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sukhopar [10]
3 years ago
7

What is stock exchange?​

Business
2 answers:
Novosadov [1.4K]3 years ago
7 0

A stock exchange is a facility where stock brokers and traders can buy and sell securities such as shares of stock and bonds and other financial instruments

zimovet [89]3 years ago
5 0

Answer:

a stock exchange is a facility where stock brokers and trader can buy and sell securities such as shares if stock and Bonds and other financial instrument .

hope this help you

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Type the correct answer in the box. Spell all words correctly. Fabian got into an accident on his way to work. He had multiple f
jeka57 [31]
Savings account is what would go in the blank.
7 0
3 years ago
Employers are least likely to help pay for at least a portion of which of the following employment benefits?
Liono4ka [1.6K]
Where are the following benefits?
6 0
3 years ago
The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below.
Mama L [17]

Answer:

Please see answers below

Explanation:

1. Prepare an income statement for the year ended, December 31, 2021

Fightin' Blue Hems Corporation, Income statement for the year ended, December 31, 2021.

Details

$

Service revenue

500,000

Salaries expense

400,000)

Rent expense

20,000)

Depreciation expense

40,000)

Interest expense

5,000)

Earnings for the year

35,000

2. Prepare a statement of stockholder's equity for the year ended, 31, December, 2021

Fightin' Blue Hens Corporation statement of stockholder equity for the year ended , December 31, 2021.

Details

$

Common stock

300,000

Retained earnings

60,000

Earnings for the year

35,000

Stockholder equity

395,000

3. Prepare a classified balance sheet as at 31, December

Fightin' Blue Hens Corporation, classified balance sheet for the hear ends, December 31, 2021.

Details

$

Fixed assets

Equipment

400,000

Accumulated depreciation

135,000

Net fixed assets

265,000

Current assets

Cash

12,000

Accounts receivables

150,000

Prepaid rent

6,000

Supplies

30,000

Total current assets

198,000

Current liabilities

Accounts payable

($12,000)

Salaries payable

(11,000)

Interest payable

(5,000)

Working capital

170,000

Long term liabilities

Notes payable (due in two years)

(40,000)

Net total assets

395,000

Financed by;

Common stock

300,000

Retained earnings

60,000

Earnings for the year

35,000

Stockholder equity

395,000

4 0
3 years ago
Coronado Company has recorded bad debt expense in the past at a rate of 1.5% of accounts receivable, based on an aging analysis.
boyakko [2]

Answer:

The cumulative effect of changing the estimate for bad debt expenses is $0.

Explanation:

Changes in accounting estimates are shown for the period of change and future period if the change affects future period also. These changes are not carried back to adjust prior years.

The cumulative effect of changing the estimated bad debt rate to 2% from 1.5 % will be shown only for 2020.

Increased bad debt expense in 2020 will be $108,400 when 2% rate was used.

If the new rate had been used in prior years, cumulative bad debt expense would have been $380,000 instead of $285,000. In 2020, bad debt expense will be $108,400 instead of $81,300.

Coronado’s tax rate = 30%  

So bad debt expense will increase by $108,400 and Allowance for doubtful accounts will increase by $108,400 in 2020.

But the cumulative effect of changing the estimated bad debt rate will be 0.

Change in bad debt expenses estimate is not retrospective also tax will not change due to changes in estimate.

Therefore, The cumulative effect of changing the estimate for bad debt expenses is $0.

7 0
3 years ago
Suppose that a group of manufacturing firms is asked whether orders for their product have increased, remained about the same, o
wariber [46]

Answer:

The answer is: The diffusion index of that group of manufacturing firms would be 0 (or remain the same if a previous diffusion index had been calculated)

Explanation:

A diffusion index is the common tendency within a group of numbers or statistics to either increase, decrease or remain the same.

The general formula for calculating the DI is:

Diffusion Index (DI) = (Increases−Decreases) + Previous DI Values

In this case, the diffusion index can be calculated by

     Diffusion Index (DI) = (% orders increased - % orders decreased)

     DI = 40% - 40% = 0

4 0
3 years ago
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