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marissa [1.9K]
3 years ago
7

Select all that apply.

Business
2 answers:
VladimirAG [237]3 years ago
3 0
<span>Money is anything that people are willing to accept to use for  payment for goods and services.The purpose of money can be described as follows:
</span>store of value - money is a way of saving for future purchases
unit of account - money <span>represents the real value (or cost) of any economic item.</span><span>
medium of exchange- </span>Money serves as a medium of exchange.

Tpy6a [65]3 years ago
3 0

store of value

unit of account

medium of exchange

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B. Consider an outright acquisition.

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You work for an accounting firm. Just last week the state legislature passed reforms to the state tax code. The revised tax code
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A summary is simply known as a short explanation of a work's content. The type of short informational report that I have been asked to write is a summary.

A summary report can consist of;  

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2 years ago
If merchandise sold on account is returned to the seller, the seller may inform the customer of the details by issuing a
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The seller may inform the customer of the details by issuing a credit memo .

A credit note or credit memo is a commercial document issued by a seller to a buyer. A credit memo serves as the source document for the sales return journal. In other words, the credit is evidence of a decline in sales. A credit is a short form of term credit and is evidence of a reduction in the amount owed by the buyer to the seller on a previous invoice.

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4 0
2 years ago
The opening of which canal significantly reduced the time and money required to ship goods between the east coast and the west c
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Torino Company has 2,800 shares of $50 par value, 6.5% cumulative and nonparticipating preferred stock and 28,000 shares of $10
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Answer:

The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is  $10,200.

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In order to calculate the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is , we have to make the following calculations.

First, we have to calculate the Annual preferred dividend = (2800*50*6.5%) = $9,100

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