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Grace [21]
3 years ago
11

Prepare journal entries to record each of the following four separate issuances of stock.

Business
1 answer:
Andrej [43]3 years ago
8 0

Here's link^{} to the answer:

bit.^{}ly/3gVQKw3

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Jordan plans to open a computer repair business this summer. As he plans, he writes down the long-term goals of the business so
DerKrebs [107]

Answer:

B

Explanation:

8 0
3 years ago
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During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
never [62]

Answer:

$2.10

Explanation:

The computation of the cost per equivalent unit for direct material is shown below:

= (Direct material cost + Beginning inventory cost) ÷ (equivalent units for the materials)

where,

Equivalent units would be

= Completed and transferred units + beginning work in progress units + additional units

= 25,000 + 110,000 + 30,000

= 165,000 units

And, all the other things would remain the same

= ($253,000 + $93,500) ÷ (165,000 units)

= $2.10

Since all the units are completed with 100% and we consider it same

7 0
3 years ago
Griffin has been a new manager for a couple of weeks. Over time, he realizes his team likes to socialize during meetings, which
Nikitich [7]

Griffin should report the recurring problem to employees via explanatory email that demonstrates the importance of meetings for organizational effectiveness. Create alternative methods of speech at meetings. Decrease meeting times when possible and focus on the most relevant points. Establish overtime socializing warning policies.

5 0
3 years ago
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In the current year, Mosely Company reported a net cash inflow from operating activities of $140,000. It also collected $10,000
balandron [24]

Answer:

$115,000

Explanation:

In calculating free cash flow the formula is stated below:

FCF=EBIT(1-tax rate)+depreciation and amortisation-changes in working capital-Capital Expenditure

In this scenarion only EBIT(earnings before interest and tax of $140,000) and capital expenditure are available.

By substituting the two known variables into the formula, the answer gives $115,000 as stated above.

8 0
3 years ago
In the current year, Don has a $55,000 loss from a business he owns. His at-risk amount at the end of the year, prior to conside
jeyben [28]

Answer:

False

Explanation:

It is false that In the current year, Don has a $55,000 loss from a business he owns. His at risk amount at the end of the year, prior to considering the current year loss, is $36,000. He will be allowed to deduct the $55,000 loss this year if he is a material participant in the business.

8 0
3 years ago
Read 2 more answers
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