Select the correct answer.

C. In JuneNikea Inc. received the $10,000 payment from XYZWhich of Nikea's accounts are affected by this transaction and what is

zzz [600]

Answer:

The $10,000 collected by Nikea represent the collections of an accounts receivable, the journal entry should be:

Dr Cash 10,000

Cr Accounts receivable 10,000

In this case, an asset (accounts receivable) will decrease while another asset (cash) will increase). The accounting equation will not change since one assets replaces the other.

Explanation:

3 0

3 years ago

Research reliable news sources to find information on the pros and cons of employers using workers granted H1B visas and the sta

Marrrta [24]

your pfp scares me please change it

5 0

3 years ago

The following present value factors are provided for use in this problem.

DanielleElmas [232]

Answer:

B

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $-42,000,

Cash flow in year 1 = $14,000

Cash flow in year 2 = $14,000

Cash flow in year 3 = $14,000

Cash flow in year 4 = $18,000

I = 11 %

NPV = $4,069.

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

5 0

3 years ago

The collection of feelings and beliefs that managers have about their organization as a whole is known as organizational:

egoroff_w [7]

The collection of feelings and beliefs that managers have about their organization as a whole is known as organizational: organizational commitment
An organizational commitment is determined by the company's culture and how employees experience that culture while committing the time of their lives for the company.

3 0

4 years ago

Suppose that when the price of jelly rises by 20%, the quantity of peanut butter demanded at the current price of peanut butter

hodyreva [135]

Answer: 0.2

Explanation:

Income elasticity of demand refers to the amount that the quantity demanded for a good changes by in response to a change in income.

The formula is therefore:

= Percentage change in quantity demanded of Peanut butter / Percentage change in income

= 2% / 10%

Income elasticity of demand = 0.2

3 0

3 years ago