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3 years ago

Which statement about American prisons is correct?

1 answer:

8 0

B. Because D is highly wrong! There are more African-American people in jail than other races. The large war on Drugs put MANY people in jail, yet the state will put anyone in for even the smallest thing.

Most of some of the longer prison sentences were given for Drugs.. Other crimes maybe life, but not all.

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This partnership was approached by a corporation that would like to acquire them by a stock acquisition. The partnership has no

Novosadov [1.4K]

Answer:a The corporation can make a public issue of shares to obtain capital to make the purchase. ( B) The accountant will open a temporary account called the business purchase account and the vendor account to record the purchase

Explanation:

a. When a corporation want to purchase a existing business ,the purchase price may be paid either totally in cash or partly in cash and partly in shares or in some cases totally in shares. The method of payment is arranged between the corporation and the existing business. If the company makes a public issue of shares to raise funds for the purpose of acquisition of the business. A statement in the prospectus to issue the shares that the vendor will be paid either totally or partly in shares boost the investors confidence in the business because they see it as a sign that the vendor has faith in the future prospect of the business under the new ownership. The shares allotted as consideration for the purchase becomes part of the issued capital of the company.

b. The temporary account and the vendor account would include the following

1.Dr the business purchase account

Cr the vendor account

With the agreed purchase price,and the allotment of shares or debenture as part of the purchase price

2. Dr the asset, including Goodwill if any to their respective account,

Cr the total value of asset taken over in one amount to the business purchase account

3. Dr the total value of liabilities taken over in one amount to the business purchase account

Cr the liabilities to their respective account

4. Dr vendor account

Cr the corporation capital account both with the purchase price when paid

5 0

3 years ago

Julie works at an organization that has an online shopping portal. While analyzing shopping patterns, she notices that most cust

mars1129 [50]

Answer:

Web Mining

Hope this helped!

5 0

4 years ago

Find the duration of a 7.6% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield

Dominik [7]

Answer:

Explanation:

What is given:

Semiannual coupon payments [7.6%*100/2 = 3.8]

n = 3*2 = 6 periods

YTM =6%; 12%

Calculations:

YTM = 6%

Cash-flows during periods 1-5 = 3.8 and pays 103.8 at the end

PV of CF1 = 3.68932

PV of CF2 = 3.581864

PV of CF3 = 3.477538

PV of CF4 = 3.376251

PV of CF5 = 3.277913

PV of CF6 = 86.93087

Price(Total of CFs) = 104.3338

Weighted CF1 =3.8

Weighted CF1 = 2*3.8 = 7.6

Weighted CF2 = 3*3.8 = 11.4

Weighted CF3 = 4*3.8 = 15.2

Weighted CF4 = 5*3.8 = 19

Weighted CF5 = 6* 103.8 = 622.8

PV of Weighted CF1 = 3.68932

PV of Weighted CF2 = 7.163729

PV of Weighted CF3 = 10.43261

PV of Weighted CF4 = 13.505

PV of Weighted CF5 = 16.38957

PV of Weighted CF6 = 521.5852

Sum of weighted CFs = 572.7654

Duration 2.744871

YTM = 12%:

PV of CF1 = 3.584906

PV of CF2 = 3.381986

PV of CF3 = 3.190553

PV of CF4 = 3.009956

PV of CF5 = 2.839581

PV of CF6 = 73.1749

Price(Total of CFs) = 89.18189

Weighted CF1 =3.8

Weighted CF1 = 2*3.8 = 7.6

Weighted CF2 = 3*3.8 = 11.4

Weighted CF3 = 4*3.8 = 15.2

Weighted CF4 = 5*3.8 = 19

Weighted CF5 = 6* 103.8 = 622.8

PV of Weighted CF1 = 3.584906

PV of Weighted CF2 = 6.763973

PV of Weighted CF3 = 9.57166

PV of Weighted CF4 = 12.03982

PV of Weighted CF5 = 14.19791

PV of Weighted CF6 = 439.0494

Sum of weighted CFs = 485.2077

Duration 2.720326

3 0

3 years ago

Autumn, a manager for Shine Cosmetics, has just been given a report showing sales in her region are lower than anticipated for t

Llana [10]

Answer: Controlling

Explanation:

Autumn is using the management quality of controlling to correct the low sales at her company, and to get a higher sales at her sales region.

Controlling in management involves the process where a manager accesses a company's current performance record and looks out for ways to improve their performance.

8 0

3 years ago

A reconciliation of pretax financial statement income to taxable income is shown below for Shaw-Anderson Industries for the year

Luba_88 [7]

Answer:

Explanation:

Year end - December 31,2018 (first account year)

Pretax Income - $640,000

Interest expenses ( $20,000)

Excess warranty expense add back $45,000

Excess depreciation deducted ($120,000)

Taxable income = $545,000

Tax rate = 40%

Income tax expense for 2018 = $545,000 * 40%

=$218,000

3 0

3 years ago