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Gnoma [55]
3 years ago
11

Mary jo spends $2,180 to buy stock in two companies. she pays $23 a share to one of the companies and $20 a share to the other.

if she ends up with a total of 100 shares, how many shares did she buy at $23 a share and how many did she buy at $20 a share?
Business
1 answer:
Dahasolnce [82]3 years ago
5 0
20was 40times. 23was 60times
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Objective and task.

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The budgeting method described in the question is called objective and task. It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.

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An employer pays $90 of a $100 group disability premium, and the employee pays the other $10. The disability benefit under the p
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the monthly benefit taxable income would be $900

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Illustrate the effects of each of the transactions on the accounts and financial statements of Snipes Company.
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Answer:

Snipes Company

Effects of each transaction on the accounts and the financial statements of Snipes Company:

                           Balance Sheet    Income Statement           Statement of

                                                                                                    Cash Flows

      Assets = Liabilities + Equity   Revenue - Expense = Profit

+ $18,250  =     0        + $18,250  + $18,250 - 0            + $18,250

Accounts receivable $18,250 Sales revenue $18,250

      Assets = Liabilities + Equity   Revenue - Expense = Profit

   -$10,000 =     0        - $10,000     0          - $10,000

Cost of goods sold $10,000 Inventory $10,000

      Assets = Liabilities + Equity   Revenue - Expense = Profit

  -$400             0           -$400          0         -$400              -$400 Operating activity

Transportation-out expense $400 Cash $400

Explanation:

a) Data and Analysis:

Accounts receivable $18,250 Sales revenue $18,250

Cost of goods sold $10,000 Inventory $10,000

Transportation-out expense $400 Cash $400

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