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IgorLugansk [536]
3 years ago
14

One year ago, you purchased 350 shares of Titan Wood Products for $63.17 per share. The stock has paid dividends of $.71 per sha

re over the past year and is currently priced at $68.22. What is your total dollar return on your investment?a. $2016.00b. $1891.75c. $1767.50d. $2083.20e. $1008.00
Business
1 answer:
Archy [21]3 years ago
6 0

Answer:

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Select the statements that are true.
o-na [289]
<h2>The first three options are right</h2>

Explanation:

Exchange rate:

  • The "price  or value of one country's currency" is exchanged for the price of "another country's currency value".
  • The exchange rate always varies. It gets updated everyday.
  • Exchange rates are calculated based on the value of "interest rate, trade, inflation, growth rate, employment and geopolitical conditions".
  • There are two ways in which currency value is determined. A floating value is identified by the open market.
  • We must travel to another country when we need more exchange rates.

4 0
3 years ago
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
Maru [420]

Answer:

Option E is the correct answer

5300$ is the correct answer.

Explanation:

Credit Sales = $800000

Uncollectible net sales = $800000*0.6% = $4800

Hence, balance in Allowance for uncollectible accounts after adjustment should be $4800 credit

Balance already in the account = $500 debit

Hence, adjustment required is $5300 credit

8 0
3 years ago
Manchester Company sells equipment on June 1, 2021, for $222,400 cash. Manchester incurred $1,280 of removal and selling costs o
drek231 [11]

Answer and Explanation:

The journal entries are as follows:

But before that the accumulated depreciation for 3 years is as follows:

Cost $400,000  

Less: Residual value $64,000

Depreciable cost $336,000

Divide by Useful life 10  

Annual Depreciation $33,600  

Accumulated depreciation for 3 years $100,800 ($33,600 × 3 years)

Now the journal entries are as follows:

a.

On June 1, 2021        

Depreciation expense $14,000 ($33,600 × 5 months ÷ 12 months)

       To Accumulated Depreciation $14,000

(Being depreciation expense is recorded)

On June 1,2021        

Accumulated Depreciation $114,800 ($100,800 + $14,000)

Cash $221,120 ($222,400 - $1,280)

Loss on Disposal $64,080

       To Equipment $400,000

(Being the disposal of an asset is recorded)

b.

On June 1, 2021        

Depreciation expense $14,000 ($33,600 × 5 months ÷ 12 months)

       To Accumulated Depreciation $14,000

(Being depreciation expense is recorded)

On June 1,2021        

Accumulated Depreciation $114,800 ($100,800 + $14,000)

Loss on Disposal $285,200 ($221,120 + $64,080)

       To Equipment $400,000

(Being the disposal of an asset is recorded)

7 0
3 years ago
Southwest Airlines and Carnival Cruises collaborated to market "fly and cruise" specials from major cities to Carnival's ports i
zheka24 [161]

Answer: Cross-promotion

Explanation:

Southwest airlines and Carnival cruises are engaged in a Cross-promotion, where the both companies services are used to promote to other.

Cross-promotion simply is a business concept, whereby a product/service is used to promote another product/service. An example is a soft drink production company promoting the consumption of their soft-drink products with snacks produced by a particular popular fast-food restaurant.

4 0
3 years ago
Herb Kelleher, founder and long-time chief executive officer of Southwest Airlines, was known for inspiring and motivating his e
marin [14]

Answer:

Interpersonal Skills

Explanation:

Interpersonal skill is the skill that connects one person with other due to the employee's behavior which helps him to get along with others. In other words, when we talk about interpersonal skills we are actually talking about the excellent way of interacting with people that results in better relation, respect, better job environment, motivation of employees, etc.

In this case, Herb Kelleher, the CEO has better relations with his company employees as he interact with the people well which is interpersonal skills.

8 0
3 years ago
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