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3 years ago

What are control accounts in accounting??

2 answers:

6 0

In accounting, the controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail.

Alenkinab [10]3 years ago

6 0

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What is the term baltes & baltes use to designate the ways workers narrow their job tasks to only the most important ones an

navik [9.2K]

The term is "selection".

Paul B. Baltes was a German therapist whose expansive scientific plan was dedicated to building up and advancing the life-span orientation of human advancement. He was likewise a scholar in the field of the psychology of aging. Baltes was born in 1939 and died in 2006 at the age of sixty-seven.

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4 years ago

A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represe

Andre45 [30]

Answer:

More than in year 8

Explanation:

A capital lease is a type of lease in which the lesser financed only the asset and all other ownership rights would be transferred to the lessee

In the given situation, the 12-year capital lease is equivalent to the annual lease payment at minimum cost

This payment involves the interest and the reduction amount

Now in the year 10 the reduction made to the lease liability should be more than in the year 8

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3 years ago

What is a requirement for the creation of an agency relationship?

Stells [14]

Agency is a relationship between a principal and an agent in which the principal confers his or her rights on the agent to act on principal's behalf. Such a relationship is based on an agency contract. The rights and duties of the agent and principal are in accordance with the express or implied terms of the contract.

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4 years ago

stock is not expected to pay dividends until three years from now. The dividend is then expected to be $2.00 per share, the divi

Gnesinka [82]

Answer:

The value of the stock today is closest to $53.15

Explanation:

Under the Gordon Growth Model, the share price of share can be calculated as follow

Price of share = D / ( k - g )

Where:

D = End of the first period Dividend

k = Required Rate of Return

g = Expected growth rate

g can be calculated as follow

g = Retention Rate x and ROE

g = ( 1- Dividend Payout Ratio ) x ROE

g = ( 100% - 40% )x 15% = 60% x 15% = 9%

D = $2

k = 12%

Dividends will start at year 3. This will be after 2 years of the end of the year dividend.

Year 3 share Price = $2 / ( 12% - 0.09% )

Year 3 share Price = $66.67

Discounting the year 3 share price back to today's value,

Today's share price = Year 3 share Price / ( 1 + required ROR )^n

Today's share price = 66.67 / ( 1 + 12% )^2

Today's share price = $53.15

6 0

3 years ago

Douros Realty & Construction Co. had a lead on a "prime" piece of real estate. Although Douros did not have a listing agreem

Mazyrski [523]

Answer:

usually, a useful consideration that is needed to aid a contract may be either a loss to the promisee or a benefit to the promisor. The loss to the promisee usually may come in form of his own doing by involvement in illegal dealings. Douros did what or was involved in what he was not expected to do legally by revealing the location of the property and the owner's name. This leads legal consideration and also the courts will hardly take a peep/ look at the adequacy of the consideration.

Explanation:

8 0

4 years ago

What are control accounts in accounting??​

What are control accounts in accounting??