Select the correct answer. The word intestate means that a person has died with or without a will?

Ellen Kelly Inc. had 31,300 shares of $.50 par common stock 10,000 shares of 5%, $20 par cumulative preferred stock and 5,000 sh

Serga [27]

Answer:

10,000 common stock.

The EPS = earnings per share = Earnings before tax divided by outstanding common stock in issue

4 0

2 years ago

Lex Corporation is an expanding telecommunications company. However, they are in need of more computers for their new employees.

Kobotan [32]

Answer:

The Answer is Capital.

Explanation:

In Economics, we identify that there are 4 main factors that contribute to the production, we call them "factors of production" and they are,

Land: Not just "land" but also includes all the natural resources that could be extracted and used for any production purposes.
Labor: Mental and physical efforts carried out by humans in the production process.
Capital: Assets or anything that can enhance/boost the ability to produce. Usually, these are generated or created as a result of human interventions and efforts.
Entrepreneurship: the set of skills required to coordinate and manage the process of production successfully.

So, under which category of factors that the computers fall under? Simple right? Its 3.Capital! because they are assets that are created by humans to aid in enhancing the production capabilities!

5 0

2 years ago

Joey bought a dozen oranges for $3. 50 and several bananas for $0. 25 each at the grocery store. Joey spent a total of $5. 75 on

Verizon [17]

The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

Let the number of bananas be B.

Given the following data:

A dozen oranges = $3. 50

Bananas = $0. 25

Total cost = $5.75

Note: A dozen oranges is equal to 12 oranges.

To determine the number line that best represents the number of bananas Joey purchased:

First of all, we would calculate the number of bananas that Joey purchased:

$3.50 +0.25B =5.75\\\\0.25B =5.75-3.50\\\\0.25B =2.25\\\\B=\frac{2.25}{0.25}$

B = 9 bananas.

For the number line:

The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

6 0

1 year ago

Last month a company had net sales revenues of $10,000; Cost of goods sold of $4,000; other operating expenses of $3,000; non-op

Pie

Answer:

The correct answer is B. 6.000

Explanation:

Gross profit only includes Sales Revenues and cost of goods sold. So you have to ignore all others. In this case the solution is given for Sales Revenues 10.000 - cost of goods sold 4.000 = Gross profit 6.000. Hope it helps

6 0

2 years ago

A corporation issued $580000, 10%, 5-year bonds on January 1, 2020 for $626400, which reflects an effective-interest rate of 7%.

ioda

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

For Jan.1,2020 value = $626,400

Interest rate = 7%

So, we can calculate the amount of bond interest expense by using following formula:

Interest Expense = Carrying Value × Market Interest Rate

By putting the value of following

Interest expense = $626,400 × 7%

= $626,400 × 0.07

= $43,838

Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.

7 0

2 years ago