1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
romanna [79]
3 years ago
10

Sarasota Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y

ear of operations, the company had the following events and transactions pertaining to its preferred stock. Feb. 1 Issued 52,000 shares for cash at $55 per share. July 1 Issued 67,500 shares for cash at $59 per share.
a. Journalize the transactions.
b. Post to the stockholders’ equity accounts. (Use T-accounts.)
Business
1 answer:
saul85 [17]3 years ago
8 0

Explanation:

I don't understand...

You might be interested in
if an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to
Lera25 [3.4K]

If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.

<h3>What is structural stagnation?</h3>

This stagnation is attached to economies that are matured and it occurs when growth rate do the economy decreases rather than increasing.

The population may be decreasing and yet the country is experiencing stagnation.

Therefore, If an economy is experiencing a cyclical downturn and output does not return to the secular growth trend, the economy is said to be experiencing structural stagnation.

Learn more on stagnation below,

brainly.com/question/1247282

#SPJ12

6 0
1 year ago
True Vibgyor Inc. sells its e-book readers at the cost price of $15 each. However, the company makes its profits when users have
larisa86 [58]

Answer:

D.  Razor -Razor -blade

Explanation:

A razor - razor blade business model is a type of business model that involves selling a particular product at a low price in increase sales of complementary goods. It refers to  the sales of a core product of a firm at a low price with the expectation that consumer will purchase the more expensive dependent products.

True Vibgyor selling its e-book readers at a $15 and anticipating that the firm will make its profit when the customers buy or download books online is an example of a Razor - razor blade business model.

Hence the answer is    D.  Razor -Razor -blade

8 0
3 years ago
Are there any current subsidy or welfare issues that are being discussed in parliament or municipalities South Africa
yarga [219]
No, there is not. thanks for asking
8 0
3 years ago
Vijay Inc. purchased a three-acre tract of land for a building site for $250,000. On the land was a building with an appraised v
mart [117]

Answer:

$264,930

Explanation:

Land is an asset, an item of property plant and equipment (fixed asset). As such it is recorded at historical cost which includes the cost of the land as well as other cost incurred in making the land available for use net of the income generated in the process of making the asset available for use. Other cost may have been incurred in the process of purchasing the land but only the cost necessary to make the land available for use are capitalized.

Hence, the capitalized cost of the land is:

= $250,000 + $12,600 - $1,690 + $540 + $3,800 - $320

= $264,930

The cost of insurance will be expensed.

3 0
3 years ago
A recent Mega Millions estimated jackpot amount is $300 million which is the undiscounted sum of the 26 annuity option payments
I am Lyosha [343]

Answer:

Itis better to take the case in hand of 207,000,000 millions

Explanation:

We need to calcualte the present value of a geometric annuity-due

\frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}

g 0.05

r 0.04

C 4,515,432

n 26

n 26

\frac{1-(1+0.05)^{26}\times (1+0.04)^{-26} }{0.04-0.05}

 127,557,727.45

As is an annuity due, we multiply by (1+r)

127,557,727.45 x (1+0.04) = 132,660,036,548

The present value of the 207,000,000 option is better as the annuity present value is around 130,000,000

4 0
3 years ago
Other questions:
  • Kindzi Co. has preferred stock outstanding that is expected to pay an annual dividend of $4.74 every year in perpetuity. If the
    9·1 answer
  • What are the different types of contract? The different types of contract are express contract, ______ contract, unilateral cont
    12·2 answers
  • When silicon chips are fabricated, defects in materials (e.g., silicon) and manufacturing errors can result in defective circuit
    15·1 answer
  • In one to two sentences, name some values, interests, skills, or personality traits that could play a role in your career decisi
    7·2 answers
  • Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
    13·1 answer
  • When there is a time gap between when a message is sent and when it's received, one is using ___.
    9·1 answer
  • Consider the following information about a simple country that produces two different goods: Year PriceMilk QuantityMilk Price C
    11·1 answer
  • Accrued salaries payable of $100000 were not recorded on December 31, 2017. Office supplies on hand of $57000 on December 31, 20
    5·1 answer
  • Asteroid Industries accumulated the following cost information for the year:
    9·1 answer
  • An individual who wants to earn a living from a new business endeavor has decided to start his business as a not-for-profit orga
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!