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3 years ago

Read the passage, and then answer the question.

Business

1 answer:

kicyunya [14]3 years ago

8 0

Answer:

3) Reject redundancies.

Explanation:

The statement is redundant because 2 of the three sentences essentially convey the same messange:

[1] This community needs programs assisting those in the reentry process.
[3] Basic fundamental information on reentry services is sorely needed in our community.

Those two sentences say the same, and one of the two can be dropped to express more clarity, and reject redundancies.

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Need answer like, fast.

grigory [225]

Answer:

Explanation:

7 0

3 years ago

Prahm Corp. wants to raise $4.4 million via a rights offering. The company currently has 500,000 shares of common stock outstand

Pavel [41]

Answer:

price for selling 3000 share right is $25060.87

Explanation:

Given data:

Total Amount raised= $4,400,000

Spreading rate = 6%

Subscription price = $20 per share

Number of share owned by company = 500,000

Per share cost = $45

Totals share own in the company = 3000

subscription price after deducting spreading rate $= 20\times (1 -0.06) = $18.80$

Now, Right share $= \frac{4400000}{18.8} = 234,043$

Right price is calculated as

Right price = ((Number of share held * market price) + (Right share *Right price))/( Number of share held + Right share)

plugging all value in above relation

$= \frac{500000 \times 45 + 234043\times 18.8}{500000 + 234043}$

Right share = $36.65

single right value = 45- 36.65 = $8.35

Price for 3000 share right = 8.35 *3000 = $25060.86

6 0

3 years ago

Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,0

mafiozo [28]

Answer:

d. purchase the machine because each partner has one vote in management matters

Explanation:

Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree

Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine

hence, the option d is correct

8 0

3 years ago

The following selected transactions were taken from the records of Shipway Company for the first year of its operations ending D

alexdok [17]

Answer:

The year-end adjusting entries for the uncollectible accounts will be:

April 13:

Debit Allowance for doubtful accounts $6,530

Credit Accounts receivable $6,530

(To record write-off of accounts receivable - Dean Sheppard)

May 15:

Debit Cash $3,270

Credit Accounts receivable $3,270

(To record collection on account - Dan Pyle)

Debit Allowance for doubtful accounts $5,410

Credit Accounts receivable $5,410

(To record write-off of accounts receivable - Dan Pyle)

July 27:

Debit Accounts receivable $6,530

Credit Allowance for doubtful accounts $6,530

(To re-establish accounts receivable from Dean Sheppard)

Debit Cash $6,530

Credit Accounts receivable $6,530

(To record collection on account - Dean Sheppard)

December 31:

Debit Allowance for doubtful accounts $13,330

Credit Accounts receivable $13,330

(To record write-off of accounts receivable - Miscellaneous)

Explanation:

April 13: Shipway Company wrote-off account of Dean Sheppard, this means there would be a reduction in both allowance for doubtful accounts and accounts receivable.
The receipt on May 15 of $3,270 reduced the accounts receivable but increased cash. However, the write-off of $5,410 caused a reduction in both the allowance account and accounts receivable.
When there was a receipt of $6,530 on July 27, the accounts receivable would be reinstated and then adjusted for the cash receipt.
Lastly, the write-off of the uncollectible accounts from miscellaneous customers were added up to arrive at $13,330.

8 0

3 years ago

List which coins are profitable and which are not.

sergeinik [125]

What are the options and I’ll tell you when you comment on mine when

6 0

3 years ago