Answer:
2
Explanation:
Based on the information given the gap in the data is 2 reason been that if 0 has 3 dots, 1 has 1 dot, 3 has 4 dots, 4 has 7 dots and 5 has 6 dots while 2 has 0 dots which means that 0,1,3,4 and 5 all have dots excepts 2 which has 0 dots which simply indicate that the lack of dots that 2 has led to the gap or interval in the data which inturn means that the gap in the data can be found on 2 due to 0 dots or lack of dots.
Therefore the gap in the data is 2.
Answer: $66.67
Explanation:
The value of a Preferred Stock is calculated with the following formula,
Value of the preferred stock = Annual Dividend/rate of return
The Annual Dividend is 8% of the face value so,
= 0.08 * $100
= $8
Therefore the Value of the Stock is,
= 8/0.12
= $66.67
Answer:
Corrected Entry
Depreciation Expense$5,500 Dr
Income Summary $5,500 Dr
Accumulated Depreciation – Equipment $11,000 Cr
Explanation:
Entry Posted
Accumulated Depreciation – Equipment $5,500 Dr
Income Summary $5,500 Cr
Required Entry
Depreciation Expense$5,500 Dr
Accumulated Depreciation – Equipment $5,500 Cr
Corrected Entry
Depreciation Expense$5,500 Dr
Income Summary $5,500 Dr
Accumulated Depreciation – Equipment $11,000 Cr
This entry is made to correct the actual entry done. In this entry the depreciation expense is debited and accumulated Depreciation is credited with twice the original value to counter effect the wrong entry . Also income summary is debited with the amount wrongly credited.
Profit-oriented approaches to setting a price to a good are those concerns or strategies that are used in order to determine what the price of a good would be.
There are three types of Profit-oriented pricing approaches and they include:
- <u>Target profit </u>
- <u>Target return-on-sales</u>
- <u>Target return-on-investment pricing.</u>
These are all used to create a balance to the profits made and the cost of a product. However, the return on sales is good because it makes predictions about demand for the product and makes a suitable pricing for the product.
Please note that your question is incomplete and i gave you a general overview which should help you get the correct answer.
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Answer:
D. is reduced to $5 per share
Explanation:
Please see attachment.