Answer:
correct option is b
Preferred Stock for $2,500,000 and Paid-in Capital in Excess of Par Value—Preferred Stock for $500,000
Explanation:
given data
issues = 50,000 shares
preferred stock = $50 par value
cash = $60 per share
Cash = $3,000,000
solution
here entry will be as
Journal Entry are
Cash = 50000 × $60 = $3000000
cash = $3000000 Dr
and
Preferred Stock = 50000 × $50 =
Preferred Stock = $2500000
so
Paid-in Capital in Excess of Par Value - Preferred Stock = 50000 × (60-50)
Paid-in Capital in Excess of Par Value - Preferred Stock = $500000 credit
so
correct option is b
Preferred Stock for $2,500,000 and Paid-in Capital in Excess of Par Value—Preferred Stock for $500,000
Answer:
2 years
Explanation:
The increase in yearly earnings is
= $39,746 - $21,484
=$18,262
Every year, extra earning is $18,262
the cost of education is $36,000
It will take =$36,000/$18,262 years to repay
=1.971 years
=2 years
Answer:
The correct answer is option b.
Explanation:
Inflation can be defined as a sustained increase in the general price level. Inflation causes the purchasing power of money to erode. The value of cash balances gets reduced.
This causes the real income of workers to get reduced as well. However, a worker will not be harmed by inflation if his/her employment contract includes a cost of living adjustment clause.
This clause will cause the payments made to the workers to increase if there is an increase in the cost of living index.
<span>Felicia would most likely be diagnosed with dysthymia. Her symptoms have similarities with the diagnosis on dysthymia. It is regarded as chronic depression. The symptoms are similar to depression, but it is less intense and it persists for a longer period of time. The keyword here is “for at least two years”. Dysthymia is usually diagnosed after two years of mild depression.</span>