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natta225 [31]
2 years ago
13

Choose all that apply. Spreadsheets can be used to

Business
1 answer:
mezya [45]2 years ago
4 0

Answer:

create specific budgets for things like vacations or a wedding

calculate the amount of mortgage payments or car payments

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Askew Company uses a periodic inventory system. The June 30, 2018, year-end trial balance for the company contained the followin
Shtirlitz [24]

Answer and Explanation:

a. The computation of the cost of goods sold is shown below:

Beginning inventory               $32,800

Add: Net purchase

Purchase $248,000

Less: Purchase discount -$6,800

Less: Purchase returns -$10,800

Add: Freight in $18,600

Total net purchased               $249,000

Less: ending inventory          -$40,800

Cost of goods sold                 $241,000

2. The year end adjusting entry is

Cost of goods sold Dr $241,000

Ending inventory  Dr $40,800

Purchase discount Dr $6,800

Purchase returns Dr $10,800

            To Beginning inventory $32,800

            To Purchase $248,000

            To freight in $18,600

(Being the cost of goods sold is recorded)

4 0
3 years ago
Please help if you know..
padilas [110]
B. People with the same job title may perform different duties
4 0
3 years ago
Read 2 more answers
A card which requires the cardholder to pay a sum of money equal to the credit limit is called a
Brrunno [24]
The answer is Credit card.

Credit card is a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
5 0
2 years ago
Assume that you manage a risky portfolio with an expected rate of return of 15% and a standard deviation of 30%. The T-bill rate
bulgar [2K]

Answer:

The proportion of the investment is 100%.

Explanation:

This can be calculated using the following formula:

Rportfolio = (y * Rrisky) + ((1 - y) * Ttbill) ..................... (1)

Where;

Rportfolio = Overall portfolio expected rate of return = 15%. or 0.15

Rrisky = risky portfolio expected rate of return = 15%, or 0.15

Ttbill = T-bill rate = 10%, or 0.10

Substituting the values into equation (1) and solve for y, we have:

0.15 = (y * 0.15) + ((1 - y) * 0.10)

0.15 = 0.15y + 0.10(1 - y)

0.15 = 0.15y + 0.10 - 0.10y

0.15 - 0.10 = 0.15y - 0.10y

0.05 = 0.05y

y = 0.05 / 0.05

y = 1.00, or 100%

Therefore, the proportion of the investment is 100%.

6 0
2 years ago
__________ is not a technology company but used technology to revamp the business process of renting movies.
zmey [24]

Answer:

Netflix

Explanation:

Netflix is a company that uses streaming service where viewers can watch varieties of documentaries, popular films etc on their network . This type of service enables users to access latest films, TV shows, offered by Netflix over the internet. Although users get to watch and enjoy these services through a paid subscription, there are quite unlimited films that can be watched and downloaded for offline viewing.

Unlike a conventional method where people can watch and download films, documentaries online, Netflix provides a platform that warehouses collections of films, documentaries, TV shows hence revamp the business methods of renting movies.

6 0
3 years ago
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