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3 years ago

A company has the following transactions during the year related to stockholders’ equity.

Business

1 answer:

Ivanshal [37]3 years ago

5 0

Answer:

Journal entries are given below

Explanation:

February 1

(Issues 5,000 shares of no-par common stock for $15 per share)

DEBIT CREDIT

Cash(5000 x $15) $75,000

Common stock $75,000

May 15

(Issues 500 shares of $10 par value, 7.5% preferred stock for $12 per share)

DEBIT CREDIT

Cash (500x$12) $6,000

Preferred stock (500x$10) $5,000

Additional paid in capital $1,000

October 1

Declares a cash dividend of $0.75 per share

DEBIT CREDIT

Retained Earnings (5500x$0.75) $4,125

Dividend Payable $4,125

October 15 Date of Record

No Entry Required

October 31 Pays the cash dividend

DEBIT CREDIT

Dividend Payable $4,125

Cash $4,125

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Answer:

artificial light

Explanation:

Most stores, no matter the type of the merchandise they sell, use artificial light. Although natural light (sun) is always present, it is not enough to cater to the lighting needs of a business.

They need to showcase their goods in the best manner possible. Due to common building constraints, natural light is never enough, as some corners of the shop will remain shaded.

Businesses use LED or other sorts of artificial lighting in order to make the shopping experience pleasant.

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3 years ago

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F 1What is the yield to maturity on a 10-year, 9% annual coupon, $1,000 par value bond that sells for $887.00? That sells for $1

Llana [10]

Answer:

When the bond is sale at premium, it means the market rate is lower than coupon rate. So investor purchase the bond a higher price until the bond yield equal the market rate

If sold at discount, the market rate is higher than coupon rate. This means it's sold below face value to increase the bond yield to market rate.

YTM if market price is 887 = 10.7366190%

YTM if market price is 1,134.2= 7.1764596%

Explanation:

For the YTM we can calculate an estimated using the following formula:

$YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}$

Where:

C= coupon payment 1,000 x 9% = 90

F= face value of the bonds = 1000

P= market price = 887

n= years to maturity = 10

YTM = 10.7366190%

$YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}$

C= 90

F= 1000

P= 1134.2

n= 10

YTM = 7.1764596%

A more precise answer can be achieve using excle or a financial calculator.

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The _____ quality attributes are embedded in the total product, that is, the physical or core product and all the additional fea

Agata [3.3K]

If I've got it right, the answer with missing word looks like this: The market-perceived quality attributes are embedded in the total product, that is, the physical or core product and all the additional features the consumer expects.

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A clothing store sends out messages to cell phones of loyal customers informing them about offers. What can be a probable reason

aliina [53]

Answer:

Explanation:

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Steve has been given the charge of managing unskilled labor in the production units of his company. These workers are primarily

AURORKA [14]

Answer:

c. Reward power

Explanation:

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