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3 years ago

Jasmine2720

Business

2 answers:

RSB [31]3 years ago

6 0

How do you get scammed? That doesn’t make sense… this is a homework app..?

ruslelena [56]3 years ago

5 0

Answer:

I don't know who you are meaning this to go to, but I would like to say that no one on here has any reason to believe your dad is the ' owner '. My point is clearly stated, if you don't understand then let me simplify; Keep your issues and interesting / facts / to youself.

Have a nice day/night :)

Explanation:

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Logano Driving School’s 2017 balance sheet showed net fixed assets of $2.4 million, and the 2018 balance sheet showed net fixed

Ray Of Light [21]

Answer:

The answer is: $1,219,000

Explanation:

Net capital spending (NCS): is the amount of money a company invests in acquiring new fixed assets.

We use the following formula:

Net Capital Spending = ending fixed assets – beginning fixed assets + depreciation

NCS = $3,300,000 - $2,400,000 + $319,000 = $1,219,000

8 0

3 years ago

Under the ______ method, the underwriter sells as many shares as possible but may or may not sell all of the new shares. multipl

malfutka [58]

Under the Best efforts method, the underwriter sells as many shares as possible but may or may not sell all of the new shares.

The best efforts method is used in the oil and gas industry to account for certain operating expenses sells as many shares as possible. Under the successful efforts method, a company only capitalizes those costs associated with the location of new oil and gas reserves when those reserves have been found.

The term best efforts refers to an agreement made by a service provider to do whatever it takes to fulfill the requirements of a contract. In finance, an underwriter makes a best efforts or good faith promise to the issuer to sell as much of their securities offering as possible. While the two parties come to an agreement for the sale of some securities, the underwriter doesn't guarantee to sell them all.

Best efforts is a term for a commitment from an underwriter to make their best effort to sell as much as possible of a securities offering.
It is also a general service agreement term used in place of a firm deliverable commitment.
The opposite is a firm commitment or bought deal, in which the underwriter buys all shares or debt and has to sell it all to make money.

Learn more about Best efforts method here

brainly.com/question/22372489

#SPJ4

7 0

2 years ago

Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in $15, $25, an

ANTONII [103]

Answer and Explanation:

The journal entries are given below:

a. Deferred revenue from gift cards $19,000,000

To sales revenue $19,000,000

(being the sales revenue is recorded)

Cash $12,000,000

To deferred revenue from gift cards $12,000,000

(Being the Receipt of cash from gift cards)

These two entries are to be recorded for the given situation

8 0

3 years ago

What benefits do you expect to achieve from career exploration?

lidiya [134]

You expect to find and increase knowledge of what really fits for you to do for the rest of your career life.

6 0

3 years ago

A. Finance, or financial management, requires the knowledge and precise use of the language of the field.

Sergio [31]

Answer:

1. Amortization Schedule.

2. Amortized loan.

3. Annual Percentage rate.

4. Discounting.

5. Future Value.

6. Opportunity cost of funds.

7. Time value of money.

8. Annuity due.

9. Perpetuity.

10. Ordinary annuity.

11. PMT/r.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

Some of the financial terminologies used in financial accounting are;

1. Amortization Schedule: A schedule or table that reports the amount of principal and the amount of interest that make up each payment made to repay a loan by the end of its regular term.

2. Amortized loan: A loan in which the payments include interest as well as loan principal.

3. Annual Percentage rate: A value that represents the interest paid by borrowers or earned by lenders, expressed as a percentage of the amount borrowed or invested over a 12-month period.

4. Discounting: A process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate.

5. Future Value: The name given to the amount to which a cash flow, or a series of cash flows, will grow over a given period of time when compounded at a given rate of interest.

6. Opportunity cost of funds: A 6% return that you could have earned if you had made a particular investment.

7. Time value of money: A concept that maintains that the owner of a cash flow will value it differently, depending on when it occurs.

8. Annuity due: A series of equal cash flows that occur at the beginning of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).

9. Perpetuity: A cash flow stream that is generated by a share of preferred stock that is expected to pay dividends every quarter indefinitely.

10. Ordinary annuity: A series of equal cash flows that occur at the end of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).

11. Time value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet. The equation which can be used to solve for the present value of a perpetuity is given below;

Present value of a perpetuity (PV) = PMT/r

Where;

PMT represents the payment amount.
r represents the annual interest rate.

3 0

3 years ago