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gogolik [260]
4 years ago
5

Ester is a lighting technician who hires out on a per-project basis to film and television production companies, as well as thea

tres and other venues that stage dramatic and musical performances. In this capacity, Ester is:
a. an agent.
b. an employee.
c. an independent contractor.
d. a principal.
Business
1 answer:
Firlakuza [10]4 years ago
3 0
He’s an agent...........
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A deleted file or folder is not permanently deleted from a computer until which event occurs? The computer is restarted. The Rec
MatroZZZ [7]
It's when the Recycle Bin or Trash is emptied :3
7 0
4 years ago
In applying LCM, market cannot be:
marissa [1.9K]

Answer: A. Less than net realizable value minus a normal profit margin.

Explanation:

LCM stands for lower of cost or market. According to certain accounting principles which you follow, the rule states that you must identify your inventory amount either lower of its replacement cost or its historical cost (cost at the time of purchase).

Therefore, Lower of cost cannot be less than net realizable value which is the NRV which takes into account impairments (loss to the inventory due to being idle) minus a normal profit margin.

7 0
3 years ago
Cooke Corporation sells 400 shares of common stock being held as a short-term investment. The shares were acquired six months ag
Tems11 [23]

Answer:

Dr Cash 16,000

Dr Loss on Sale of Stock investment 6,000

Cr Stock Investments 22,000

Explanation:

Preparation of the Journal entry to record the sale

Based on the information given we were told that the Corporation sells shares of 400 common stock which is being held as a short-term investment in which the shares were been acquired 6 months ago at the amount of $55 per share which means that if Cooke sold the shares for the cost of $40 per share. The entry to record the sale will be :

Dr Cash 16,000

(400*40 shares)

Dr Loss on Sale of Stock investment 6,000

(22,000-16,000)

Cr Stock Investments 22,000

(400*55 shares)

(Being to record sales)

4 0
3 years ago
Protec Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is
taurus [48]

Answer:

The correct answer is 8.23%.

Explanation:

According to the scenario, the computation can be done as:

WACC of debt = Respective costs of debt× Respective weight of debt

= (0.4 × 5)

= 2

WACC of preferred = Respective costs of preferred × Respective weight of preferred

= (0.15 × 7)

= 1.05

WACC of common equity = Respective costs of common equity × Respective weight of retained earning

= (0.45 × 11.5)

= 5.175

So, Total WACC = WACC of debt + WACC of preferred + WACC of common equity

= 2 + 1.05 + 5.175

= 8.225 or 8.23 (approx.)

3 0
3 years ago
Today, almost every sales rep can immediately check the company's inventory and production schedule electronically. This allows
Shalnov [3]

Answer:

D. greater ability to obtain information is the correct answer.

Explanation:

5 0
3 years ago
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