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storchak [24]
3 years ago
7

Which sentence best completes the diagram?

Business
2 answers:
worty [1.4K]3 years ago
6 0

Answer:

Banks are more likely to borrow money.

Explanation:

Sauron [17]3 years ago
5 0

Answer:

The answer might be option no C

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Marigold Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y
ohaa [14]

Answer:

Dr cash      $ 2,473,500.00  

Cr preferred stock                                                       $ 2,425,000.00  

Cr  paid-in capital in excess of par-preferred stock $48,500

Dr cash                        $  3,422,000.00  

Cr preferred stock                                                       $ 2,900,000

Cr  paid-in capital in excess of par-preferred stock $522,000

Explanation:

The issue of preferred shares on Feb 1 would result in cash proceeds of $ $2,473,500.00   i.e (48,500*$51)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,425,000.00 (48,500*$50) and the remaining amount of $ 48,500.00   is credited to paid-in capital in excess of par-preferred stock.

The issue of preferred shares on July 1 would result in cash proceeds of  $3,422,000.00     i.e (58,000*$59)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,900,000.00   (58000*$50) and the remaining amount of $ 522,000.00    is credited to paid-in capital in excess of par-preferred stock

 

 

3 0
3 years ago
Nash's trading post, llc issues 2000 shares of $10 par value common stock at $11 per share. when the transaction is recorded, cr
Natasha2012 [34]

Answer:

Credit common stock by 20,000

Credit additional paid in capital by 20,000

Explanation:

The par value of the share are $10 per share the number of shares are 2000 so initially we will credit common stock by (2000*10) = 20,000

Then we will credit the additional paid in capital by (11-10)*(2,000) =2000 as it is the additional money that we are getting on the par value.

4 0
3 years ago
Decision Point: Your Final Meeting: RC Helicopter Piloting Radio controlled helicopter Your next client is Alan, who runs a high
hoa [83]

Answer:

Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market

Explanation:

You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.

8 0
3 years ago
If romeo wants to encourage more innovation among his​ employees, he should​ __________.
almond37 [142]
Romeo could do several things to encourage innovation for example by showing inventions created by other departments of his enterprise or by people in other companies either having the actual item or showing a video of it, and also by rewarding those who come up with new innovations with prizes for example. Of course, innovative ideas or better ways of doing things would also be encouraged.
8 0
3 years ago
Managers in businesses direct their activities toward earning money for their company and its owners, whereas managers in nonpro
ikadub [295]

Answer:

 b. generating some kind of social impact

Explanation:

Business ventures are established with a profit motive. The investor risks their resources, time, and efforts in the expectation of making profits.  The investor and his or her business manager employ their skills and experiences to ensure that the business is profitable.

Not-for-profit organizations are formed to provide a service to specific members, a section or entire society. They aim at improving the well being of the community by providing essential services. Not for profit organization offer free services or charge a minimum fee. They get funding from members or founders of the organization or may receive donations from institutions and the general public.

8 0
3 years ago
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