All categories

3 years ago

Select the correct answer.

Business

1 answer:

Schach [20]3 years ago

3 0

Answer:

с. Purchases and Creditors

Explanation:

A goods account is hardly created in the general ledger. Accountants and bookkeepers use the purchases account to record goods bought by the company.

When a business makes purchases, it can either pay cash or in credit. Cash payments are recorded in the cash account. They reduce cash held by the business.

Credit purchases increase creditors and are recorded in the creditor's account.

You might be interested in

What is home equity?

mariarad [96]

Answer:

A proportion of your property that you truly own.

Explanation:

Home equity is a homeowner's interest in a home. It can increase over time if the property value increases or the mortgage loan balance is paid down.Put another way, home equity is the portion of your property that you truly “own.” You're certainly considered to own your home, but if you borrowed money to buy it, your lender also has an interest in it until you pay off the loan.

Btw I found this in a website

Hope this helps

5 0

3 years ago

Read 2 more answers

The corridor is the ________________ section of the ______________________ curve of reserves in the federal funds market.

lys-0071 [83]

The corridor is the vertical section of the supply curve of reserves in the federal fund market.

8 0

4 years ago

Read 2 more answers

A set of rules that allows an administrator granular control over the configuration of objects in Active Directory (AD), includi

Tema [17]

Answer:

group purchasing organization (GPO)

Explanation:

A Group Policy Object (GPO) is set of standards that offer Active Directory (AD) manager granular permissions over objective configuration, involving accounts, operating systems, programs, as well as other AD items. GPOs are also used to control the Active Directory system centrally and to customize it. The interpretation of code parameters will also included in this.

A group purchasing organization (GPO) in United States is an organization created to exploit a group of companies ' buying power to receive discounts from suppliers based on the mutual purchase power of GPO members '

6 0

3 years ago

Company A has a beta of 0.70, while Company B's beta is 0.80. The required return on the stock market is 11.00%, and the risk-fr

alina1380 [7]

Answer:

the differene in the required rate of return of eahc company is 0.675%

Explanation:

we solve using the CAPM method:

$Ke= r_f + \beta (r_m-r_f)$

risk free 0.0425

market rate 0.11

Company A

beta(non diversifiable risk) 0.7

$Ke= 0.0425 + 0.7 (0.0675)$

Ke 0.08975 = 8.975%

Company B

beta(non diversifiable risk) 0.8

$Ke= 0.0425 + 0.8 (0.0675)$

Ke 0.09650 = 9.65%

difference: 9.65% - 8.975% = 0.675%

5 0

3 years ago

David’s friend, Keanu, has hired a financial planner for advice on retirement. Considering Keanu’s current expenses and expected

tatiyna

Answer:

28.85

Explanation

Keanu has decided to save a fixed amount of 70,000 for a given period. We would need to calculate the number of years to achieve 7,796,223 using the FVIFA formula (Future value interest for an annuity)

Fixed payment× FVIFA=Future value

<em>FVIFA</em> = $\frac{(1+r)^{n} - 1}{r}$

where r is the periodic rate (9%)

and n is the number of periods

therefore; 70000× $\frac{(1+0.09)^{n} - 1}{0.09}$ =7796223

${(1+0.09)^{n} }$ =(7796223×0.09)/70000

n=27.85

However, since Keanu will not invest until the end of the first year, he will spend 28.85 years to achieve his goal

7 0

3 years ago