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Zepler [3.9K]
3 years ago
12

alex has to pay his car insurance twice a year. each payment is $312. how much money should alex budget for his insurance each m

onth?
Business
1 answer:
SSSSS [86.1K]3 years ago
7 0
This person should budget 52 dollars.
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If $17,000 is invested at 11​% per​ year, in approximately how many years will the investment​ double?
pav-90 [236]

<span>There is a popular rule called the rule of 72 where in you will divide 72 by the interest rate of your investment to know the length of time the value of your money will double.  In here, 72 divided by 11 is 6.55 years. Your $17,000 will be $34,000 after approximately 6.55 years.</span>

3 0
3 years ago
Jones Manufacturing sent Blue Company an invoice for equipment with a list price of $10,000. The invoice is dated July 27 with t
beks73 [17]

Answer:

Amount to be paid = $6,000

Explanation:

Trade discount is the reduction in the list price granted to a buyer. A 40% trade discount implies that Blue would have to pay only 60% of the list price.

The amount due for settlement = 10,000 - (40%× 10,000)= $6,000.

The  term 2/10 implies that Jones is entitled to a cash a discount of 2% if it settles its invoice within 10 days following the invoice date. The deadline settlement date to receive the discount would therefore be August 6.

Since the account was settled on September 8 which is later than the deadline date set to qualify for the cash settlement discount, Blue would have to pay $6,000.

Amount to be paid = $6,000

5 0
3 years ago
Which of the following issues can be offered to the public under the 1933 Act?
dedylja [7]

Answer:

Which of the following issues can be offered to the public under the 1933 Act?

1. An exempt security.

2. A security registered under the Act.

Explanation:

The security's act of 1933 was formulated and passed into law in 1933 to protect investors after the stock market crash of 1929. The law had two major objectives; to enable transparency especially in the financial statements so that investors can make decisions after considering all aspects and also to provide regulations against misrepresentation to discourage cases of fraud in the securities markets.

The security's act of 1933 provided legislation on the sale of securities which was initially governed by the state laws. The law required the companies to register with the Securities and Exchange Commission (SEC) for full disclosure to potential investors. The information is provided to SEC and the potential investors in the form of a prospectus and a statement of registration.

The following issues are including in what can be offered to the public under this act, namely;

1. An exempt security.

2. A security registered under the Act.

However, the SEC does not approve a prospectus therefor issue number three is not true.

3 0
2 years ago
Jerry is a student and is currently on a summer job. He hopes to save $2,000 for his short-, medium and long-term goals. Which o
Goryan [66]

Answer:

OD

allocating funds for buying a new laptop

Explanation:

or A

3 0
2 years ago
Identify characteristics of a corporation. Andrea has prepared the following list of statements about corporations. 1. A corpora
Juliette [100K]

Answer:

1. True

2. True

3. False

4. True

5. False

6. False

7. False

8. False

9. True

10. False

Explanation:

1. True: A corporation is an entity separate and distinct from its owners.

2. True: As a legal entity, a corporation has most of the rights and privileges of a person.

3. False: Most of the largest U.S. corporations are privately held corporations. No, They're publicly held corporations.

4. True: Corporations may buy, own, and sell property; borrow money; enter into legally binding contracts; and sue and be sued.

5. False: The net income of a corporation is not taxed as a separate entity. Actually no, the net income of a corporation is taxed as a separate entity.

6. False: Creditors have a legal claim on the personal assets of the owners of a corporation if the corporation does not pay its debts. Creditors do not have any legal claim on the personal assets of the owners of a corporation, if the corporation does not pay its debts.

7. False: The transfer of stock from one owner to another requires the approval of either the corporation or other stockholders. The transfer of stock from one owner to another, is typically at the stockholder's discretion and so doesn't require the approval of either the corporation or other stockholders.

8. False: The board of directors of a corporation legally owns the corporation. The stockholders legally own the corporation and not the board of directors, whose duty is to only manage it.

9. True: The chief accounting officer of a corporation is the controller.

10. False: Corporations are subject to fewer state and federal regulations than partnerships or proprietorships. Actually not correct, as they're subject to more state and federal regulations than partnerships or proprietorships.

4 0
2 years ago
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