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3 years ago

Which is an example of new media?

1 answer:

3 0

New media are forms of media from computers or that rely on computer/digital technology (old media are phones,radios, etc)

Examples of new media: computers, online databases, you tube, social media networks, online news articles, etc.

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Tyler Jones is authorized to prepare and sign checks for the company. He also enters the checks Into the ledger. He wrote a $500

Natali [406]

Answer:

A. All checks require two signatures.

Explanation:

Internal controls refer to the checks and balances that an organization puts into place to ensure its financial transactions' integrity. They are the measures and regulations that safeguard against fraudulent transactions, especially in the finance department. Internal control protects business assets from theft and misuse by malicious employees.

Requiring all transactions to be approved by a senior officer is a control measure that would have prevented Tyler Jones from succeeding in stealing. In this case, the check would have to be signed by a second person. The second signature serves as an approval.

3 0

3 years ago

Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Co

Sunny_sXe [5.5K]

Answer:

d. Credit to the investment account for $9000.

Explanation:

Since Zach company owns 45% of the voting stock in the Tomas corporation and Tomas corporation uses an equity method in recording this investment and it reports a net loss of $20,000.

The Zach company's entry would be Credit to the investment account for $9000.

- Calculations: $20000 * 0.45 = 9000.

Hope this helps.

ThankYou.

6 0

4 years ago

Read 2 more answers

A plant asset acquired on October 1, 2018, at a cost of $400,000 has an estimated useful life of 10 years. The salvage value is

melamori03 [73]

Answer:

The depreciation expense for the first two years is $72,000.

Explanation:

Under straight-line method, depreciation expense is (Cost - Residual value) / No of years = ($400,000 - $40,000) / 10 years = $36,000 yearly depreciation expense.

Using this method, the depreciation expense for the first two years is $36,000 x 2 years = $72,000. This amount is regarded as the accumulated depreciation at the end of Year 2 while the net book value would be $400,000 - $72,000 = $328,000.

3 0

3 years ago

John owns 500 shares of stock in Catawba Box, Inc. The company has recently announced the results for the quarter. The company e

frutty [35]

Answer: Is not taxed

Explanation: John owns 500 shares of stock in Catawba Box, Inc. He is the share holder of the company . An equity shareholder is the owner of the company. But for a big public limited company, they raise funds by going public and issuing shares to the public in small tranche. The profit earned by the company is taxable for the company while it is not taxed to the owners or the shareholders of the company as a company is a separate legal entity.

6 0

3 years ago

In previous question, suppose the company intends to go public by selling 3,000,000 new shares. Moreover, assume the company has

pshichka [43]

Answer:

A. $3.5 million

B. $120

Explanation:

A. Calculation for What is the post-money valuation for the last round of funding in dollars

First step is to calculate the total value of the company

Total value of the company = (200,000 + 100,000)* (150,000/100,000)

Total value of the company= (200,000 + 100,000)* $1.5

Total value of the company= 300,000 * $1.5 Total value of the company=$450,000

Now let calculate The post money valuation

Post money valuation = (200,000 + 100,000 + 400,000) * (2,000,000/400,000)

Post money valuation= (200,000 + 100,000 + 400,000) * $5

Post money valuation= 700,000 * $5

Post money valuation= $3.5 million

Therefore the post-money valuation for the last round of funding in dollars will be $3.5 million

B) Calculation for What is the estimated IPO stock price

First step is to calculate the EV

EV = $25 million * 5

EV= $100 million

Second step is to calculate the Total number of shares

Total number of shares = 700,000 + 300,000

Total number of shares = 1 million

Third step is to calculate the Equity

Equity = $100 million + $20 million

Equity = $120 million

Now let calculate the value per share

Value per share = $120 million/1 million

Value per share = $120

Therefore the estimated IPO stock price will be $120

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3 years ago