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mash [69]
2 years ago
8

Q50 Four years ago, Ship Express purchased a mailing machine at a cost of $218,000. This equipment is currently valued at $97,40

0 on today's balance sheet but could actually be sold for $92,900. This is the only fixed asset the firm owns. Net working capital is $41,300 and long-term debt is $102,800. What is the book value of shareholders' equity
Business
1 answer:
Mila [183]2 years ago
8 0

word word word word word word word

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Lucid Company declared a property dividend of 37,000 shares of its investment in $1 par Polk Company common stock. The Polk stoc
SCORPION-xisa [38]

Answer:

Multiple choices are as follows:

a) $333,000.

b) $407,000.

c) $74,000.

The correct option is A,$333,000

Explanation:

The stock dividend is to be valued at the market price at the date of declaration.

The declaration date is the date the company made known its intention to reward the stockholders with free stocks instead of a cash dividend,using the market price of stock at declaration date,the stock dividend is valued thus:

Stock dividend=number of stock dividend*market price

number of stock dividend is 37000 shares

market price is $9(market price at declaration date)

stock dividend=37,000*$9=$333,000

5 0
3 years ago
if an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Associatio
sdas [7]

Answer: An unfair trade practice

Explanation:

Insurance guaranty associations are the organizations that help in the protection of the interest of the insurance policyholders in a case whereby there's insolvency on the part of the insurance company.

In a scenario whereby an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, this is not appropriate and should be termed to be an unfair trade practice.

8 0
2 years ago
Carla has applied for a loan. Which condition makes it likely that she will get an unsecured loan?A.She has a very good credit h
dangina [55]

Answer:

The correct answer is A

Explanation:

Unsecured loan is the kind of loan which is not attached to any kind of collateral. The assurance which is required from the lender that the person will repay the debt, which is the person creditworthiness and on the words of the person.

The unsecured loans involve the student loans as well as personal loans. And credit cards is also the another kind of unsecured credit, referred to as revolving credit, where the person borrow and repay the money monthly.

So, Carla applying for the loan, the condition which make the loan likely is that she has a good credit history, in order to get the unsecured loan.

5 0
3 years ago
Read 2 more answers
Explain three types of production technology defined by James D. Thomson and discuss what kind of structure (Mechanic Vs. Organi
bija089 [108]

Answer:

The three types of production technology defined by James D. Thomson are;

1. Long-linked technology

2 Mediating technology and,

3. Intensive technology.

Explanation:

James D. Thomson proposed that different types of technology would determine the organizational strategy used by some organizations. A Mechanistic structure is an organizational structure that requires a high degree of formalized and centralized activity. An Organic organizational structure is very dynamic and programmed to easily adapt to change. Three of the technology types proposed by him include;

1. Long-linked Technology- These are jobs that require an organized sequence. Task A is completed before task B and then Task C. They require formalization and an average level of complexity. An example is mass production of goods. It is an organic structure because changes can easily occur and it would therefore require dynamism.

2.Mediating Technology- These are jobs that unite the two different aspects of an organization, namely, the input and output units.  They require low complexity and high formalization. An example is in the banking industry where peoples input and output are simultaneously attended to. It is a mechanistic structure because it requires a very formal arrangement.

3. Intensive Technology- These are jobs that give specialized care to different types of problems. It can be found in the hospital setting. It requires high complexity and low formalization. It is a mechanistic structure because of the specialized care rendered and the high level of interdependence of the units involved .

6 0
2 years ago
The purpose of a(n) _____ is to obtain additional information on a candidate and to clarify information gathered throughout the
mario62 [17]

Answer: interview

Explanation:

During interview, a candidate is able to talk extensively about himself and achievements. By this, he is able to clarify a lot of things about himself

7 0
3 years ago
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