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3 years ago

Use the following quote to answer the question.

Business

1 answer:

Marizza181 [45]3 years ago

7 0

Answer:

The Florida Constitution Article XI: Section 3

Explanation:

The above article is an extract from the Florida Constitution Article XI: Section 3. It extends the power to amend any sections of the constitution to the people except for limiting the government's power to raise revenue.

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your friends, jim and joey (16) are twin brothers and just received a $1000 inheritance from a wealthy aunt. jim wants the two o

7nadin3 [17]

The best argument to persuade Joey to buy the 4-wheeler is to inform him that keeping the money in a savings account would cause that money to loose value overtime (due to interest rates). Therefore, to ensure the best use of the $1000, it is ideal to use that money rather than save it.

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3 years ago

The following information is reported for Kinney Corporation at the end of 2013.

nexus9112 [7]

Answer:

a. Compute the amount of retained earnings at the end of 2013.

With 621K in equip. With 495K in equip.

709.500 583.500

b what was its net income for 2013?

With 621K in equip. With 495K in equip.

Net Income 628.500 502.500

Explanation:

With 621K in equip. With 495K in equip.

- Accounts Receivable $103,500 103.500 103.500

- Supplies Inventory 40,500 40.500 40.500

- Equipment 621,000 495,000 621.000 495.000

765.000 639.000

- Accounts Payable 49,500 49.500 49.500

- Cash Common Stock 6,000 6.000 6.000

- Retained Earnings ? 709.500 583.500

765.000 639.000

Retainend earnings

Begining 135000 135000

Cas Dividens -54000 -54000

Retained earnings 709.500 583.500

Net Income 628.500 502.500

4 0

3 years ago

To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential. For

Gnesinka [82]

Answer: See explanation

Explanation:

A bond’s (face value) is generally $1,000 and represents the amount borrowed from the bond’s first purchaser.

A bond issuer is said to be in (default) if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue’s restrictive covenants.

A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a (sinking fund provision).

A bond’s (call provision) gives the issuer the right to call, or redeem, a bond at specific times and under specific conditions.

The face value is the dollar value of a security, or a stock's original cost. Default means when the bond issuer doesn't agree with the stated terms of the bond.

4 0

3 years ago

Statutes that are enacted to protect the public are called licensing statutes. Generally, unlicensed persons cannot recover paym

guapka [62]

Answer:

If a statute is silent on this point, enforcement depends on whether it is a(n) REGULATORY statute or a revenue-raising statute.

Explanation:

Regulatory statutes regulate practitioners, e.g. doctors, constructors, real estate brokers, dentists, etc., and its main purpose is to protect the general public. This statues are state laws meant to regulate certain professions that may be considered sensitive or hazardous. E.g. a person that pretends to be a doctor can severely injure a patient or even kill him/her. A person that pretends to be a real estate broker can be committing fraud against his/her clients.

8 0

4 years ago

Read 2 more answers

Valentina invested $6500 in a savings accoint with a yearly interest rate of 4% for 7 years. How much simple interest did she ea

Digiron [165]

The equations is A= P(1 + r)^t, where P is the amount invested, r is the interest rate, and t is the time. So A, your total amount in the bank account including interest, is equal to 6500(1.04)^7, which is The answer is $8553.56 (that's what I rounded to). That is your total, so subtract 6500 from that number and you'll get the interest amount.

4 0

3 years ago