Business, 21.01.2021 22:40 kaffolter25
Prepare journal entries for each of the following transactions of Alma Inc. a. Issues stock to shareholders in exchange for $12,500 cash. b. Purchases $3,750 of equipment by signing a note payable. c. Performs $3,125 of services for customers on account. d. Pays $1,250 cash for legal services.
Answers: 2
Business, 21.06.2019 20:30, Dericktopsom
Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money
Answers: 1
Business, 22.06.2019 05:10, Kaitneedshelps
1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84
Answers: 3
Business, 22.06.2019 06:00, StephanieQueen2003
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. rahal's accounts receivable at december 31, 2018, are:
Answers: 2
Business, 22.06.2019 09:50, niele123
The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?
Answers: 2
Prepare journal entries for each of the following transactions of Alma Inc. a. Issues stock to share...
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