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mixas84 [53]
2 years ago
12

Virginia Enterprises makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 30

% Paid in the first month following purchase: 65% Paid in the second month following purchase: 5% If purchases for April, May, and June were $200,000, $160,000, and $250,000, respectively, what was the firm's budgeted payables balance on June 30
Business
1 answer:
Mademuasel [1]2 years ago
4 0

Answer:

$18,000

Explanation:

Prepare an Accounts Payables Budget

The firm's budgeted payables balance on June is $18,000

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The concept of venue reflects the policy that: _____________
dsp73

Answer:

D. A lawsuit should be tried in the geographic neighborhood in which the incident leading to the lawsuit occurred.

Explanation:

The united States concept of venue has it that a court hearing has to be done or decided in a court that is in the geographical area of where the crime was committed or where the dispute took place. Also it has that those who are to serve as members of the jury mist be from the same geographical area where it occured

7 0
3 years ago
Which of the following statements is true of inflation? Group of answer choices
mezya [45]

Answer:

c. It refers to an increase in the average level of prices.

Explanation:

Inflation refers to a constant increase in the average prices of goods and services in the economy over time. Inflation means consumers will pay more for a similar basket of goods and services than they did in a previous period.  Economists use Inflation as a measure of the rate at which the general prices are rising.

A high rate of Inflation without a corresponding rise in incomes erodes the purchasing power of households and firms.  The consumer price index CPI is the common index used to measure the inflation rate. Should the inflation rate increase at a very high rate, governments, through the central bank, applies monetary policies to regulate it.

8 0
3 years ago
Equipment was acquired for $210,000 and has accumulated depreciation of $93,000. The business exchanges this equipment for new e
Alex787 [66]

Answer:

(A) gain $187,000

Explanation:

Please see attachment .

3 0
3 years ago
True or false: The National Cancer Society is an example of an organization that does not need to use marketing.
Ipatiy [6.2K]
False i believe is the correct answer,
7 0
2 years ago
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 16 percent, 11 percent, −1 percent, 6 percent,
Anastasy [175]

Answer:

Cherry:

S = 0.01652

standard deviation = 0.128530152

Straw:

S =0.0478

And the standard deviation = 0.218632111

Explanation:

<u>Cherry Jalopies:</u>

variance:

∑ (n1 - median)2

First we calcualte the median:

(0.16 + 0.11 - 0.01 + 0.06 + 0.11)/5 = 0.086

Then we calculate the variance:

which is each the sum of return minus the median squared

(0.16-0.086)^{2} +(0.11-0.086)^{2} +(-0.01-0.086)^{2} +(0.06-0.086)^{2} +(0.11-0.086)^{2}

S = 0.01652

standard deviation: √S = √0.01652 = 0.128530152

<u>Straw</u>

we do the same procedure:

(0.16+0.23 -0.06+0.06+0.11)/5 = 0.1

Then we do the variance:

0.0478

And the standard deviation:√S = √0.0478 = 0.218632111

6 0
3 years ago
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