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3 years ago

The financial institution that generally charged the lowest rates on loans is

Business

1 answer:

astra-53 [7]3 years ago

8 0

Banks and Credit Unions usually charge the lowest rates on loans.

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Eastline Corporation had 10,000 shares of $10 par value common stock outstanding when the board of directors declared a stock di

tekilochka [14]

Answer:

B) Debit Retained Earnings $36,000; credit Common Stock Dividend Distributable $30,000; credit Paid-In Capital in Excess of Par Value, Common Stock $6,000.

Explanation:

The journal entry is as follows:

Account Debit Credit

Retained Earnings $36,000

Common Stock Dividend Distributable $30,000

Paid in Capital in Excess of Par Value $6,000

4 0

4 years ago

_______ occurs when conflicted parties seek an agreement through direct negotiation.

Yuki888 [10]

Hi the answer to this question would be bargaining :)

7 0

3 years ago

Pug Photoshop sold $2,900 in gift cards on a special promotion on October 15, 2021, and sold $4,350 in gift cards on another spe

NikAS [45]

Answer:

the deferred revenue account is $2,900

Explanation:

The computation of the deferred revenue account is as follows;

= November sales - redemption of November and December month

= $4,350 - $435 - $1,015

= $2,900

Hence the deferred revenue account is $2,900

It could be come after applying the above formula

Therefore the correct option is 2nd

3 0

3 years ago

In its first month of operations, Skysong, Inc. made three purchases of merchandise in the following sequence: (1) 320 units at

Sidana [21]

Answer:

(a) $1,760

(b) $1,100

Explanation:

Given that,

Skysong, Inc. made three purchases of merchandise:

(1) 320 units at $5

(2) 420 units at $7

(3) 520 units at $8

Units on hand at the end of the period = 220

(a) Under FIFO method,

cost of ending inventory:

= Units on hand at the end of the period × $8 (From the last purchase)

= 220 × $8

= $1,760

(b) Under LIFO method (Comprise units from the first purchase),

cost of ending inventory:

= Units on hand at the end of the period × $8 (From the first purchase)

= 220 × $5

= $1,100

8 0

3 years ago

Charlie the cat stole $20 from his cat mom. He's planning on spending the money he stole on catnip (Q1) and dental treats (Q2).

RideAnS [48]

Answer:

$ 20= Q1 (0.5 ) + Q3( 3)

Explanation:

Total Amount = $ 20

Dental treats Q2= $ 3

Catnip Q1= $ 0.50

Maximum no of Dental Treats he can get is = $ 20 /$3= 6.66

If he gets maximum dental treats i.e 6 , $18 will be spent (3*6)

He will be left with = $ 20- $ 18= $ 2

The maximum no of catnip he can get after buying 6 dental treats from $ 2= $ 2/$0.5= 4

Let Q1 denote the catnip and Q3 denote the dental treats then the equation would be like

$ 20= Q1 (0.5 ) + Q3( 3)

So putting the values for q1=0,1,2,3,4,5,6,7,8,9,10

for values 0-4 Q3 will be $ 18

for values 4-6 Q3 will be $ 15

for values 6-8 Q3 will be $ 12

From values Zero on wards the budget constraint will be a slope but after value 4 the change will be after every two points.

The slope will look like the one given in the diagram.

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6 0

3 years ago