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expeople1 [14]
3 years ago
6

Inventory records for Marvin Company revealed the following:

Business
1 answer:
motikmotik3 years ago
8 0
"8.60" (and any subsequent words) was ignored because we limit queries to 32 words.
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Complete the sentence. When a firm is producing a given output at the least possible​ cost, _______. A. it has no incentive to i
riadik2000 [5.3K]

Answer:

D

Explanation:

I think on its long run average cost,a firm will be producing at it lowest cost price(CP)

7 0
3 years ago
On January 1, Puckett Company paid $1.6 million for 50,000 shares of Harrison's voting common stock, which represents a 40 perce
Studentka2010 [4]

Answer:  the correct answer is $1,724,000

Explanation: $560,000 x 0.40= 224,000  (net income times percentage of Harrison's voting common stock)

$2/ share x 50,000= (100,000)  (the company paid 2$ dollars per share and there are 50000 shares)

1.6 million + 224,000 - 100,000= $1,724,000

6 0
3 years ago
If sixty $1,000 convertible bonds with a carrying value of $70,000 are converted into 9,000 shares of $5 par value common stock,
Vinvika [58]

Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $60,000

Premium on bonds payable A/c Dr $10,000

           To Common stock A/c $45,000

           To Paid in capital in excess of par A/c $25,000

(Being the conversion of bonds is recorded)

The computation is shown below:

For bonds payable

= sixty $1,000 convertible bonds

That means

= 60 × $1,000

= $60,000

For Premium on bonds payable:

= $70,000 - $60,000

= $10,000

For Common stock:

= 9,000 shares × $5

= $45,000

And, the remaining balance is credited to paid in capital in excess of par

6 0
4 years ago
If your sevis record is terminated for unauthorized withdrawal or failure to enroll. How long can you remain in the u. S. ?.
atroni [7]

Students terminated for Authorized early withdrawal have 15 days to depart.

<h3>What is Students terminated?</h3>

A record that has been canceled in the Student and Exchange Visitor Information System (SEVIS) may indicate that the nonimmigrant no longer has F or M status. F-1/M-1 students and/or F-2/M-2 dependents who do not maintain their status are typically terminated by designated school officials (DSOs).

With an expired I-20, you will be unable to reenter the United States. All working privileges have been revoked. Any type of employment after the specified termination date is prohibited. Employers who hire an illegal worker may face serious sanctions.

If the DSO does not enroll the student within 90 days of the Next session start date, the system automatically terminates the record. When a student fails to reenroll after the enrollment deadline for the term has passed.

To know more about Students terminated follow the link:

brainly.com/question/24360512

#SPJ4

8 0
2 years ago
Assume that on July 1, Jerome, Inc., paid $100,000 to buy Potter's 8 percent, two-year bonds with a $100,000 par value. The bond
Alinara [238K]

Answer:

Dr Potter's 8% Bonds 100000

Cr Cash 100000

Dr Cash 4000

Cr Interest from Bonds 4000

Explanation:

Preparation of the journal entry to Complete the necessary December 31 entry to record

July, 1

Dr Potter's 8% Bonds 100000

Cr Cash 100000

(Being 8% Bonds purchased)

December, 31

Dr Cash 4000

Cr Interest from Bonds 4000

(100,000*8%*1/2)

(Being Interest received on 8% Bonds)

5 0
3 years ago
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