a market value of $84,0

guajiro [1.7K]

Answer:

Date Account Titles and Explanation Debit Credit

Land $84,000

Common stock $12,000

Paid in capital in excess of par value $72,000

Workings:

Amount of Common stock = Number of shares * Paid in capital per share

= 6,000 shares * $2

= $12,000

Amount of excess of paid in capital = Market value of land - Amount of common stock

= $84,000 - $12,000

= $72,000

8 0

3 years ago

An income statement for Sam's Bookstore for the first quarter of the year is presented below: Sam's Bookstore Income Statement F

yawa3891 [41]

Answer:

The contribution margin for Sam's Bookstore for the first quarter is 0.84 or 84 %

Explanation:

Contribution Margin = Contribution ÷ Sales

Where,

Contribution = Sales - Variable Costs

where,

Sales :

Sales = $ 900,000

Number of Books Sold = $ 900,000 ÷ $50

= 18,000 books

Variable Costs Calculation :

Cost of goods sold $630,000

Variable selling expenses ($5 × 18,000 books) $90,000

Variable administrative expenses( 4% × $ 900,000) $36,000

Total Variable Costs $756,000

Therefore,

Contribution Margin = $756,000÷ $ 900,000

= 0.84 or 84 %

7 0

3 years ago

During June, Vixen Fur Company sells $850,000 in merchandise that has a one year warranty. Experience shows that warranty expens

stepan [7]

Answer:

Debit Estimated Warranty Liability $14,000; credit Merchandise Inventory $14,000.

Explanation:

The journal entry is shown below:

Estimated Warranty Liability A/c Dr $14,000

To Merchandise Inventory $14,000

(Being the customer warranties is settled)

Since we have to settle the customer warranties, so we debited the estimated warranty liability account and credited the merchandise inventory account

Hence, all other options are wrong except last one

3 0

3 years ago

Violations of security policies are considered to be a(n) __________ issue upon which proper disciplinary actions must be taken.

kari74 [83]

Answer:

Violations of security policies are considered to be a law enforcement issue upon which proper disciplinary actions must be taken.

Explanation:

The security policies put into place by the organization actually serve as the first wall of protection for the organization.
The organization makes it clear through its security policies what actions would be deemed as an attempt to breach the security and what actions are prohibited within and outside the premises of the organization as an employee of the organization:

4 0

3 years ago