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3 years ago

11

A trial balance also provides a:

2 answers:

julia-pushkina [17]3 years ago

7 0

Answer:

Summary of the debits and credits made in the previous period

Gre4nikov [31]3 years ago

3 0

Answer:

summary of the transactions made since the end of the previous period

Explanation:

A trial Balance is an internal bookkeeping sheet that is used to list out all the ledger balances of the company within a period of business. it complies these ledger balances together by grouping them into debit and credit columns.

For a trial balance to be accurate the debit and credit column have to be equal i.e they have to balance out each other when computed in the trial balance. the trial balance worksheet is used and kept in the accounting department of the company.

The trial balance worksheet is used to cross check the the entries made into the general ledger of the company if they are correct mathematically before releasing the General ledger to the company.

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Villalpando Winery wants to raise $35 million from the sale of preferred stock. If the winery wants to sell one million shares

statuscvo [17]

Answer:

(a) $4.2

(b) $5.6

(c) $2.8

(d) $2.45

(e) $2.1

(f) $1.05

Explanation:

Given that,

Total amount of capital raised from the sale of preferred stock = $35 million

Number of shares = 1 million

Price per share = Total capital raised ÷ Number of shares

= $35 million ÷ 1 million

= $35 per share

(a) If a Expected rate of return = 12 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.12

= $4.2

(b) If a Expected rate of return = 16 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.16

= $5.6

(c) If a Expected rate of return = 8 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.08

= $2.8

(d) If a Expected rate of return = 7 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.07

= $2.45

(e) If a Expected rate of return = 6 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.06

= $2.1

(f) If a Expected rate of return = 3 percent

Annual dividend = Price per share × Expected Rate of return

= $35 per share × 0.03

= $1.05

8 0

3 years ago

Please select the industry-standard types of cameras. A)Point and shoot B)Camera Phone C)HDR D)Polaroid E)DSLR

Delicious77 [7]

Answer: Polaroid and HDR D

Explanation:

8 0

3 years ago

Read 2 more answers

At year-end, harris co. had shipped $12,500 of merchandise fob destination to harlow co. which company should include the $12,50

lara31 [8.8K]

Answer:

The answer is Harris Co, who should include the $12,500 of the merchandise in transit as part of its year-end inventory.

Explanation:

For this question, we must first need to understand the <u>FOB destination</u>.

<u>FOB destination:</u>

Selling term under which the ownership of goods sold and shipped remain with the seller - Harris Co.
This is until the goods arrive at the buyer's destination
Once the goods reached at buyer's receiving dock, the ownership is transferred to the buyer from the seller - In this case, buyer is Harlow Co

<u>Further explanation:</u>

In this case, Harris Co shipped $12,500 of merchandise FOB destination to Harlow Co. The ownership will remain with the company Harris Co (seller) that shipped the goods to Harlow Co (buyer), until they arrive at the buyer company Harlow Co's receiving dock.

8 0

3 years ago

Doc Xpress has an in-house staff of 35 employees who provide transcriptions of phone and video conferences for a range of client

siniylev [52]

Answer:

external threat

Explanation:

This decision was likely based on an external threat. Which in this scenario is the economy. Economy is considered as an external threat because it is not in the control of the company itself but still directly affects the everyday business operations of the company as well as it's profit and costs. All of this equates to how well the company performs, therefore in a situation where the economy poses a threat decisions need to be made such as the one in this scenario.

4 0

3 years ago

NerdHerd Electronics sells three different sizes of televisions at three different prices. In this case, the company's pricing s

Pavel [41]

Answer:

A) Product Line

Explanation:

Product line Strategy is a process whereby different set of related products are differentiated based on features and prices thereby setting products at different price levels in order to allow customer pick the product that most likely fit their needs and purchase power.

For example, Apple offers the iPhone XS and the iPhone XR as premium options. The iPhone 8 and iPhone 7 are then included as additional options. They are all the same product that is Apple product but at varying prices and features.

3 0

3 years ago