Some Like it Hot - It was directed and produced in 1959, but set in 1929 by Billy Wilder. It starred Tony Curtis, Marilyn Monroe, and Jack Lemmon. It opened to mainly positive reviews and has been ranked as highest film in American Film Institute's list of "100 funniest movies of all time." This film is especially renounced for it's use of cross-dressing, and its openness in the use of homosexuality. This saw the film produced without the permission of Motion Picture Production Code. The film's overbearing success contributed to demeaning such moral codes in film production. It was especially one of the last nails in the coffin of Hays Code.
Answer:
Explanation:
The journal entry to record the given transaction is shown below:
Cash A/c Dr XXXXX
To Common stock A/c XXXXX
(Being the issuance of the common stock is recorded)
The accounting equation is
Total Assets = Total liabilities + Stockholder equity
Cash Increased = No effect + Increased
Therefore, the cash account and the common stock is increased.
Answer:
C.51.63%
Explanation:
Gross profit percentage = Gross profit/ Net sales ×100
Gross profit $700,400
Net sales $1,356,504
Hence ;
$700,400/$1,356,504 ×100
=51.63%
Therefore the gross profit percentage is
51.63%
The annual percentage yield on Monty's default or penalty rate equals to 42.58%.
<h3>What is the meaning of APY?</h3>
APY is an acronym for Annual percentage yield.
The percentage yield referred to the real rate of return that is earned on an investment after taking into account the effect of compounding interest.
Given that the Visa card has an original default or penalty rate of 36%, the annual percentage yield on Monty's default or penalty rate equals to 42.58%.
Read more about annual percentage yield
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