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Damm [24]
3 years ago
10

When creating a new quickbooks data file for an existing company, opening balances are added when you:?

Business
1 answer:
Vesna [10]3 years ago
4 0

The opening balance are being added when creating a new quick books data file for the existing company when there is a presence of having chart of accounts that are provided to be customized that made opening balances to be added.

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Art purchased 2,500 shares of Delta stock. His purchase represents 10 percent ownership in the firm. His shares have increased i
Pie

Answer: $12

Explanation:

From the question, we are informed that Art purchased 2,500 shares of Delta stock and his purchase represents 10 percent ownership in the firm. We are further told that his shares have increased in value from the $12 a share he originally paid to today's market value of $13 a share.

Assume Delta goes bankrupt and owes $450,000 more in debts than the firm can pay after liquidating all of its assets, the maximum loss per share Art will incur on this investment will be the purchase price per share which was given in the question as $12.

This is because when a firm guess bankrupt, the maximum loss which will be incurred by Art will be the value of his investment which is $12.

6 0
3 years ago
Why is it important to use the right strategies to beat competition?:​
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Answer:

Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.

3 0
2 years ago
A stock you own earned: $200, $500, $100, and $700 over the last four years. What was the mean annual gain in value over the fou
ira [324]

Answer:

$375

Explanation:

200+500+100+700= 1,500

1,500/4=375

7 0
3 years ago
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Which statement accurately describes the effect of the federal government rapidly reducing government expenditures?
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The statement which accurately describes the effect of the federal government rapidly reducing government expenditures is D.Unemployment rates will increase because federal spending makes up a large part of the economy. Since the goverment keeps up money for particular economic expenses, it means that the salaries will be decreased and the level of firing people wold decrease. Therefore, companies will not be able to offer a escent salary to their new empoyees which means that unemployment rate will grow.
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My neighbor, martha, ran into my house crying and angry. "my car has been stolen!" she gasped. "i saw them take it!" i called th
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This is an unfortunate financial situation that Martha experienced. Her car with a brown (1.body) and black roof color was stolen. She then called the police to  have it blotter. The police asked her if she has (2.paid ) her loan since the bank or dealer has a right to (3. confiscate). She confessed that she was unable to pay her duties because the written language was too complicated to (4.understand). A big home-improvement loan is also (5. along) with the car loan. It's difficult for her to pay since the city is suffering from (6.financial crisis). So, she consulted a debt counselor and have the service for free and come up with the(7.options) of having a regular job or pay willingly in full. They both made up a plan that would (8.constitute) a comprehensive budget. Finally, she made a promised to pay (9.small) amount each month to companies she's indebted. They've also talked about comprehensive actions to take when she's facing a (10.similar) scenarios again.
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