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stepan [7]
2 years ago
12

Which of the following is not a business transaction? Question 6 options: Erin deposits $15,000 in a bank account in the name of

Erin’s Lawn Service. Erin provided services to customers earning fees of $600. Erin purchased hedge trimmers for her lawn service agreeing to pay the supplier next month. Erin pays her monthly personal credit card bill.
Business
1 answer:
lapo4ka [179]2 years ago
6 0

Answer:

Erin purchased hedge trimmers for her lawn service agreeing to pay the supplier next month.

Explanation:

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Novak Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year
GenaCL600 [577]

Answer:

Feb 1=> Cash ( debit) = 2,444,000.

Prefered stock (credit) = 2,350,000.

Paid in capital in excess of par value-preferred stock(credit) = 94000.

July 1=> Cash (debit) = 3,500,000.

Prefered stock (credit) = 3,125,000.

Paid in capital in excess of par value-preferred stock(credit) = 375000.

Explanation:

(A). On FEB. 1, the accounts and Explanation is given below:

Cash ( debit) = 2,444,000 {that is from; 47,000 × $52}.

Prefered stock (credit) = 2,350,000 { that is from; 47,000 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 2,444,000 - 2,350,000 = 94,000.

(B). On JULY 1, the accounts and Explanation is given below;

"July 1 Issued 62,500 shares for cash at $56 per share."

=> Cash (debit) = 62500 × 56 = 3,500,000.

Prefered stock (credit) = 3,125,000 { that is from; 62,500 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 3,500,000 - 3,125,000 = 375,000.

7 0
2 years ago
Read 2 more answers
You're on a social media team for a outdoors brand called Appalachia. They've decided to revitalize their Pinterest account and
Lapatulllka [165]

Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.

An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:

  • Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way.
  • Inbound marketing works according to three principles: attract, engage, and delight.
  • The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers.
  • It should be equally invested in engaging with the customers through the process of content creation.
  • This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options.
  • Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with.
  • Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.

Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.

Learn more about content creation here: brainly.com/question/26476622

#SPJ4

3 0
1 year ago
Permanent tax cuts shift the AD curveSelect one:a. farther to the left than do temporary tax cuts.b. not as far to the right as
Phoenix [80]

Answer:

farther to the right than temporary tax cuts

Explanation:

The permanent tax cuts have more impact on consumption spending than temporary one. A permanent tax cut raises the expected lifetime wealth and increases autonomous consumption, thus leading to an upward shift of the consumption function. Consequently the permanent tax cuts shift the AD curve farther to the right compared to the temporary tax cuts.

6 0
3 years ago
Standard, Inc. reported EBIT of $35 million for last year. Depreciation expense totaled $20 million and capital expenditures cam
aleksandr82 [10.1K]

Answer:

$710.84 million

Explanation:

Net income = $35 million

Depreciation = $20 million

Capital expenditures = $7 million

Tax rate = 21%

D/E ratio = 0.4

Growth rate = 6%

Equity beta = 1.25

So, firm's asset beta = Equity beta/(1 + D/E*(1-T))

= 1.25/(1 + 0.4*(1-0.21))

= 0.94985

So, Free Cash Flow to the Firm= NI + Depreciation - Capital expenditures

= 35 + 20 - 7

= $48 million

Risk free rate Rf = 5%

Market risk premium = 7.5%

So, firm cost of capital using CAPM is Rf + Beta*(MRP)

Kc = 5 + 0.94985*7.5

Kc = 12.1239

So, Firms value using constant dividend growth model:

FV = FCF*(1+g)/(Kc-g)

FV = 48*1.06 / 0.121239-0.06

FV = 50.88 / 0.061239

FV = 830.8430901876255

FV = $830.84 million

Debt = $120 million

Market Value of equity = FV - Debt

Market Value of equity = $830.84 million - $120 million

Market Value of equity = $710.84 million

6 0
3 years ago
A college professor wants to know if the university students in the Unites States will find the new textbook that he has authore
marissa [1.9K]

Answer:

judgment sampling.

Explanation:

Judgementbsampling is also called expert sampling is a type of sampling that is based on the assumptions made by an expert. The feedback from this type of sampling tends to be biased.

This is a subjective method of sampling that relies on the researcher's personal judgement in choosing sample from the population.

In this instance the professor chooses only marketing majors as his sample to get feedback on his new textbook. His personal beliefs is that this sample will represent the student population in the United States.

This is however not objective as all the sample members are marketing majors.

3 0
3 years ago
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