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I am Lyosha [343]
2 years ago
15

The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organiz

ing the corporation includes a credit to:________. a. Goodwill b. Organizational Expenses c. Cash d. Common Stock
Business
1 answer:
LenKa [72]2 years ago
3 0

Answer: D. Common stock

Explanation:

Common stock refers to the security which represents ownership in a corporation.

The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organizing a corporation includes a credit to the common stock.

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If an automobile manufacturer discovers a potentially hazardous defect in the product, the subsequent recall of the vehicles is
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<span>The United States Consumer Product Safety Commission, also known as CPSC, would be responsible for enforcing the recall on a defective vehicle. This is an independent federal agency that is responsible for protecting the people from risks or injuries that are unnecessary and could be prevented when it comes to consumer goods. This group was established by Congress in 1972.</span>
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3 years ago
What are some of the difficulties in measuring innate capacity and in measuring developed performance?
stira [4]

Answer:

Explained below.

Explanation:

There are some of the difficulties in measuring innate capacity and in measuring developed performance are as follows:

* Primarily we do not know precisely what innate abilities are or how to measure them so it is one of the difficulty while measuring innate capacities.

* And with the measurement of performance abilities, there is no single, all-inclusive performance criterion.

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3 years ago
Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on
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Answer:

$86 million

Explanation:

The computation of the net cash flows from operating activities using the indirect method is shown below:

Cash flows from operating activities

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Less: Gain on sale of equipment -$1 million

Less: Increase in account receivable -$3 million

Less: Increase in inventory -$3 million

Add: Increase in account payable $3 million

Net cash flows from operating activities $86 million

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3 years ago
If omar company applies overhead to jobs on the basis of direct labor hours and job 3 took 120 hours, how much overhead should b
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You multiply 3 by 120 to get $360 the answer is b. $360
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Your firm’s biggest client is coming to town today. You have been assigned the important task of showing him the town and being
melisa1 [442]

Answer:

Ethical dilemma

Explanation:

This scenario causes a situation of ethical dilemma or also known as ethical paradoxes or moral dilemma. In ethical dilemma both the available choices are wrong and are conflicting with each other the decision between right and wrong is ethics, but when such a situation arises the decision is to be taken by the person facing this ethical dilemma and his/her actions solely depends on the moral choices of the person and his/her views about ethics.

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3 years ago
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