Answer:
Nancy Biggens, REALTOR®
Explanation:
Based on the information provided within the question it can be said that the only way that Nancy may not display her name would be like so, Nancy Biggens, REALTOR®. This is mainly due to the fact that she is not a Realtor and cannot state to be one without having a realtor license. Which is required by law, and in order to get one she needs to meet the states requirements and pass an exam.
Answer:
the nominal rate of return she earned is 12.42%
Explanation:
The computation of the nominal rate of return she earned is shown below:
return = (sell price - buy price + dividend) ÷ buy price
= ($28.45 - $26.50 + 1.34) ÷ ($26.50)
= 12.42%
Hence, the nominal rate of return she earned is 12.42%
We simply applied the above formula so that the correct rate could come
Answer:
maturity
Explanation:
Based on the scenario being described within the question it can be said that the mobile phones are in the maturity stage of the product life cycle. This stage is classified as having past the drastic growth phase in which sales begin to slow down until full maturity is met and sales ultimately begin to die down. Leading to the decline stage.
Answer:
The borrower records its receipt of cash and new liability with this entry
Jan 1 Notes Receivable $10,000 Dr.
Sales / Accounts Receivable $10,000 Cr.
Received Note of 3 months with 9% interest
The entry would credit to Sales if it is received against sales or credit to account receivable isf it is received against accounts receivable for a further time period as the case may be.
Answer: D) It increases liabilities and decreases stockholders' equity by $1.2 million each.
Explanation:
Even though the company has not paid for the advertisement, the expense has already been incurred and by the Accrual principle of accounting it needs to be recorded.
It will therefore be recorded as an expense which will reduce the Income for the year which is a Stockholder equity account so therefore it will reduce the Stockholder account by $1.2 million.
Because the company has not yet paid for the advert, the amount have to be recorded as a liability to the company so liabilities will increase by $1.2 million.
