Large companies and corporations usually have this kind of method. Company abc gave a common stock<em> </em><em>(also known as common stock) </em>to each and every stockholder in the company. It represents ownership in a corporation. Stock holders are also given the right to vote and chose among themselves the board of directors.
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Answer:
T<span>o discourage consumers from purchasing foreign goods
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Answer:
20.50 times
Explanation:
Cash coverage ratio = (EBIT + Depreciation) / Interest paid
Cash coverage ratio = ($1,640+$410) / $100
Cash coverage ratio = $2,050 / $100
Cash coverage ratio = 20.50 times
So, the cash coverage ratio for 2017 is 20.50 times
Answer:
$2,700
Explanation:
The computation of the unearned service revenue balance reported on the February 28 balance sheet is shown below:
= Total cash received - expired service revenue
= $3,600 - $900
= $2,700
The expired service revenue is
= Received amount ÷ number of months
= $3,600 ÷ 4 months
= $900
It is come by deducting the expired service revenue from the total cash received so that the balance could come
