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aalyn [17]
1 year ago
13

How much total interest will Molly pay using this plan?

Business
1 answer:
aleksandrvk [35]1 year ago
8 0
Theres no equation sorryy
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Which of the following is true about a "credit"? I. It is part of the double-entry procedure that keeps the accounting equation
kipiarov [429]

Answer:

III. I, II, III, and IV.

  • I. It is part of the double-entry procedure that keeps the accounting equation in balance.
  • II. It represents a decrease to assets.
  • III. It represents an increase to liabilities.
  • IV. It is on the right side of a T-account.

Explanation:

The debit-credit balance is necessary for maintaining the accounting equation in balance, i.e. all the debits must have a corresponding credit.

Asset accounts increase when they are debited and decrease when they are credited.

Liabilities accounts decrease when they are debited and increase when they are credited.

Debits are on the left side of a t-account and credits are on the right side.

3 0
3 years ago
On January 1, 2020, Hage Corporation granted incentive stock options to purchase 26,000 of its common shares at $7 each. The opt
malfutka [58]

Answer:

223,250 shares

Explanation:

proceeds from the exercise of options

= 26000 × 7 =                                                                                 182,000

used to repurchase common stock at market price

182,000 ÷ 8 =                                                                                   22,750

shares outstanding march 31, 2021          

                                                                                                      220,000

shares to be used in cal diluted EPS;

(26,000 - 22750) + 220,000                                                       223,250‬

       

No. of Shares for computing Diluted Earning per share = 223,250 shares

5 0
3 years ago
Support functions manage and improve the efficiency of an organization's conversion processes so that more value is created.
HACTEHA [7]

Answer:

a) true

Explanation:

Support Function include Information Technology, Human Resources, Finance and Marketing. These are there to ensure that conversion process is efficient by providing support services such as sourcing of talent, fund management, communication.

3 0
2 years ago
Which of the following is a capital budgeting technique that converts a project's cash flows using a more consistent reinvestmen
yulyashka [42]

Answer:

c. modified internal rate of return

Explanation:

Modified internal rate of return ( MIRR ) -

The modified internal rate of return is used in order to rank the projects or the investment that are of unequal size.

The assumption involved is that the positive flow of cash are again invested to the firm and the initial outlays are financed during the firm's financing cost , is referred to as the MIRR.

MIRR is very accurate in comparison to the traditional internal rate of return (IRR) and gives the profit and cost of the project with more accuracy.

Hence , from the given information of the question,

The correct option is c. modified internal rate of return .

4 0
3 years ago
Charging high prices to earn large profits during a time when there is little competitionrepresents a ________ strategy:________
Usimov [2.4K]

Answer:

Skimming

Explanation:

Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.

Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.

6 0
3 years ago
Read 2 more answers
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