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OLEGan [10]
3 years ago
6

Ross Island Co. issues 10,000 shares of no-par value preferred stock for cash at $120 per share. The journal entry to record the

transaction will consist of a debit to Cash for $1,200,000 and a credit (or credits) to:
Business
1 answer:
OverLord2011 [107]3 years ago
3 0

Answer:

Please see answer below

Explanation:

The journal entry to record the issuance of 10,000 shares of no-par value preferred stock for cash at $120 per shares has a debit to cash and a credit to preferred stock for $1,200,000 ( 10,000 shares × issue price of $120 per share )

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I found this data from Table 7.3
<span> <span> </span><span><span> Labor Input Output
</span> <span> 0                          0
</span> <span> 1                          40
</span> <span> 2                          70
</span> <span> 3                          90
</span> <span> 4                       100
</span> <span> 5                       105
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Labor Cost = Labor Input x 30
Output Sales = Output x 6
Revenue = Sales - Cost

</span></span></span><span> <span> </span><span><span> Labor cost        Output Sales
</span> <span> 0                                    0
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</span> <span> 60                                 420
</span> <span> 90                                 540
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</span></span></span><span> <span> </span><span><span> Labor Input     Output      Labor cost    Output Sales <span>   Revenue</span>
</span> <span> 0                         0                 0                      0                        0
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</span> <span> 3                        90               90                    540                   450
</span> <span> 4                     100             120                    600                   480
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Lesser cost to the company at a maximum revenue. </span></span></span>
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The Phoenix Suns decide to increase their ticket prices for next season. We might expect revenue will rise due to the higher pri
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We might expect revenue will rise given that Phoenix is a large city.

<h3>What is a revenue?</h3>

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Therefore, the Option B is correct.

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Amy and mike are going to an amusement park. they each bought ice cream, and mike got a soda. amy. y had a $10 coupon to put tow
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We have that

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Answer: 1/1.8

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Since 100 cents = 1 dollar, 180 cents = 1.8 dollars. Therefore, fraction should be used to compute the indirect quotation of the exchange rate expressed in British pounds will be:

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3 years ago
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