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3 years ago

Select the option that describes how to correctly type a capital letter A.

Business

2 answers:

Hunter-Best [27]3 years ago

5 0

Answer:

The answer is B.

Explanation:

Hope this helps

Dafna11 [192]3 years ago

4 0

(b)

yehhhhhhhhhhhhh lol

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The chart of accounts is designed to

SOVA2 [1]

Answer: The correct answer is b).meet the information needs of a company's managers and other users of its financial statements

Explanation: Chart of accounts refers to list of accounts of an organization. It shows at a spot how an organisation receives money and spends money.

Chart of accounts contains Assets, Liabilities, Income, Expenses and Equity.

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4 years ago

A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live foreve

Natalka [10]

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

The interest rate will be:

= $\frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}$

On substituting the given values, we get

= $\frac{800}{50,000}$

= $0.016$

i.e.,

= $1.60 \ percent$

5 0

3 years ago

Define the following: 1. Allocation of resources 2. Economic system 3. Market economy

denis-greek [22]

Allocation of resources is the assignment of available resources to various uses.
Economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.
Market economy is an economic system where supply and demand, direct the production of goods and services.

8 0

3 years ago

Read 2 more answers

A small craft store located in a kiosk expects to generate annual cash flows of $6,800 for the next three years. At the end of t

Dafna11 [192]

Answer:

The monetary value is $24,201.23

Explanation:

Giving the following information:

Cash flows:

Year 1= $6,800

Year 2= 6,800

Year 3= 6,800

Year 4= $15,000.

The discount rate is 15 percent.

We need to discount each cash flow to the present value:

PV= FV/(1+i)^n

Year 1= 6,800/1.15= 5,913.04

Year 2= 6,800/1.15^2= 5,141.78

Year 3= 6,800/1.15^3= 4,471.11

Year 4= 15,000/ 1.15^4= 8,576.30

Total= $24,201.23

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3 years ago

A company prepares its income statement by listing all sources of revenues and gains at the top, followed by a list of all expen

lapo4ka [179]

Answer:

Single step income statement

Explanation:

The single step income statement is the simplest form in which an income statement is prepared, e.g.

Revenues:

Sales revenues $100
Interest income $20 $120

Expenses:

Rent expense $30
Utilities expense $10
Wages and salaries $60 ($100)

Income before taxes $20

Tax expenses ($4.20)

Net income $15.80

A multi-step income statement is more complex, since operating revenues and costs are reported first in order to determine operating income, then other revenues and expenses are introduced and income before taxes is calculated.

8 0

3 years ago