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2 years ago

Interest earned on a savings account is _____.

Business

1 answer:

kondor19780726 [428]2 years ago

7 0

Correct
b. the percentage a financial institution pays you to borrow your money

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Calculate the activity rate per grooming order. $fill in the blank 1 per grooming order 2. Calculate, in terms of grooming order

atroni [7]

Solution :

1. calculate the activity rate per grooming order

Activity rate Amount paid to agent

Number of grooming order

28,000

4,000

Therefore, the activity rate = 7 per grooming order

2. Calculating, in terms of grooming order, the :

a. Total activity availability

Number of grooming orders (A) = 4,000

Number of agents (B) 5

Total activity availability (A x B) 20,000

b). Total activity availability 20,000

Less: Orders actually processed (17,800)

Unused capacity 2,200

3. calculating the dollar cost of :

a). Amount paid to the agent (A 28,000

Number of agents (B) 5

Total activity availability in dollars (AxB) 140,000

b). Unused capacity (A) 2,200

Activity rate (B) 7

Unused capacity in dollars (AxB) 15,400

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2 years ago

Sheffield Corp. had credit sales of $1696000. The beginning accounts receivable balance was $175000 and the ending accounts rece

Aleks04 [339]

Answer:

$1,574,000

Explanation:

Cash collections from customers during the period using direct method is computed as;

= Credit sales + Beginning accounts receivables - Ending accounts receivables

= $1,696,000 + ($175,000 - $297,000)

= $1,692,000 - $122,000

= $1,574,000

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2 years ago

Prepare a journal entry for the purchase of office equipment on February 19 for $31,700, paying $7,600 cash and the remainder on

Pani-rosa [81]

Answer:

Dr Office equipment 31,700

Cr cash 7,600

Cr Accounts payable 24,100

Explanation:

Preparation of the journal entry for the purchase of office equipment on February 19

Based on the information given the if asset was purchased on February 19 for the amount of $31,700 in which the company paid the amount of $7,600 cash and the remainder on account which means that the journal entry will be:

February 19

Dr Office equipment 31,700

Cr cash 7,600

Cr Accounts payable 24,100

(31,700-7,600)

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3 years ago

Why might a customer prefer a discount over a sweepstake?

yuradex [85]

D because a discount is an upfront guaranteed incentive

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3 years ago

A disadvantage of the corporate form of business entity is

lapo4ka [179]

Answer:

A disadvantage of the corporate form of business entity is corporations are subject to more governmental regulations.

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3 years ago