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2 years ago

What the Business ethics About USA

Business

1 answer:

AlexFokin [52]2 years ago

6 0

Answer:

General professional conduct, social values, anti-discrimination, fair labor standards, financial responsibility and honest marketing.

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Crown Company established a petty cash fund of $600 for incidental expenditures on January 2, 2019. At the end of the month, the

FrozenT [24]

Answer:

1) Dr Petty Cash $600

Cr. Cash $600

2) Dr. Postage Expense $250.40

Dr. Office Supplies Expense $160.90

Dr. Miscellaneous expense $124.05

Dr. Cash over and short $8.3

Cr. Cash $543.65

8 0

3 years ago

Problem 3 Suppose that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a

Flura [38]

Answer:

Please see explanation

Explanation:

To answer the given question, first we will calculate the theoretical future price which shall be determined using continuous compounding formula as follows:

Theoretical future price=400*e^(10%-4%)*4/12

=$408.08

The actual future price of a contract deliverable in 4 months is only $405 which means that the index future price is too low in relation to the index.

The suitable arbitrage strategy shall be:

1. to purchase the future contracts

2.Short sale the shares which are underlying the index

7 0

3 years ago

Benton County includes an independent school district and two individually chartered towns within the County. Benton County’s Tr

Svet_ta [14]

Answer:

In the Book of Benton County:

a. Debit Cash Account for $40,000,000; Credit Property Tax for $25,000,00; and Credit Tax Collection Custodial Fund for $15,000,000.

b. Debit Tax Collection custodial Fund Account for $15,000,000; Credit School District Account for $12,500,000; and Credit Towns Account for 2,500,000.

c. Debit School District Account for $12,500,000; Debit Towns Account for $2,500,000; and Credit Cash Account for $15,000,000.

In the Books of School Districts Accounts:

a. Debit Benton County Accounts for $12,500,000; and Credit Property Tax Account for $12,500,000.

b. Debit Cash Account for $12,500,000; and Credit Benton County Accounts for $12,500,000.

In the Books of Towns Accounts:

a. Debit Benton County Accounts for $2,500,000; and Credit Property Tax Account for $2,500,000.

b. Debit Cash Account for $2,500,000; and Credit Benton County Accounts for $2,500,000.

Explanation:

Note: See the attached excel for how the journal entries will look together with the explanation.

Download xlsx

8 0

3 years ago

What is application software used for?

zloy xaker [14]

Answer:

c I'm pretty sure

hope this helped!

3 0

2 years ago

Wattan Company reports beginning inventory of 10 units at $60 each. Every week for four weeks it purchases an additional 10 unit

qwelly [4]

Answer:

cost of goods available for sales= $3,180

Number of units= 50 units

Explanation:

Giving the following information:

Wattan Company reports beginning inventory of 10 units at $60 each. Every week for four weeks it purchases an additional 10 units at respective costs of $61, $62, $65, and $70 per unit for weeks 1 through 4.

To calculate the cost of goods available for sales, we need to use the following formula:

cost of goods available for sales= beginning inventory + cost of goods purchase during the year

cost of goods available for sales= 10*60 + 10*61 + 10*62 + 10*65 + 10*70

cost of goods available for sales= $3,180

Number of units= 5*10= 50 units

5 0

3 years ago