3 years ago

What is the consistent finding regarding age identity of 60- to 75-year-olds?

1 answer:

5 0

Half of 60 to 75 years old viewed themselves as being middle-aged is what the consistent finding regarding their age identity. In a study of adults 55 years and older, sexual activity was linked to improvements in physical and mental health.

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Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 140 shares of its common st

Ratling [72]

Answer: $70

Explanation:

First, we need to calculate the purchase price per share and this will be:

= Purchase amount / Number of shares bought

= $7000 / 140

= $50 per share

Therefore, the balance in the Paid-in Capital, Treasury Stock account on August 2 will be:

= [70 × ($52 - $50)] + [70 × ($49 - $50)]

= (70 × $2) + ($70 × $-1)

= $140 - $70

= $70

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2 years ago

Golden Eagle Company prepares monthly financial statements for its bank. The November 30 and December 31 adjusted trial balances

denis23 [38]

Answer:

Explanation:

The adjusting entries are shown below:

1. Supplies Expense A/c Dr $3,000 ($2,000 + $4,500 - $3,500)

To Supplies A/c $3,000

(Being supplies purchased)

2. Insurance Expense A/c Dr $2,000

To Prepaid Insurance A/c $2,000

(Being prepaid insurance adjusted)

3. Salary expense A/c Dr $16,000

To salary payable A/c $16,000

(Being salary adjusted)

4. Unearned revenue A/c Dr $1,500

To Service revenue A/c $1,500

(Being unearned revenue adjusted)

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3 years ago

Bennett Griffin and Chula Garza organized Cole Valley Book Store as a corporation; each contributed $80,000 cash to start the bu

maria [59]

1478390 idk : ) please help this person

6 0

2 years ago

Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in,

elena55 [62]

Answer:

Revenue/Income; Expenses

Explanation:

Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.

$Profit/Loss = Revenue - Expenses$

If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.

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3 years ago

Blinding Light Co. has a project available with the following cash flows: Year Cash Flow 0 −$33,790 1 8,210 2 9,890 3 14,120 4 1

oksano4ka [1.4K]

Answer: 20.15%

Explanation:

The IRR is the discount rate that makes brings the Net Present Value to zero.

It can be solved for by various means including using Excel as shown in the attached file.

Year 0 -33790

Year 1 8,210

Year 2 9,890

Year 3 14,120

Year 4 15,930

Year 5 10,820

= IRR (-33,790 , 8,210 , 9,890 , 14,120 , 15,930 , 10,820 )

= 20.15%

4 0

2 years ago