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3 years ago

Grade Age Favorite food........

Business

2 answers:

alexira [117]3 years ago

4 0

Grade- 12
age 15
food pastaaaa

ruslelena [56]3 years ago

4 0

Grade: 9
age: 15
favorite food: pasta

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On September 1, Ziegler Corporation had 53,000 shares of $5 par value common stock, and $159,000 of retained earnings. On that d

Nady [450]

Answer:

No entry is made for this transaction

Explanation:

Given:

The liability side of a balance sheet:

In this scenario, Ziegler Corporation split his shares, a 2-for-1 stock split.

According to company law, there is no Particular entry will be made for split share, because it has no impact on the total equity amount.

Only a memo entry will be created to recognize this type of transaction.

3 0

3 years ago

Violet Sales Corp, reports the year-end information from 2020 as follows: Sales (35,000 units) $280,000 Cost of goods sold (105,

stiv31 [10]

Answer:

COGS= $89,250

Explanation:

Giving the following information:

First, we need to calculate the unitary cost of goods sold:

Unitary COGS= 105,000 / 35,000= $3

Now, the new number of units sold:

Units sold= 35,000*0.85= 29,750

Finally, the COGS for 2020:

COGS= 29,750*3

COGS= $89,250

3 0

3 years ago

A company had the following purchases and sales during its first month of operations: January 1 Purchased 10 units at $4.00 per

iragen [17]

Answer:

$59.00.

Explanation:

Because it is perpetual method we will check the inventory available at the moment of each sale.

First sale:

Inventory Available Jan 1st 10 units at $4

sales 6 units COGS $4 = 24

Second Sale:

Inventory Available Jan 1st 4 units at $4 $16

Jan 17th 8 units at $5.5 $44

Total 12 untis at $60 = 60/12 = $5 per unit

sales 7 units COGS $5 = 35

Total COGS 35 + 24 = 59

4 0

3 years ago

Money is always based on a precious metal like gold or silver. anything that is generally accepted in payment for goods and serv

Natali [406]

Answer: Option(B) is correct.

Explanation:

Money is a term or instrument that is generally used in making transaction of goods and services. Individuals use money as a medium of exchange, unit of value and for making standard deferred payments. It is easy to store money. We can easily measure the value of goods and services in terms of money. Now days, money is normally utilized as a medium of exchange.

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3 years ago

Diversification is most effective when security returns are _________. a. high b. negatively correlated c. positively correlated

Y_Kistochka [10]

Answer: Option B

Explanation: In simple words, diversification refers to the process of allocating capital in different investments to reduce the overall risk of the investment portfolio.

Therefore, analyst tries to make portfolio in such a way that securities will be negatively correlated. If two securities are negatively correlated then the decrease of one will lead to proportionate increase of others.

This ensures that the investors money will not be depreciated but at the same time the potential for abnormal returns also decreases.

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3 years ago