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3 years ago

Define common stock.

2 answers:

5 0

Common stock is a security that represents ownership in a corporation. Holders of common stock elect the board of directors and vote on corporate policies.

kotykmax [81]3 years ago

5 0

Ownership.............

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Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $360,000 and credit sa

VARVARA [1.3K]

Answer:

Account titles and explanation Debit Credit

bad debt expense $16,800

allowance for d doubtful account $16,800

Explanation:

Aging of accounts =5% of accounts receivable

Which is 360,000 x 5% = 18,000 expected allowance

current balance before adjustment =1,200 credit

Adjustment = 18,000 - 1,200 = 16,800

Adjusting entry BY Tanning Company

Account titles and explanation Debit Credit

bad debt expense $16,800

allowance for d doubtful account $16,800

3 0

2 years ago

When is the only time to abbreviate on a job application? Question 3 options: In the Personal Information section In the Positio

Alexxandr [17]

Answer:

Availability Section

Explanation:

All the information in a job application needs to be very detailed and with little to no room for interpretation. This is because a job application is a one-time deal meaning you do not get to redo it once you turn it in. If the hiring manager does not understand something in the job application they will simply throw it away and pass on to the next application on the list, they will not waste time on it. Therefore, the only thing that can be abbreviated would be the Availability Section when dealing with days of the week. Instead of spelling out every day you can say any of the following...

Mon, Tue, Wed, Thu, Fri, Sat, Sun

Sat-Sun

Mon-Fri

8 0

2 years ago

Jerome is an elderly man who lives with his nephew, Philip. Jerome is totally dependent on Philip’s support. Philip tells Jerome

nasty-shy [4]

Answer:

Voluntary consent:

In the current case there exists an absence of the voluntary consent with respect to Mr Jerome because of over the top impact and coercion. Mr Jerome relies totally upon Mr Philip because of which the last could impact him. Mr Jerome can show that he didn't genuinely consent to the agreement so he can either hold fast to the agreement or pull back. Mr Philip had a great deal of impact over the old Mr Jerome and consequently could beat his free will. Under the current conditions the agreement was gone into under an excessive amount of impact and is voidable.

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3 years ago

How can a renter reduce the amount of money he or she spends on monthly

DIA [1.3K]

Answer:

Option C.

Explanation:

From the options given above, the correct way a renter can reduce their rent it to get a roommate or roommate. Getting just one roommate can help to reduce your basic living expenses by 30%.

This is achievable because various costs like rent, utilities, and even groceries can be shared among the roommates.

The only downside to this method is the lack of privacy that comes with having roommates. But in general, having roommates is a sure way for renters to spend less, or live in a nicer location.

4 0

3 years ago

Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 61,00

DanielleElmas [232]

Answer:

It is more convenient to produce in house.

Explanation:

Giving the following information:

Direct materials $ 4.00

Direct labor 8.00

Overhead 9.00

Total costs per unit $ 21.00

Direct materials and direct labor are 100% variable. The overhead is 80% fixed. An outside supplier has offered to supply the 61,000 units of RX5 for $19.00 per unit.

The fixed costs are unavoidable, therefore we will concentrate the analysis in the variable costs.

Make in house:

Unitary cost= 4 + 8 + (9*0.20)= $13.8

Buy= 19

Difference= 19 - 13.8= 5.2

It is more convenient to produce in house.

7 0

3 years ago

Define common stock.​

Define common stock.