Business, 08.04.2020 19:09 sukhmanksidhu
Gemstone Jewelers obtains needed short-term funds by selling its accounts receivable to the Friendly Finance Company. Friendly Finance usually pays Gemstone about 80% of the value of the receivables. Gemstone Jewelers utilizes as a means of raising short-term funds.
Answers: 1
Another question on Business
Business, 21.06.2019 20:00
Which of the following statements is true about financial planning
Answers: 2
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s 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, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
Business, 22.06.2019 15:30
Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value
Answers: 2
You know the right answer?
Gemstone Jewelers obtains needed short-term funds by selling its accounts receivable to the Friendly...
Questions
History, 29.07.2019 01:30
Biology, 29.07.2019 01:30
Social Studies, 29.07.2019 01:30
History, 29.07.2019 01:30
Mathematics, 29.07.2019 01:30
Physics, 29.07.2019 01:30
Computers and Technology, 29.07.2019 01:30
English, 29.07.2019 01:30
Social Studies, 29.07.2019 01:30
