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3 years ago

A tract of land used for raising crops or livestock is called

1 answer:

4 0

There are several words that you can use to refer to a tract of land used for raising crops or livestock, and here are some of them - farm or a field.
Usually farms are locations where people plant seeds of many vegetables, fruits, and other plants, as well as keep their farm animals which are domesticated and used for food.

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On January 2, 2018, Baltimore Company purchased 14,000 shares of the stock of Towson Company at $13 per share. Baltimore obtaine

Norma-Jean [14]

Answer:

$315,600

Explanation:

Ownership = 40%

Investment = $182,000

Share of dividends = 40%*21,000 =8400

Share of income = 40%*75000 = 30000

Increase in share price = $21-$13= $8

investment

Dr Cr

Investment $182,000

Dividend received $8400

Income received $30,000

Increase in share price $112,000

324,000 315,600

5 0

3 years ago

How would the issuance of common stock for cash affect the accounting equation?

shepuryov [24]

Answer:

Explanation:

The journal entry to record the given transaction is shown below:

Cash A/c Dr XXXXX

To Common stock A/c XXXXX

(Being the issuance of the common stock is recorded)

The accounting equation is

Total Assets = Total liabilities + Stockholder equity

Cash Increased = No effect + Increased

Therefore, the cash account and the common stock is increased.

3 0

3 years ago

You have set a par value of 25 chicken cutlets. Your inventory says you have 10 on hand from last night. How many should you ord

alina1380 [7]

15? since you have 10 left on hand after last night's inventory check you should get 15 if you don't know the rate at which each are sold.

3 0

3 years ago

Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Tom [10]

Answer:

$76,260

Explanation:

Calculation to determine the total period cost for the month under variable costing

Using this formula

Total Period cost = Variable selling and administrative cost + Fixed manufacturing overhead + Fixed selling and administrative cost

Let plug in the formula

Total Period cost = ($14 × 1,760) + $18,180 + $33,440

Total Period cost =$24,640+$18,180 + $33,440

Total Period cost =$76,260

Therefore the total period cost for the month under variable costing is $76,260

8 0

3 years ago

Suppose an unlevered firm issues $1000 in debt at a cost of debt of 10%. If the corporate tax rate is 20%, what is the change in

Strike441 [17]

Suppose an unlevered firm issues $1000 in debt at a cost of debt of 10%. If the corporate tax rate is 20%, $200 t is the change in the firm's value.

Due to the issue of the corporate tax rate is entitled to Interest Tax Shield assuming Debt issued by the firm is perpetual and ignoring financial distress costs

Change in Value of firm

=Net Effect of Debt Financing

=Present Value of Interest Tax Shield (financial distress costs ignored)

= DebtValue * Cost of Debt * Tax Rate Interest Rate

= $1,000 * 10% * 20% 10%

=$200,

corporate tax rate, also known as corporate income tax or corporate tax, is a direct tax levied on the income or capital of a corporation or similar corporation. Many countries impose such taxes at the national level, and similar taxes may be levied at the state or local level.

Learn more about tax rate here: brainly.com/question/25791968

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3 0

2 years ago