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weqwewe [10]
3 years ago
15

What is the total value of Company H's stock?

Business
1 answer:
dmitriy555 [2]3 years ago
6 0

Answer:

Insufficient data

Explanation:

Suppose x represents the total value of Company H's stock

Here, we need to find out : value of x.

(1) Investor P owns \small \frac{1}{4} of the shares of Company H's total stock

i.e. Investor P's amount in H's stock  = \frac{1}{4}x

We did not give P's investment.

Thus, data is insufficient to find value of x.

(2)  The total value of Investor Q's shares of Company H's stock is $16,000.

Q's share in company H's stock = $16,000

There is no relation between x and Q's share given,

Thus, data is insufficient to find value of x.

Now, when we combined the data (1) and (2),

We still can not find the value of x.

Because, there are also other investors in stock H other than P and Q.

Hence, the data is inadequate to find total value of Company H's stock.

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Answer:

Explanation:

The journal entries are shown below:

A. Uncollectible Expense A/c Dr $11,520

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= $1,152,000 × 1.5% × 75%

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C.  Uncollectible Expense A/c Dr $9,816

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The computation is shown below:

= $12,000 - $2,184

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DC Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a s
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Answer:

Correct option is B.

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