To raise money to grow the company
Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment
<h3>What is frictional Unemployment</h3>
Frictional unemployment occurs when an individual is temporarily unemployed as a result of searching for new or better job.
This is a time of transition usually from an existing job to a new one.
Therefore, Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment
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Answer:
See bellow
Explanation:
With regards to the above, Rouse total stockholder's equity is computed as;
= Preferred stock + common stock + paid in capital in excess of par (preferred stock and common stock) + retained earnings - Treasury stock
= $150,000 + $1,950,000 + $60,000 + $27,000,000 + $7,650,000 - $630,000
= $53,730,000
Answer: -$20,529.60
Explanation:
Net Present value of Y = Present Value of Inflows - Present value of Outflows
Present Value of Y inflows
$32,000 inflows for 5 years. This is therefore an annuity
Present value of annuity = Annuity * Present value interest factor, 9%, 5 years
= 32,000 * 3.8897
= $124,470.40
Net Present Value = 124,470.40 - 145,000
= -$20,529.60
Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the adjusting entry should include a: Debit to Depreciation expense $ 30
Adjusting entries correct previously recorded journal entries, allowing revenue and costs to be recognized as they occur.
Assume, for example, Depreciation that you bill a customer for $1,000 in services in December. They then pay you in January or February, after the previous fiscal year has ended.
To begin, you record the cash in December as profit expected to be collected in the future in accounts receivable. Then, when the client pays in February, an adjustment entry must be made to record the receivable as cash.
This is referred to as an accrued revenue adjustment entry.
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