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2 years ago

6

A typical major requirement for a business major would be a course in: A.physics. B.music theory. C.economics. D.physical educat

ion.

1 answer:

Llana [10]2 years ago

7 0

Economics because it has to deal with money, which is important for a career in business.

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Swifty Corporation, has 14100 shares of 4%, $100 par value, cumulative preferred stock and 61000 shares of $1 par value common s

dlinn [17]

Answer: $32,800

Explanation:

Every year, the preference shareholders are entitled to the following in dividends;

= 14,100 * 4% * 100

= $‭56,400‬

These shares are cumulative which means that if dividends are not paid in one year, they will have to be accured and paid in another.

No dividends were paid in 2019.

In 2020, dividends were $101,000

Preference shareholders would get dividends for both 2019 and 2020 from here so;

= 56,400 + 56,400

= $112,800

They will take all $101,000 and still be owed;

= 112,800 - 101,000

=$ 11,800

In 2021, their Preference dividends will be;

= 56,400 + 11,800

= $68,200

Amount left for Common shareholders in 2021 will therefore be;

= 101,000 - 68,200

= $32,800

3 0

2 years ago

Prior to recording the following, Elite Electronics, Incorporated, had a credit balance of $2,000 in its Allowance for Doubtful

OleMash [197]

Elite Electronics, Incorporated

JOURNAL ENTRY :

Aug 31

Dr Allowance for Doubtful Accounts a/c 300

Cr Account Receivable. a/c 300

( To record write off Account Receivable)

Dec 15

Dr Account Receivable a/c 300

Cr Allowance for Doubtful Accounts 300

( To record reinstate the accounts receivable)

Dec 15

DR Cash a/c 300

CR Account Receivable a/c 300

( To record Payment received)

4 0

2 years ago

Read 2 more answers

Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?

bija089 [108]

The question "Who has the greatest need?" must be considered by the society when deciding for whom to produce on a potentially scarce or limited resource.

<h3>What is the whom to produce?</h3>

As part of an economic problem, this refers to problem of distribution of final product.

Thus, the question "Who has the greatest need?" must be considered by the society when deciding for whom to produce while deciding who to produce a potentially scarce or limited resource for.

Read more about for whom to produce

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8 0

1 year ago

In a capitalist system, what are the goods and tools that are used to make products?

Eddi Din [679]

The means of production

8 0

3 years ago

The following information relates to the manufacturing operations of the IMH Publishing Corporation for the year:Beginning Endin

LenKa [72]

Answer:

Raw materials purchased = $111,000

Explanation:

given data

Beginning Ending

Raw materials inventory $47,000 $50,000

Finished goods 58,000 50,000

raw materials use manufacturing = $108,000

solution

we get here Raw materials purchased that is express as

Raw materials purchased + beginning raw material = ending Raw materials + Raw materials used ...................1

put here value and we get

Raw materials purchased = $50,000 + $108,000 - $47,000

Raw materials purchased = $111,000

6 0

2 years ago