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Gelneren [198K]
2 years ago
6

Blue Ice Inc. is an American corporation. The company started out as a partnership between Nick Selver and Rita Andrew in 1985.

In 2001, the partners decided to incorporate their company so they could sell company stock on the stock market . Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.
Business
1 answer:
xxTIMURxx [149]2 years ago
7 0

Blue Ice Inc. is an American corporation. The company started out as a <u>Partnership </u>between Nick Selver and Rita Andrew in 1985. In 2001, the <u>partners  </u>decided to <u>incorporate  </u>their company so they could sell company stock on the<u> Stock Market</u>. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.

<h3>What is partnership?</h3>

Partnership is a form of business carried out by two or more parties or people in which both parties involve in the partnership business must agreed to the terms and condition of the partnership and must as well share their profit equally.

Hence, Blue Ice Inc. is an American corporation. The company started out as a <u>Partnership </u>between Nick Selver and Rita Andrew in 1985. In 2001, the <u>partners  </u>decided to <u>incorporate  </u>their company so they could sell company stock on the<u> Stock Market</u>. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.

Learn more about partnership here:brainly.com/question/14034519

#SPJ1

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Answer:

d

Explanation:

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3 years ago
Find the amount of money accrued at the end of 5 years when $5000 is deposited in a savings account drawing 5 1 4 % annual inter
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This is <u>not true</u> with regards to investing in stock: <u>A. A stockholder</u> will always receive a profit when the stock is sold.

<h3>Who is a stockholder?</h3>

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2 years ago
A $150 petty cash fund has cash of $54 and receipts of $83. the journal entry to replenish the account would include a
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The correct answer is option b, debit to cash short and over for $13. The petty cash fund is a debit account, meaning it increases with entries posted on the debit side and decreases with entries posted to the credit side. Replenishing the fund here means injecting cash to reach the initial $150. To obtain the replenishing amount, you just subtract the debit entries in the fund $54 and $83 from the $150, i.e. $150 - ($54 + $83) = $13.
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