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Stolb23 [73]
3 years ago
7

In which transaction cycle would customer sales transaction information be most likely to pass between internal and external acc

ounting information systems?
a. the revenue cycle

b. the expenditure cycle

c. the human resources / payroll cycle

d. the financing cycle?
Business
1 answer:
dlinn [17]3 years ago
5 0
A. the revenue cycle

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________ is characterized by a low degree of departmentalization, wide spans of control, authority centralized in a single perso
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Simple Structure

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Rosewood Company made a loan of $16,000 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rat
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Answer:

The correct answer is $720 in Year 1 and $240 in Year 2 Next.

Explanation:

According to the scenario, the given data are as follows:

Loan Amount =$16,000

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Time period for first year (Apr - Dec) = 9 months

Time period for second year ( Jan - Mar) = 3 months

So, we can calculate the amount of interest by using following formula:

For first year:

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8 0
3 years ago
You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e
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$42.60

Explanation:

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Current value =  $1.85 / (1+10%) + $45 / (1+10%)

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3 years ago
The financial statements of Georgi Manufacturing Company report net sales of $595,000and accounts receivable of $80,000 and $60,
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43 days

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$8,700

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