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jeka57 [31]
3 years ago
11

If Sara just reconciled her checking account, what did she do?

Business
1 answer:
hoa [83]3 years ago
3 0
"In accounting, reconcile means to compare two sets of records to make sure they are in agreement"

She compared two sets of records for example checking and finance to make sure it's in agreement
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Crawl Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock out
Maslowich

Answer:

total dividends distributed to common stock $6,000

dividends per common stock $0.12

Explanation:

preferred stock dividends = 1,000 x 6% x $50 = $3,000

since they are cumulative, if the dividends are not paid during one year, they must be paid in the next periods

the distribution of the $10,000 in dividends in 2018:

  • preferred dividends = $1,000 + $3,000 = $4,000
  • common stock dividends = $6,000

dividends per common stock = $6,000 / 50,000 = $0.12

5 0
2 years ago
3.
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Answer:

a

Explanation:

moving is portable

5 0
2 years ago
Patsy Banz owns 220 shares of General Mills Corporation. For the last calendar quarter, General Mills Corporation paid $0.47 a s
Nina [5.8K]

Answer:

The aggregate amount received for the quarter amounts to $103.4

Explanation:

The computation of aggregate amount received for the quarter is as follows:

Aggregate amount received for the quarter = Number of Shares owned × Price Paid per share

where

Number of Shares owned is 220 shares

Price paid per share is $0.47 per share

Putting the values above:

= 220 × $0.47

= $103.4

5 0
3 years ago
1
nata0808 [166]

Answer:

The question is not comprehensive.

Explanation:

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8 0
3 years ago
A perpetuity will pay $300 per year, starting five years after the perpetuity is purchased. is purchased. What is the present va
Maru [420]

Answer:

present value of perpetuity = $29615.93

Explanation:

given data

pay = $300 per year

interest rate = 3%

solution

we get here present value payment after 5 year is

present value = \frac{future\ value}{1+ discount\ rate } ...........1

present value = \frac{1000}{(1+0.03)^5}

present value = $862.60

and

now we get present value on purchase date

present value = \frac{payment}{interest\ rate}   ......2

present value = \frac{862.60}{0.03}

present value = $28753.33

and

present value of perpetuity is

present value of perpetuity =  $862.60 + $28753.33

present value of perpetuity = $29615.93

5 0
3 years ago
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