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Evgen [1.6K]
3 years ago
8

A concurrent condition occurs when each party's performance is conditioned on the performance of the other.

Business
1 answer:
Sindrei [870]3 years ago
4 0

If the question is asking whether the statement is true or false, the answer is true. A concurrent condition is considered to be a condition that likely to occur or perform when paired or associated with another condition in which is similar in the statement above where each party’s performance is conditioned on the performance of the other.

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Pina Colada Corp. issued 22000 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $53000
snow_tiger [21]

Answer:

Net cash flows from financing activities $1,311,000.

Explanation:

The computation of the amount that would be reported on the financing activities of the cash flow statement is as follows:

Issue of common stock(22,000 shares × $40) $880,000

Less: payment of dividend ($53,000)

Add: Issue of the long term note payable $484,000

Net cash flows from financing activities $1,311,000.

7 0
3 years ago
Using the rule of 72, t = StartFraction 72 Over r EndFraction, how long will it take for the principal to double with an annual
Leviafan [203]

Answer:

12 years

Explanation:

Given

t = \frac{72}{r}

Required

How long will interest rate of 6\% double

We have:

t = \frac{72}{r}

Substitute 6 for r

t = \frac{72}{6}

t = 12

5 0
2 years ago
The amount of fica tax that employers must pay is twice the amount of the fica taxes withheld from their employees. true or fals
IceJOKER [234]
<span>It is false that the amount of fica tax that employers must pay is twice the amount withheld from their employees. In fact, the employer and the employee both contribute equal shares to the fica tax. In 2018, the rate each must pay is 7.65 percent on the first $128,400 an employee earns. The Social Security tax is 6.2 percent, and the Medicare tax is 1.45 percent.</span>
6 0
2 years ago
A concern of using 360-degree evaluation is that: a. this system has no scope for employee collusion. b. raters feel accountable
oksano4ka [1.4K]

Answer:

The correct option is C

Explanation:

A 360-degree feedback also known as multi-rater feedback, multi source feedback, or multi source assessment is a process through which feedback from an employee's subordinates, colleagues, and supervisor(s), as well as a self-evaluation by the employee themselves is gathered.

Organizations have most commonly utilized 360-degree feedback for developmental purposes, providing it to employees to assist them in developing work skills and behaviors.

7 0
2 years ago
The threat of lawsuits has caused some drug companies not to manufacture certain types of vaccines. What type of risk management
Sergeeva-Olga [200]

Answer:

C) Avoiding the risk

type of risk management option is being practiced.

Explanation:

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7 0
2 years ago
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