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ZanzabumX [31]
3 years ago
13

True or false. Convertible preferred stock may be exchanged, at the corporation's option, for a specified number of shares of co

mmon stock.
Business
2 answers:
Lilit [14]3 years ago
7 0

Answer:

true

Explanation:

jeyben [28]3 years ago
3 0
The right answer for the question that is being asked and shown above is that: "TRUE." <span>Convertible preferred stock may be exchanged, at the corporation's option, for a specified number of shares of common stock. This is true as far as the convertible preferred stock is concerned.</span>
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Which of the following would most likely suffer the least from the costs of​ inflation?
Arturiano [62]

Answer:

B. Persons on fixed incomes.

Explanation:

Inflation is a general increase in prices and fall in the purchasing value of money, therefore, a person with a fixed income will not be affected.

8 0
3 years ago
Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo
Sergeeva-Olga [200]

Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.  

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The journal entries are shown below:

a. No journal entry required

b. Miscellaneous expense A/c Dr $16

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(Being service charges is paid)

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d. No journal entry required

The preparation of the  bank reconciliation statement is presented in the spreadsheet. Kindly find the attachment below:  

8 0
3 years ago
Mia Lane bought a high-definition television for $7,500. Based on her income, she could afford to pay back only $600 per month.
lina2011 [118]

Answer:

$ 7,012.50

Explanation:

Please see attachment

6 0
3 years ago
What is a project managers biggest responsibility
Y_Kistochka [10]
<span>The project manager's role in a nutshell, is the overall responsibility for the successful planning, execution, monitoring, control and closure of a project.</span>
6 0
3 years ago
Read 2 more answers
Once a customer has committed to a partnership, less work is needed to maintain the relationship.
alex41 [277]
The answer to the given statement above is false, it is because even if a person has entered a partnership, it does not mean less work and effort should be done to maintain the relationship because having no effort in maintaining this relationship could only cause the bond to diminish and destroy. It is best to have an equal amount of work done in order to maintain a relationship with the partner.
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2 years ago
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