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3 years ago

What measures the change in prices of a basket of goods and services in a given year?

Business

2 answers:

marshall27 [118]3 years ago

5 0

Inflation or Deflation, the economics concept is greatly simplified here but that is the word they are looking for.

Ilia_Sergeevich [38]3 years ago

5 0

Answer:

The answer is Inflation

Explanation:

Plato

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On April 1, 9,000 shares of $7 par common stock were issued at $26, and on April 7, 5,000 shares of $70 par preferred stock were

Mariana [72]

Answer:

Apr 1

DR Cash $234,000

CR Common stock $63,000

CR Paid in capital in excess of par - Common Stock $171,000

<em>(To record issuance of common stock)</em>

Apr 7

DR Cash $540,000

CR Preferred stock $350,000

CR Paid in capital in excess of par - Preferred Stock $190,000

<em>(To record issuance of preferred stock)</em>

Explanation:

April 1

Cash

9,000 * 26 = $234,000

Common stock

9,000*7 = $63,000

April 7

Cash

5,000*108 = $540,000

Preferred stock

5,000*70 = $350,000

7 0

3 years ago

Return on Common Stockholders' Equity

attashe74 [19]

Answer:

Explanation:

Return on common stockholders' equity for 2015:

(Net income - preferred stock)/Equity

(63,000-5,400)/2,400,000 = 57,600/2,400,000 = 2.4%

Return on common stockholders' equity for 2015:

(99,000-5,400)/3,000,000 = 93,600/3,000,000 = 3.12%

From these calculations, it is clear that return has improved.

8 0

3 years ago

On May 1, 2017, Pronghorn Company issued 2,500 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shor

dybincka [34]

Answer:

a. Prepare the entry to record the issuance of the bonds and warrants

May 1, 2017, bonds issuance

Dr Cash 2,550,000

Dr Discount on bonds payable 25,000

Cr Bonds payable 2,500,000

Cr Additional paid in capital - stock warrants 75,000

b. Assume the same facts as part (a), except that the warrants had a fair value of $30. Prepare the entry to record the issuance of the bonds and warrants.

May 1, 2017, bonds issuance

Dr Cash 2,550,000

Cr Bonds payable 2,500,000

Cr Premium on bonds payable 20,000

Cr Additional paid in capital - stock warrants 30,000

Detachable warrants must be recorded separately than the bonds. They must be recorded as APIC stock warrants.

4 0

3 years ago

Suppose that you are a DBA. What data dimensions would you describe to top-level managers to obtain their support for data admin

alexandr402 [8]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

As a database administrator, the data dimensions I would describe to top-level managers to obtain their support for data administration would be these.

First of all, the imperious necessity of protecting the information of the company and the clients'. Security comes first. Then the technological aspects to have modern equipment and software to facilitate the operations in the company. System DBA's are necessary to have applications that serve to merge old information into new databases without affecting the actual data. Then to have a proper cluster in which the company can manage different procedures such as finances, accounting, field operations, and more, knowing that data is properly stored and easily accessible.

3 0

3 years ago

Jack and Jill are married and have no dependent children. They are both over 65 and Jill is blind. Their gross income is $45,000

yan [13]

Answer:

They are exempt from paying tax

Explanation:

Taxable income is the amount of an individual's gross income that the government deems subject to taxes.

However, because they are aged (above 65), and their taxable income -which should be $32000 after deductions - is less than the percentage tax relief,they are exempted from paying tax for that particular year.

8 0

3 years ago