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Alex17521 [72]
3 years ago
15

A certain stock starts the day at $273/8 per share. If it drops $21/2 during the day, what is its closing value?.

Business
2 answers:
pashok25 [27]3 years ago
6 0
The closing value is the final price at which a security is traded on a certain transaction day.

It is computed by:
First, knowing how many 1/8's in 1/2 = there is 4.
solution: 1/2 divided by 1/8

Then deduct the starting price to the dropping price
27 - 2 = 25

Then deduct the 3/8 to the 4 you have computed earlier
4/8 - 3/8 = 1/8

The closing price is
25 - 1/8 = 24.88

navik [9.2K]3 years ago
3 0

Answer:

the answer is 24 7/8 just took the test and got it right

Explanation:

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Sergeeva-Olga [200]

Answer:

Local businesses, SME's and International businesses

Explanation:

The era of the internet has provided the work to integrate and create more opportunities for the business to grow and improve. More importantly, the internet has created a pathway for small businesses, local businesses, and small businesses to grow and expand globally. The internet has also helped businesses to set up their operations globally and locally to attract more markets and consumers.

8 0
3 years ago
Under absorption costing, a company had the following unit costs when 9,000 units were produced. Direct labor $ 7.25 per unit Di
tekilochka [14]

Answer:

$23.45 per unit

Explanation:

Given that,

Units produced = 9,000 units

Direct labor = $7.25 per unit

Direct material = $8.00 per unit

Variable overhead = $5.50 per unit

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= $67,500 ÷ 25,000 units

= $2.70 per unit

Total product cost per unit:

= Direct material cost per unit + Direct labor cost per unit + Variable overhead cost per unit + Fixed overhead

= $8.00 per unit + $7.25 per unit + $5.50 per unit + $2.70 per unit

= $23.45 per unit

6 0
3 years ago
In 2019, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients and earned $25,000. The clien
romanna [79]

Answer:

Accrual shows face amount as revenue

revenue = $25,000

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Total income reported in 2017 = $27,333

The next year she would show the remainder of 12,000 from 26 month contract

For tax purposes, max of 2 year deferral for payment recieved in advance.

6 0
3 years ago
______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. Th
11111nata11111 [884]

Answer:

The correct answer is d. Values

Explanation:

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7 0
4 years ago
Amend Inc. debited Accounts Receivable and credited Allowance for Uncollectible Accounts to reestablish an account previously wr
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Answer:

Cash; account receivable

Explanation:

The journal entry to reestablish an account previously written off is given below:

Cash Dr XXXXX

   To account receivable XXXXX

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Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets

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3 years ago
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