Answer:
You'll only need renters insurance if your landlord or your building requires it. While not required otherwise, anyone renting any type of residence long-term—be it an apartment or single-family home—should strongly consider purchasing a renters insurance policy.
The adjusting journal entries to record the adjustments in the books of Scott Company are as follows:
<h3>Journal Entries:</h3>
December 31;
Debit Sales $98,800
Credit Cash Refundable $98,800
- To record expected cash refunds.
Debit Inventory $48,000
Credit Cost of goods sold $48,000
- To record expected merchandise returns.
<h3>Data Analysis:</h3>
Sales = $12,350,000
Cost of goods sold = $7,500,000
Estimated percentage refunds = 0.8% of sales
Expected Refunds = $98,800 ($12,350,000 x 0.8%)
Returned goods = $48,000
Sales $98,800
Cash Refundable $98,800
Inventory $48,000
Cost of goods sold $48,000
Learn more about adjusting journal entries at brainly.com/question/13933471
Answer:
1. Suppose TouchTech, a hand-held computing firm, is selling stocks to raise money for a new lab—a practice known as___project__ finance. Buying a share of TouchTech stock would give Nick____equity interest in____ the firm. In the event that TouchTech runs into financial difficulty, _____bonds_____will be paid first.
2. Correct statements:
a. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Nick's shares to decline.
c. An increase in the perceived profitability of TouchTech will likely cause the value of Nick's shares to rise.
d. Alternatively, Nick could invest by purchasing bonds issued by the government of Japan.
3. Assuming that everything else is equal, a bond issued by a government that is engaged in a civil war most likely pays a ___higher__ interest rate than a bond issued by the government of Japan.
Explanation:
When Nick purchases stock in the private company, he invests in the equity of the company. Project finance can be done through equity financing or debt financing. Equity financing gives Nick an equity interest in the TouchTech and a share in the decision-making of the business, whereas debt financing pays a fixed amount of interest periodically without a share in the decision-making of the company.
Answer:
500 divided by 2/3 = 500 * 3/2= 750
Explanation:
You have to interchange the fraction 2/3. The denominator becomes the numerator and vice versa.
2/3 becomes 3/2
500 divided by 2/3 = 500 * 3/2
500 divided by 2/3 = 750
500* 3/2 is the same as 500 x 1.5 = 750
Answer:
relate to their managers and deal with organizations from the outside
Explanation:
When you study management, you will understand the type of strategic planning that the company could implement along with the way the manager have to enforce the plan.
By having this information, you can have better understanding on what the managers want from you and act accordingly in order to win their favor. This will benefit you greatly if you want to rise in the corporate rank.
On top of that, knowledge in management also grant you with the ability to predict the plan of your competitors' management team. You can adjust your plan to counter this plan and win the competition in the market.