Answer:So, a capital gain is a profit that occurs when an investment is sold for a higher price than the original purchase price. Investors do not make capital ...
Explanation:
Answer:
The correct answer is letter "A": HR strategies.
Explanation:
HR strategies imply all the efforts of the Human Resources (HR) department of companies to recruit and select highly-trained personnel. The labor force is an important factor that influences the productivity of a firm being this the reason why the HR department should not only worry about hiring qualified workers but also to provide them with training and assessment.
Answer: 11.87%
Explanation:
Effective interest rate on this loan is:
= Interest payment / (Note - Interest payment) * 12/8 months
Interest payment:
= Note * Interest rate * 8/12 months
= 100,000 * 11% * 8/12
= $7,333
Effective interest:
= 7,333 / (100,000 - 7,333) * 12/8
= 11.87%
Answer:
Beluga's year-end balance in Allowance for Bad Debts is $1800
Explanation:
Given that the beginning of the year, Allowance for Bad Debts had a credit balance of $1,000. During the year, Beluga wrote off uncollectible receivables of $2,500. To do this, a debit would have been passed to Bad Debts Expense and a credit to receivable.
If the Bad Debts Expense amounted to $3,300 then the additional $800 ($3,300 - $2,500) would have been as a result of additional allowances for bad debt which would have been passed as a credit to Allowance for Bad Debts $800 and a debit to Bad Debts Expense $800.
This would make the total debits or balance in the Bad Debts Expense to $3,300 (2500 + 800) while the balance in the Allowance for Bad Debts would be $1800 made up of the opening balance of $1000 and the $800 posted during the year.
Answer:
a. All three statements are true when discussing the term commercial paper
Explanation:
A commercial paper is an unsecured debts instrument used by large corporations to finance short-term credit needs. They have a maturity of 9 months or less and are usually issued at a discount. Commercial paper pay a fixed interest rate.
Commercial papers are issued by large and highly rated corporations, which make them relatively safe. Commercial papers or CP's offer a higher interest rate compared to secured investments and have a short maturity period making them attractive to investors. In some cases, wealthy individuals, commercial institutions, or banks may back a commercial paper.
