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KIM [24]
3 years ago
13

Write a journal entry about your imagined investment. Answer the following questions as you write.

Business
1 answer:
just olya [345]3 years ago
3 0

Answer:

Common Stock $80,000 (debit)

Cash. $80,000 (credit)

Shares of an American Airline AAL

Explanation:

Imagined buying AAL shares

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Answer: 2%

Explanation:

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= 5% + (-0.3) (15% - 5%)

= 5% - 3%

= 2%

7 0
3 years ago
Selected transactions for Front Room, an interior decorator corporation, in its first month of business, are as follows.
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Answer:

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6 . Debit Asset , Bank , Increase , normal balance is Debit balance . Credit Asset , Accounts receivable , Decrease , Normal balance is Debit balance .

7 . Debit Liability, Accounts payable, decrease, normal  is balance credit balance . Credit Asset, Bank, Decrease, normal balance is Debit balance .

8 . Debit Equity , Dividends Paid , decrease , normal balance is credit balance .

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6 0
4 years ago
As part of the initial investment, ray blake contributes equipment that had originally cost $125,000 and on which accumulated de
Zielflug [23.3K]
Given:
Original cost of contributed equipment : 125,000

Accumulated depreciation of contributed : 100,000

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When a channel is exclusive: Group of answer choices A.the firm sells and distributes only high-end products the firm's products
Tanzania [10]

Answer:

A and C

The firm sells and distributes only high-end products

&

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4 years ago
You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000
zloy xaker [14]

Answer:

A

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In this case the rate that allows you to bring annual disbursements to a single value is the IRR (internal return), in this case 22.64%

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