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vladimir1956 [14]
3 years ago
10

Gina writes and signs a check payable to "Happy Market." Irma, Happy’s manager, indorses the check "For deposit only." This is

Business
1 answer:
Pachacha [2.7K]3 years ago
4 0

Answer:

c.a restrictive indorsement.

Explanation:

-Blank endorsement refers to an instrument that allows any holder to request the payment.

-Qualified endorsement refers to a signature in an instrument that transfers the amount to other person.

-Restrictive endorsement puts a limit on an instrument like the sentence "For deposit only."

-Special endorsement enables to make a check payable to someone else.

According to this, the answer is that this is a restrictive endorsement.

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Similarly, issuing dividends and paying expenses pays cash out of the company, which decreases assets without changing liabilities. Therefore equity must decrease.

Another way to think of it is: what contributes to the company's profit and/or value, and what decreases these things? Well, revenues and people investing in the company are good (and therefore good for stockholders), and giving cash out and paying expenses are costs to the company (and therefore decrease value for stockholders).
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When responding to behavioral interview questions, you should briefly explain the situation and describe the problem or task, yo
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Answer:

The correct answer is the first option: True.

Explanation:

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3 years ago
Independent auditing can best be described as:________. A. A regulatory function that prevents the issuance of improper financia
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Answer:

C. A discipline that enhances the degree of confidence that users can place in financial statements.

Explanation:

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Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $300,000 in 2017. The weighted averag
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a. 10 times

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Therefore for computing the price earning per share we simply applied the above formula.

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