Business, 18.06.2020 18:57, okayjimz2003ov47ik
Jasper makes a $88,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: Multiple Choice Debit Notes Receivable $88,000; credit Sales $88,000. Debit Notes Receivable for $88,000; credit Cash $88,000. Debit Accounts Receivable $88,000; credit Notes Receivable $88,000. Debit Cash $88,000; credit Notes Receivable for $88,000. Debit Notes Payable $88,000; credit Accounts Payable $88,000.
Answers: 1
Business, 22.06.2019 00:40, lindseybug
Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.
Answers: 3
Business, 22.06.2019 06:00, Tayj91
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
Answers: 2
Jasper makes a $88,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transactio...
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