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3 years ago

Why should you have three to six months' salary saved?

1 answer:

3 0

The three-month guideline is generally recommended for those who are in salaried positions and have more secure employment. The six-month recommendation is for those who have less stable employment or earn variable incomes.

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2,000,000 shares of no-par common stock were authorized; 750,000 shares were issued on January 1, 2019, at $35 per share. 800,00

Pachacha [2.7K]

Answer:

Explanation:

Journal entries

Jan. 1, 2019

Dr Cash (750,000x$35) $26,250,000

Cr Common stock $26,250,000

Jan. 1, 2019

Dr Cash (540,000x$105) $56,700,000

Cr Preferred shares (540,000x$100) $54,000,000

Cr Paid in capital in excess of par-Preferred stock $2,700,000

Dec. 22, 2021

Dr Cash dividend $15,000,000

Cr Dividend payable-Preferred $12,150,000

Cr Dividend payable-Common $2,850,000

Feb. 12, 2022

Dr Dividend payable-Preferred $12,150,000

Dr Dividend payable-Common $2,850,000

Cr Cash $15,000,000

Dividend payable-Preferred = $54,000,000x7.5%x3 years =$12,150,000

Dividend payable-Common = $15,000,000-$12,150,000 =$2,850,000

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3 years ago

Have opened up new horizons for proactive and reactive investigations of consumer fraud because an investigator can begin develo

Elden [556K]

I believe the answer is <span>. Decoy appliances/vehicles
The majority of this fraud is targeted the people who do not really pay attention to the specs of the product they use.
For example, many repairment targets older people by giving them advice to fix parts of their computer that's working fine.</span>

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3 years ago

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Stone and brick are substitutes in home construction. Consider the market for bricks depicted below. Suppose the price of stone

Sergio039 [100]

Answer: Price of bricks will increase and quantity will increase.

Explanation: Since Stone and bricks are substitutes to each other, a rise in the price of stone due to the new regulation will lead to a rise in the demand for bricks. Since bricks are now relatively cheaper as compared to stones after the price rise, people will use more bricks than stones. This will shift the demand for bricks to the right driving upwards the price for bricks and also increase the quantity of bricks being sold in the market.

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3 years ago

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Internal controls that should be applied when a business takes a physical count of inventory should include all of the following

irina1246 [14]

Answer:

e) Counters of inventory should be those who are responsible for the inventory.

Explanation:

Having different people do the physical counting of inventory guarantees the integrity of the count. The staff in charge of inventory are probably aware of any variances as they conduct regular checks. Having different people count eliminates the possibility of number manipulation by the staff responsible for the stock.

Before a stock count, all operations should be halted. Items received during the stock count should be separated and not counted. There should be a document giving instructions to staff to ensure consistency.

As a measure of internal control, all stocks should be identified with a numbered tag. The supervisor should ensure proper tagging has been done. Where possible, counters will be organized in teams of two so that each item goes through two counts. Assign groups to count items which are not in their direct responsibility. Should there be a variance, a separate team should be allowed to counter check.

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3 years ago

What is management and leadership

murzikaleks [220]

Answer:

Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual's ability to influence, motivate, and enable others to contribute toward organizational success. Influence and inspiration separate leaders from managers, not power and control.

Explanation:

Hope this helps...

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2 years ago

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