Answer:
C. Debit to cash
D. Credit to notes receivable
Explanation:
When a company received money for previous sales, the following entry is required -
Debit Cash XXXX
Credit Accounts/Notes receivable XXXX
In that case, as Davis sold Weber equipment with an agreement of notes because of long-term payment, they treated the sale as a note receivable. Whenever the subsequent payment occurred, the entry to record the journal -
Debit to cash and Credit to notes receivable. Therefore, options C and D are both correct.
Answer: should be protected because their account is fully insured by the FDIC.
Explanation:
From the question, we are informed that Xavier and Alyssa kept about $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy but that the bank FDIC member bank.
Based on the above scenario, they'll be protected because their account is fully insured by the FDIC. It should be noted that the Federal Deposit Insurance Corporation helps in insuring several bank deposits and in case of bank failure, the depositors will be paid or the accounts of the bank will have to be transferred to some other bank.
The scenario between Mandi and the car dealer is simply known as a assumptive close.
<h3>What is a assumptive close?</h3>
An assumptive close simply means when one assumes that a customer plans to buy a product and then encourages the person to do so.
In this case, the car dealer simply encouraged Mandi to purchase the car. This illustrates an assumptive close.
Learn more about dealer on:
brainly.com/question/1918419
Answer:
B. Both economies of scope and economies of scale.
Explanation:
In microeconomics, economies of scale are the cost favorable circumstances that undertakings acquire because of their scale of activity, with cost per unit of yield diminishing with expanding scale.
Economies of scope are "efficiencies framed by assortment, not volume". In economics, "economies" is equivalent word to cost sparing and "scope" is synonymous with widening generation/benefits through differentiated items.
Answer:
7.5430%
Explanation:
Treasury securities are the governmental bills, notes, and bonds.
Yield is the amount you earn by holding on to these treasury securities.
Given yield on 1-year Treasury security = 5.38% = 0.0538
and
yield on 2 year Treasury security = 6.456% = 0.06456
THe formula to use would be:
Where
is the yield of 2 year security (here, n = 2)
and
is the yield of 1 year security ( here, n = 1)
Now, substituting, we get:
<u>Converting this to percentage:</u>
0.075430 * 100 = 7.5430%
