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Lady bird [3.3K]
3 years ago
12

____ an business that is able to raise capital by selling shares on the stock market​

Business
1 answer:
Elina [12.6K]3 years ago
4 0

Answer:

public limited company

Explanation:

shares of public limited companies can be freely brought and sold on the sock market .

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On January​ 1, 2019, Commercial Equipment Sales issued $ 29 comma 000 in bonds for $ 21 comma 700. These are sixminusyear bonds
maxonik [38]

Answer:

$2,058.33

Explanation:

bond's face value = $29,000

bond's market value = $21,700

interest rate = 10%

n = 6 x 2 coupons = 12

discount on bonds payable = $29,000 - $21,700 = $7,300

discount amortized per coupon payment = $7,300 / 12 = $608.33

total interest expense = ($29,000 x 10% x 1/2) + $608.33 = $1,450 + $608.33 = $2,058.33

the journal entry to record the coupon payment in June 30,2019:

Dr Interest expense 2,058.33

    Cr Cash 1,450

    Cr Discount on bonds payable 608.33

8 0
3 years ago
Mervon Company has two operating departments: Mixing and Bottling. Mixing has 350 employees and Bottling has 350 employees. Indi
krok68 [10]

Answer:

Allocated administrative cost for mixing is $81000

And allocated administrative cost for for bottling is $81000

Explanation:

We have given total number of employs for mixing = 350

And total number of employs for bottling = 350

Administrative cost = $162000

So total number of employs = 350+350 = 700

So allocation base for mixing =\frac{350}{700}=0.5

So allocated amount for mixing = 0.5×$162000 = $81000

Allocation base for bottling = =\frac{350}{700}=0.5

So allocated amount for bottling = 0.5×$162000 = $81000

3 0
3 years ago
Tony's Deli has cash of $145, accounts receivable of $99, accounts payable of $219, and inventory of $413. What is the value of
grigory [225]

Answer:

the value of the quick ratio is 1.11 times

Explanation:

The computation of the value of the quick ratio is shown below:

Quick Ratio = Total Quick Assets ÷ Total current liabilities

= [Cash + Accounts Receivables] ÷ Accounts Payable

= [$145 + $99] ÷ $219

= $244 ÷ $219

= 1.11 Times

Hence, the value of the quick ratio is 1.11 times

4 0
3 years ago
HOW DOES GOVERNMENT PAVING ROADS AFFECT GDP<br> ?
ruslelena [56]
It effects how money is moved around the united states. They will hire more companies, such as contractors. Those contractors will hire other companies to do said work, they companies will hire workers. However it creates more jobs, and more government spending. 
7 0
3 years ago
Ariana'a bank statement shows a closing balance of $125.18. There are no outstanding checks or deposits. Her checkbook shows a b
arlik [135]

The answer is ATM fee in the amount of $2.75 or C.





HOPE THIS HELPS YOU

7 0
3 years ago
Read 2 more answers
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