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dangina [55]
3 years ago
10

What do you call the second year of high school?

Business
1 answer:
Luba_88 [7]3 years ago
7 0
The second year of high school is Sophomore year.
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2,000,000 shares of no-par common stock were authorized; 750,000 shares were issued on January 1, 2019, at $35 per share. 800,00
Pachacha [2.7K]

Answer:

Explanation:

Journal entries

Jan. 1, 2019

Dr Cash (750,000x$35) $26,250,000  

      Cr Common stock  $26,250,000

Jan. 1, 2019

Dr Cash (540,000x$105)         $56,700,000  

      Cr Preferred shares (540,000x$100)  $54,000,000

      Cr Paid in capital in excess of par-Preferred stock      $2,700,000

Dec. 22, 2021

Dr Cash dividend         $15,000,000  

    Cr Dividend payable-Preferred  $12,150,000

    Cr Dividend payable-Common      $2,850,000

Feb. 12, 2022

Dr Dividend payable-Preferred         $12,150,000  

Dr Dividend payable-Common           $2,850,000  

     Cr Cash  $15,000,000

Dividend payable-Preferred = $54,000,000x7.5%x3 years =$12,150,000

Dividend payable-Common = $15,000,000-$12,150,000 =$2,850,000

8 0
3 years ago
Implementing and executing strategy successfully requires Implementing and executing strategy successfully requires:____________
dolphi86 [110]

Answer: C. . the efforts of a company's whole management team, not just a few senior managers

Explanation:

Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.

5 0
2 years ago
Money is
Contact [7]

Answer:

a)

Explanation:

money is a valuable because it is backed by gold

8 0
3 years ago
During August, Salinger Company accumulated 580 hours of direct labor costs on Job 40 and 630 hours on Job 42. The total direct
Inga [223]

Answer:

Dr Work in process $13,210

Cr Wages payable $13,210

Explanation:

Based on the information given the appropriate journal entry to record the flow of labor costs into production during August is:

Dr Work in process $13,210

Cr Wages payable $13,210

(580*$13)+(630*$9)

($7540+$5670)

(To record the flow of labor costs into production during August)

6 0
3 years ago
Why would a large publically traded corporation likely prefer issuing bonds as a way to raise new money as opposed to issuing mo
Setler79 [48]

Answer:

B. more shares will dilute the existing value of the stock, causing its market price to fall

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (creditor or investor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time.

Generally, the bond issuer is expected to return the principal at maturity with an agreed upon interest to the bondholder, which is payable at fixed intervals.

The reason a large publicly traded corporation would likely prefer issuing bonds as a way to raise new money as opposed to issuing more shares is because more shares will dilute the existing value of the stock, causing its market price to fall and may negatively affect by reducing the value and proportional ownership of the investor's shares in the corporation.

8 0
2 years ago
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