1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nadya68 [22]
2 years ago
10

The following information is from Princeton Company's comparative balance sheets.

Business
1 answer:
allochka39001 [22]2 years ago
6 0

Answer:

cash received = $ 240,000

Explanation:

On calculating the common stock $10 par

Beg. balance - $ 118,000

                      $6,000      - Issuance of common stock

Thus the ending balance = $124,000

On calculating the paid in capital in excess of par

Beg. balance - $ 351,000

                      $ 234,000 - Issuance of common stock

Thus the end balance - $ 585,000

Therefore,

The cash received - $ 240,000

You might be interested in
Suppose that a risk-free investment will make three future payments of $100 in one year, $100 in two years, and $100 in three ye
olya-2409 [2.1K]

Answer:

The answer is $ 257.70

Explanation:

PV= Σ  of  discounted payments

PV = 100(1.08^-1) + 100(1.08^-2) + 100(1.08^-2)= <u>$ 257.70</u>

7 0
3 years ago
Ifre chapter 1, conceptual multiple
geniusboy [140]

Answer:

Explanation:

When the future revenue producing ability of the inventory is above its original cost the

companies should reports their inventory value with LCNV method.

5 0
2 years ago
A writer, an illustrator, a publisher and an agent would form a ______. a. functional team b. cross-functional team c. managemen
tresset_1 [31]

A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.

<h3>What is a Cross-functional team?</h3>

This means the groups of people from various departments in an organization that work together to achieve a common goal.

Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.

Therefore, the Option B is correct.

Read more about Cross functional team

<em>brainly.com/question/7628770</em>

6 0
2 years ago
Pharoah Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,600 Purchase of treas
Alla [95]

Answer:

See below

Explanation:

The computation of net cash provided is seen below

Proceeds from issuance of common stock

147,900

Less:

Purchase of treasury stock

($40,100)

Less:

Dividend payment

($89,600)

Less:

Retirement of bonds

($110,000)

Cash flow used by financing activities

($91,800)

3 0
3 years ago
Ancient egyptian clothing is comprised almost completely out of one variety of fiber/textile. which one?
prisoha [69]

Ancient Egyptian clothing is comprised almost completely out of one variety of <u>textile</u>

  • Ancient Egyptians used linen-based clothes. Fabrics that are light and cool, like linen, are useful in hot climates like Egypt's. The flax plant's fibres were used by the Egyptians to make linen. The fibres were spun by workers into thread, which was subsequently weaved on looms into linen cloth.
<h3><u>What did Egyptians use as textiles?</u></h3>
  • Although wool was occasionally used in Egyptian textiles throughout the Dynastic Era (3100 BCE–300 BCE), linen predominated. (Silk and cotton were only added later.) Three primary categories of linen were produced: smooth cloth, thin cloth, and royal or fine linen.

To Learn more about Ancient Egyptian , Click the links

brainly.com/question/19818729

#SPJ4

3 0
9 months ago
Other questions:
  • Why is it important to include a persons title when developing a reference sheet?
    12·2 answers
  • An inexperienced accountant for Marigold Corp. showed the following in the income statement: income before income taxes $432,000
    6·1 answer
  • The term monopoly refer most specifically to
    10·1 answer
  • On January 1, 2017, the ledger of Accardo Company contains the following liability accounts.
    5·1 answer
  • In a(n) ________, two or more firms work together to create a new business entity that is legally separate and distinct from eit
    11·1 answer
  • Is it 50 hours in a day ?
    10·2 answers
  • Due to the impact that sudden events could have in the value of bonds, event risk covenants, or provisions, are included in the
    11·1 answer
  • A lottery claims its grand prize is $10 million, payable over 20 years at $500,000 per year. If the first payment is made immedi
    11·1 answer
  • The Draper Company is considering dropping its Doombug toy due to continuing losses. Revenue and costs data on the toy for the p
    11·1 answer
  • When wages per unit of time go up but flow rate stays the same, what happens to the costs of direct labor
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!