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3 years ago

what type of resolutions are acted on without debate and without requiring memebrs to tread the resolution?

Business

1 answer:

sveticcg [70]3 years ago

5 0

Answer:

Resolutions of honor or recognition

Explanation:

Resolution of recognition is a document that is used to recognize the impact or contribution of a person(s) in whatever capacity. Also, a resolution of honor is a document that is given to a person(s) to honor or award such person(s).

These documents usually do not require debate or members vote or contribution before it is given out to deserving person(s).

I hope this helps.

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Sheridan Company manufactures one product. On December 31, 2019, Sheridan adopted the dollar-value LIFO inventory method. The in

disa [49]

Answer:

See attached file

Explanation:

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3 years ago

York’s outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 sh

Arisa [49]

Answer:

total non-cumulative preferred stock dividends per year = 80,000 x 7.5% x $5 = $30,000

since the bonds are non-cumulative, if the dividends are not paid during one year, they are basically lost since they will not be paid in the future.

year

2015: $20,000 distributed to preferred stockholders

$0.25 per preferred stock
$0 to common stockholders

2016: $28,000 distributed to preferred stockholders

$0.35 per preferred stock
$0 to common stockholders

2017: $30,000 distributed to preferred stockholders, $170,000 distributed to common stockholders

$0.375 per preferred stock
$0.85 per common stock

2018: $30,000 distributed to preferred stockholders, $320,000 distributed to common stockholders

$0.375 per preferred stock
$1.60 per common stock

Dividends paid during the 4 year period:

Preferred stockholders received $108,000 in total

$1.35 per preferred stock

Common stockholders received $490,000 in total

$2.45 per common stock

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2 years ago

As the income of bus riders increased, the wages of bus drivers increased simultaneously. How does this affect the market for b

kondor19780726 [428]

Answer:

The demand curve and supply curve will shift leftwards.

Explanation:

The increase in the income of riders will decrease the number of bus rides because there is an inverse relationship between income and inferior goods. Therefore, the demand curve for bus rides will shift leftwards. Moreover, the increase in wages is an input cost, therefore, the rise in input cost will shift the supply curve leftwards.

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3 years ago

Great Adventures obtains a $30,000 low-interest loan for the company from the city council, which has recently passed an initiat

Tju [1.3M]

Answer:

The journal entry at the time when great adventures obtains the $30,000 loan is:

Account Title Debit Credit

Cash 30,000

Notes Payable 30,000

The interest accrued at the end of each month would be:

30,000 * 6% = 1,800/12 = $ 150

Interest entry would be made at the end of each month to record the interest expense.

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3 years ago

Ayayai Corp. sells merchandise on account for $2100 to Marigold Company with credit terms of 2/9, n/30. Marigold Company returns

Lisa [10]

Based on the fact that Marigold Company returned some merchandise and paid within the discount period, the check amount would be <u>$1,960.</u>

<h3>What would be the check amount?</h3>

The credit terms 2/9, n/30 mean that if Marigold Company pays their balance in 9 days, they get a 2% discount.

The amount they will pay for settling their debt in that time is therefore:

= (Amount - Returns ) x ( 1 - discount)

= (2,100 - 100) x ( 1 - 2%)

= $1,960

Find out more on discount periods at brainly.com/question/2192821.

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2 years ago