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2 years ago

Describe two other criterias that are required in order to be considered for a bachelor's degree

Business

1 answer:

anastassius [24]2 years ago

6 0

Answer:

The two main criteria for consideration of bachelor's degree program,

Pre requisite subjects. This is a must to have requirement. ...

Merit based. This is also a must to pass requirement.

Explanation:

;)

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4. explain the main advantage of retained profits as a source of finance

Rom4ik [11]

Answer:

The classic explanation of the advantages of high retained profit is that they: increase stock value. assure corporate stability. provide funds for research and expansion without increasing corporate debt.The portion of profits not distributed among the shareholders but retained and used in business is called retained earnings. It is also referred to as ploughing back of profit. This is one of the important sources of internal financing used for fixed as well as working capital.

5 0

2 years ago

On March 1, 20Y8, Eric Keene and Renee Wallace form a partnership. Keene agrees to invest $21,060 in cash and merchandise invent

tester [92]

Answer:

Explanation:

a. The journal entries are shown below:

Cash $21,060

Merchandise inventory $56,290

To Eric Keene's Capital $77,350

(To record investment made)

Accounts receivable $17,770

Equipment $54,190

Cash (Liabilities - Assets) $40,820

To Allowance for doubtful accounts $1,950

To Accounts payable $14,910

To Notes payable (current) $35,970

To Reene Wallace's capital $59,950

(Being capital contribution by Reene wallace is recorded)

KEENE AND WALLACE

Balance Sheet

March 1, 20Y8

Assets

Current Assets

Cash (21,060 + 40,820) $61,880

Accounts Receivable Less Allowance $15,820

Merchandise inventory $56,290

Total current assets $133,990

Property, plant and Equipment

Equipment $54,190 54,190

Total Assets $188,180

Liabilities

Current Liabilities

Accounts Payable $14,910

Notes Payable $35,970

Total liabilities $50,880

Partner's Equity

Eric Keene's capital $77,350

Renee Wallace's capital $59,950

Total partner's equity $137,300

Total liabilities and partner's equity $188,180

7 0

3 years ago

Widgets Inc. is a vendor who supplies machine parts to an appliance manufacturing company. In return, Widgets Inc. relies on the

WARRIOR [948]

Answer:

external stakeholder

Explanation:

External Stakeholders are the individuals or the groups of the individuals who are outside a particular project or business, but they can affect or they can be affected by the project or business.

In the case case study, Widgets Inc. acts as a vendor for the appliance manufacturing company by supplying machine parts. Widgets Inc. is outside the appliance manufacturing company but is affected by the company as its revenue depends on the appliance manufacturing company. Thus, Widgets Inc. is an external stakeholder for appliance manufacturing company.

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3 years ago

Creme Bakery just paid an annual dividend of $2.20 a share and is expected to increase that amount by 2.2 percent per year. If y

alekssr [168]

Answer:

$19.47

Explanation:

The computation of the price paid for share is shown below:

= Year second dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $2.20 + $2.20 × 2.2%

= $2.20 + $0.0484

= $2.2484

In the year 2 , it is

= $2.2484 × 1.022

= $2.2978648

And, the required rate of return is 14%

Plus the growth rate is 2.2%

So, the price paid for the share is

= ( $2.2978648) ÷ (14% - 2.2%)

= $19.47

7 0

3 years ago

Prepare journal entries to record each of the following sales transactions of a merchandising company. The company uses a perpet

Usimov [2.4K]

Answer: please find the explanation column for answers

Explanation:

journal entry to record the sales transaction of a merchandising company:

Date Account Debit Credit

Apr 1 Account receivables $5,400

Sales $5,400

To record cost of goods sold

Apr 1 Cost of merchandise sold $3,240

Merchandise inventory $3,240

2. To record sales return of goods.

Date Account Debit Credit

Apr 4 Sales Return $620.00

Account Receivable $620.00

Cost of merchandised returned

Apr 4 Merchandise Inventory $372.00

Cost of Goods Sold $372.00

3.To Record Sales made from merchandise

Date Account Debit Credit

Apr 8 Account Receivable $2,200.00

Sales $2,200.00

To Record cost of merchandise Sold

Apr 8 Cost of Goods Sold $1,540.00

Merchandise Inventory $1,540.00

4.Journal to record payment received from sales of merchandise

Date Account Debit Credit

Apr 11 Cash $4,780.00

Account receivable $4,780.00

Calculation

Amount due from Apr 1 st sale less than return on April 4 =Account receivables - Sales Return= $5,400- $620=$4,780.00

4 0

3 years ago

Describe two other criterias that are required in order to be considered for a bachelor's degree​

Describe two other criterias that are required in order to be considered for a bachelor's degree