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Vilka [71]
3 years ago
7

From the following list of steps in the accounting cycle, identify what two steps are missing:

Business
1 answer:
katrin2010 [14]3 years ago
4 0

Answer:

d. Adjustment data are assembled and analyzed.

h. Closing entries are journalized and posted to the ledger.

Explanation:

The fourth step is missing which is to adjust the data. After the unadjusted trial balance is prepared, if the debit side and the credit side do not match, the data will need to be adjusted and that is what this step is for.

The penultimate step is also missing being the journalizing of the closing entries and posting them to the ledger. This is done to close out the accounts for the year and bring all accounts except permanent ones to zero.

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An analyst gathers the following information about Meyer, Inc.: Meyer has 1,000 shares of 8% cumulative preferred stock outstand
TiliK225 [7]

Answer and Explanation:

The computation is shown below

a. Total book value is

= Equity par value + retained earnings + net income

= 20,000 shares × $20 + $5,000,000 + $70,000

= $5,470,000

b. The book value per share is

= Equity book value ÷ number of shares

= $5,470,000 ÷ 20,000shares

= $273.50

Hence, the total book value and book value per share is $5,470,000 and $273.50 respectively

5 0
2 years ago
Calculate percent change if the original value of your stock was $25 and the new value of your stock $30
crimeas [40]

Answer:

Percentage Change | Increase and Decrease

First: work out the difference (increase) between the two numbers you are comparing.

Increase = New Number - Original Number.

Then: divide the increase by the original number and multiply the answer by 100.

% increase = Increase ÷ Original Number × 100.

Explanation:

thats how you find out how to calculate percentage change in value

hope it helps

6 0
2 years ago
Read 2 more answers
How to get free products
mote1985 [20]
If there is something wrong with the product, or if there is something in it i.e bugs
3 0
3 years ago
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What would sell more (both stores are just now opening.): a "in-trend" jewelry store or a Simplistic lip gloss shop?
Gnoma [55]

Answer:

The lip gloss shop

Explanation:

Because a trend last for a short amount of time meaning you have to restock on so many new products all the time wasting more and more money, as to the lip glosses all colors can be sold or always be in style.

5 0
3 years ago
A random sample of 30 lunch orders at noodles and company showed a mean bill of $10.36 with a standard deviation of $5.31. find
Paladinen [302]

The formula for calculating the Confidence Interval is as follows:

Confidence Interval = x +- (z*s)/√N

Where:

x = mean = 10.36

z = taken from standard normal distribution table based on 95% confidence level = 1.96

s = standard deviation = 5.31

N = sample size = 30

Substituting know values on the equation:

Confidence Interval = 10.36 +- ( 1.96 * 5.31) / √30

Confidence Interval = 8.46 and 12.26

Hence the bill of lunch orders ranges from 8.46 to 12.26.

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4 0
3 years ago
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