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2 years ago

Which of the following is NOT an advantage of paying bills online?

Business

1 answer:

MrRissso [65]2 years ago

3 0

Answer: you will only receive a record of your payment if you pay bills online

Explanation:

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The Maurer Company has a long-term debt ratio of .50 and a current ratio of 1.40. Current liabilities are $970, sales are $5,190

bekas [8.4K]

Answer:

$7,210.1065

Explanation:

The computation of net fixed assets is shown below:-

But before that we need to do the following calculations

Current Ratio = Current Assets ÷ Current Liabilities

Current Assets = 1.40 × $970

= $1,358

Profit Margin = Net Income ÷ Sales

= 9.30% = Net income ÷ $5,190

Net income = $5,190 × 9.30%

= $482.67

ROE = Net Income ÷ Shareholders Equity

16.90% = $482.67 ÷ Shareholders Equity

Shareholders Equity = $482.67 ÷ 16.90%

= $2,856.0355

Long-term debt ratio = Long term debt ÷ (Long term debt + Equity)

0.50 = Long term debt ÷ (Long term debt + $2,856.0355)

Long term debt = 0.50 × Long term debt + $2,856.0355

0.5 × Long term debt = $2,856.0355

Long term debt = $2,856.0355 ÷ 0.50

= $5,712.071

Total Assets = long term debt + Equity

= $5,712.071 + $2,856.0355

= $8,568.1065

Now

Total Assets = Current Assets + Fixed Assets

$8,568.1065 = $1,358 + fixed assets

So, the fixed asset is

= $8,568.1065 - $1,358

= $7,210.1065

7 0

3 years ago

Marigold Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y

ohaa [14]

Answer:

Dr cash $ 2,473,500.00

Cr preferred stock $ 2,425,000.00

Cr paid-in capital in excess of par-preferred stock $48,500

Dr cash $ 3,422,000.00

Cr preferred stock $ 2,900,000

Cr paid-in capital in excess of par-preferred stock $522,000

Explanation:

The issue of preferred shares on Feb 1 would result in cash proceeds of $ $2,473,500.00 i.e (48,500*$51)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,425,000.00 (48,500*$50) and the remaining amount of $ 48,500.00 is credited to paid-in capital in excess of par-preferred stock.

The issue of preferred shares on July 1 would result in cash proceeds of $3,422,000.00 i.e (58,000*$59)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,900,000.00 (58000*$50) and the remaining amount of $ 522,000.00 is credited to paid-in capital in excess of par-preferred stock

3 0

3 years ago

Development that considers both current and future needs is referred to as______ development

andrey2020 [161]

Answer:

Sustainable

Explanation:

Sustainable development is involves utilization of resources to achieve our goals both in present and the future goals, Sustainable development can be categorized as

✓environmental

✓human

✓ social

✓economic

It should be noted that Development that considers both current and future needs is referred to as sustainable development

7 0

3 years ago

Justin deposits $4,000 into an IRA account that earns an annual interest rate of 6.5%. If he makes no additional deposits, how m

Liula [17]

Answer:

The Future value at year time is $4,260

Explanation:

The future value at the end of the year one can be found by using the compounding formula which is as under:

Future Value = Present Value * (1 +r)^n

Future Value = $4,000 * (1.065)^ 1 = $4,260

8 0

3 years ago

A man earns Rs.450 in a month and spends 85% of his income.what does he save?

Advocard [28]

He saves Rs. 67.5 (take 450 times .85- since its a % and then subtract that from 450)

8 0

3 years ago