Business, 30.03.2020 17:05 Katmcfee7681
55.The manager of Bonzai's Boutique has approved Carla's application for credit. The maximum payment that has been approved is $95 a month for 24 months. The APR is 16 percent. What is the maximum initial purchase that Carla can make given this credit approval
Answers: 1
Business, 22.06.2019 10:00
Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.
Answers: 2
Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. β exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) β na = (360 ) (360 ) oa b. na = (360 ) + 360 360 β na = 360 na c. (360 ) = na + (360 ) (360 ) β na = (360 ) na d. na = (360 ) + 360 360 β na = 360 na
Answers: 1
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.βs outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in reaβs net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and wellβs officers are a majority on reaβs board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
Business, 23.06.2019 02:50
Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?
Answers: 1
55.The manager of Bonzai's Boutique has approved Carla's application for credit. The maximum payment...
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