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bazaltina [42]
3 years ago
14

Dane is a stockholder in smallworld, inc., a c corporation that manufactures amusement park rides. the company recently lost a m

ajor court decision and will probably be forced into bankruptcy. in fact, the damages awarded are so great that, even if all company assets are sold and the proceeds are used to pay its debts, smallworld is likely to still owe money to its creditors. if smallworld goes bankrupt, dane and the other stockholders will:
Business
1 answer:
Georgia [21]3 years ago
7 0
Dane and the other stockholders will lose their investments but nothing else. Because Dane and others are stockholders in this company, they will lose the money that they had invested in the company and they will no longer receive any dividend from the company again because the company has gone bankrupt. Dane and others are not liable for other debts that had been acquired by the company. 
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E15-2 (Recording the Issuance of Common and Preferred Stock) Kathleen Battle Corporation was organized on January 1, 2014. It is
Mekhanik [1.2K]

Answer:

Explanation:

Jan 10 Issue of common stock for cash

Dr Cash 400,000 [80,000*5]

    Cr Common stock 80,000 [80,000*1]

    Cr Additional paid in capital - Common Stock [80,000*4] 320,000

Mar 1 Issue of preferred stock foor cash

Dr Cash 540,000 [5000*108]

     Cr Preferred stock [5000*1000] 500,000

     Cr Additional Paid in capital - Preferred stock 40,000

Apr 1 Issue of common stock for land

Dr Land 80,000

   Cr Common stock 24,000

   Cr Additional paid in capital - Common stock 56,000

May 1 Issue of common stock for cash

Dr Cash [80,000*7] 560,000

   Cr Common stock [80,000*1] 80,000

   Cr Additional paid in capital - Common stock 480,000

Aug 1

Dr Attorney 50,000

   Cr Common stock [1*10,000] 10,000

   Cr Additional paid in capital - Common stock 40,000

Sep 1  Issue of common stock for cash

Dr Cash [10,000*9] 90,000

   Cr Common stock [10,000*1] 10,000

   Cr Additional paid in capital - Common stock 80,000

Nov 1  Issue of preferred stock foor cash

Dr Cash 112,000 [1000*112]

     Cr Preferred stock [1000*100] 100,000

     Cr Additional Paid in capital - Preferred stock 12,000

4 0
3 years ago
nokia reportedly dismissed the original iphone with its large glass surface partly because it failed one of nokia's own ruggedne
blondinia [14]

The logical conclusion to draw from Nokia's experience in this regard is Nokia prioritized that attribute more highly than the market did. The correct option is d.

<h3>What is the logical conclusion?</h3>

A logical conclusion is a logical statement that is given by taking facts and ideas that are presented before the person. These conclusions are based on true facts and logical things that can happen.

Here, the company Nokia dismissed the original iPhone with its large glass surface, partly because it failed the testing.

Thus, the correct option is d. Nokia prioritized that attribute more highly than the market did.

To learn more about logical conclusion, refer to the link:

brainly.com/question/24658702

#SPJ4

The question is incomplete. Your most probably complete question is given below:

a. Five feet is too stringent; two or three feet would have been more reasonable.

b. The iPhone should have been stronger.

c. Consumers should have paid more attention to Nokia's high standards.

d. Nokia prioritized that attribute more highly than the market did.

e. Apple should have enforced stronger quality controls.

5 0
1 year ago
On July 1, 2020, Crocus obtained a $90 million construction loan with a 6% interest rate. The loan was outstanding through the e
enyata [817]

Answer:

$4.5

Explanation:

Interest to be capitalized=$90*6%*10/12=$4.5

As the loan was outstanding from January  to October 2021, therefore interest is worked out for 10 months.

Please note that interest of only those debt instruments are capitalized which have been obtained to finance any construction project under the specific interest method.

In our example $90 is the construction loan therefore only this loan's interest is capitalized.

3 0
3 years ago
The main elements of market structure are _____. perfect competition, monopolistic competition, monopoly, and oligopoly perfect
Bess [88]

Answer:

First one:

perfect competition, monopolistic competition, monopoly, and oligopoly

Explanation:

Hope this helps!!:)

6 0
2 years ago
The business structure you choose as a step for starting your new business affects the following?
pshichka [43]

Answer:

Define Yourself- Finding your Business Niche. Identify your interests and passions. Identify problems you can solve. Research your competition. ...

Test your idea.

Defining your Business – Branding. Identify your specific audience. Establish business processes.

<em><u>m</u></em><em><u>a</u></em><em><u>r</u></em><em><u>k</u></em><em><u> </u></em><em><u>m</u></em><em><u>e</u></em><em><u> </u></em><em><u>a</u></em><em><u>s</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em><em><u>b</u></em><em><u>r</u></em><em><u>a</u></em><em><u>i</u></em><em><u>n</u></em><em><u>l</u></em><em><u>i</u></em><em><u>s</u></em><em><u>t</u></em><em><u>.</u></em>

6 0
2 years ago
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