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raketka [301]
3 years ago
8

After an hour on the expressway, your passengers need to use the restroom and they want to get some food. As you approach the ne

xt exit, what color sign will you look for, and what type of information would you expect to see on that sign?
Business
1 answer:
Gre4nikov [31]3 years ago
5 0
The sign will be blue and it will have food places on it like Mc Donalds and Subway. Those food places will have a restroom so you would just follow the signs direction to that food place.

Hoped I helped!
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at any level of units sold, net income will be higher if more higher contribution margin units are sold than lower contribution margin units.

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Answer:

Journal Entries

January 22

Dr. Cash                  $6,840,000  

Cr. Common stock  $6,840,000

February 14

Dr. Cash                  $720,000  

Cr. Preferred stock $720,000

August 30

Dr. Cash                                                                   $2,635,000

Cr. Preferred stock                                                  $2,480,000

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February 14

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Preferred stock = 9,000 shares x $80 per share

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August 30

Cash Received = Numbers of shares x issuance price = 31,000 x $85 = $2,635,000

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Paid in capital excess of par  = $2,635,000 - $2,480,000 = $155,000

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