Business, 14.04.2020 23:31 emokid7822
During its first year of operations, Cupola Fan Corporation issued 46,000 of $1 par Class B shares for $465,000 on June 30, 2021. Share issue costs were $3,100. One year from the issue date (July 1, 2022), the corporation retired 10% of the shares for $47,500. Required: 1. to 4. Prepare the journal entries to record the issuance of the shares, the declaration of a $2.50 per share dividend on December 1, 2021, the payment of the dividend on December 31, 2021 and the retirement of the shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answers: 3
Business, 22.06.2019 10:40, emojigirl5754
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
Business, 22.06.2019 20:00, dlatricewilcoxp0tsdw
Which of the following statements is true of the balanced-scorecard? a. it is a more or less a one-dimensional metric of measuring competitive advantages of a firm. b. it is one of the traditional approaches of measuring firm performance. c. its primary focus is to base a firm's strategic goals entirely on external performance dimensions. d. it attempts to provide a holistic perspective on firm performance.
Answers: 1
During its first year of operations, Cupola Fan Corporation issued 46,000 of $1 par Class B shares f...
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