Answer:
(a)
Dr. Cash $2,630,000
Cr. Preferred Stock $2,147,000
Cr. Add-in-Capital excess of par preferred stock $483,000
Explanation:
Preferred stockholders has an advantage that they are paid first when there is any dividend is announced. The residual dividend will be divided into the common stockholders. Any prior years due dividend and current years dividend associated with preferred share will be paid first.
Par value = 113,000 x 19 = $2,147,000
Excess of par value = $2,630,000 - $2,147,000 = $483,000
Answer:
For USA
Opportunity cost of 1 ton of steel = 250 / 25 = 10 automobiles
opportunity cost of 1 auto mobile = 25 / 250 = 0.1 ton of steel
For Japan
Opportunity cost of 1 ton of steel = 275 / 30 = 9.17 automobiles
opportunity cost of 1 auto mobile = 30 / 275 = 0.109 ton of steel
Japan will produce steel and US will produce automobile
option D is correct answer
Explanation:
For someone, who is a manual laborer, when you look at the dermis of his hand you will see CALLUS.
Mechanical stress from manual work has the effect of accelerating the multiplication of the keratinocytes on the hands and this results in the formation of callus.
Because it might be a person trying to hack your info or it could be a predator.
Answer:
$155,000
Explanation:
Given that,
Service revenues in 2017 = $200,000
Credit sales for 2017 = $170,000
Company also paid cash for 2017 wages = $25,000
Wages for 2017 not paid yet in cash = $20,000
Therefore,
Net income for 2017:
= Service revenues in 2017 - Cash paid for wages - Wages not paid yet in cash
= $200,000 - $25,000 - $20,000
= $155,000
Hence, the company’s net income for 2017 is $155,000.