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BartSMP [9]
3 years ago
12

During the first quarter of the Super Bowl, Chris keeps track of actual game time vs. time devoted to commercials. Game time amo

unted to 35 minutes; commercials comprised 14 minutes. What fraction of the total time was the actual game shown? *
Business
1 answer:
timama [110]3 years ago
6 0

Answer:

=5/7

Explanation:

The total time for the first quarter will be

Game time 35mins and commercial 14 mins

=35 mins + 14 mins

=49 mins

Game time as a fraction of first quarter

=35/49

=5/7

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Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,050 shares of $50 par valu
kifflom [539]

Answer:

December 31, 2021

Debit : Dividends $28,500

Credit : Shareholders for Dividends $28,500

Explanation:

The Dividends declared present a present obligation by the entity to its shareholders.

5 0
2 years ago
Carol's car was hit while it was parked. Carol calls A-1 Towing, tells the dispatcher the car needs to be towed, and gives her l
Tom [10]

Answer:

3) owes the company for towing her car under an implied contract

Explanation:

An implied contract is formed when both parties mutually agree to a contract without necessarily having a signed written contract. In this case, Carl called the towing company and requested the service, so she agreed to her car being towed and therefore must pay for the services.

8 0
3 years ago
Assume that the Charleston Inc. uses the indirect method to depict cash flows. Indicate where, if at all, an inventory increase
Marianna [84]

Answer:

Operating activities

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

So, it would be classified in the operating section of the cash flow statement

7 0
3 years ago
Stock R has a beta of 2.5, Stock S has a beta of 0.55, the required return on an average stock is 13%, and the risk-free rate of
avanturin [10]

Answer:

19.50%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For Stock R

= 3% + 2.5 × (13% - 3%)

= 3% + 2.5 × 10%

= 3% + 25%

= 28.00%

For Stock S

= 3% + 0.55 × (13% - 3%)

= 3% + 0.55 × 10%

= 3% + 5.5%

= 8.50%

The difference would be

= 28% - 8.5%

= 19.50%

3 0
3 years ago
dentify (by letter) each of the following characteristics as being an advantage, a disadvantage, or not applicable to the corpor
belka [17]

Answer:

1. Separate legal entity ⇒ ADVANTAGE

This is an advantage because it means that the owners are not liable for the actions of the company. If the company goes bankrupt for instance, they will not have to pay for it with their own finances.

2. Taxable entity resulting in additional taxes ⇒ DISADVANTAGE

Anything that results in corporations having to pay more taxes is disadvantageous from their point of view.

3. Continuous life ⇒ ADVANTAGE

This is an advantage because it makes accounting for the company easier as well as giving investors more stability in their planning.

4. Unlimited liability of owners ⇒ NOT APPICABLE.

This is not applicable to Corporate ownership but rather to sole proprietorship.

5. Government regulation ⇒ BOTH ADVANTAGE AND DISADVANTAGE

This can be both an advantage and a disadvantage. On the one hand, it can lead to the industry functioning effectively but on the other hand, it could stifle growth with restrictive policies.

6. Separation of ownership and management ⇒ DISADVANTAGE

This is a disadvantage because it gives rise to the Agency problem where management might try to act in their own best interests instead of that of the owners.

7. Ability to acquire capital ⇒ ADVANTAGE

Corporations are better able to acquire capital which is good because it means that they will be able to invest and embark on more projects.

8. Ease of transfer of ownership ⇒ ADVANTAGE

Owners of corporations especially the public ones, are able to transfer ownership quite easily to others through the sale of shares.

6 0
2 years ago
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