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Evgesh-ka [11]
2 years ago
12

What was the opening price of Dow Jones Industrial Average on Dec 04, 2018 in the format of XXXXX.XX?

Business
1 answer:
Ymorist [56]2 years ago
5 0

Answer:

$17,910.02

Explanation:

As per online search, the opening price was $17,910.02

<u>Dow Jones Industrial Average (^DJI)</u>

DJI - DJI Real-Time Price. Currency in USD

Summary

Time Period:

Dec 03, 2014 - Dec 05, 2014

Currency in USD

Download

<u>Date      Open    High         Low  Close</u>

Dec 03, 2014     17,880.90     17,924.15 17,855.59 17,912.62

Dec  04, 2014     17,910.02      17,937.96 1 7,814.81         17,900.10

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2 years ago
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How does a payroll accountant use the information in the General Ledger? (You may select more than one answer. The account balan
son4ous [18]

Answer: General Leger account balances aggregate data to determine payroll costs .

The account balances form the basis for accounting reports.

Explanation: a General ledger is defined as the central accounting record of a company or organization consisting of the accounts that support the value items shown in the major financial statements.

The general ledger provides information of accounting reports which in turn is used to balance aggregate data to determine payroll costs .

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2 years ago
The Village Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June
sertanlavr [38]

Answer:

The adjusting entry that should be made by the company on June 30 is

Inventories $ 6,500 (debit)

PPE Asset $ 6,500 (credit)

Explanation:

Error Made on June 30 was as follows : Village Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset.

PPE Asset $6,500 (debit)

Cash $6,500 (credit)

On 30 June the amount of inventory reported is understated by $6500.While the amount of Assets recorded is overstated by $6500

Therefore the adjasting entry for this situation is as follows

Inventories $ 6,500 (debit)

PPE Asset $ 6,500 (credit)

Thus increasing the Inventory balance and decreasing the PPE Asset Balance.

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You have decided to invest in a new business venture that will likely to pay you $800 at the end of each month for the next 10 y
nika2105 [10]

Answer:

PV= $55,760.42

Explanation:

Giving the following information:

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Number of periods= 10*12= 120

Interest rate= 0.12/12= 0.01

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<u>First, we will calculate the future value and the present value.</u>

FV= {A*[(1+i)^n-1]}/i

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<u>Now, the present value:</u>

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3 years ago
Effective managers should Question 26 options: convince employees to engage in relationship conflict rather than the other forms
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Answer: remove all forms of conflict from the organization because it saps productivity.

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Effective managers are the managers who ensures that the goals of an organization are achieved as they bring out the best in the employees. They motivate employees and in such case, employees trust them.

Effective managers remove all forms of conflict in an organization. They ensure that the employees in an organization gets along well and there unity among them because this is vital to enhance productivity and improve organizational growth.

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