Answer:
Explanation:
The journal entry to record the given transaction is shown below:
Cash A/c Dr XXXXX
To Common stock A/c XXXXX
(Being the issuance of the common stock is recorded)
The accounting equation is
Total Assets = Total liabilities + Stockholder equity
Cash Increased = No effect + Increased
Therefore, the cash account and the common stock is increased.
Answer:
Profit margin= 2%
Debt to capital= 0
Explanation:
We can find out Profit margin through the formula of ROA
Return on Assets= Asset turnover* Profit margin
We have been give ROA, and ATO
ROA=3%
ATO=1.5X
So, 3%=1.5*X
X=2%
Profit margin is 2%
Now debt to capital
It can be calculated from the Dupont analysis which is
ROE=ROA*Equity multiplier
Equity multiplier is Assets/Equity
so,
3%=3%*x
EM= 1
Now, Equity multiplier tells us how much our assets are financed through equity so if it is 1, means Assets/Equity =1
So, Assets= Equity
So, all the assets are financed through equity. None of the assets are financed through debt. So, it suggest debt is 0
Debt to capital = Debt/Capital = 0/capital = 0
Answer:
Option "C" is the correct answer to the following statement.
Explanation:
The private key of the certificate holder has been breached and conditions may contribute to the withdrawal of a credential by a certification authority.
A certificate authority, sometimes also linked to as a qualification authority, is a service provider or institution that acts by issuing electronic documents to justify the identifications of institutions and bind them to encryption keys.
The contract that would be the answer I gave
Answer:A
Explanation:
Cash register : This is a type of occupational fraud in which an employee processes a fraudulent reversing transaction on a cash register to justify the removal of cash from that cash register.
