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aivan3 [116]
3 years ago
9

A company issued 70 shares of $30 par value preferred stock for $4,000 cash. The journal entry to record the issuance is:

Business
1 answer:
guapka [62]3 years ago
7 0
-Debit cash $4,000
-credit paid-in capital excess par value $1,900
-credit preferred stock $2,100

Hope it helped
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The marginal seller is the seller who
trapecia [35]

Answer:

b. would leave the market first if the price were any lower.

Explanation:

In the market, the producer always sells more than the economic cost ( raw materials and labor cost) that he bears during production. The marginal seller means that the seller earns zero economic profit ( producer surplus) i.e. an economic cost equals the selling price. So if the price falls then the marginal seller would leave the market first because he will be indifferent when earns the zero economic profit but when the price falls he would leave the market.

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2 years ago
suppose you pay $9,400 for a $10,000 par treasury bill maturing in 6 months. what is the annualized holding period return for th
Leni [432]

The annualized holding period return for this investment is 13.17%.

<h3>Define annualized total return.</h3>

The fund's annual return is calculated using the annualized total return to show the rate of return required to generate a cumulative return. A holding period is the duration of time an investor keeps an investment in their portfolio or the interval between buying and selling a security.

The geometric average of yearly returns for each year during the investment period is known as the annualized return. When comparing two investments with different time periods or examining an investment's performance over time, the annualized return can be helpful.

Annualized Return =(Future value + Present value) ^ (1 / N) - 1

= [10,000/9,400]^12/6 - 1

= (1.0638298)²-1

= 1.1317 - 1

= 13.17%

To learn more about to calculate annual return, visit:

brainly.com/question/17023498

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kirill115 [55]
These questions are for your opinion.
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Who is Patrick Jorgenson? What does he do for a living?
Reika [66]

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I think you mean Patrick Jørgensen

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