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andrew-mc [135]

3 years ago

8

Event → An organized occasion such as a meeting, convention, exhibition, special event, gala dinner, and so on. An event is ofte

n composed of several different, yet
related, functions.

True

False

2 answers:

Zepler [3.9K]3 years ago

4 0

Answer:

true

Explanation:

WITCHER [35]3 years ago

4 0

It is true ! Hope this helps

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Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cum

emmasim [6.3K]

Answer:

$6,000

Explanation:

The computation of the dividend amount distributed to preferred shareholders is shown below:

= Number of non-cumulative preferred stock shares × par value per share × dividend rate

= 10,000 shares × $10 × 6%

= $6,000

In the case of the non-cumulative preferred stock, if there are dividend arrears, the same is not paid.

Simply we multiplied the preferred stock share by the par value and the dividend rate so that the estimated value can come

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2 years ago

When a person is authorized by the principal to transact all affairs in connection with a particular type of business or trade o

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Answer:

General agent

Explanation:

A general agent is a person that the principal authorises to perform transactions in relation to a part business on a certain place.

A general agent can perform all acts in relation to a business that has been assigned by the principal. For example in real estate when an agent performs property management functions for his client he is acting as a general agent.

On the other hand a special agent is one that is employed by a principal to perform a specific task or job and his scope of responsibility is limited to that job function.

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2 years ago

Sinclair Manufacturing Company experienced the following accounting events during its first year of operation. With the exceptio

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Answer:

Please see the attached image for the Horizontal Financial Statements of Sinclair Manufacturing Company.

Explanation:

5. FURNITURE - Straight Line Method

Book Value of Furniture = Cost of Acquisition - Residual Value

Cost of Acquisition = $9,600

Residual Value = $1,600

Book Value of Furniture = $9,600 - $1,600

Book Value of Furniture = $8,000

Useful Life = 4 years

Depreciation Expense = $8,000 / 4 years

Depreciation Expense = $2,000 per year

6. EQUIPMENT - Straight Line Method

Book Value of Equipment = Cost of Acquisition - Residual Value

Cost of Acquisition = $16,000

Residual Value = $1,000

Book Value of Furniture = $16,000 - $1,000

Book Value of Furniture = $15,000

Useful Life = 5 years

Depreciation Expense = $15,000 / 5 years

Depreciation Expense = $3,000 per year

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3 years ago

Managing economic exposure is generally perceived to be ____ managing transaction exposure. a. more difficult than b. less diffi

Anit [1.1K]

Answer:

the correct answer is a. more difficult than

Explanation:

Unlike Transaction exposure, economic exposure is difficult to predict and difficult to mitigate in an event of occurence, thus making it harder to manage than transaction exposure.

This is mainly because economic exposure can happen due to various macro economic factors and international political incidents.

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2 years ago

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What is the purpose of AH&LA ?

Kryger [21]

AH & LA was made to focus on the needs of every segment of lodging industry.

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