Business, 24.03.2020 17:58 nikkipete77
On March 15, Calloway, Inc., paid property taxes of $525,000 for the calendar year. The journal entry at March 15 to record the payment of property taxes would include which of the following?
a. A debit to Property Tax Expense of $480,000.
b. A credit to Cash of $120,000.
c. A debit to Pre paid Property Taxes of $360,000.
d. A credit to Prepaid Property Taxes of $40,000.
Answers: 1
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Business, 22.06.2019 11:40
You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297
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The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u.s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht.a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?
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What percentage of hard rock's profit is derived from retail shop sales?
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On March 15, Calloway, Inc., paid property taxes of $525,000 for the calendar year. The journal entr...
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