During 2024. Novak Co. borrowed cash from Sweet Acacia Company by issuing notes payable as follows: 1. June 1, 2024, issued an eight-month, 6% note for $69,600. Interest and principal are payable at maturity. 2. October 1,2024 , issued a three-month, 7% note for $39,600. Interest is payable monthly on the first day of the month. Principal is payable at maturity. Novak has a November 30 fiscal year end and prepares adjusting entries on an annual basis. Prepare all necessary interest payment transactions for Nowak in 2024 and 2025 . Prepare separate adjusting entries for each note. ICredit account tities are automaticaliy indented when amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List oll debit entries before credit entries.)

Answers

Answer 1

Ans: On June 1, 2024, Novak Co. issued an eight-month, 6% note for $69,600, payable at maturity. For the year 2024, the company will record accrued interest on December 31 as follows: Interest Expense   $2,088 Notes Payable Interest  $2,088.

On maturity, Feb 1, 2025, the following entry will be made: Notes Payable  $69,600Interest Expense  $2,088Cash   $71,688On October 1, 2024, Novak Co. issued a three-month, 7% note for $39,600, with interest payable monthly on the first day of the month and principal payable at maturity. The monthly interest amounts to $2,310 ($39,600 x 7% / 12).On October 31, 2024, the first interest payment of $2,310 will be recorded as follows: Interest Expense   $2,310 Notes Payable Interest   $2,310On December 31, 2024, the adjusting entry to record the accrued interest of $4,620 ($2,310 x 2) will be made as follows: Interest Expense   $4,620 Notes Payable Interest   $4,620On January 31, 2025, the second interest payment of $2,310 will be recorded as follows: Interest Expense   $2,310 Notes Payable Interest   $2,310On January 31, 2025, the principal of $39,600 will also be paid, and the following entry will be made: Notes Payable   $39,600 Interest Expense   $2,310 Cash   $41,910

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Related Questions

Agent Sam has a purchase agreement to buy a house from Mr. Smith for $100,000. Agent Sam and Mr. Smith agree to new terms including a price of $102,000. and sign a new agreement to replace the old one. Then Agent Sam sells the right to buy the house for $102,000. to Mr. Jones who will go to the Act of Sale and actually buy it. What are two legal concepts that have occurred

Answers

Answer:

1. The substitution of a new contract for an old one.
2. The new agreement extinguishes the rights and obligations

when should an event programing be used

Answers

Answer:

The utilization of the given topic is summarized throughout the below section.

Explanation:

Event-driven programming language shall be used if the software doesn't somehow monitor the sequential order of such occurrence.The software circulation or activity was mostly directly guided to an external mechanism like a consumer or client (e.g. a GUI), a whole other method (e.g. a customer or a server).

What is the difference between needs, wants and demand

Answers

Needs are things that satisfy the basic requirement. Wants are requests directed to specific types of items. Demands are requests for specific products that the buyer is willing to and able to pay for.

Explanation:

:))

Please explain a vertical, horizontal, and ratio
analysis. What each analysis reveals. Please explain
them with examples and calculations. Thanks

Answers

Ratio analysis helps evaluate a company's financial performance and health relative to industry benchmarks, historical performance, and competitors. For example, a high current ratio indicates good liquidity, while a high ROE suggests efficient use of shareholders' equity to generate profits.

Vertical Analysis:

Vertical analysis, also known as common-size analysis, involves analyzing financial statements by expressing each line item as a percentage of a base amount. The base amount is usually the total assets for the balance sheet or the total sales for the income statement. Vertical analysis allows for comparison of different line items within the same financial statement and across different periods. It helps to identify trends, patterns, and changes in the composition of financial statements over time.

Example:

Let's consider a simplified income statement for Company XYZ:

Sales: $500,000

Cost of Goods Sold: $300,000

Gross Profit: $200,000

Operating Expenses: $150,000

Net Income: $50,000

To perform vertical analysis, we express each line item as a percentage of sales (the base amount):

Sales: $500,000 / $500,000 = 100%

Cost of Goods Sold: $300,000 / $500,000 = 60%

Gross Profit: $200,000 / $500,000 = 40%

Operating Expenses: $150,000 / $500,000 = 30%

Net Income: $50,000 / $500,000 = 10%

By using vertical analysis, we can observe the proportion of each expense or income item relative to sales. For example, we can see that the gross profit margin is 40%, indicating that the company retains 40 cents for every dollar of sales after accounting for the cost of goods sold.

Horizontal Analysis:

Horizontal analysis, also known as trend analysis, involves comparing financial data over multiple periods to identify changes, growth rates, and patterns. It helps to assess the performance of a company over time and identify areas of improvement or concern.

Example:

Let's consider the revenue figures for Company XYZ over three years:

Year 1: $500,000

Year 2: $550,000

Year 3: $600,000

To perform horizontal analysis, we calculate the percentage change in revenue between each consecutive year:

Year 2 change: ($550,000 - $500,000) / $500,000 = 10%

Year 3 change: ($600,000 - $550,000) / $550,000 = 9.09%

Horizontal analysis reveals the growth rate of revenue over time. In this example, we can see that revenue increased by 10% in Year 2 and further increased by 9.09% in Year 3.

Ratio Analysis:

Ratio analysis involves analyzing financial statements using various ratios to assess a company's performance, financial health, and efficiency. It provides insights into a company's liquidity, profitability, solvency, and operational efficiency. Ratios are calculated by dividing one financial metric by another to create meaningful comparisons.

Example:

Let's calculate two common ratios:

Current Ratio: Current Assets / Current Liabilities

If Company XYZ has current assets of $500,000 and current liabilities of $200,000, the current ratio would be:

Current Ratio = $500,000 / $200,000 = 2.5

Return on Equity (ROE): Net Income / Shareholders' Equity

If Company XYZ has a net income of $50,000 and shareholders' equity of $500,000, the ROE would be:

ROE = $50,000 / $500,000 = 0.10 or 10%

Ratio analysis helps evaluate a company's financial performance and health relative to industry benchmarks, historical performance, and competitors. For example, a high current ratio indicates good liquidity, while a high ROE suggests efficient use of shareholders' equity to generate profits.

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What is one major effect of specialization on an economy?
O A. Self-sufficiency becomes more important as many businesses
shut down.
B. Opportunity costs for trade rise as businesses are slow to change.
C. Labor becomes more divided as workers focus on certain skills.
D. Voluntary exchange declines as fewer countries can trade
internationally.

Answers

Answer: It’s C

Explanation: read it before you check it because the order might be different in different test.

The one major effect of specialization on an economy is that the Labor becomes more divided as workers concentrate on definite skills.

What is specialization in an economy?

Specialization is a manufacturing method in which an organization concentrates on producing a narrow range of products in order to increase efficiency.

Specialization has one cardinal determinant on an economy, that the labor becomes more and more divided as workers focus on specific abilities.

Therefore, option C is correct.

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What are the 4 main types of orders in stock market?

Answers

The 4 main types of trade order in stock market are:

Market orderLimit orderStop orderStop limit order

Stock Market or Trade Order refers to the instrcution given by an investor to his broker to buy or sell the investor's share or security on his behalf through a trading platform.

Market order refers to an order to buy or sell shares immediately without any guaranteee on the execution price. Market order will be executed at or near the current bid or ask price. A broker will buy or sell an investor's shares at the current market price and does not control the amount paid for the share purchased or sale.

Limit order refers to an order to buy or sales of stock at a specific set of price or better. Limit order allows an investor to buy or sell shares at his desired price and avoid purchasing or selling price at his undesired price. Limit order will only be executed if the market price in line with the limit oder price. Limit order might come in a form of buy limit or sell limit orders.  

Stop order would be executed if the price market reaches the specific desired price, or stop price. Stop order will trigger market order once the market price reaches the stop price. Stop market is used to avoid larger losses or to lock in profits.  

Stop-limit order refers to a conditional order that requires placing two prices - the stop price and the limit price. Stop-limit order will trigger limit order when the stock hits the stop price. Stop-limit order will guarantee a price limit and guarantees an order execution but not necessarily at the stop order price.

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What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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How are shares issued in a company? Explain how shares are
transferred (sale of shares) from one person to another? Are there
any restrictions on share transfers?

Answers

Shares are issued in a company through an initial public offering (IPO) or private placement. Share transfers occur through a sale agreement between the buyer and seller, facilitated by updating the company's share register. Restrictions on share transfers can exist, such as pre-emption rights or limitations stated in the company's articles of association.

Shares are issued in a company during its formation or subsequent capital-raising activities. In an IPO, shares are offered to the public, while in a private placement, shares are sold to a select group of investors. Share transfers involve the sale of shares from one person to another. This typically involves negotiating a purchase agreement, determining the share price, and executing the necessary legal and administrative steps to update the company's share register.

Restrictions on share transfers may exist to protect the interests of existing shareholders or maintain control over the company. Pre-emption rights grant existing shareholders the first opportunity to purchase shares being sold, ensuring their proportional ownership is maintained. Additionally, a company's articles of association may impose restrictions on share transfers, such as requiring board approval or prohibiting transfers to certain individuals or entities. These restrictions aim to preserve the company's stability, control, and shareholder composition.

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what percent increase when 8 is made to 10​

Answers

Answer:

25 percent

Where: 8 is the old value and 10 is the new value. In this case we have a positive change (increase) of 25 percent because the new value is greater than the old value.

Explanation:

i hope you understand

A percentage is a way to describe a part of a whole. The percentage increase when 8 is made to 10 is 25%.

What are Percentages?

A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.

To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.

Th percentage increase or decrease is calculated using the formula,

Percentage increase or decrease

= (Final value - Initial value)/ Initial value × 100%

If the result is negative than there is percentage decrease if the value is positive than there is percentage increase.

Given that the initial value was 8, while the final value was 10. Therefore, The percentage increase when 8 is made to 10 is,

Percentage = (10 - 8)/8 × 100%

                   = 2/8 × 100%

                   = 1/4 × 100%

                   = 0.25 × 100%

                   = 25%

Hence, The percentage increase when 8 is made to 10 is 25%.

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What are the 2 goals of marketing?

Answers

The two main goals of marketing are to acquire new customers and to retain existing customers.

Acquiring new customers involves introducing your product or service to potential customers and convincing them to purchase. This can be done through various marketing tactics, such as advertising, search engine optimization, content marketing, public relations, and direct mail.

Retaining existing customers involves creating meaningful relationships with them to ensure they keep coming back to purchase from you. This can be done through customer loyalty programs, personalized promotions, and customer service initiatives. Both of these goals are essential for businesses to achieve success and growth.

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What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application

Answers

Answer:

A

Explanation:

because they are good

The first paragraph or part of a business letter is the
OA. introduction
OB. addresses
OC. supporting details
OD. conclusion
SUE

Answers

Answer:

introduction

Explanation:

I don't know how to explain

Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:

(Choice A)
A
The supply of the resource exceeds the demand of the resource.

(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.

(Choice C)
C
There is a demand for that resource with limited supply.

(Choice D)
D
There is limited supply of a resource with no demand for that resource.

(Choice E)
E
The resource has unlimited supply and limited demand.

Answers

There is a demand for that resource with limited supply  are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.

As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply   growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.

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Alpha Home has a pay range of $10.50 to $12.00 per hour for sales associates in its stores. As the local economy picks up, most stores start offering $11.00, so Alpha does the same. But then workers with two years experience are eaming the same as new hires. What issue is facing HR managers? A. Fair pay for interns B. Ecual pay for comparabe worth 6. Equal pay for equal work D. Wage-rate compression​

Answers

Answer:

Wage-rate compression.

In a market economy, prices are set using a cost/benefit analysis

Answers

I think false. It is based on supply and demand.

Gerald Wilkins owns a home worth $330,000, a car worth $19,750, various investments worth $650,000 and other personal assets worth $34,000. He still owes $160,000 on his mortgage and $5,700 on a car loan. What is his net taxable estate

Answers

Gerald Wilkins owns home worth $330,000, a car worth $19,750, some investments worth $650,000 and the personal assets worth is $34,000. He still owes $160,000 on mortgage and $5,700 car loan. Then, the net taxable estate is $868,050.

To calculate Gerald Wilkins' net taxable estate, we need to first calculate the value of his total assets and then subtract his debts and any allowable deductions.

Value of Total Assets;

Home = $330,000

Car = $19,750

Investments = $650,000

Other Personal Assets = $34,000

Total Assets = $330,000 + $19,750 + $650,000 + $34,000

= $1,033,750

Debts;

Mortgage = $160,000

Car Loan = $5,700

Total Debts = $160,000 + $5,700 = $165,700

Net Taxable Estate'

Net Taxable Estate = Total Assets - Total Debts - Allowable Deductions

Assuming there are no additional deductions, we can calculate the net taxable estate as;

Net Taxable Estate = $1,033,750 - $165,700

= $868,050

Therefore, net taxable estate is $868,050.

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the cost to retail percentage is found by dividing goods available for sale at blank by goods available for sale at blank . multiple choice question. cost; market value current selling price; cost retail; cost cost; current selling price

Answers

The cost-to-retail percentage is found by dividing goods available for sale at cost by goods available for sale at retail. The correct answer is retail; cost.

The Cost-to-Retail Percentage (CRP) is a simple method for calculating the price at which to sell goods in a retail store. The CRP determines the selling price of an item based on the cost of the item plus a mark-up (margin). It is also used to determine the level of markdowns required to reach a desired gross margin on inventory. In addition, CRP is used to calculate the shrinkage percentage (the percentage of inventory lost due to theft, damage, or error).Formula for cost-to-retail percentage: The cost-to-retail percentage is calculated by dividing cost by retail, then multiplying by 100%. (Cost ÷ Retail) × 100%

For instance, if the cost of an item is $50 and the retail price is $100, the CRP would be:

($50 ÷ $100) × 100% = 50%

Thus, the item should be sold for $100 and a 50% profit should be generated. The Goods Available for Sale is the total amount of inventory available for purchase by customers. Goods Available for Sale is calculated by adding the beginning inventory (the inventory remaining from the previous accounting period) to the net purchases (the cost of inventory purchased during the accounting period).Goods Available for Sale = Beginning Inventory + Net Purchases. The correct answer is retail; cost.

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Corey, the chief financial officer of Maurectric Inc., an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles, which of the following roles does Corey illustrate in this scenario?
a. The leader role
b. The liaison role
c. The disseminator role
d. The figurehead role

Answers

Answer:

The liaison role

Explanation:

From the question we are informed about Corey, the chief financial officer of Maurectric Inc., who is an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles,in this case, the roles does Corey illustrate in this scenario is

liaison role.

A liaison role can be regarded as role that is been played by person for liaison in between two firms or two particular organizations so that he/she can communicate as well as coordinating their activities through his/her service as as an official go-between carrying out this role to senior officials of both organizations.. liaison officer should always attends the organization key meetings.

Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?

Answers

Answer: I hate Trump and would make him eat tortilla chip vertically :/

Explanation:

Professional etiquette suggests you should send a(n) ____ to each person who agrees to meet with you in support of your career exploration.

Answers

Answer:

handwritten thank-you note

Explanation:

Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general

guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a

handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.

Morning light does not enter the swamp. Even the sunrise is dark. Still, time progresses, night into day
A picture of bayou country is deceiving Slow streams converge under mud to make the appearance of land that is actually water. One net of moss hangs from one hundred trees. Lightning strikes the
same stump many times.
People pass the swamp's fringes in trains, on tracks that cling to the last solid ground. Out of their windows are landscapes that take the earth's colors to every periphery, Bright orange sunsets
surround people like sky on an airplane. On gray foggy mornings they ride through a dream that has no beginning or end. But time has its limits, these people know. They are expected places--Memphis
by midnight, New Orleans by dawn
Deep in the swamp, animals keep the only appointments Birds gather at high places in trees. Raccoons make their last noisy passes for food across someone's back porch before he awakes. Fish all
around splash up, although they cannot see the morning coming to clean the picture of day like clothes bleaching in a galvanized tub from dark gray to light gray
Joan looked out from the porch to the swamp she had known all her life. Ahead of her in the veiled light were the outlines of many trees. Below and around her were the crisp sounds of nature
awakening Cupped in both hands, perched on her knees was a warm mug of coffee.
Which of the following can the reader infer from the passage above?
O Travelers sleep throughout the journey.
O The ride is for airplane passengers to see the sky.
O Travelers lose their sense of the outside world.

Answers

Answer:

Travelers lose their sense of the outside world.

Explanation:

Study Island

Investment: Securities 1.7. Choose any form of investment and make a presentation in a form of a power Point/ cue cards. Submit your PowerPoint presentation/ Q- cards as evidence to your teacher. Use the following factors to consider when making investment decisions to explain the impact of the form of investment of your choice. S 1.7.1 Liquidity 1.7.2 Risk​

Answers

Liquidity and risk are two crucial aspects to take into account when making investment decisions.

The ease with which an investment can be changed into cash without suffering a large loss in value is referred to as liquidity. The liquidity of various investment types varies in various ways.

The uncertainty and possibility of loss connected to investment are referred to as risk. Risk levels are different for various investment vehicles.

The potential for bigger profits on investments with a higher level of risk is also accompanied by a greater likelihood of loss. Although they could offer more consistency, lower-risk investments may also produce lower returns.

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need help fast!!!!!!!! :(
Compound interest is usually better than simple interest because it pays

A: interest on the principal and the interest earned in each period.
B: interest on the entire principal rather than the interest in each period.
C: more, as it is matched by an employer’s 401k contribution.
D: more often throughout the year rather than once a year.

Answers

Compound interest pays interest on the principal and the interest earned in each period.

Option A. is correct.

Define Compound interest.

Compound interest is a type of interest that pays interest on both the principal or the interest earned over time.

Because compound interest is paid on both the principal or the interest gained in each period, it is frequently preferable to simple interest.

So, option A. is correct.

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Interest on the principal and the interest earned in each period is the reason of Compound interest is usually better than simple interest. Hence, option A is correct.

What is simple interest?

Simple interest is the simple way of calculating of the interest of the loan or anything. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.

The formula of simple interest is SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period.

Thus, option A is correct.

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Profit as calculated from the profit equation can be challenging to predict because the ________ varies with the chosen price, and can also impact the variable costs through production efficiencies.

Answers

Demand for goods varies, profit as calculated from the profit equation can be challenging to predict because the quantity demanded varies with the chosen price, and can also impact the.

What is profits?

Profit is the amount of money that is realized after a business transaction have been done.

The profits is the money left for the owner of the business for spending without necessarily affecting the business.

Therefore, profit as calculated from the profit equation can be challenging to predict because the quantity demanded varies with the chosen price, and can also impact the.

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Who may pay for the services of alcoholic beverage in a private club

Answers

Answer:

Members Only

Explanation:

Mike is an agent making purchasing orders for Tami. Tami passes away before the agency contract is voluntarily ended. Mike has already done most of the work Tami assigned. What result related to the status of the agency? A. Agency is terminated by law. B. Agency is terminated by incapacity C. Agency is terminated by fulfillment. D. Agency is not terminated; terms of the agency must be resolved by Tami's estate.

Answers

Answer:

B. Agency is terminated by incapacity.

Explanation:

The agency contract is a legal agreement that is were the first party agrees to the actions of the second party and the power of the agent is bound to the agreements of the principle. The principle is responsible for the agents and running the agency. The termination of the agency is due to the death or the incapacity of the individual or else the agency may be terminated by law.

Phoebe and Parker are equal members in Phoenix Investors, LLC. They are real estate investors who formed the LLC several years ago with equal cash contributions. Phoenix then purchased a parcel of land.On January 1 of the current year, to acquire a one-third interest in the entity, Reece contributed to the LLC some land she had held for investment. Reece purchased the land five years ago for $75,000; its fair market value at the contribution date was $90,000. No special allocation agreements were in effect before or after Reece was admitted to the LLC. Phoenix holds all land for investment.Immediately before Reece’s property contribution, the balance sheet of Phoenix Investors LLC was as follows:Basis FMVLand $30,000 $180,000Phoebe, capital 15,000 90,000Parker, capital 15,000 90,000a. At the contribution date, what is Reece’s basis in her interest in the LLC?b. When does the LLC’s holding period begin for the contributed land?c. On June 30 of the current year, the LLC sold the land contributed by Reece for $90,000. How much is the recognized gain or loss? How is it allocated among the LLC members?d. Prepare a balance sheet reflecting basis and fair market value for the LLC immediately after the land sale described in (c). Assume that no other transactions occurred during the year.

Answers

a. At the contribution date, Reece's basis in her interest in the LLC is equal to the fair market value (FMV) of the land she contributed, which is $90,000.

Fair Market Value (FMV) refers to the estimated price at which an asset would exchange between a willing buyer and a willing seller, both having reasonable knowledge of the relevant facts and neither being under any compulsion to buy or sell the asset.

b. The LLC's holding period for the contributed land begins on the date Reece acquired the land, which is five years ago.

c. To determine the recognized gain or loss on the sale of the land contributed by Reece, we need to compare the selling price ($90,000) with Reece's basis in the land.

d. After the land sale, the balance sheet of Phoenix Investors LLC would be as follows:

Basis FMV

Land $0 $0 (since it was sold)

Phoebe, capital 15,000 90,000

Parker, capital 15,000 90,000

Reece, capital 0 0 (since she contributed the land and it was sold)

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Which factors can affect a stock’s price? Check all that apply. market performance the company’s financial health the quantity products produced location of the company the economy

Answers

Answer:

market performance the company’s financial health  the economy

Explanation:

Stocks prices fluctuate as long as the market is open. The price of a stock may rise and fall depending on its demand and other factors.  The financial performance of a company creates demand for its shares. A company that had good returns will be in high demand, which makes its stock prices rise. A company with poor financial performance will see its share price decline.

The overall performance of the economy and the exchange markets also affects prices. When the economy and the market are performing well, prices tend to rise. The opposite is also true.

Answer:

Market performance

The company's financial health

The economy

Explanation: This is the correct answer for Edge 2020. ^-^

as you’re reviewing the dataset, you notice that there are a disproportionate number of senior citizens. so, you investigate further and find out that this zip code represents a rural community in colorado with about 800 residents. in addition, there’s a large assisted-living facility in the area. nearly 300 of the residents in the 81137 zip code live in the facility. you recognize that’s a sizable number, so you want to find out if age has an effect on a patient’s likelihood to attend a follow-up dental appointment. you analyze the data, and your analysis reveals that older people tend to miss follow-ups more than younger people. so, you do some research online and discover that people over the age 60 are 50% more likely to miss dentist appointments. sometimes this is because they’re on a fixed income. also, many senior citizens lack transportation to get to and from appointments. with this new knowledge, you write an email to your supervisor expressing your concerns about the dataset. he agrees with your concerns, but he’s also impressed with what you’ve learned and thinks your findings could be very important to the project. he asks you to change the business task. now, the nds campaign will be about educating dental offices on the challenges faced by senior citizens and finding ways to help them access quality dental care.

Answers

Subject: Concerns about Dataset and Updated Business Task

Dear Supervisor,

I hope this email finds you well. I wanted to share my concerns about the dataset we have been reviewing and provide an update on the business task for the NDS campaign.

Upon further investigation, I discovered that the zip code we were analyzing represents a rural community in Colorado with approximately 800 residents. It was interesting to note that there is a large assisted-living facility in the area, where nearly 300 residents from the 81137 zip code reside.

During my analysis, I found that older people in this community tend to miss follow-up dental appointments more frequently compared to younger individuals. Further research revealed that people over the age of 60 are 50% more likely to miss dentist appointments. This could be attributed to factors such as fixed income and lack of transportation options.

Considering this information, I believe it is important to shift the focus of the NDS campaign. Instead of solely targeting patients, I suggest that our campaign now revolves around educating dental offices on the challenges faced by senior citizens and finding ways to help them access quality dental care.

I am grateful that you agree with my concerns and find the findings I have shared to be important for our project. I believe this updated business task will enable us to make a meaningful impact on the community and improve dental care for senior citizens.

Please let me know if there are any specific actions or next steps you would like me to take in light of this update. I am eager to contribute further to the success of this campaign.

Thank you for your attention to this matter.

Best regards,
[Your Name]

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If an insurer requires a medical examination of an applicant in connection with the application for life insurance, who is responsible for
paying the cost of the examination?

A The examiner

B The applicant

C The insurer

D The cost of the examination will be waived.

Answers

The cost of the examination will be waived

D

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