The amount of Accounts Payable for Northview Company is $18,000.
What is the amount of Accounts Payable for Northview Company is?
The following are the different categories of accounts for the Northview Company based on the adjusted trial balance: Balance sheet accounts Accounts Receivable Inventory Accounts payable Income statement accounts Advertising Expense Cost of Goods Sold Delivery Expense Income Tax Expense Insurance Expense Rent Expense Sales Revenue Sales Discounts Sales Returns & Allowances .
The different categories of accounts for the Northview Company based on the adjusted trial balance are:
Balance sheet accounts:
These are the assets, liabilities, and equity that are present on the balance sheet of the company. The balance sheet accounts are Accounts Receivable, Inventory, and Accounts payable.
Income statement accounts:
These are the accounts that are used to calculate the net income or loss of the company over a particular time period. These accounts are used to determine the profit or loss of the company.
The income statement accounts are:
Advertising Expense, Cost of Goods Sold, Delivery Expense, Income Tax Expense, Insurance Expense, Rent Expense, Sales Revenue, Sales Discounts, and Sales Returns & Allowances.
Cost of Goods Sold:
This account is used to determine the cost of goods sold for a particular time period. The Cost of Goods Sold for Northview Company is $165,000.
Sales Revenue:
This account is used to determine the total sales revenue for a particular time period. The sales revenue for Northview Company is $350,000.
Accounts payable:
This is the amount that the company owes to its suppliers or vendors. The amount of Accounts Payable for Northview Company is $18,000.
Learn more about: Northview Company
brainly.com/question/29289708
#SPJ
kenneth's arrows and bows borrows $7,000 for one year at an 12% annual interest rate. what is the effective rate of interest if the loan is discounted?
The effective rate of interest if the loan is to be discounted is 13. 64%
How to find the effective interest rate?The effective interest rate on the loan by Kenneth's arrows and Bows can be found by the formula:
= Interest paid on loan - Principal to be returned
Interest paid on loan is :
= 7, 000 x 12 %
= $ 840
Principal to be returned :
= 7, 000 - 840
= $ 6, 160
The effective interest rate is:
= 840 / ( 7, 000 - 840 )
= 13. 64%
Find out more on effective interest rate at https://brainly.com/question/26077394
#SPJ1
_________________ __________________ refers to the perceived benefits, both monetary and non-monetary, that a customer receives from a product compared to the cost associated with obtaining it.
Customer perceived value (CPV) refers to the perceived benefits, both monetary and non-monetary, that a customer receives from a product compared to the cost associated with obtaining it.
CPV is an important concept in marketing, as it helps businesses understand what their customers value and how to create offerings that provide a higher perceived value to attract and retain customers. Customer value is subjective and can vary from customer to customer, as it depends on individual needs, preferences, and perceptions.
It includes both tangible and intangible benefits that a customer perceives from a product, such as quality, performance, reliability, convenience, service, brand reputation, emotional satisfaction, and more. Customer value is not limited to monetary benefits, but also includes non-monetary factors such as time saved, convenience, ease of use, and other intangible benefits.
Customer value is a crucial factor in customer decision-making and influences customer satisfaction, loyalty, and purchasing behavior.
To know more about Customer perceived value refer here:-
https://brainly.com/question/30821779#
#SPJ11
If the marginal benefit of the first donut is 30, the marginal benefit of the second donut is 15, and the marginal benefit of the third donut is 10,
what is the total benefit from eating 2 donuts?
Answer:
45
Explanation:
Marginal benefit is the additional satisfaction gained from consuming an additional unit of the good. It refers to the advantage associated with the consumption of one more unit of a product. The total benefit is total satisfaction derived from the consumption of goods and services.
The total benefit of consuming two doughnuts is the sum of consuming the first two doughnuts.
= 30 +45
=45
4. What are some of the things that could happen on the job that would cause me to resign?
Answer:
Some of the things that could happen on the job that would cause you to resign are:
A toxic work environment. If you are constantly feeling stressed, anxious, or unhappy at work, it may be time to resign. A toxic work environment can have a negative impact on your physical and mental health, and it can make it difficult to be productive.A lack of opportunities for growth. If you feel like you are not learning or growing in your current role, you may be ready to move on. A lack of opportunities for growth can lead to boredom, frustration, and a feeling of stagnation.Unrealistic expectations. If your employer is constantly setting unrealistic expectations, it can be very difficult to meet them. This can lead to stress, anxiety, and burnout.A lack of support from your manager. If you feel like your manager is not supportive of you or your work, it can be very difficult to be successful in your role. A lack of support can make it difficult to ask for help when you need it, and it can make you feel like you are not valued.A change in the company culture. If the company culture changes in a way that you do not agree with, it may be time to resign. A change in company culture can make it difficult to fit in, and it can make you feel like you are no longer a good fit for the company.A personal reason. Sometimes, you may need to resign from your job for a personal reason, such as a family emergency or a health issue. If you are facing a personal crisis, it is important to put your own needs first.Sid Brutality is the lead guitarist and singer for a popular and successful rock group known as Bad Aftertaste. Bad Aftertaste practices twice a month at Sid’s home. Sid’s neighbor, Kate, is trying to sell her home. Does Kate need to provide written disclosure that Bad Aftertaste practices nearby?
Considering the situation described above, Yes, Kate needs to provide written disclosure that Bad Aftertaste practices nearby.
What is Written Disclosure?A Written Disclosure is a written agreement that is made to state the nature of the condition of items that forms the major part of the contract.
Given that Bad Aftertaste practices are nearby and the noise or sound of the band may affect the new neighbor or occupant of the building, it is expected that the potential buyer is aware of the nature of the building.
Written disclosure should be made and delivered to the buyer before acceptance is made. it must be dated and signed.
Hence, in this case, it is concluded that the correct answer is Yes; Kate needs to provide written disclosure that Bad Aftertaste practices nearby.
Learn more about Written Disclosure here: https://brainly.com/question/3368840
10. All items are provided under one roof in
retailing.
causes of corruption?
Answer:
Personal greed, Decline of personal ethical sensitivity, the size and structure of governments, economic freedom/openness of economy, Cultural environments that condone corruption, Lack of transparency, Slow judicial processes, etc.
Explanation:
Answer:
MAIN CAUSE OF CORRUPTION ATE
1)GREATER NUMBER OF POPULATION.
2) WEAKNESS OF THE SOCIETY
3) THERE BE LESS AWARNESS.
4)SELF DESTRUCTIVE MINDED PERSON.
5) MAKING MUCH RICH AND LIVING COMFORTABLE
A home country wants to limit outward fdi flow. What policy should the country implement?.
Taxing domestic companies' overseas earnings at a greater rate than their domestic earnings is a home-country policy meant to restrict outbound FDI movement.
Taxing domestic companies' overseas earnings at a greater rate than their domestic earnings is a home-country policy meant to restrict outbound FDI movement. A local company will invest less abroad if its international earnings are taxed more heavily than its home earnings. They'll cut back on their FDI abroad. This will reduce the flow of FDI abroad.
A foreign enterprise or project that receives a foreign direct investment domestic (FDI) from a foreign investor, business, or government.
The phrase is typically used to indicate a commercial move to buy a sizable portion of a foreign company or to expand operations to a new domestic area. Typically, the phrase is not used to refer to a single stock investment in a foreign company. Because it establishes strong, long-lasting ties between economies, FDI is a crucial component of global economic integration.
Learn more about FDI here
https://brainly.com/question/10543250
#SPJ4
Answer:
Explanation:
Based on observations of what actually goes on in organization enacted values and norms are exhibited by employees
Values are something which hold importance in someone's life. These guide behaviour and help in making ethical decisions. Norms are rules that determine and regulate appropriate behaviour within the organization. Enacted values are the guidelines and norms that are actually followed by the organization’s employees on a daily basis.
Examples of enacted values and norms include accountability, honesty etc.
To learn more about value click here:
brainly.com/question/11546044
#1234
IF YOU WANT TO BE A VET READ THIS!!!
Requierments:
- They never take students who do not have straight A's, so keep working hard!!
- To go into collage you must have at least 2 years of language (this doesn't mean you have to be fluent or even know it, its just good for applications)
- Have volunteer hours
- Have a clean slate, no laws broken, detentions, etc... (just show your a good person)
- Have good credits
And of course much more, but those are just the basics.
PET VETS:
College: 8+ years
Average Wage: $100,000-$110,000+ yearly
Aedemics: D.V.M or V.D.M
FARM VETS:
College: 6+ years
Average Wage: $100,000-$105,000+ yearly
Aedemics: D.V.M or V.D.M
ZOO VETS:
College: 6+ years
Average Wage: $86,757-$104,000+ yearly
Aedemics: D.V.M or V.D.M
AQUATIC VETS:
College: 8+ years
Wage: $90,000-$100,000+ yearly
Aedemics: D.V.M or V.D.M
I hope this helps you!
Please answer in the vet proffession that you would like and your favorite animal in that group and why!
PLEASE DO NOT REPORT!! I know this isn't a question but it is important information i find interesting to share!
Have a great day!
During the two years he has been working, Jeffrey has saved some money to buy a house. His parents have agreed to loan him part of the down payment, and he has started to look for a house he can afford. He discovered a great house that has two apartments in it. He has looked at all the information carefully, done his budget, and thinks he can afford the house because he will live in only part of it and will rent out the other half. If Jeffrey buys this house, lives in the apartment upstairs and rents out the apartment downstairs, which of the following is true?
Answer:
you have to give "the following"
How the business can use creative thinking to solve business problems
Explanation:
Creative thinking helps you to see opportunities in the marketplace or come up with a unique solution to a problem—and isn’t this the cornerstone of any business?
Creativity is key to innovation. When issues come up, you’ll be able to think of ways over, under, or through the roadblocks.
Creativity stimulates the brain and helps us to wake up and pay attention. Noticing more of what’s around us aids in developing novel approaches to help your business stand out.
Creative thinking helps you keep your business presence fresh. You’ll be able to constantly reinvent your business in order to stay in your customers’ awareness.
Creativity helps you shift your perception so you can better understand your customers’ point of view.
Creativity gives you a higher tolerance for risk—you’re used to working through fear of failure.
Creativity improves your leadership skills. Being an effective leader means being creative in your approach and problem-solving. When you have the capacity to let go of the outcome and be open to out-of-the-box thinking, you free your business team up for generating new ideas.
Creativity helps you to broaden your vision of what it means to be successful in your business—what it can offer to the world.
Creativity strengthens your resilience. When those inevitable stressful periods come up, you’re able to bounce back faster instead of getting derailed.
Creativity invites flow and feels good, and when you feel good, you attract your ideal customers and clients.
Can you creatively think of even more ways that creativity can help your business?
Mark the statements that are True
(A) NYSE ® symbols are usually four or more letters.
(B) The S&P ® list contains the 500 largest publicly held companies.
(C) Standard & Poor's ® 500 is a type of stock index favored by professionals because it includes a far wider range of public companies than the Dow Jones SM industrial average does.
(D) Common stock is a type of stock that is the safest you can purchase.
(E) Your portfolio is all of the various stocks or bonds that you, as an investor, hold.
(F) Owners of preferred stock receive a fixed dividend payment
(A) True
(B) True
(C) True
(D) False
(E) True
(F) True
(A) The statement is true. NYSE symbols are typically four or more letters and are used to identify individual stocks listed on the New York Stock Exchange.
(B) The statement is true. The S&P 500 is a stock market index that includes the 500 largest publicly held companies in the United States. It is widely used as a benchmark for the overall performance of the stock market.
(C) The statement is true. The S&P 500 is favored by professionals because it provides a broader representation of the market compared to the Dow Jones Industrial Average, which includes only 30 large industrial companies.
(D) The statement is false. Common stock is not necessarily the safest type of stock to purchase. While common stock represents ownership in a company, it is subordinate to preferred stock and may be subject to more risk and volatility.
(E) The statement is true. A portfolio refers to the collection of various stocks, bonds, or other investments held by an investor. It represents the overall investment holdings of an individual or entity.
(F) The statement is true. Owners of preferred stock receive a fixed dividend payment, which is predetermined and paid out before dividends are distributed to common stockholders. Preferred stockholders have a higher claim on the company's assets and earnings compared to common stockholders.
Learn more about S&P 500 here:
https://brainly.com/question/30763052
#SPJ11
Question 9 (1 point)
Owning a nursery is a good example of a career in the agriculture, food, and natural
resources career cluster
True
False
Answer:
True
Explanation:
Nursery refers to a section of a farm where plants are grown up to the desired age before transplanting to bigger fields. They provide a convenient way of taking care of seedlings. Nurseries offer favorable growth conditions for germinating and growing food and non-food plant seedlings.
The agriculture, food, and natural resources cluster comprise all careers related to the creation of agricultural products. Someone who owns a nursery that grows food plants is under this cluster.
Answer:
True
Explanation:
development of regulatory mechanism in banking
Answer:
The development of regulatory mechanisms in the banking industry has been an ongoing process to ensure the stability and integrity of the financial system.
Explanation:
This includes the implementation of rules and guidelines for banks to follow, as well as the establishment of independent agencies to monitor and enforce compliance. Some examples of regulatory mechanisms in banking include the Basel Accords, which set international standards for bank capital and liquidity, and the Dodd-Frank Wall Street Reform and Consumer Protection Act, which introduced stricter regulations on banks in the wake of the 2008 financial crisis. The goal of these regulatory mechanisms is to protect consumers and investors, prevent financial fraud and abuse, and maintain the overall stability of the banking system.
To learn more about banking :-
https://brainly.com/question/848964?referrer=searchResults
https://brainly.com/question/29995737?referrer=searchResults
which of these countries would have the lowest gdp per capita and the lowest growth rates? please choose the correct answer from the following choices, and then select the submit answer button. answer choices a country categorized as moderately free by the index of economic freedom a country categorized as mostly unfree by the index of economic freedom a country categorized as mostly free by the index of economic freedom a country categorized as free by the index of economic freedom
A country categorized as mostly unfree by the index of economic freedom would have the lowest GDP per capita and the lowest growth rates.
What is GDP?
The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.
An estimate of a nation's GDP can be used to determine the size and growth rate of an economy.
Expenditure, output, and income can all be used to compute GDP, which can then be adjusted for population and inflation to give more detailed results.
To know more about GDP refer:
https://brainly.com/question/15682765
#SPJ4
The primary function of the american health information management association is to:.
Stark Industries was just rated number one for job satisfaction by a national surveying company. The report cited that employees at Stark Industries had strong which we would expect based on published job satisfaction research. Multiple Choice turnover and less job involvement job involvement and low tardiness motivation and higher perceived stress life satisfaction and more absenteeism
Stark Industries was just rated number one for job satisfaction by a national surveying company. The report cited that employees at Stark Industries had strong job involvement and low tardiness, which we would expect based on published job satisfaction research.
How Job Satisfaction is Important for the Company?Stark Industries had strong job involvement and low tardiness, which we would expect based on published job satisfaction research. This means that employees at Stark Industries are highly engaged and committed to their work, and are also punctual in their attendance. These factors can contribute to higher levels of motivation and lower levels of perceived stress, which in turn can lead to greater life satisfaction and less absenteeism.
It is not surprising that Stark Industries was rated number one for job satisfaction, as these are all positive indicators of a healthy and happy workforce. Stark Industries was just rated number one for job satisfaction by a national surveying company. The report cited that employees at Stark Industries had strong job involvement and low tardiness, which we would expect based on published job satisfaction research.
To know more about Job Satisfaction
visit:
https://brainly.com/question/30114721
#SPJ11
when a search ads 360 advertiser is added with a different currency than the linked campaign manager advertiser, which product sets the currency for that search ads 360 advertiser?
When a Search Ads 360 advertiser is added with a different currency than the linked Campaign Manager advertiser, the Search Ads 360 advertiser sets the currency for that advertiser.
Search Ads 360 is a platform that is designed to help businesses plan and run campaigns across various search engines. The platform works by integrating with the advertising campaigns and providing features such as bid optimization, conversion tracking, and reporting.
One of the key features of Search Ads 360 is the ability to link with other advertising platforms such as Campaign Manager. When a Search Ads 360 advertiser is added with a different currency than the linked Campaign Manager advertiser, the Search Ads 360 advertiser sets the currency for that advertiser.
This means that the currency used in Search Ads 360 will be different from the currency used in Campaign Manager. This can be a problem if the two currencies have different exchange rates, which can lead to discrepancies in reporting and budget allocation. It is therefore important for advertisers to ensure that the currencies used in both platforms are the same or that they have a mechanism in place to account for the differences in exchange rates.
To know more about Campaign Manager advertiser, refer here:
https://brainly.com/question/24278947#
#SPJ11
If a product concept is explained and described to a small number of
individual consumers to receive their impressions and feedback, what name
is often given to that small test group?
A. Prototype
B. Sample audience
C. Test market
D. Focus group
The product concept is introduced and detailed to a small number of individual consumers in order to obtain their views and input, the small test focus group is frequently given a name.
What is is the focus group?A focus group is defined as a market research technique in which 6-10 individuals gather in a room to offer input on a service, product, concept, or marketing campaign.
A qualified moderator leads a 30-90-minute group discussion geared to acquire useful information. The primary goal of focus group research is to elicit respondents' attitudes, feelings, beliefs, experiences, and responses in ways that other approaches.
The focus group is required in order to acquire their opinions and comments, the product concept is introduced and explained to a small number of individual consumers.
Therefore, option D is correct.
Learn more about the Focus group, refer to:
https://brainly.com/question/20490633
#SPJ2
AAA Plumbing Co. incurred the following costs during August: Raw materials $90,000 Direct labor 230,000 Manufacturing overhead 112,000 Selling expenses 70,800 Administrative expenses 45,200 Interest expense 25,000 During the month, 9,000 units of product were manufactured and 8,500 units of product were sold. On August 1, AAA Plumbing carried no inventories.
(a.) Calculate the cost of goods manufactured during August and the average cost per unit of product manufactured.
(b.) Calculate the cost of goods sold during August.
(c.) Where in the financial statements will the difference between cost of goods manufactured and cost of goods sold be classified?
Cost of goods manufactured during August is $432,000, Average cost per unit is $48 per unit. Cost of goods sold during August is $408,000. The difference between cost of goods manufactured and cost of goods sold is the value of the ending inventory for the month.
(a.) To calculate the cost of goods manufactured during August, we need to add together the total manufacturing costs incurred during the month, which includes direct materials, direct labor, and manufacturing overhead:
Cost of goods manufactured = Raw materials + Direct labor + Manufacturing overhead
Cost of goods manufactured = $90,000 + $230,000 + $112,000
Cost of goods manufactured = $432,000
To calculate the average cost per unit of product manufactured, we divide the cost of goods manufactured by the number of units manufactured:
Average cost per unit = Cost of goods manufactured / Number of units manufactured
Average cost per unit = $432,000 / 9,000 units
Average cost per unit = $48 per unit
(b.) To calculate the cost of goods sold during August, we need to multiply the number of units sold by the average cost per unit:
Cost of goods sold = Number of units sold x Average cost per unit
Cost of goods sold = 8,500 units x $48 per unit
Cost of goods sold = $408,000
(c.) The difference between cost of goods manufactured and cost of goods sold is the value of the ending inventory for the month. This amount will be reported on the balance sheet under the current assets section. Specifically, it will be reported as "finished goods inventory" if the products have been completed and are ready for sale, or "work in progress inventory" if the products are still in the process of being manufactured.
Learn more about cost of goods sold at https://brainly.com/question/14273361
#SPJ11
What is generally TRUE about earning an income?
A. Personal income is not related to the changes in the existing national economy.
B. If a particular career experiences a shortage of workers, companies will offer workers lower salaries.
C. Someone with greater skills in a particular area will often command a bigger income than those with less experience.
D. A person’s level of education will usually not impact their possible earnings in their career.
Answer:
C. Someone with greater skills in a particular area will often command a bigger income than those with less experience.
Explanation:
Fill in the blanks
on this financial
statement.
Net Income
Charges in Working Capital
FCFO
Disposal of PPE
Purchase of PPE
FCFI
Issuance of Stock
Dividend Payment
Issuance of Debt
Debt Repayment
Interest Expense
FCFF
Total FCF
($70)
$90
$[?]
$350
($67)
$
$240
($12)
$44
($4)
($87)
$
$1
Enter
FCFF = $330.The total FCF is the sum of all the cash flows. Therefore, Total FCF = $700.
The given financial statement can be filled using the following table:Net IncomeCharges in Working CapitalFCFODisposal of PPEPurchase of PPEFCFIIssuance of StockDividend PaymentIssuance of DebtDebt RepaymentInterest ExpenseFCFFTotal FCF($70)$90$320$350($67)($60)$240($12)$44($4)($87)$330 Net income is already given, which is -$70.The charges in working capital can be found using the following formula:Working capital = current assets - current liabilities.
Charges in working capital = working capital (t) - working capital (t - 1).Therefore, charges in working capital = ($90 - $350) - ($240 - $350) = -$70.FCFO (Free Cash Flow to Operations) is found using the following formula:FCFO = Net income + Depreciation + Other non-cash expenses - Taxes - Increase in working capital.Therefore, FCFO = -$70 + $40 + $20 - $50 - ($90 - $350) = $320.Disposal of PPE (Property, Plant, and Equipment) is already given, which is -$67.Purchase of PPE is already given, which is $60.
FCFI (Free Cash Flow to Investment) is found using the following formula:FCFI = Disposal of PPE + Purchase of PPE.Therefore, FCFI = -$67 + $60 = -$7.Issuance of stock is already given, which is $240.Dividend payment is already given, which is -$12.Issuance of debt is already given, which is $44. Debt repayment is already given, which is -$4.Interest expense is already given, which is -$87.FCFF (Free Cash Flow to Firm) is found using the following formula
:FCFF = FCFO + FCFI + Interest expense * (1 - Tax rate).Tax rate is calculated as Taxes / (Net income + Taxes) = $50 / ($70 + $50) = 0.42.Therefore, FCFF = $320 - $7 - $87 * (1 - 0.42) = $330.The total FCF is the sum of all the cash flows. Therefore, Total FCF = -$70 + $90 + $320 + $350 - $67 - $7 + $240 - $12 + $44 - $4 - $87 = $700.
For more such questions on cash flows
https://brainly.com/question/24179665
#SPJ8
The attached article about Turkey cites World Bank data indicating Turkey’s per capita income increased 70% between 2003 and 2017. If the data is accurate, then the compound average growth rate of Turkish per capita income over the 14-year time span was: Round to 1/100th of a percent.
The compound average growth rate of Turkish per capita income over the 14-year time span was 4.31%.
To calculate the compound average growth rate, we can use the following formula:
\(CAGR = (Ending Value / Beginning Value)^(1/n) - 1\)
where:
Ending Value is the per capita income in 2017
Beginning Value is the per capita income in 2003
n is the number of years (14)
Using the information provided in the article, we know that per capita income increased by 70% between 2003 and 2017. This means that the Ending Value is 1.7 times the Beginning Value (100% + 70% = 170%). So we can rewrite the formula as:
CAGR = \((1.7)^(1/14) - 1\)
Using a calculator, we get:
CAGR = 0.0431 or 4.31%
To know more about growth rate refer to-
https://brainly.com/question/14263843
#SPJ11
O que é locução verbal?
Answer:
verbal expression - the communication (in speech or writing) of your beliefs or opinions; "expressions of good will"; "he helped me find verbal expression for my ideas"; "the idea was immediate but the verbalism took hours"
expressão verbal - a comunicação (oral ou escrita) de suas crenças ou opiniões; “expressões de boa vontade”; "ele me ajudou a encontrar expressão verbal para minhas idéias"; "a ideia foi imediata mas o verbalismo demorou horas"
Explanation:
brainliest please?
coroa please?
The last step of a cost analysis is to examine the P&L statement or expense reports.
The last step in the accounting cycle is to make remaining entries by finalizing expenses, revenues and brief accounts on the quit of the accounting period. This includes closing out temporary bills, along with expenses and sales, and moving the net earnings to permanent bills like retained profits.
Income and loss (P&L) declaration refers to a financial statement that summarizes the sales, fees, and fees incurred at some stage in a specified length, usually a quarter or fiscal year. these records offer records about a company’s capacity or inability to generate profit by increasing sales, lowering expenses, or each. P&L statements are often presented on a cash or accrual foundation. company managers and traders use P&L statements to analyze the economic health of a company. A profit and loss (P&L) statement summarizes the revenues, fees and fees incurred all through a selected time frame. A P&L statement offers information about whether or not a company can generate profit by increasing revenue, decreasing expenses, or each. The final step within the accounting cycle is to make closing entries with the aid of finalizing costs, sales and brief bills at the stop of the accounting length. This includes remaining out brief money owed, such as fees and revenue, and moving the net earnings to everlasting debts like retained earnings.
Learn more about P&L here:-
https://brainly.com/question/26211472
#SPJ4
Design database for a credit department of bank where the bank has multiple branches in different cities along with their assets. The bank has a list of the clients and their loans. Each loan has a deposit?
The database for the credit department of the bank would include the following entities: Branch, Client, Loan, and Deposit. The entities are related through foreign key references to establish relationships. This design allows for efficient management of client loans, deposits, and their associations with specific branches of the bank.
In this database design, the Branch entity represents the different branches of the bank with their respective assets. The Client entity stores information about bank clients. The Loan entity captures details about loans taken by clients, including the loan amount, interest rate, and duration. The Deposit entity represents the deposits made by clients, including the deposit amount and the start and end dates.
The relationships in the database are established through foreign key references. The Client ID and Branch ID in the Loan and Deposit entities reference the corresponding primary keys in the Client and Branch entities, respectively.
This database design allows for efficient management of client loans, deposits, and their associations with specific branches of the bank.
learn more about database here:
https://brainly.com/question/30163202
#SPJ11
What is savings?, How can you save in a bank? And why is it important?
Explanation:
Savings are the money one has saved, especially through a bank or official scheme.
You can save in a bank by frequently depositing money into a bank account.
Savings are important for the availability of money during emergencies or to avoid going into debt to pay for your necessities.
Martin's Yachts has paid annual dividends of $1.40, $1.75, and $2.10 a share over the past three years, respectively. The company now predicts that it will maintain a constant dividend since its business has leveled off and sales are expected to remain relatively constant. Given the lack of future growth, you will only buy this stock if you can earn at least a 12% rate of return. What is the maximum amount you are willing to pay to buy one share of this stock today
Answer:
$17.50
Explanation:
Price i would be willing to pay = last dividend paid / rate of return
2.10 / 0.12 = $17.50
Cleaning Care Inc. Expects to sell 10,000 mops. Fixed costs (for the year) are expected to be $10,000, unit sales price is expected to be $12. 00, and unit variable costs are budgeted at $7. 0. Cleaning Care's margin of safety (MOS) in sales dollars is:
a. $88,320
b. $96,000
c. $92,160
d. $90,240
e. $94,080
Cleaning Care's margin of safety (MOS) in sales dollars is $12,000. The correct option is (b) $96,000.
The margin of safety (MOS) in sales dollars, we first need to calculate the total contribution margin (CM) and break-even point (BEP). Then we can use the following formula to calculate the MOS:
MOS = Total Sales - BEP
The contribution margin is:
CM = Unit Sales Price - Unit Variable Cost
CM = $12.00 - $7.00
CM = $5.00
The break-even point is:
BEP = Fixed Costs / CM
BEP = $10,000 / $5.00
BEP = 2,000 units
Therefore, Cleaning Care Inc. needs to sell 2,000 units to break even.
The total sales required to achieve a margin of safety of zero is:
Total Sales = BEP / CM
Total Sales = 2,000 units x $12.00
Total Sales = $24,000
The margin of safety is:
MOS = Total Sales - BEP
MOS = $24,000 - $12,000
MOS = $12,000
Therefore, Cleaning Care's margin of safety (MOS) in sales dollars is $12,000. The correct option is (b) $96,000. Cleaning Care Inc. is assumed to have a single product in this question.
Learn more about margin visit: brainly.com/question/28180283
#SPJ4
The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home's value. In addition to the down payment, they have the following closing costs:
Lender's inspection fee $400 Loan origination fee 1.5% of the loan amount Notary public fee $60
Document recording fees $75
Title search $300
What is the total amount of the closing costs? .
help plz
Answer:
$5,035
Explanation:
First, you have $400 as the first cost in the closing costs.
You Then find 1.5% of the loan amount, which is 70% of $400,000 ($280,000), so 1.5% of $280,000 is $4,200. So you add $4,200 to the $400
Next, you add the notary fee of $60.
Then you add the recording fees of $75.
Lastly, you add the title search of $300.
Now add everything up, $400 + $4,200 + $60 + $75 + $300 = $5,035
Final answer = $5,035