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lukranit [14]
3 years ago
7

Suppose Sean would like to invest $6,000 of his savings. One way of investing is to purchase stock or bonds from a private compa

ny. Suppose TouchTech, a hand-held computing firm, is selling stocks to raise money for a new lab-a practice known as _____ (Debt/Equity) finance. Buying a share of TouchTech stock would give Sean _________ (an IOU or promise to payfrom/a claim to partial ownership in) the firm. In the event that TouchTech runs into financial difficulty, ______ (the bondholders/sean and the other stockholders) will be paid first.
Suppose Sean decides to buy 100 shares of TouchTech stock. Which of the following statements are correct? Check all that apply.

TouchTech earns revenue when Sean purchases 100 shares, even if he purchases them from an existing shareholder.

An increase in the perceived profitability of TouchTech will likely cause the value of Sean's shares to rise.

The Dow Jones Industrial Average is an example of a stock exchange where he can purchase TouchTech stock.

Alternatively, Sean could invest by purchasing bonds issued by the U.S. government. Assuming that everything else is equal, a corporate bond issued by an electronics manufacturer most likely pays a ______ (higher/lower) interest rate than a municipal bond issued by a state.
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
3 0

Answer:if im being honest you have to eqplain what math is it is it geomatry  calc or what is it

Explanation:

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Tony and Suzie are ready to expand Great Adventures even further in 2022. Tony believes that many groups in the community (for e
eduard

Answer:

Great Adventures

a) Adjusting Entry for Uncollectible Accounts:

Date       General Journal              Debit        Credit

Jun. 30  Uncollectible Expense $2,320

              Allowance for Uncollectibles         $2,320

To provide 8% allowance for uncollectibles.

b) To accrue one month of interest on the note receivable:

Date        General Journal       Debit             Credit

Jun. 30   Interest Receivable  $40.83

              Interest on Notes                          $40.83

To accrue one month of interest.

c) GREAT ADVENTURES, INC.

Partial Balance Sheet  as at June 30, 2022

Assets

Current Assets:

Accounts Receivable                   $29,000

less allowance for uncollectibles    2,320

Net Accounts Receivable                             $26,680

Explanation:

a) Accounts Receivable

Date        Description                        Debit         Credit      Balance

Feb. 25   Kr. Kendall's Boys Scout   $4,000                       $4,000

Feb. 28   Cash                                                    $3,840            160

Feb. 28   Cash Discount                                          160               0

Mar. 19    Reynold                              5,000                          5,000

Mar. 27   Cash                                                     4,800            160

Mar. 27   Cash Discount                                       200                0

Apr. 7      Cash                                                     8,500      (8,500)

Apr. 14    Elks Lodge                         8,500                                 0

Apr. 30   Myers Manufacturing        7,000                          7,000

May 31    7% Note Receivable                            7,000               0

Jun. 15   MBA Groups                    29,000                       29,000

b) Allowance for uncollectibles = $29,000 x 8% = $2,320

c) Interest on Notes = ($7,000 x 7%)/12 = $40.83

3 0
3 years ago
1. Companies like Uber, Lyft (one of Uber’s main competitors), and Airbnb (an online marketplace that enables people to lease or
mart [117]

Answer:

Globalization has led to the influx of multinationals in many developing and under developed countries. With the advancement of technology this process has increased and influenced many industries.

Uber is providing convenience to its users to fill the gap between the service provider and service user through a platform

This platform has led to bridge the gap between the user and seller of service.

This convenience can be used not only in the transportation of consumer but can also be used in carrier pick ups. Delivery of foods and mails etc.

It can also be used across industries like in medical industry to provide emergency ambulances. Bridging the gap between medical assistance by providing medical services through apps connecting doctors and patients.

It is being used in freelancing industry as well. To provide a platform for provider of service and consumer.

However in entering into different industries the legal aspects are to be considered to avoid any backlash.

5 0
3 years ago
Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of
mrs_skeptik [129]

Answer:

Please see attached solution

Explanation:

a. Total manufacturing overhead costs allocated $356,400

b. Variable manufacturing overhead spending variance $40,500U

c. Fixed manufacturing overhead spending variance $17,600U

d. Variable manufacturing overhead efficiency variance $19,500F

e. Production volume variance $39,200F

Please find attached detailed solution to the above questions

5 0
3 years ago
Venus Corp. is a company that sells collectible plates. If you order one plate from the company, you will receive multiple maili
KatRina [158]

Direct marketing element is used in this case.

<u>Explanation:</u>

Direct marketing in one of promotional methods of marketing that not only involves the description of product and company but also targets the customers. Through this method, the products are sold directly to public and there is no involvement of any middleman. An offer is communicated to a pre-slected customer and is told about the product information and its features.

Thus, in the given case, the promotional method that is being used in direct marketing method.

7 0
3 years ago
A firm has 56 units of product X on hand. Forecasts of demand are for 20 units per week. An MPS quantity of 100 units is planned
jasenka [17]

Answer: 14

Explanation:

7 0
3 years ago
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