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scoundrel [369]
2 years ago
15

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) __________ account.

Business
1 answer:
Setler79 [48]2 years ago
7 0

Answer:

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) control account.

Explanation:

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In which Step of production process are materials manipulated
12345 [234]

Answer:

tread count

Explanation:

different sizes

8 0
3 years ago
By state law, the local sales tax is fixed at no more than ______ percent of the value of the sale. Multiple choice question.
Anna007 [38]

State law in Texas posits that local sales tax cannot be more than<u> 2%</u> of the value of sale.

<h3>What does Texas state law say?</h3>

Texas state law allows for counties to charge sales taxes on goods and services sold in those areas.

They however limit the amount of taxes that can be paid to 2% so as not to overburden consumers who will have to bear the tax burden.

In conclusion, this is 2%.

Find out more on local sales taxes at brainly.com/question/802898.

3 0
2 years ago
The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nish
ollegr [7]

Answer: commitment

Explanation:

The Chief Executive Officer of Japan Airlines, who was Haruka Nishimatsu, was an example of a strategic leader who had a high performance.

The The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nishimatsu commitment to the company.

4 0
3 years ago
E-eyes.com has a new issue of preferred stock it calls 20/20 preferred. the stock will pay a $20 dividend per year, but the firs
Sophie [7]

The price of the stock 19 years from now would be the present value of all the dividends to be paid starting year 20. Here, to compute the PV of the dividends, we can use the PV of perpetuity formula as the dividends will be paid for the infinite period of time.

Value of the stock after 19 years = Dividend year 20/ required return

= $20 / 0.0725

= $275.86

7 0
3 years ago
From 2015 to 2016, the overall price level rose from 200 to 220. Over the same period, tuition rates at the local community coll
Nikolay [14]

Answer:

C

Explanation:

Inflation is a persistent rise in general price level

Rise in Inflation rate = 220 / 200 - 1 = 10%

Rise in tuition fees = 115 / 100 - 1 = 15%

From the calculations, the percentage change in tuition fees is higher than the percentage change in inflation rate

3 0
3 years ago
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