Answer:
$963300
Explanation:
Number of bonds = 500
Quote price of bond = 98.6
number of common stock shares = 12000
price of common stock share = $47
Number of preferred stock shares = 5000
price of preferred stock shares = $70
Calculate the weight of Equity
market value of bonds = 500 * 98.6 = $49300
market value of common stock = 12000 * 47 = $564000
market value of preferred stock = 5000 * 70 = $350000
therefore the weight of equity of Lew's
= value of bonds + value of common stock + value of preferred stock
= 49300 + 564000 + 350000 = $963300
Answer:
(a) the error will not affect the equality of the trial balance.
(b) the income statement will show higher earnings.
the statement of owners equity will show higher balance.
the balance sheet will show higher balance of ending owners equity and the liability will show lower balance.
Explanation:
(a) both the credit and debit side of the trial balance is recorded, this will dont affect the equality
(b) since the fees earned will be more by $300,000, hence the income statement will have higher earnings.
the balance sheet would show a higher owners equity balance and show a lower liability balance.
the statement of owners equity will have been recorded a higher net income of $300,000.
Answer:
The battle of who should hold more power, the national government or the states, is perhaps the most seasoned battle in American history. Many believe that the states should hold more control over the national government, yet I differ sometimes. In the present society we have progressing banters about numerous points that worry general society. One of the huge issues that gets talked about frequently is whether maryjane ought to be authorized or not. I am fair with regards to this specific point, yet I do have a solid feeling on who ought to choose. At this moment, there are a few states around the nation that have authorized it, however the National government has not. This makes things incredibly confounding most definitely. The other concern I have is with the detained populace because of cannabis infringement. I think that its unjustifiable that there are individuals getting detainment charges for accomplishing something that another resident in a neighboring state is openly doing. I comprehend that individuals are worried about the possibility that that on the off chance that we permit the national government to settle on choices like this, at that point they will develop to be excessively ground-breaking, however I differ right now. There are measures set up to adjust the forces of the government, and we should confide in what the organizers had as a top priority when they drafted the constitution. At the point when they made the constitution, they gave the central government all the forces they figured they ought to have Article 1 area 8. They did this with the aim that they would shield the central government from getting excessively huge. The originators were clever people however, and they realized that the issues written in 1787 would not be the main ones to cross the ways of the American individuals. Considering this they included the "essential and legitimate statement", which was added to guarantee they could manage issues that emerged later on.
1. The e cigarette is an hand held battery operated device which emits doses of vaporized nicotine or non nicotine solutions for the user to inhale.
The government should not ban e cigarette but it should follow the same regulations that were laid down for normal cigarettes. The manufacture and the sale of e cigarette should be strictly regulated.
2. The tobacco industry is not demonstrating a strategy of working in cooperative partnership with FDA. The tobacco industry is just trying to protect itself from future liability because of the effects that its products have on users. <span />
Answer: The correct answer is "A. C corporation".
Explanation: You should use a C corporation, which refers to the corporations it pays as a separate subject from its owners.
Under this type of entity will have a more favorable treatment in terms of the number of owners, benefits when selling their participation and flexibility about the selection of accounting periods.
