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Romashka [77]
3 years ago
10

You record the debit entry for transaction (B) 5/2 in the journal as Date Description Debit Credit A. May 2 A/P—Craft Bank 3,500

.00 B. May 2 A/P—Craft Bank 3,500.00 C. May 2 Equipment—Store 3,500.00 D. May 2 Merchandise 3,500.00
Business
2 answers:
vlabodo [156]3 years ago
4 0
C. May 2 Equipment—Store 3,500.00
Just took the test
Fiesta28 [93]3 years ago
3 0

Answer: dat ddkkkff

Explanation:

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MV Corporation has debt with market value of $100 million, common equity with a book value of $100 million, and preferred stock
valkas [14]

Answer:

Market value of Common Stock

Number of stock                             6 million

Market price per share                   $50

Market value of Common Stock  $300 million

Weights for various sources

Source       Market         % of Total Value

Debt            100               23.81%  [100/420*100]

Preferred    20                 4.76%   [20/420*100]

Common     <u>300</u>              <u>71.43%</u>  [300/420*100]

Total            <u>420</u>               <u>100%</u>

7 0
3 years ago
Even though the nation faces political instability, the island of Frollik with its wide, expansive beaches is a destination hub
Gala2k [10]

Answer:

3. Foreign Direct Investment

Explanation:

Based on the information provided within the question in regards to the situation at hand, it seems that the theme park company is using a global marketing strategy called Foreign Direct Investment. This term refers to when a foreign company decides to invest in a controlling ownership of a business in another country. Just like what is going on with the theme park company wanting to buy land in Frollik in order to build an entertainment park.

If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Sapana and Jim are discussing American beer. Sapana says that most American beers are of the bock beer type. Jim disagrees and s
Sonbull [250]
The correct option is B, that is Jim is correct.
The most common type of beer produced by big breweries in America is LAGER BEER. Small breweries, most of which came into existence after 1980 produce different kinds of beer such as Amber ale, Cream ale, California common, etc.<span />
3 0
3 years ago
Read 2 more answers
Flossy promises to pay her cousin garth, who is dangerously obese, $10,000 if garth loses 100 pounds within the next two years.
Salsk061 [2.6K]
<span>Answer:
   A court is most likely to rule against Flossy and in favor of Garth. Garth provided legally sufficient consideration by losing 100 pounds in weight over the stipulated two-year period. Generally, a waiver of a le- gal right—in this case, the right to eat to obesity—at the request of another party is sufficient consideration to support a promise. The promise in this question was the payment of $10,000. It does not matter whether the performance—the loss of weight—also benefited the Garth.</span>
3 0
3 years ago
The following data has been provided for a company’s most recent year of operations: Return on investment 20% Average operating
Snowcat [4.5K]

Answer:

$5,000

Explanation:

The return on investment is 20%

= 20/100

=0.2

The average operating assets is $100,000

The minimum required rate of return is 15%

= 15/100

= 0.15

The first step is to calculate the net operating assets

= ROI× average operating assets

= 0.2×100,000

= $20,000

Therefore, the residual income can be calculated as follows

= Net operating income-(minimum required rate of return×average operating assets)

= $20,000-($100,000-0.15)

= $20,000-15,000

= $5,000

Hence the residual income for the year was closest to $5,000

3 0
3 years ago
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