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2 years ago

EXPLAIN WHY ARE CRYPTOCURRENCIES RELIABLE.

Business

2 answers:

cricket20 [7]2 years ago

3 0

Answer:

Explanation:

Cryptocurrency got its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. The aim of the encryption is to provide security and safety.

SpyIntel [72]2 years ago

3 0

Answer:

Explanation:

hope helps..

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Selected data from a February payroll register for Coronado Company are presented below. Some amounts are intentionally omitted.

dlinn [17]

Answer:

1. Overtime= $1,000

2. Gross Pay= $10,000

3. State Income Taxes = $400

4. Total Deductions= $2,483

5/ Salaries and wages expenses = $10,000 (Gross Pay)

Explanation:

The question says to find the following:

1. Overtime

2. Total

3. State Income Taxes

4. Total Deductions

5. Salaries and Wages Expense

1. Overtime

Overtime is derived after calculating the total Gross Pay (2nd question)

Total Gross Pay= Regular + Overtime

$10,000= $9,000 + Overtime

Therefore, Overtime = $10,000-$9,000

Overtime= $1,000

2. Total Gross Pay (this should be treated before the 1st which is overtime)

= Gross Pay =

= calculated as FICA tax expense /the percentage of FICA taxes

FICA tax expense = $765

% of FICA taxes = 7.65

Gross Pay= $765 / 7.65% (0.0765)

= $10,000

3. State Income Tax

The state Income Taxes is derived as follows

Gross Pay x the given percentage (4%)

State Income taxes = $10,000 x 0.04

State Income taxes = $400

4. Calculate the total deductions

Total Deductions are the sum of the following

FICA taxes + federal Income taxes + State Income taxes + Union dues

= $765+ $1,128+$400+$190

= $2,483

5. Salaries and Wages Expense

The answer to this is simply the derived total gross pay (regular + overtime) Calculated in step 2

Gross pay= salaries and wages expense= $10,000

4 0

3 years ago

Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $9

kenny6666 [7]

Answer:

Debit to Unearned Rent

Credit to Rent Earned for $2,925

Explanation:

Given:

Amount of total rent = $7,800

Computation:

Amount unearned = Amount of total rent (3months / 8 months)

Amount unearned = 7,800 [3/8]

Amount unearned = $2,925

Journal entry:

Unearned rent A/c Dr $2,925

Rent A/c Cr $2,925

[Debit to Unearned Rent

Credit to Rent Earned for $2,925]

4 0

3 years ago

The stock is currently selling for $17.75 per share, and its noncallable $3,319.97 par value, 20-year, 1.70% bonds with semiannu

Komok [63]

Answer:

the after-tax cost of debt is 13.24

Explanation:

The after-tax cost of debt is the initial cost of debt as a result of the incremental income tax rate.

The after-tax cost of debt is dependent on the incremental tax rate of a business. If profits are low, a business would pay low tax rate, which means that the after-tax cost of debt will increase. Also, if the business profits increase, they would pay higher tax rate, so its after-tax cost of debt will decline.

Given that:

Required return (r) = 11.50% = 0.0115

The yield on a 20-year treasury bond (y) = 5.50% = 0.055

beta (b) = 1.29

rs = y + (r -y) x b

after-tax cost of debt = 5.50% + (11.50% - 5.50%) x 1.29

after-tax cost of debt = 13.24%

5 0

3 years ago

Brady Company entered into these transactions during May 2022, its first month of operations.

Monica [59]

The effect of each transaction on the accounting equation is to be shown in the attachment below.

The following information should be considered:

In the accounting equation, the total assets should be equivalent to the total liabilities & the shareholder equity.
It determined the financial position, performance of the company.
It is known as the presentation of the balance sheet.

In this way, the accounting equation should be prepared.

Learn more: brainly.com/question/14689492

4 0

2 years ago

Markets provide the efficient amount of a good or service when externalities are present. monopoly exists. public goods are pres

torisob [31]

Markets provide the efficient amount of a good or service when <span>externalities and public goods are absent.
Externalities in this case refers to an unpredictable occurence such as natural disasters, and public goods refers to the goods that given from the government for lower or higher than the market price</span>

4 0

3 years ago