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eduard
2 years ago
5

What was the opening price of Coca-Cola on Jan 1, 1962?

Business
2 answers:
Helen [10]2 years ago
8 0

Answer:

6.5 oz glass

Explanation:

a pharmacist and former confederate soldier produced the first Coca cola syrup on May 1886. Although most soda fountain drinks cost seven or eight cents at the time(for a 6.5 oz glass)

agasfer [191]2 years ago
3 0

Answer:

I'm not 100 %sure but but I think 49 cents

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25,000 shares reacquired by Elixir Corporation for $53 per share were exchanged for undeveloped land that has an appraised value
Olegator [25]

Answer:

XX date. Acquisition of land in exchange for treasury stock.

Dr Land $1,550,000

    Cr Treasury Stock $1,325,000

    Cr Paid in Capital $225,000

Explanation:

Since the corporation uses the cost method, the transaction is recorded at purchase value regardless of current stock price.

treasury stock = 25,000 x $53 = $1,325,000

paid in capital = ($62 - $53) x 25,000 = $225,000

cost of the land = $1,325,000 + $225,000 = $1,550,000

7 0
3 years ago
What are some of the drawbacks from 2007 to 2009 you have encountered in your research for this discussion, why companies showed
Firdavs [7]

Answer:

Officially, the Great Recession lasted between December 2007 and June 2009, but it certainly seemed longer.

The economy crushed property and stock markets, destroyed $18.9 trillion of household wealth and destroyed over eight million jobs.

Explanation:

In December 2007, the Great Recession came to an end in June 2009, making the Great Recession the longest since World War II. The Great Recession was extremely extreme in a number of ways. Actual GDP decreased by 4.3% in 2009Q2, the biggest decline in the post-war era (based on the data of October 2013), as from its peak in 2007 Qu4. The figure was 4.3%. In December 2007, the unemployment rate was 5%, rising to 9.5% in June 2009 and a high of 10% in October 2009.

Simultaneously, the financial consequences of the Great Recession had outsized: the average home prices decreased by about 30 percent from the middle of 2006 to mid-2009, while the S&P 500 index decreased by 57 percent from its high in October 2007. Net values for US households and non-profit organizations dropped to $55 trillion in 2009, from a high of approximately $69 trillion in 2007.

7 0
3 years ago
What type of entrepreneurial activity would you engage in?
Elina [12.6K]
One that would be beneficial to myself and my family.
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3 years ago
An industrial oven and fryer is an example of which factor of production?
Ad libitum [116K]

Answer:

I believe this is C. capital

7 0
3 years ago
Read 2 more answers
Reba dixon is a fifth-grade schoolteacher who earned a salary of $38,000 in 2017. she is 45 years old and has been divorced for
dezoksy [38]
Explanation

a.

Alimony received: $1,200 per month × 12 months = $14,400

Gift from mother = $3,000 gift excluded from income

Disability insurance payments: $800 of $2,000 (40%) of payment excluded because taxpayer paid 40% of premium on insurance policy = $1,200

Moving expenses: $2,010 (for moving company) + $200 (for lodging) + $242 for mileage (1,426 miles × .17 cents per mile) = $2,452

Medical expenses: $6,445 − $6,385 [10% × (3)] = $60

Casualty loss deduction: $900 − $100 = $800 − $6,385 [10% × (3)] = $0

Personal and dependency exemptions: One personal and one for Heather. See Note A. below (2 × $4,050) = $8,100

Tax on taxable income: See head of household tax rate schedule; $1,335 + $4,955.70 [15% × ($46,388 − $13,350)] = $6,291

Note A. The first question we have to answer to determine Reba’s filing status is whether she can claim Heather as a dependent. If so, she may qualify for head of household filing status. If not, she will file a single taxpayer.

Does Heather qualify as Reba’s dependent? Yes, as analyzed below.

 

<span><span>TestIs Heather a qualifying child of Reba?</span><span>RelationshipYes, daughter</span><span>AgeYes, under age 24 and a full- time student (and younger than Reba).</span><span>ResidenceYes, Heather had the same principal residence as Reba for the entire year.</span><span>SupportYes. Heather did not provide more than half of her own support. Her scholarship does not count as support she provided for herself because she is Reba’s child.</span></span>

3 0
3 years ago
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