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3 years ago

Talk about your experience as a leader of a team at school?

Business

2 answers:

Lera25 [3.4K]3 years ago

8 0

It was very good I lead them army of students at a football team

Kazeer [188]3 years ago

3 0

Answer:

ehhh its pretty lame ngl

Explanation:

but its also fun lol

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On June 30, 2011, Cole Inc., exchanged 3,000 shares of Stone Corp. $30 par value common stock for a patent owned by Gore Co. The

11Alexandr11 [23.1K]

Answer:

$135000

Explanation:

Cole should record the patent at $135000. The intangible asset is recorded at the price at which it was purchased. Net carrying value of $160000 in the books of seller is not useful.

At the time of purchase of intangible asset, the fair value of stone stock exchanged was $45.

So the patent cost is =

3000 shares × $45 per share = $135000.

Cole should record the patent at this value.

8 0

3 years ago

Consider the following abbreviated financial statements for Weston Enterprises:

Nadusha1986 [10]

Answer:

Weston Enterprises

a. 2018 2019

Owners' equity $3,187 $3,309

b. Change in net working capital for 2019 is $39.

c. The company sold $841 in fixed assets.

d. The cash flow from assets = ($2,544) + $841 = ($1,703)

e. Long-term debt paid off = $291.

f. The cash flow to creditors = 478 ($524 - 46).

Explanation:

Data and Calculations:

WESTON ENTERPRISES 2018 and 2019 Partial Balance Sheets

Assets Liabilities and Owners' Equity

2018 2019 2018 2019

Current assets $1,178 $1,263 Current liabilities $526 $572

Net fixed assets 5,707 6,023 Long-term debt 3,172 3,405

Owners' equity 3,187 3,309

Total $6,885 $7,286 Total $6,885 $7,286

WESTON ENTERPRISES 2019 Income Statement

Sales $15,490

Costs 7,171

Depreciation 1,387

Interest paid 404

2018 2019 Change

Current assets $1,178 $1,263 $85

Current liabilities $526 $572 46

Net working capital $652 $691 $39

Fixed assets:

Beginning balance 5,707

Additional purchase 2,544

Less depreciation 1,387

Balance after depre. 6,864

Ending balance 6,023

Asset sold 841

Long-term debt

Beginning balance 3,172

Additional debt 524

Debt paid off (291)

Ending balance 3,405

6 0

3 years ago

Opal Corporation, an accrual method, calendar year C corporation, was formed and began operations on July 1, 2019. The following

IceJOKER [234]

Answer:

The correct answer to the following question will be "$5427".

Explanation:

The given expenditures are:

Temporary director's as well as organisational meetings expenditures = $8000

Fee payable to either the incorporation province = $2000

Incident accountants for organisation = $3500

Legal resources and by-laws for writing the company charter = $4300

So that total qualifying expenses will be :

⇒ $17,800

Now,

Deduction regarding section 248 election:

Immediate expensing = $5000

Amortization = $\frac{(total \ qualifying \ expenses-immediating \ expensing )}{180\times 6}$

On putting the values in the above formula, we get

⇒ = $\frac{(17800-5000)}{180\times 6}$

⇒ = $ $427$

Hence the deduction on election regarding section 248 = $5,427

5 0

3 years ago

A student wanted to know the most effective way to grow bacteria in a lab. He conducted a descriptive investigation instead of a

likoan [24]

Answer:

C). A descriptive investigation usually does not involve much data collection to support a hypothesis.

Explanation:

The limitation of a descriptive investigation is that 'it lacks sufficient data to support the proposition.' A descriptive investigation does not test the validity of a truth or distinct methods of growing it or to make comparisons between them. It rather focuses only on describing in-depth instead of practically examining the validity of the fact and using it to supporting the claim made in the hypothesis, unlike an experimental investigation. Thus, option C is the correct answer.

7 0

3 years ago

Using the rule of 70, how many years will it take an investment to double if the return is 88 %? Round your answer to two decima

solong [7]

Answer:

It will take 8.8 years to double the investment given an interest rate of 8.8% annually.

Explanation:

Giving the following information:

Interest rate= 8.8%

The rule of 70 is a means of estimating the number of years it takes for an investment or your money to double. We will use the following formula:

Number of Years to Double= 70/Annual Rate of Return

Number of Years to Double= 70/8.8

Number of Years to Double= 7.95

It will take 8.8 years to double the investment given an interest rate of 8.8% annually.

7 0

3 years ago