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Juliette [100K]
2 years ago
11

considered the first and lowest level of stocks. common stock 2. probably the safest investment; corporations can withstand a do

wnturn in the economy issue 3. the most basic stock a company will issue; it carries higher risks than other stocks downturn 4. the owners of this type of stock will collect their dividends first, before the owners of common stock blue chip stocks 5. a share of profits received by a shareholder dividend 6. a financial return that has a set limit penny stocks 7. a dip in the market preferred stock 8. the act of a company selling stock fixed dividend payment
Business
1 answer:
Gnoma [55]2 years ago
4 0

Answer:

1. Penny Stock

2. Blue chip stock

3. Common stock

4. Preference Stock

5. Dividend

6. Fixed dividend payment

7. Downturn

8. Issue

Explanation:

1. Considered the first and lowest level of stocks: Penny Stock

2. Probably the safest investment; corporations can withstand a downturn in the economy issue: Blue chip stock

3. The most basic stock a company will issue; it carries higher risks than other stocks downturn: Common stock

4. The owners of this type of stock will collect their dividends first, before the owners of common stock: Preference Stock

5. A share of profits received by a shareholder: Dividend

6. a financial return that has a set limit: Fixed dividend payment

7. a dip in the market: Downturn

8. the act of a company selling stock : Issue

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This is a sum of numbers that accumulates with each iteration of a loop. A. Running total B. Final total C. Grand finale D. Gall
kicyunya [14]

Answer:

The correct answer is A. Running total.

Explanation:

The accumulated total can be expressed as a numerical value or a percentage. In Reporter reports, you can calculate a cumulative total for more than one category.

For example, you can create a report that shows the income for each of the last four quarters. The accumulated total will show the total income at the end of each quarter. If you add a cumulative total as a percentage of the total sold, you can see the percentage of year-round sales achieved at the end of the quarter.

7 0
2 years ago
Southwest Pediatrics has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $121,000; All
kogti [31]

Answer:

Bad debt expense  $ 26,300

Allowance for Uncollectible Accounts   $ 26,300

Explanation:

Initial Balance  

Accounts Receivable  $ 121,000

Allowance for Uncollectible Accounts   $ 2,100 - Debit

Bad Debts Expense =  20% / Accounts Receivable $ 24,200

Adjusting Entry

Bad debt expense  $ 26,300

Allowance for Uncollectible Accounts   $ 26,300

Final Balance  

Accounts Receivable  $ 121,000

Allowance for Uncollectible Accounts   $ 24,200 - Credit

Accounts Uncollectible are those credit that the company give and there are not chances of been collected.

When the customers buy products on credits but then the company can't collect the debt, then it's necessary to write off the unpaid bill as uncollectible

One way it's to write-off directly the bad debts at the moment decided that the credit are uncollectible, the total amount it's reported as bad debt expenses which affect negativly the income statement and the accounts receivable are reduce in the same amount, less assets.

The other way it's to determine a percentage of total amount of accounts receivables as uncollectible, exist many ways to analize the accounts receivable and figure the value of uncollectible.

When the company have the percentage of uncollectible accounts the journal entry required is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit)

At the moment of the write-off as the expenses were before recognized we only use the Allowance for Uncollectible Accounts (Debit) with Accounts Receivable (Credit), with this we are recognizing the uncollectible credit of the company.

6 0
3 years ago
Which of the following is not a cost created by high​ inflation? A. Inflationary impacts are not distributed evenly across the​
dybincka [34]

Answer:

The correct answer is the option A: inflationary impacts are not distributed evenly across the population, therefore, inflation causes the economy to redistribute income across households.

Explanation:

To begin with, <em>inflation</em> is the name that receives, in an economic field, the term that refers to the situation where the economy of a country <em>decreases its purchasing power per unit of money</em> causing a<em> loss of real value in the unit of exchange</em>. Moreover,<em> it affects the economy in many negative ways</em>, such as the reductions of the real value of the wages, causing a more difficult situation for the people to buy the primary groceries. Furthemore, it also increases the opportunity cost of holding money, causing to discourage investment and savings.

Therefore, that it is understandable that the correct answer is the option A, due to the fact that <u><em>a high inflation do not cause a redistribution in the income of the economy to the households, actually it causes the whole oppositve impact. </em></u>

7 0
2 years ago
On January 1, a company purchased a five-year insurance policy for $3,300 with coverage starting immediately. If the purchase wa
marissa [1.9K]

Answer:

a. Debit Insurance Expense. $660, credit Prepaid Insurance, $660.

Explanation:

The adjusting entry is shown below:

Insurance expense Dr $660 ($3,300 ÷ 5 years)

          To Prepaid insurance

(Being the insurance expense is recorded)

here we debited the insurance expense as it increased the expense and credited the prepaid insurance as it decreased the assets

Therefore the option a is correct

7 0
3 years ago
A net worth statement, financial goals, and a budget are all part of a _____.
Gemiola [76]
A net worth statement, financial goals, and a budget are all part of a financial plan.
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