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2 years ago

Answer with one of your favorite nicknames given to you, and one you've given to someone else

1 answer:

3 0

My favorite nickname I gave someone would be "shortstack", to my brother who is shorter than me. And my favorite nickname I am was given would be pippy, in refer to Pippi longstock.

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10 points...........

dedylja [7]

Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the accounting equation:

Assets
=
Liabilities
+
Equity

Assets=Liabilities+Equity

With a double entry system, credits are offset by debits in a general ledger or T-account.

So debit is the answer

7 0

3 years ago

Read 2 more answers

The Sports Club plans to pay an annual dividend of $1.20 per share next year, $1.12 per share a year for the following two years

Delicious77 [7]

Answer:

$9.63

Explanation:

Data provided in the question:

Year Annual dividend paid

1 $1.20

2 $1.12

3 $1.12

4 $14.20

Now,

Year Annual dividend paid Present value factor Present value

1 $1.20 0.84246 1.011

2 $1.12 0.84246 0.7949

3 $1.12 0.59793 0.6696

4 $14.20 0.50373 7.1529

===============================================================

Worth of stock = 1.011 + 0.7949 + 0.6696 + 7.1529

= $9.6284 ≈ $9.63

Note:

Present value factor = [ 1 ÷ (1 + 0.187)ⁿ]

here,

n is the year

7 0

3 years ago

Senator approxmire opposes a proposal requiring that the monopsonist pay a minimum wage of at least wmin, stating: "even if the

mihalych1998 [28]

Senator approxmire is Incorrect because the monopsonist's effective MRC curve becomes ABCD, which means that it<span> would choose to hire more workers, from L1 to L2, following the imposition of the minimum wage.
When monopsonist exist, the majority of workers within a certain area will be employed by a single entity. When we enacted minimum wage, indeed the company's salary expense will be increased, but this will goes along with the total productivity increased by the happy employees.</span>

6 0

3 years ago

A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and Group of

rewona [7]

Answer:

so near its maturity that it presents insignificant risk of changes in interest rates.

Explanation:

As we know that the cash equivalent i.e .short term and also classified as the highly liquid investment that is always ready to convert into the cash amount i.e. near to its maturity also at the same time it represent the non-significant changes risk with respective to the rate of interest

Therefore the last option is correct

8 0

3 years ago

Pronghorn Company issues 8,900 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value

zysi [14]

Explanation:

The Journal entry is given below:-

A 1. On 1 January 2020

Unearned compensation Dr, $445,000

To Common stock (8,900 × $10) $89,000

To Paid-in Capital in Excess of Par -common stock $3,56,000

(Being the restricted stock is recorded)

2. On 31 December 2021

Compensation expenses Dr, ($445,000 × 1÷5) $89,000

To Unearned compensation $89,000

(Being the restricted stock is recorded)

B On 25 July 2024

Common stock $89,000

Paid-in Capital in Excess of Par -common stock $356,000

To compensation expenses $356,000

To unearned compensation $89,000

(Being the forfeiture is recorded)

7 0

3 years ago