Answer:
0.58
Explanation:
because after decimal point there will be two numbers
Answer: Because the issuer official no longer holds elected office, the contribution limits of Rule G-37 do not apply.
Explanation:
Rule G-37 is a way to ensure that Municipal Issuers are not unduly influenced by those who donated to their campaigns to get into a position to become Municipal Issuers.
It prohibites for 2 years, Municipal Finance Professionals (MFP) amongst others from engaging in municipal securities business with a Municipal issuer.
An exception however, is that if the MFP is entitled to a vote for the Official in question, they can donate no more than $250 per election.
Seeing as the Municipal Issuer Officer has lost her position, the MFP need not worry about this $250 limit as it no longer applies to her. The MFP is free to donate $500 to the "clean-up" campaign.
Answer:
c) The current ratio
Explanation:
The current ratio is an example of a liquidity ratio.
Liquidity ratios measure a company's ability to meet its short term obligations.
Current ratio = curernt assets / current liabilities
Return on assets is a profitability ratio. It measures return on investment
The other ratios are coverage ratios. They measure the ability of the firm to covert its debts payments
Answer:
To save the Earth without polluting it. Going eco-friendly
Explanation:
At least that's what I think.
Answer:
b) Additional paid-in capital.
Explanation:
Closing process in accounting is a period end activities which involves
the movement or transfer of temporary accounts to permanent accounts.
Temporary accounts are all income statement accounts like sales account, rent account, depreciation expense account, telephone expense account e.t.c.
This exercise is to prepare temporary accounts for the next period. since temporary accounts are measured as at period end, the transaction of a period must not be allowed to mix with another, hence the need to always close or bring to zero all temporary accounts.
In the question, all are income accounts except additional paid-in capital