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3 years ago

Have you ever had an experience where you were not fully aware of what you were purchasing or service you were agreeing to?

1 answer:

4 0

I purchased (a couple years ago) a dippin dots maker for juice and things like that. It was terrible and the dippin dots did not come out right. ( I don’t remember what happened to it.)

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Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di

Kay [80]

Answer:

The following journal entries are required on declaration date:

Dr Retained earnings ($10*20000) $200,000

Cr Common stock distributable dividend($2*20000) $40000

Cr Paid=in share capital in excess of par value of $2 $160000

While on distribution date the entries required are:

Dr Common stock distributable dividend $40000

Cr Common stock $40000

Explanation:

First of all, the stock dividend of 20% translates to 20000 shares (100000 shares *20%)

At the declaration date the following entries are required:

Dr Retained earnings ($10*20000) $200,000

Cr Common stock distributable dividend($2*20000) $40000

Cr Paid-in share capital in excess of par value of $2

($10-$2=$8*20000 shares) $160000

Upon distribution of the stock dividend, the stock dividend in dividends distributable account needs to be reclassified to common stock account as follows

Dr Common stock distributable dividend $40000

Cr Common stock $40000

8 0

3 years ago

You and your spouse are in good health and have reasonably secure jobs. Each of you makes about $40,000 annually. You own a home

chubhunter [2.5K]

Answer:

$63,000

Explanation:

One of the four methods of determining insurance if the DINK method which means Double income with no kids.

To estimate the value of the insurance using this method , the sum of , mortgage , car loans and personal debt is divided by two and added to the funeral expenses

Mortgage - 100,000

Car loan - 11,000

Personal debt - 2000

Credit card - 3000

Total = 116,000

Insurance = (116,000/2) = 58,000

Funeral expenses - 5,000

=63,000

5 0

3 years ago

In the text box below, enter one of your purchase goals.

Kisachek [45]

Answer:

A. Enter one of your purchase goals.

Goal: I will buy a laptop after I graduate high school to start writing books.

B. How much does this cost?

Cost: $999.00

C. How much money do you currently have saved?

Money currently saved: $270.00

D. How much more do you need to reach you goal?

Money needed to reach goal: $730.00

E. List some steps you can take this year to help you save toward this goal.

After I graduate from high school I would get a job to start saving money.

F. List some steps you can take next year to save toward this goal.

Next year I will deposit $50 per month into my savings account to reach my goal.

Explanation:

7 0

3 years ago

why did aig get bailed out while lehman brothers did not? group of answer choices it had a stronger balance sheet lehman brother

GarryVolchara [31]

Because all other big financial corporations would have failed due to the prospect of systemic risk, aig received bailout money while Lehman Brothers did not.

The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively. The definition of finances according to Finance Box is "The money that people, businesses, or national economies earn and spend." Risk is the potential for bad things to happen, to put it simply. Risk refers to uncertainty on how a certain action will affect or have implications for a human value (such as one's health, well-being, wealth, property, or the environment), frequently focused on unfavourable outcomes.

Learn more about Risk here

brainly.com/question/17284407

#SPJ4

3 0

1 year ago

Monetary Policy in Flosserland: In Flosserland, the Department of Finance is responsible for monetary policy. Flosserland has ha

evablogger [386]

Answer:

The correct answer is d) neither the long-run Phillips curve nor the Classical dichotomy.

Explanation:

The answer that best suits the situation described is the Phillips curve in the short term but not in the long term.

The Phillips curve starts from the principle that the amount of money circulating (commonly called "money supply") has real effects on the economy in the short term. In this way, an increase in the money supply would have a beneficial effect on aggregate demand, as citizens will spend more when their nominal wages are increased (known as “monetary illusion”) and a more favorable framework for investment and investment will be created. that the prospects of rising prices will improve the expectations of corporate profits. The improvement in aggregate demand would result in greater economic growth, and this in turn in the creation of new jobs. This is how an inverse relationship between inflation and unemployment is established, expressed graphically by a downward curve.

3 0

3 years ago