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vodka [1.7K]
3 years ago
7

A _____ is a small piece of ownership in a company

Business
2 answers:
natita [175]3 years ago
6 0
I'm almost certain that the answer is B Stock
Furkat [3]3 years ago
4 0
I believe the answer is B. Stock  

hope this helps :)
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An asset was purchased for $ 26 comma 000 on January​ 1, 2019. The​ asset's estimated useful life was five​ years, and its resid
Zielflug [23.3K]

Answer:

Loss on disposal $1,800

Explanation:

Cost of Asset            26,000

Useful life               5years

Sale proceeds       19,000

Depreciation for the year=$26,000/5=$5,200

Written Down value(WDV)=$26,000-$5,200=$20,800

Loss on Disposal= Sale proceeds-   WDV=$19,000-$20,800=$1,800  

It is assumed that depreciation is fully charged for the year on asset.                            

5 0
3 years ago
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Natasha_Volkova [10]

Answer:

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Explanation:

4 0
3 years ago
Read 2 more answers
Consider three imaginary countries. In Aire, saving amounts to $4,000 and consumption amounts to $12,000; in Bovina, in Cartar,
Volgvan

Answer:

c higher in Aire than in Cartar, and it is higher in Cartar than in Bovina.

Explanation:

As we know that,

Money supply = Saving amount + consumption amount

And, the saving rate would be

= (Saving amount ÷ money supply) × 100

So

For Aire, the saving rate would be

= ($4,000 ÷ $16,000) × 100

= 25%

For Bovina, the saving rate would be

= ($3,000 ÷ $27,000) × 100

= 11.11%

For Cartar, the saving rate would be

= ($10,000 ÷ $60,000) × 100

= 16.66%

5 0
3 years ago
On April 1, the company hired an attorney for a flat monthly fee of $3,500. Payment for April legal services was made by the com
Shkiper50 [21]

Answer:

<u>Adjusting entries:</u>

April 30, legal fees

Dr Legal fees expense 3,500

    Cr Legal fees payable 3,500

April 30, accrued interest

Dr Interest expense 3,000

    Cr Interest payable 3,000

April 30, wages expense

Dr Wages expense 4,000

    Cr Wages payable 4,000

<u>Subsequent entries:</u>

May 12, legal fees

Dr Legal fees payable 3,500

    Cr Cash 3,500

May 20, paid interest

Dr Interest expense 6,000

Dr Interest payable 3,000

    Cr Cash 9,000

May 3, wages expense

Dr Wages expense 4,000

Dr Wages payable 6,000

    Cr Cash 10,000

4 0
3 years ago
After deciding to buy a new car, you can either lease the car or purchase it on a four-year loan. The car you wish to buy costs
Akimi4 [234]

Answer:

a. In order to determine the present value of lease we can use the same APR as the car loan (7%). We can use the present value of an annuity formula:

PV = monthly payment x annuity factor

  • monthly payment = $509
  • PV annuity factor, 0.58333%, 48 periods = 41.76344

PV of the annuity = $509 x 41.76344 = $21,257.59

total present value of lease contract = $21,257.59 + $109 = $21,366.59

b. the present value of purchasing the car is $40,000 - $28,000/1.07⁴ = $40,000 - $21,361.07 = $18,638.93

c. the break even resale price = (sales price - PV of lease) x (1 + 7%/12)⁴⁸ = ($40,000 - $21,366.59) x (1 + 0.07/12)⁴⁸ = $18,633.41 x 1.32205 = $24,634.37

8 0
3 years ago
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