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vova2212 [387]
3 years ago
11

The par value of a stock:

Business
1 answer:
SCORPION-xisa [38]3 years ago
8 0

Answer:

A) is used to determine minimum legal capital balances at issuance

Explanation:

The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock.  The Par Value of common stock is  derived by Par value per share * No. of Issued Shares.

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Freddie's Food Service uses QuickBooks Desktop. They do not track or sell inventory. They have regular customers that they want
azamat

Answer:

Customize reports

Review recurring transactions

Set up and implement an online bill pay service

Explanation:

Considering the situation described above, after converting to QuickBooks Online, the 3 setup and customization steps that are appropriate for this client are the following:

1. Customize reports: this includes forms and reports and, if possible to memorize reports.

2. Review recurring transactions: this is to restore desktop QuickBooks memorized transactions.

3. Set up and implement an online bill pay service: this is done either through Intuit Online Payroll or QBOP.

4 0
3 years ago
Fortune Company had sales during July 20X3 of $29,000. During the month, the company had purchases of $17,000. At July 1, 20X3,
mart [117]

Answer:

$4,100

Explanation:

In this question ,we apply the income statement equation

Opening stock + Purchase + Gross profit = Sales + Closing stock

$4,500 + $17,000 + $11,600 = $29,000 + Closing stock

$33,100 = $29,000 + Closing stock

So, the closing stock would be

= $33,100 - $29,000

= $4,100

The gross profit is computed below:

= Sales × gross profit percentage

= $29,000 × 40%

= $11,600

6 0
3 years ago
Lito is working with a discount broker.Which service would Lito not be likely to receive?
EleoNora [17]

Answer: face to face consultations

7 0
3 years ago
At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November
Naddika [18.5K]

Answer:

The answer is attached for ease of understanding and reference.

Explanation:

Download xlsx
5 0
3 years ago
Once unexpended Research, Development, Test and Evaluation (RDT&E) funds have expired, they can be used for ________________
nadezda [96]

Answer:

The correct answer is letter "D": Payments or adjustments to the original obligations.

Explanation:

Research Development Test & Evaluation (RDT&E) funds are dedicated to cover costs of specific research, development, testing and assessment activities. Once deadlines to present the research are due, the funds can be directed to maintenance of laboratories or any other payment or adjustment besides the initial purpose of that money.

3 0
3 years ago
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