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Free_Kalibri [48]
3 years ago
12

Charles Underwood Agency Inc. recently raised capital through an initial public offering (IPO). Its stock can now be purchased o

n the NYSE. This company is referred to as:
(a) A publicly owned corporation
(b) A closely held corporation
Business
1 answer:
lozanna [386]3 years ago
5 0
A publicly owned corporation
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The loan amount (principal) is $50,000 and the annual interest paid is $5,500. What is the annual interest rate
Mumz [18]

Answer:

The interest rate is 11%

Explanation:

The loan amount = $50000

Interest amount = $5500

Since the annual interest amount and the principal amount is given so we have to find the interest rate by using the given information. Below is the formula to find the interest rate.

Let the interest rate = x

Principal × interest rate = Interest amount

$50000 × r = $5500

r  = $5500 / $50000

r = 0.11 or 11%

The interest rate is 11%

5 0
3 years ago
Which statement about subsidiary ledger is most accurate
s344n2d4d5 [400]
The accounts receivable subsidiary ledger is a book of accounts that provides supporting detail for Accounts Receivable.
4 0
4 years ago
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1. A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the emp
Vesna [10]

Answer:

this  account shows sign's of sexual harassment  this goes against the rules of a work place due to the fact that employees and members of staff should feel protected at all times

Explanation:

8 0
3 years ago
List any THREEshopping skill that you will follow.
Viefleur [7K]
1. Comparing prices
2. Negotiating major purchases
3. Evaluating competing products
4. Separating quality from quantity when clothes shopping
5. Determining want versus need
6. Learning how to just say NO
7. Identifying the right times to buy things
8. Seeing the value in used goods
9. Avoiding shopping hungry OR emotional
10. Knowing your shopping triggers and staying away from them


There are 10 shopping skills that we can follow , you can choose any 3 from these and answer your question.
7 0
3 years ago
A bank reconciliation with the headings "Balance per Books" and "Balance per Bank" lists three adjustments under the former and
Vlada [557]

Answer:

a. 3

Explanation:

Bank Reconciliation: The Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the company to run smoothly.  

There are different transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We adjust the transactions accordingly to match those statements.

Based on the cash balance, there would be three adjusting entries which are given below:

a. Bank service charges

b. Notes collected

c. Interest earned

These adjusting entries are required so that the cash balance should balance with the valid cash balance.

5 0
4 years ago
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