First option: The adjusted price of this item is 90% of the original price due to the 10% discount.
Price = ($59.95)(0.90)
Price = $53.955
Second option: The adjusted price is 75% of the original price because of the discount amounting to 25% of the original price.
Price = ($75.99)(0.75)
Price = $56.99
Hence, the lower price is from the first choice.
Answer: $53.96
Answer:
The answer is:
Amanda should record the wasted birdseeds (inventory loss) by adjusting the inventory account.
A company's inventory account may be incorrect and show errors due to waste or theft. When a loss in inventory is detected, the inventory account should be adjusted to record all the losses due to waste or theft.
Answer:
the company’s cost of preferred stock is 10.53%.
Explanation:
given information:
perpetual preferred stock = $57.00
a constant annual dividend = $6.00
to determine the company’s cost of preferred stock we can use the following formula
%
therefore, the company’s cost of preferred stock is 10.53%.
I know you need income statements, tax returns, and a credit check. I just went through this. First, they run your credit with a "soft pull". Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for. Then they want to see your tax returns to prove that income, and how long you've had it.
Answer:
Partnership Business
Explanation:
Partnership business is a business enterprise owned, managed and financed by a minimum of two individuals for the purpose of making profit.
Grub Galore is owned by Bob and Rob which makes it a partnership business.
Advantages
1) Profit is shared by partners only.
2) It is financed by more than one person which makes capital more available.
3) Decision making is faster company to limited liability companies
Disadvantages
1) Loss is shared among partners only.
2) Death of one partner might lead to the end of the business.
3) Disagreement between partners might end the business.
