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3 years ago

If city a is located 35° west of city b, the time at city a is ________ that at city b.

2 answers:

8 0

If city a is located 35Â° west of city b, the time at city a is earlier that at city b. This is because the earth usually rotates form west to east which is counterclockwise when observed from above. The rotation of the earth gives us course of the day.

NeTakaya3 years ago

8 0

Your answer is earlier

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Written Inc. has outstanding 600,000 shares of $2 par common stock and 120,000 shares of no-par 6% preferred stock with a stated

Anika [276]

Answer:

the common stockholders receive $162,000

Explanation:

Preference Shareholders have preference interest over the dividends of Written Inc. This means the preference share holders will be paid their dividends before the common shareholders receive theirs

Note : The preferred stock is cumulative meaning that any dividends in arrears would have to be paid first before payment of dividends relating to current year dividends are declared and issued

Preference Dividends Arrears

Past Two years = (120,000 shares×$5×6%)×2

=$72,000

Current Year = 120,000 shares×$5×6%

=$36,000

Total = $72,000+$36,000 = $108,000

Dividends Paid to Common stockholders

Total Distributed Dividend $270,000

Less Distributed to Preference shareholders($108,000)

Paid to Common stockholders $162,000

3 0

3 years ago

Disadvantages of being an ill tempered entrepreneur

SSSSS [86.1K]

Answer:

Pessimists often miss the bigger picture.

Pessimism can devolve all too easily into helplessness or hopelessness.

Pessimism can actually create the very situation you fear and resist.

Pessimism may be bad for your mental and physical health.

Explanation:

Hope this helps you

5 0

3 years ago

What is the difference between birthrate and death rate

Schach [20]

Birthrate is the number of births while deaerate is the number of deaths

4 0

4 years ago

Jackpot Mining Company operates a copper mine in central Montana. The company paid $1,150,000 in 2021 for the mining site and sp

poizon [28]

Answer:

a. Determine the cost of the copper mine.

$2,104,430

b. Prepare the journal entries to record the acquisition costs.

Date X, 2021, acquisition of copper mine

Dr Copper mine 2,104,430

Cr Cash 1,780,000

Cr Asset retirement liability 324,430

July 1, 2021, acquisition of mining equipment

Dr Equipment 150,000

Cr Cash 150,000

Explanation:

estimated restoration costs = ($330,000 x .25) + ($430,000 x .4) + ($630,000 x .35) = $475,000

now we must adjust the restoration cost and determine its present value = $475,000 x 0.68301 (present value factor, 10%, 4 periods) = $324,430

total cost of copper mine = purchase cost + preparation costs + restoration costs = $1,150,000 + $630,000 + $324,430 = $2,104,430

4 0

3 years ago

Saira, Inc. has the following income statement (in millions): SAIRA, INC. Income Statement For the Year Ended December 31, 2014

Marizza181 [45]

Answer:

b. 60%

Explanation:

The computation of percentage is assigned to Cost of Goods Sold is shown below:-

$ %

Sales $300 $100

Cost of Goods Sold $180 $60 ($180 ÷ $300) × 100

Gross Profit $120 $40 ($120 ÷ $300) × 100

Operating Expenses $45 $15 ($45 ÷ $300) × 100

Net Income $75 $25 ($75 ÷ $300) × 100

Percentage assigned to cost of goods sold = Cost of goods sold ÷ Sales × 100

= $180 ÷ $300 × 100

= 60%

Therefore for computing the percentage is assigned to Cost of Goods Sold we simply applied the above formula.

3 0

3 years ago