Answer:
The Civil Rights Act of 1964 hastened the end of legal Jim Crow. It secured African Americans equal access to restaurants, transportation, and other public facilities. It enabled blacks, women, and other minorities to break down barriers in the workplace.
Explanation:
Answer:
Option A When a company provides a service
Explanation:
According to accrual concept the revenue must be recognized when they are earned this means the share of consideration is delivered to the party to contract. The consideration here is provision of services here. So the option A is correct here.
Answer:
Debt ratio = 0.77 (to 2 decimal places)
Explanation:
The debt ratio of a company is the ratio of the total debt owed to the total assets owned by the company. It is represented mathematically as:
Debt Ratio = Total Debt ÷ Total asset
Total Debt = current liabilities + longminusterm liabilities
Total Debt = 403 + 190 = $593
Total assets = $772
∴ Debt ratio = 593 ÷ 772 = 0.77 (to 2 decimal places)
note that current assets are not used in the calculation because it is a subset of total asset.
Dividends to be paid for cumulative preferred stock
current year 1,500×40×0.07=4,200
dividends in arrears to preferred stockholders 4200
Total dividends to be paid to preferred stockholders=4200+4200=8400
Dividends that Common stockholders received
10000-8400=1600 ...answer