1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yakvenalex [24]
3 years ago
14

During the past month, pinnacle corporation purchased a new delivery truck, sold an empty warehouse to another company, met with

an existing client to discuss possible extension of a sales contract, and paid its mortgage and utility bills. of these events, which would not be recorded in pinnacle's accounting records?
Business
1 answer:
horsena [70]3 years ago
4 0

Answer:

met with an existing client to discuss possible extension of a sales contract

Explanation:

The event above would not be recorded in pinnacle's accounting records due to the fact that it was just a conversation and not registered or recorded somehow.

You might be interested in
When Heinz introduced EZ Squirt packaging and new colors such as Blastin' Green and Awesome Orange to revitalize consumer buying
Umnica [9.8K]

When Heinz introduced EZ Squirt packaging and new colors such as Blastin' Green and Awesome Orange to revitalize consumer buying, the company was modifying the distribution.

Heinz has launched a color ketchup product for toddlers called EZ Squirt. The product was available in compressible containers and was eventually discontinued by him in 2006.

After six years of creatively decorating food, the novelty wore off and a young fan of the whimsical Heinz grew tired of tattooing hot dogs with his tribal tattoos. The company has discontinued the EZ Squirt color due to declining sales.

Squeeze Bottles became so popular that Heinz eventually stopped making glass bottles, until 2011 when he released a limited edition bottle with his original label.

Learn more about distribution here: brainly.com/question/12892403

#SPJ4

6 0
8 months ago
Working as an elevator operator used to be a common job in the workforce four decades ago, but today few jobs remain. The unempl
Thepotemich [5.8K]
<h3>The unemployment created by introduction of automatic elevators would be considered as structural </h3>

Explanation:

Structural unemployment is a longer-lasting type of unemployment that is induced by structural economic changes and aggravated by external influences like technology, rivalry, and government policy.

Structural unemployment will last for decades and typically needs to reverse a dramatic shift. Technology continues to intensify systemic unemployment, marginalize certain workers and make certain occupations redundant, such as manufacturing. Structural unemployment can be long-term and difficult to address as it needs either displacement or retraining.

3 0
2 years ago
Herr Corporation has 3,000 shares of 8%, $120 par value preferred stock outstanding at December 31, 2017. At December 31, 2017,
Sliva [168]

Answer:

1. $28,800

$103,200

2. $28,800

$103,200

3. $86,400

$45,600

Explanation:

1. The dividend paid to preferred stockholders = Shares × Par value × Percentage

= 3,000 shares × $120 × 8%

= $28,800

The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders

= $132,000 - $28,800

= $103,200

2. The dividend paid to preferred stockholders = Shares × Par value × Percentage

Note :- Because preferred stocks are non-cumulative in nature, the company is not allowed to pay last two years' dividends and preferred stocks are liable for payment only for the current year.

= 3,000 shares × $120 × 8%

= $28,800

The dividend paid to Common stockholders =  Cash dividend - Dividend paid to preferred stockholders

= $132,000 - $28,800

= $103,200

3. The dividend paid to preferred stockholders = Shares × Par value × Percentage × Number of years

Note: Since preferred stocks are cumulative in nature, the company is forced to pay last two years' dividends along with the current year's dividend.

= 3,000 shares × $120 × 8 % × 3 years

= $86,400

The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders

= $132,000 - $86,400

= $45,600

4 0
3 years ago
In a college-level course, Mrs. Smith gives the lectures, sets the due dates, and is the expert on the material. Mr. Doe helps g
andre [41]

The Code of Hammurabi was one of the earliest and most complete written legal codes, proclaimed by the Babylonian king Hammurabi, who reigned from 1792 to 1750 B.C. Hammurabi expanded the city-state of Babylon along the Euphrates River to unite all of southern Mesopotamia. The Hammurabi code of laws, a collection of 282 rules, established standards for commercial interactions and set fines and punishments to meet the requirements of justice. Hammurabi’s Code was carved onto a massive, finger-shaped black stone stele (pillar) that was looted by invaders and finally rediscovered in 1901.

5 0
2 years ago
You have the following data on The Home Depot, Inc. Market value of long-term debt: $20,888 million Market value of common stock
Phantasy [73]

Answer:

Expected rate of return on equity under the new capital structure is 9.75 %

Explanation:

given data

Market value of long-term debt =  $20,888 million

Market value of common stock =  $171,138 million

Beta =  1.04

Yield to maturity at 10 year t = 2.167%

Expected return on equity = 8.895%

Marginal tax rate t =  35%

solution

we get here cost of unlevered equity  by the cost of levered equity formula that is  

cost of levered equity  = rSU + (rSU-rD) ×  (1-t) × (D÷S)    .................1

here rSL is cost of levered equity and  rSU is cost of unlevered equity and rD is before tax cost of debt and D is  value of debt and S is value of equity.

put here value and we will get  

8.895% = rSU + (rSU-2.167%) ×  (1-35%) × (20,888÷171,138)

solve it we get

rSU = 0.084005

cost of unlevered equity  = 8.40 %

and

cost of levered equity for new capital structure will be

put here value in equation 1

cost of levered equity  = 8.40 + (8.40-2.376%) × (1-35%) × ( 20 ÷ 80 )

cost of levered equity = 9.75 %

5 0
3 years ago
Other questions:
  • Marx Supply uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journali
    11·1 answer
  • Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when Chris, a kid from down the stree
    9·1 answer
  • Emma, the marketing manager, is constantly seeking information about her competition while looking online or speaking to people.
    6·1 answer
  • Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, and had an ending sha
    15·1 answer
  • Which of the following would not be characteristic of a chain restaurant?
    10·2 answers
  • Identify the tasks performed by workers in a Production career? Choose all that apply. cleaning and maithaining equipment and to
    5·2 answers
  • Peter Metcalf founded Black Diamond which creates, produces, and sells outdoor equipment. This is an example of
    13·1 answer
  • Air Atlantic has leased out a 3-year old jet under a 10-year arrangement. The lease requires the lessee to pay Air Atlantic annu
    6·1 answer
  • An individual forgot to delegate a certain task to one of her team members. Each person on the team was supposed to create a Pow
    15·1 answer
  • ARMs help lenders combat unanticipated inflation changes, interest rate changes, and a maturity gap.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!