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3 years ago

In the United States and the world, why are dollars and cents considered to be a reliable form of money?

2 answers:

6 0

Answer:They represent a physical amount of gold. They are made of valuable materials. They have a strong historical tradition

Explanation:hope it's helpful

Zina [86]3 years ago

3 0

Answer:

They are backed by the U.S. Government

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An analysis of stockholders' equity of Hahn Corporation as of January 1, 2010, is as follows:

charle [14.2K]

Answer:

Additional paid-in capital is $904,200

Explanation:

Number of shares, issued and outstanding = 93,000 shares

Acquired 2,460 shares of its stock for $75,000.

Sold 2,000 treasury shares at $35 per share.

Sold the remaining 460 treasury shares at $20 per share.

i) Acquired 2,460 shares of its stock for $75,000.

= Treasury Stock Dr $75,000

ii) Sold 2,000 treasury shares at $35 per share.

Treasury Stock (2,000 × $35) = Dr $70,000

iii) Sold the remaining treasury shares at $20 per share.

Treasury Stock (460 × $20) = Dr $9,200

Total Treasury Stock = $75,000 - $70,000 - $9,200

= ($4,200)

Paid in Cap-tresury stock= 10,000-5000=5000

Additional Paid in capital = Paid in Capital - treasury stock

= 900,000 + 4,200 = $904,200

6 0

3 years ago

Zeus wanted to convey Mount Olympus to Artemis, Ares, Aphrodite, and Athena in equal shares. On July 1, he saw Artemis, Aphrodit

dsp73

Answer:

Joint Tenancy

Explanation:

Each tenant was given an equal share.

The conveyance deed was completed on a specific date passing all the land fairly to all tenants.

The Hera, Aphrodite, Athena and Ares also bear the title of Mutual Tenancy as Zeus transmitted Mount Olympus to them.

Therefore the correct option is Joint Tenancy and the same is to be considered

3 0

3 years ago

The Allowance for Doubtful Accounts T-account will have the ______ on the credit side. Multiple choice question. sales discounts

docker41 [41]

The Allowance for Doubtful Accounts T-account will have the <u>estimated bad debts from the adjusting entry</u> sales discounts .

Doubtful account

An allowance for doubtful accounts is considered a “contra asset,” because it reduces the amount of an asset, in this case the accounts receivable. The allowance, sometimes called a bad debt reserve, represents management's estimate of the amount of accounts receivable that will not be paid by customers.

Learn more doubtful account here :

brainly.com/question/15409074

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8 0

2 years ago

One of the authors wanted to determine the effect of changing answers on multiple-choice tests. she studied the tests given by

Vilka [71]

Ye she’s yensjshiahahs

4 0

3 years ago

Read 2 more answers

A manufacturing company is considering a capacity expansion investment at the cost of $258,388 with no salvage value. The expans

Jobisdone [24]

Answer:

33,610.42 units

Explanation:

For computing the minimum annual production rate first we have to determine the annual worth by using the PMT formula which is shown below:

Given that

Present value = $258,388

Interest rate = 10%

NPER = 7 years

Future value = $0

The formula is shown below:

= PMT(RATER;NPER;-PV;FV;type)

The present values comes in a negative

After solving this, the annual worth is $53,074.32

And, the annual operating maintenance cost is $28,599

So, the revenue should be

= $53,074.32 + $28,599

= $81,673.32

Now the minimum annual production rate is

= $81,673.32 ÷ $2.43

= 33,610.42 units

4 0

2 years ago