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crimeas [40]
3 years ago
5

A[n] _____________ contract is one that contains all the legal elements of a contract.formalapprovedvalidvoidableexecuted

Business
1 answer:
Gala2k [10]3 years ago
3 0
<span>agreement to modify an existing contract </span>
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On September 21, 2017, Umbrella Company announced a 3 for 1 stock split. After the split, the company will have about 24.6 milli
Lady bird [3.3K]

Answer:

vbnmm

Explanation:

5 0
3 years ago
Oregon Outfitters issues 1,700 shares of $1 par value common stock at $20 per share. Later in the year, the company decides to p
lions [1.4K]

Answer and Explanation:

The journal entries are given below;

1. Cash Dr, $34,000 (1,700 × $20)    

     To Common Stock $1,700

       To Paid in capital in excess of par-Common Stock $32,300

(Being issue of common stock is recorded)

2.Treasury stock Dr, $4,620 (220 × $21)

       To Cash  $4,620  

(Being repurchase of treasury stock is recorded)  

3. Cash Dr, $5,940   (220 × $27)

     To Treasury stock $4,620 (220 × $21)  

     To Paid in capital-Treasury stock $1,320

(Being reissue of treasury stock is recorded)

7 0
2 years ago
For each of the following costs incurred in a manufacturing firm, indicate whether the costs are most likely fixed (F) or variab
Murrr4er [49]

Answer:

a. Depreciation on the building for administrative staff offices. (F) (P)

b. Cafeteria costs for the factory. (F) (M)

c. Overtime pay for assembly workers. (V) (M)

d. Transportation-in costs on materials purchased (V) (M)

e. Salaries of top executives in the company. (F) (P)

f. Sales commissions for sales personnel (V) (P)

g. Assembly line workers' wages (V) (M)

h. Controller's office rental. (F) (P)

i. Administrative support for sales supervisors (F) (P)

j Energy to run machines producing units of output in the factory. (V) (M)

Explanation:

Fixed Cost (F): Fixed cost is cost which is fixed and does not vary on the basis of production.

Variable Cost (V): Variable cost is cost which is not fixed and varies on the basis of production i.e. with the change in production, it also changes.

Product Cost (M): Product cost is a direct cost which is attributable directly in the creation of the product such as Direct Material, Direct Labour, etc.

Period Cost (P): A period cost is associated with the passage of time and is not included in the product cost, and is treated as an expense.

8 0
3 years ago
Genuineness, or reality, of agreement is said to be present in a contract when there is:_______.
Papessa [141]

Reality of contract of an agreement is said to be present in a contract when there is genuineness.

When there is true meeting of minds or reality of agreements is the genuineness. Fraud charges are proven wrong only if they are in a written form of contract.

Be it spoken or act of conduct it cannot be stated as a fraud without any consent present information. They are not backed by fraud cloud, misrepresentation, undue influences and mistakes. It is definite and claim which is fairly straight forward in contracts. Reality emerges if the contract is fulfilled on time with due influence.

To learn more about contract here,

brainly.com/question/2669219

#SPJ4

6 0
1 year ago
​Bolwork Inc. is expected to pay a dividend of $5 per share next year. Bolwork's dividends are expected to grow by 3 percent ann
lesya692 [45]

Answer:

fair value for Bolwork stock is $0.4166

Explanation:

given data

dividend = $5 per share

grow rate  = 3 %

required return = 15 %

to find out

fair value for Bolwork stock

solution

we will apply here stock price formula that is

stock price = dividend / required return - growth rate

put all these value we get

stock price = dividend / required return - growth rate

stock price = 5 / 15 - 3

stock price = 5 / 12

stock price is = 0.4166

fair value for Bolwork stock is $0.4166

4 0
2 years ago
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