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mote1985 [20]
3 years ago
12

Beauty Island Corporation began operations on April 1 by issuing 60,000 shares of $5 par value common stock for cash at $13 per

share. On April 19, it issued 2,000 shares of common stock to attorneys in settlement of their bill of $27,500 for organization costs. In addition, Beauty Island issued 1,000 shares of $1 par value preferred stock for $6 cash per share.
Journalize the issuance of the common and preferred shares, assuming the shares are not publicly traded
Business
1 answer:
Eddi Din [679]3 years ago
6 0
Norovirus is a very contagious virus that causes vomiting and diarrhea. People of all ages can get infected and sick with norovirus. Norovirus spreads easily! People with norovirus illness can shed billions of norovirus particles. And only a few virus particles can make other people sick.
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You have just used the network planning model for a county road resurfacing project and found the critical path length is 40 day
Romashka-Z-Leto [24]

Answer: E.53

Explanation:

From the above information, the formula for due date is given below.

DUE DATE = Expected Completion Time + (Z * Standard Deviation)

A confidence level refers to the percentage of all possible samples that can be expected to contain the true population parameter. It is computed according to a random sample from the population and most times always associated with a certain confidence level that is a probability, usually presented as a percentage. The 90% says that 90% will include the true mean but 10% won't.

A Z-score is referred to as a numerical measurement that is made use of in statistics of a value's relationship to the mean (that is average) of a group of values, measured in terms of standard deviations away from the mean.

Expected time = 40

Confidence interval = 90 = Z VALUE of 1.282

Standard Deviation= 10

DUE DATE = 40 + (1.282 * 10) = 53days

= 40+ 12.82

=52.82

Approximately 53

Therefore,the time in days is 53 days.

7 0
3 years ago
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A manufacturing company hires only welders who have completed a formal
BartSMP [9]

Answer: An apprenticeship

Explanation: Pretty sure that other person had a stroke

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3 years ago
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2 years ago
What two conditions must hold for a competitive market to produce efficient outcomes? Group of answer choices Firms must maximiz
faltersainse [42]

Answer:

The answer is: Supply curves must reflect all costs of production, and demand curves must reflect consumers´ full willingness to pay.

Explanation:

The characteristics of a competitive market are:

  • Many buyers and sellers
  • Companies make a similar product.
  • Both buyers and sellers have access to perfect information about price.
  • No transaction costs.
  • No barriers to entry into or exit from the market.

Theoretically if all of the above conditions occur, profit maximizing companies will combine with utility maximizing consumers, and markets will tend to produce efficient outcomes.

6 0
3 years ago
Suppose in New York £/$ = 1, while in Tokyo ¥/$=2.5, but in London £/¥ = 0.50. (a) (2) Is there any profit that could be made wi
Dimas [21]

Answer:

(a) Yes, there is a profit by making triangular arbitrage action. Profit starting with selling ¥1,000,000 in London will be ¥250,000. Detailed description is in explanation part.

(b)

The dollar-pound exchange rate will change in the way that pound will be depreciated because there is more supply of pound in New York market following a arbitrageur action as they notice the profit-making opportunity.

Cross rates after arbitrageurs notice will be adjusted to the point where there is no arbitrage opportunity occurs. In (a) example, keeping other exchange rate unchanged, the dollar-pound exchange rate will be adjusted to £/$ = 1.25.

Explanation:

(a)

Investor sell ¥1,000,000 in London to get £500,000 ( exchange rate £/¥ = 0.50).

Further, he sells these £500,000 in New York to get $500,000 ( exchange rate £/$=2.5)

Next, they sell $500,000 to get ¥1,250,000 in Tokyo ( exchange rate ¥/$=2.5)

=> Net profit is ¥1,250,000 - ¥1,000,000 = ¥250,000

(b)

Details have already been explained in the answer part.

3 0
3 years ago
Read 2 more answers
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