The par value of an inventory is the fee in line with proportion assigned by way of the enterprise that problems it, regularly set at a totally low amount which includes 1 cent. Stocks are issued without a particular minimum price. Neither form has something to do with the real price of marketplace proportion.
Shares include stocks wherein the possession of a organisation or business has been divided. One share represents a partial ownership interest in the organisation over the total variety of shares.
A stock is a shape of safety that represents the holder's proportional hobby within the issuing employer and is typically bought on a inventory exchange.
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Answer:
The Current price of stock $35.20
Explanation:
The computation of the current share price is shown below:
Particulars Dividend PVF at 14% Present value
D1 $ 7.50 0.877 $6.58
D2 $8.25 0.769 $6.35
D3 $15.00 0.675 $10.12
D4 $1.80 0.592 $1.07
D5 $1.87
P4 $18.72 0.592 $11.08
1.87 ÷ (14% - 4%)
Current price of stock $35.20
Answer:
to explain any difference between the depositor’s balance per books with the balance per bank
Explanation:
The goal of this process is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:
1. The process flow starts with the bank’s ending cash balance
2. Add any deposits made by the company to the bank that are in transit
3. Deduct any cheques that are uncleared by he bank
4. Add or deduct any other items available as necessary
5. In the company bank records, once again start with the ending balance
6. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.
7. Add interests earned
At the end of this process, it is likely that both accounts would be equal and tally.
Answer:
Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will last. Consequently, it will end: <u>whenever Eduardo, Larson or both of them decide to end it. </u>
From the list below, which is NOT an ordinary right of partners in a general partnership?
- management
- <u>dividends</u>
- representation
- joint ownership
Partnerships do not distribute dividends, only corporations distribute dividends. Partners are pass-through entities, that means that they are not taxed, the partners are taxed.
