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3 years ago

The par value per share of common stock represents the

Business

1 answer:

zavuch27 [327]3 years ago

3 0

Amount of dividends per share to be received each year

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Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of

makvit [3.9K]

Answer:

$133,000 decrease

Explanation:

The computation of the impact on the operating income is shown below:

Sales for the year $1,052,000

Less:

Variable cost -$862,000

Contribution margin $190,000

Less:

Fixed cost for 30% of $190,000 -$57,000

Impact on the operating income $133,000

This amount reflects the decrease in the operating income

5 0

3 years ago

What does reliability ensure? A. The system has the ability to operate in many different operating systems B. The system is easy

PolarNik [594]

Answer:

C. The system is functioning correctly and providing accurate information

Explanation:

Reliability refers to the ability of a system or a machine to perform its intended function with minimal or nil breakdown. Consistency and validity of data from the performance of a system or a piece of equipment indicate its reliability. It is the possibility of failure-free operation of a system.

Reliability will, therefore, ensure a system is performing its function with minimal interruptions resulting from failures. It guarantees consistency in the results from operations. With reliability, production happens when it is needed.

5 0

2 years ago

*E21.23 (LO 5) (Sale-Leaseback) Assume that on January 1, 2020, Elmer's Restaurants sells a computer system to Liquidity Finance

Dennis_Churaev [7]

<u>Solution and Explanation:</u>

Date General Journal Debit Credit

January 1, 2017 Cash/Liquidity Finance Co. 680000

Computer system 600000

Profit on sale of computer system 80000

To record the sale of computer systems

January 1, 2017 Lease Rental 115970

Cash 115970

To record the first lease rental of the lease Journal entries in the books of lesser(Liquidity Finance Co.)

Amount in $

Date General Journal Debit Credit

January 1, 2017 Computer system 680000

Cash/Elmer's Restaurants 680000

To record the purchase of computer systems

January 1, 2017 Cash 115970

Lease Rental Income 115970

To record the first receipt towards lease rental of the lease

December 31, 2017 Depreication on computer system 68000

Accumulated depreication on computer system 68000

To record the depreication expense for the year

5 0

2 years ago

Define a SMART goal for your own team<br>

Yanka [14]

Answer:

<h3>To make sure your goals are clear and reachable, one should consider setting SMART goals (Specific, Measurable, Achievable, Relevant, and Timely</h3>

5 0

2 years ago

The date on which the principal amount is repaid to the bondholder is known as the ________.

blagie [28]

The answer is “Bond Maturity Date”.

8 0

1 year ago