Answer:
It's mostly likely he would search the internet for information.
Answer:
<em>This is a violation of the stored Communications Act.</em>
Explanation:
The Stored Communications Act (SCA), protects the rights of people and organizations from its participants to leak any information. This act works on the principle of the rights to be secure and protected.
As Sonya and other employees were using social media to chat about the company, the info was not being held private and came under the violation of the stored communication act. As a result, Sonya and other participants were fired.
Explanation:
Because those payments are done for creditors, repayment of loans and other expenses
The entry to record this transaction would include:
Dr. Inventory $20,000
Cr. Accounts payable $20,000
What does it mean to purchase inventory on account?
Purchasing the inventory on account for $20,000 means that Ferguson corp. did not make payment for the inventory immediately, it rather purchased the inventory on credit with a promise to pay later.
As a result, the liability of Ferguson corp. has increased, specifically, the company would credit accounts payable with $20,000 such that inventory, which is the receiving account is debited with the same amount
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Answer:
40%
Explanation:
Initial amount invested = $50 × 100 × 50% = $2,500
Profit from sale and repurchase = ($50 - $40) × 100 = $1,000
Rate of return = $1,000 ÷ $2,500 = 0.40, or 40%.
Therefor, the rate of return would be 40%.
