Answer:
The CPI for the given year is 123.
Explanation:
Consumer price index (CPI)
In the base year, the typical family bought 4 loaves of bread at $2 per loaf and 2 bottles of wine for $ 9 per bottle.
Cost at base year =$[(4×2)+(2×9)]
=$26
In a given year, bread cost $3 per loaf and wine cost $10 per bottle.
Cost at given year =$[(4×3)+(2×10)]
=$32
The CPI for the given year is
≈123
Answer:
1. Dr Stock dividends $60 million
Cr Common stock $60 million
2. $1
Explanation:
Preparation of the journal entry that summarizes the declaration and distribution of the stock split
Journal Entries for Siewert Inc
(In millions)
1. Based on the information given we were told that On June 13, the board of directors of the company declared a 2-for-1 stock split on its 60 million which means that the Journal entry will be recorded as :
Dr Stock dividends $60 million
Cr Common stock $60 million
(To record issue of stock dividend)
2. The Par value per share after split =$1 reason been that split are often in form of stock dividend.
Answer:
Current liabilities: Accounts payable$130,000
Sales tax payable 8,800
Warranty Payable 4,000
Interest payable 667
Notes payable 50,000
Total current liabilities$193,467
Explanation:
Answer and Explanation:
Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.
Answer:
The answer is below
Explanation:
According to Article 17 of the Texas Constitution which is otherwise known as "Mode of Amending the Constitution of This State"
The first step in amending the Texas Constitution is that the Texas State Legislature must make a proposition of the amendment in a joint resolution, involving both the Texas State Senate and the Texas House of Representatives. This joint resolution, however, can emerge in either the House or the Senate.
