Answer:
True
Step-by-step explanation:
It is right, just trust me.
Answer:
a. Calculate earnings per share, EPS, under each of the three economic scenarios (recession, normal, expansion) before any debt is issued. = 1.38667
b. Calculate the percentage changes in EPS when the economy expands or enters a recession. = -20.00%
c. Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization. = 1.56444
d. Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession. = -37.14%
Explanation:
Answer:
c. tenants by the entirety.
Explanation:
-Community property owners means that a property owned by a married couple is divided equally.
-Joint tenants is an agreement in which two people own a property with the same rights and obligations.
-Tenants by the entirety is an arrangement in which a married couple own a property and the husband or the wife can't sell it without the consent of the other.
-Tenants in common is an agreement in which two or more people own a property and they can have different percentages.
According to this, Kelly and Lon own the lodge as tenants by the entirety.
As pizza company sells three $100 gift cards at the beginning of the month, it should record a debit to <u>Cash</u> and credit to <u>Deferred Revenue</u> for $300.
<h3>What is a Cash account?</h3>
In accounting, the cash account may refer to a ledger in which all cash transactions are recorded. These cash account includes both the cash receipts journal and the cash payment journal.
<h3>What is a Deferred Revenue?</h3>
In accounting, the deferred revenue is a record of income received for a product or service that has yet to be delivered. It is also an unearned revenue that happens when a customer prepays a company for something.
Read more about journal entry
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