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3 years ago

Please help me with this accounting question

Business

1 answer:

valkas [14]3 years ago

8 0

Answer:

Shareholders that have a controlling interest often are able to direct the course of at least 50% of the outstanding shares of a given company plus one person or group owns a significant portion of it's voting shares, as not every deal that continues to give them majority voting power over the new entity.

Explanation:

I majored in Business

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According to the Census Bureau, in October 2016, the average house price in the United States was $27,258. 6 years earlier, the

krek1111 [17]

Answer:

Annual increase is $1,108.4

Explanation:

In 2016, average price was $27,258.6

In 2010, average price was $20,608

Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6

Annual average increase = $6650.6/6 = $1,108.4

5 0

3 years ago

Which of the following statements is false?

tangare [24]

I believe the In a limited liability partnership, all partners are limited partners

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2 years ago

Read 2 more answers

What is a short term benefit for a company to regulary keeping wages low

Tcecarenko [31]

The answer would be that the company can keep costs too a minimum.

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3 years ago

Read 2 more answers

Preparing the statement of cash flows Polk Street Homes had the following cash transactions for the month ended July 31, 2018.Ca

MrRissso [65]

Answer:

Explanation:

The preparation of the Cash Flows from three Activities - Direct Method is shown below:

Cash flow from Operating activities

Cash receipts:

Collections from customers $25,000

Less: Cash payments:

Rent -$500

Utilities -$2,000

Salaries -$1,500

Net Cash flow from Operating activities $21,000

Cash flow from Investing activities

Purchase of equipment -$25,000

Net Cash flow from Investing activities -$25,000

Cash flow from Financing activities

Issued common stock $13,000

Less: Payment of cash dividends -$4,000

Net Cash flow from Financing activities $9,000

Net Cash flow from Operating activities $21,000

Net Cash flow from Investing activities -$25,000

Net Cash flow from Financing activities $9,000

Net increase (decrease) in cash for the year is $5,000

Add: Cash balance, July 1, 2018 $14,000

Cash balance, July 31, 2018 $19,000

6 0

3 years ago

The distribution of income for Dismal is as follows: Number of Families Income 1,000 less than $10,000 2,000 between $10,000 and

RUDIKE [14]

Answer:

The correct answer is:

$20,000 (b.)

Explanation:

In order order to calculate the poverty line for Dismal, we will first of all calculate the total number of families in Dismal as follows:

from lowest to high income = 1,000 + 2,000 + 2,000 + 800 + 200 = 6,000

Next, we are told that the poverty rate = 50% = 0.05

Since the Total families = 6000

Therefore, number of poor families = 50% of 6,000 = 0.05 × 6000 = 3,000

Therefore 3,000 families are poor in Dismal

To determine the poverty line, we will count from the lowest earning families upwards until the 3,000th family. The highest income of the 3,000 families counted forms the poverty line. This is done as follows:

1,000 families = $10,000

2,000 families = $10,000 to $20,000

These two groups make up the first 3000 families, and the highest income in the group is $20,000.

Hence the poverty line of Dismal = $20,000

5 0

2 years ago