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Alex17521 [72]
2 years ago
11

One of the safest and easiest investments for young people is: A Stocks and Bonds. OB. Mutual funds. OC. NCUA or FDIC Insured ce

rtificates of deposit. OD. Bingo.​
Business
1 answer:
lys-0071 [83]2 years ago
4 0

Answer:

a and c

Explanation:

You might be interested in
Stacy purchased a stock last year and sold it today for $4 a share more than her purchase price. She received a total of $1.15 p
dusya [7]

Answer: B. The capital gains yield is positive.

Explanation:

The Capital Gains Yield is a percentage figure that tells how much an investment has increased in price from it's acquisition.

It works by taking the new value and dividing it by the original value.

Using Stacy as an example, the Stock increased by $4 so assuming she bought the stock for even $0.1 then her Capital Yield is,

= 4/0.1

= 40 * 100%

= 4000% which is positive

As long as the stock was sold for more than it was bought, Capital Yield Gain is positive.

7 0
3 years ago
On April 1, Townsley Company sold merchandise with a selling price of $10,000 on account to Trout Company, with terms 3/10, n/30
mamaluj [8]

Answer and Explanation:

The journal entry is shown below:

Cash $8,730

Sales Discount ($9,000 × 3%) $270

       To Accounts receivable $9,000 ($10,000 - $1,000)

Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets  

3 0
2 years ago
Which factor supports maintaining a dual income?
Bad White [126]
The solution is to open joint bank account. Joint account will allow you to deposit or withdraw cash from your dual income without any fear that one account will get lost. This will help you manage your money and also share it to one of your family members. Your income is safe with you having a joint account because you can monitor it in one transaction only.
3 0
2 years ago
Read 2 more answers
Should be subtracted from the sales price per unit to compute the unit contribution margin.
julia-pushkina [17]
All variable costs s<span>hould be subtracted from the sales price per unit to compute the unit contribution margin.</span>
4 0
3 years ago
Journalize the following transactions in the accounts of Canyon River Medical Co., a medical equipment company that uses the dir
Luba_88 [7]

Answer:

  • Jan. 19

Dr Accounts receivable $ 6,400

Cr Sales $ 6,400

Dr Cost of Goods $ 3,000

Cr Inventories $ 3,000

  • June 2

Dr Cash $ 500

Cr Accounts receivable $ 500

Dr Bad Debt Expense $ 5,900

Cr Accounts receivable $ 5,900

  • Oct. 23

Dr Accounts receivable $ 5,900

Dr Bad Debt Expense $ 5,900

Dr Cash $ 5,900

Cr Accounts receivable $ 5,900

Explanation:

Jan. 19 Sold merchandise on account to Dr. Kyle Norby, $6,400. The cost of goods sold was $3,000.  

Dr Accounts receivable $ 6,400

Cr Sales $ 6,400

Dr Cost of Goods $ 3,000

Cr Invetories $ 3,000

June 2 Received $500 from Dr. Kyle Norby and wrote off the remainder owed on the sale of January 19 as uncollectible.  

Dr Cash $ 500

Cr Accounts receivable $ 500

Dr Bad Debt Expense $ 5.900

Cr Accounts receivable $ 5.900

In the direct Write-Off method, bad debts are directley cancel at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount.

Oct. 23 Reinstated the account of Dr. Kyle Norby that had been written off on June 2 and received $5,900 cash in full payment.  

Dr Accounts receivable $ 5,900

Dr Bad Debt Expense $ 5,900

Dr Cash $ 5,900

Cr Accounts receivable $ 5,900

8 0
2 years ago
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