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TEA [102]
3 years ago
15

Albert decided that it was time to invest his money. he was quite excited and told his friends about his new financial venture.

even his wife was supportive. albert liked a number of riskier companies, but he decided to invest in the companies which had good financial standing. a year later, when five of the six companies went bankrupt, albert's wife was furious and told him, "anyone could have seen these companies were going to fail." this is called:
Business
1 answer:
NemiM [27]3 years ago
8 0
Financial venture. even his wife was supportive. albert liked a number of riskier company
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Answer:

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Explanation:

Financial statements refers to a statement that that provides formal records of all financial activities and standing of a company or any entity in a structured and easily understandable manner.

For each item of financial statement, an account is kept with the aim of giving a an accurate record of all business activities that are germane to that specific financial statement item.

The purpose of a general ledger is to show individual transactions and resulting account balance of each account of a company as a single collection.

Therefore, an <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.

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3 years ago
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Your grandparents put $10,200 into an account so that you would have spending money in college. You put the money into an accoun
expeople1 [14]

Answer:

Monthly withdrawal = $ 231.17 per month

Explanation:

Below is the calculation:

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Interest rate earned by the deposit = 4.19%

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Monthly withdrawal = 10200/44.12246

Monthly withdrawal = $ 231.17 per month

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In the short-run, the Sure-Screen T-Shirt Company is producing 500 units of output. Its average variable costs are $2.00 and its
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Answer:

the correct answer is $1,250

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