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Minchanka [31]
3 years ago
11

Who is your favorite character in the walking dead? mine is rick

Business
2 answers:
liubo4ka [24]3 years ago
7 0

Answer:

Carl Poppa

Explanation:

fomenos3 years ago
3 0

Answer:

do you watch riverdale?

pls dont report me im jus bored -_-

Explanation:

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Waupaca Company establishes a $350 petty cash fund on September 9. On September 30, the fund shows $104 in cash along with recei
mariarad [96]

Answer: Please see explanation for answers

Explanation:

Journal to record establishment of fund

Date                  Account titles and explanation            Debit     Credit

Sept 9                    Petty cash                                          $350

                              To Cash                                                                  $350

Journal to record the reimbursement of petty cash fund

Date                  Account titles and explanation            Debit     Credit

September 30    printing expenses                                 $40

                        Postage expense                                     $123

Miscellaneous expenses                                                 $80

Cash shortage - not accounted for                                   $3

                           To Cash                                                                      $246

Journal to show the increment of fund to $400

Date                  Account titles and explanation            Debit       Credit

October 1        Petty cash                                               $50              

                        To Cash                                                                       $50

Calculation : ($400 - $350)=$50

7 0
3 years ago
JackITs has 5.0 million shares of common stock outstanding, 1.0 million shares of preferred stock outstanding, and 20.00 thousan
Leya [2.2K]

Answer:

80.88; 7.80; 11.32

Explanation:

Common Stock:

Value = Number × Price

          = 5,000,000 × $28

          = $140,000,000

Preferred Stock:

Value = Number × Price

          = 1,000,000 × $13.50

          = $13,500,000

Bonds:

Value = Number × Price

          = 20,000 × $980

          = $19,600,000

Total value = $140,000,000+ $13,500,000 + $19,600,000

                   = 173,100,000

Weight of common stock = Respective Value ÷ Total Value

                                          = $140,000,000 ÷ 173,100,000

                                          = 80.88

Weight of preferred stock = Respective Value ÷ Total Value

                                          = $13,500,000 ÷ 173,100,000

                                          = 7.80

Weight of Bonds = Respective Value ÷ Total Value

                            = $19,600,000 ÷ 173,100,000

                            = 11.32

7 0
3 years ago
The relationship between financial leverage and profitability   Pelican​ Paper, Inc., and Timberland​ Forest, Inc., are rivals i
Fantom [35]

Answer:

Pelican​ Paper, Inc., and Timberland​ Forest, Inc.

Financial leverage and profitability ratios:

a) Debt Ratio = Total liabilities divided by Total assets x 100

Pelican = $1,000,000/$10,900,000 x 100

= 9.2%

Timberland = $5,500,000/$10,900,000 x 100

= 50%

Times Interest Earned Ratio = EBIT/Interest Expense

Pelican = $5,750,000/$100,000

= 57.5 times

Timberland = $5,750,000/$550,000

= 10.4 times

A discussion of their financial risk and ability to cover the costs in relation to each other:

C. ​Timberland's earnings will be more volatile. This additional risk is supported by the significantly lower times interest earned ratio of Timberland. Pelican can face a very large reduction in net income and still be able to cover its interest expense.

D. Timberland has a much higher degree of financial leverage than does Pelican. As a​ result, Timberland's earnings will be more​volatile, causing the common stock owners to face greater risk.

Explanation:

a) Data

Financial Statement Values:

Item                                Pelican Paper, Inc.     Timberland Forest, Inc.

Total assets                     $10,900,000                $10,900,000

Total equity (all common)  9,900.000                    5,400,000

Total debt                            1,000,000                    5,500,000

Annual interest                      100,000                       550,000

Total sales                       23,000,000                  23,000,000

EBIT                                    5,750,000                    5,750,000

Earnings available for

common stockholders      3,394,800                      3,174,000

b)  Creditors provide half of the finances and effectively own 50% of Timberland.  This contrasts with the debt ratio of Pelican, where creditors can lay claim to only 9.2% of the assets of the firm.  Furthermore, Pelican can settle its debts with current earnings 57.5 times, compared to Timberland's interest coverage of 10.4 times.

3 0
3 years ago
Devon would like to invest in bonds but he is only familiar with investing in stocks. What is the biggest difference between the
AfilCa [17]

Answer:

C bonds have fixed maturity dates

8 0
3 years ago
You have $5,000 to invest for the next year and are considering three alternatives:________.
denis-greek [22]
I think the answer to the question is C.
3 0
3 years ago
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