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Nimfa-mama [501]
3 years ago
10

Kelly corporation borrows $120,000 from first community bank. How would this transaction be recorded?.

Business
1 answer:
d1i1m1o1n [39]3 years ago
8 0

Answer:

Debit Cash $120,000, credit Notes Payable $120,000

Explanation:

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Why do traditional ad/marketing agencies struggle with digital marketing? check all that apply Group of answer choices Hard to c
VikaD [51]

Answer:

Hard to change ; No digital skills among staff

Explanation:

Traditional ad / marketing agencies are the agencies promoting brands through offline ways. Eg : Banners, Pamphlets etc

Digital Marketing agencies are agencies promoting through online ways. Eg : E mail marketing, Social media marketing etc.

Digital Marketing needs more technical expertise than traditional, conventional marketing. So, traditional marketers & their staff face adaptability issues in adapting to the new technically upgraded marketing approaches. Such because their team & staff members have low techno - digital skills, are accustomed to conventional marketing practices.

8 0
3 years ago
If the relative price of one unit of good y is 0.25 units of good z, then it follows that the absolute price of good z can be __
Klio2033 [76]

Answer: None of the above

Explanation: f the relative price of one unit of good y is 0.25 units of good z, it means that

P_{y} = 0.25 * P_{z}

Out of the given options none satisfy this condition, for

a. P_{y} = 0.25 * P_{z}

P_{y}  = 0.25 (4000) = 1000 \neq 2000

b. P_{y} = 0.25 * P_{z}

P_{y}  = 0.25 (1000) = 250 \neq 2000

c. P_{y} = 0.25 * P_{z}

P_{y}  = 0.25 (2000) = 500 \neq 1000

Therefore, none of the above options satisfy the relative price equation.

3 0
3 years ago
You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th
vovangra [49]

Answer:

Option 1 PV lumpsum = $200000

Option2 PV of Annuity = $195413.08035 rounded off to $195413.08

Based on the present value of both the options, Option 1 should be chosen as it has a higher present value than option 2.

Explanation:

To decide on the best option to choose among the given two, we need to find the present value of both the options.

As the first option is to receive a lumpsum payment of $200000 today, the present value of this option is also equal to $200000 as it will be received today.

Option two, on the other hand, is an annuity as fixed payments will be received after equal intervals of time and for a limited time period and at the end of the period which satisfies the criteria of annuity ordinary. We will use the formula for the present value of annuity which is,

PV of Annuity = C * [( 1 - (1+r)^-n) / r]

Where,

  • C is the periodic payment
  • r is the rate of return of discount rate
  • n is the number of periods

The periodic payment is provided as $1400. We are also provided with and APR of 6% which is the Annual rate. We will have to convert it into monthly rate by dividing it by 12. We are also provided with the number of years which we will need to convert into number of months by multiplying it by 12.

Monthly r = 6%/12 = 0.5%

Number of periods = 20 * 12 = 240

PV of Annuity = 1400 * [( 1 - (1+0.5%)^-240) / 0.5%]

PV of Annuity = $195413.08035 rounded off to $195413.08

5 0
3 years ago
When tax revenue exceed the​ government's outlays, the budget?
Katen [24]
Surplus in the budget
6 0
4 years ago
Sherry is known for being very task oriented in her approach to manage subordinates. Which at the following statement is noot li
Furkat [3]

Answer:

a. She tends to work to develop trusting relationships with subordinates.

Explanation:

since in the given situation it is mentioned that sherry to be called as the very task oriented person in order to manage the subordinates so as per the given situation the first option is correct as it is not describe her behavior that she develop the relationship with the subordinates in a trust worthy way

So the option a is correct

6 0
3 years ago
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