Malcolm (37) is a U.S citizen

Under gaap, cash receipts from interest and dividends are classified as

zaharov [31]

<span>Under GAAP, cash receipts from interest and dividends are classified as operating activities. Operating activities are the main business activities for the company. The operating activities for the company are manufacturing, distributing, marketing and selling the product or service to consumers. </span>

7 0

3 years ago

Prepare a one page memo for your boss briefly summarizing how you concluded the meeting. More importantly, recommend to your bos

grigory [225]

Answer:

Memo for business promotion

Explanation:

To : Manager

From : Finance Officer

Subject : Actions for moving forward

The business meeting has been concluded successfully and minutes of the meeting is prepared in the document. The business needs to be moved forwards as there are many competitors entering in the market. The business need to focus on introducing new products which are demanded by the customer and allow some customization according to customer needs. The packaging of the products also needs to be revised as the presentation is also important for customer to make a buy decision. The business profits will increase and the sales will be high.

Further minutes of the meeting are attached with the memo.

Sign: Edward,

7 0

3 years ago

Refined Grains, Inc., is a Kansas-based firm that does business throughout the world. Refined Grains manages retail and wholesal

nadya68 [22]

Answer:

A) Commercial Transactions for the sale "of sonf" (should be AND) payment of goods.

Explanation:

The Uniform Commercial Code (UCC) was established to create a set of standard laws that can regulate interstate commerce. Since different states had various state laws that regulated commerce, it was difficult for companies to work without problems happening. Since the Constitution gave Congress the power to regulate interstate commerce, they set up the UCC that provides a standard legal framework for all the nation.

3 0

3 years ago

A company has total revenue of $50,000,000, cost of sales of $40,000,000, operating expenses of $5,000,000, and financing costs

bekas [8.4K]

Answer:

$30

Explanation:

Earning per share is calculated dividing Earning for the year excluding preferred dividend by outstanding number of shares.

Formula for EPS is as follow:

Earning Per share = ( Net Income - Preferred Dividend ) / Outstanding Numbers of shares

We need to calculate the net Income, which is calculated as below

Net Income = Revenue - Cost of Goods Sold - Operating Expenses - Financing costs = $50,000,000 - $40,000,000 - $5,000,000 - $2,000,000

Financing costs = $3,000,000

Placing Values in the formula of EPS

EPS = $3,000,000 / 100,000 shares = $30

8 0

3 years ago

ABC Corporation has declared a rights offering to stockholders of record on Friday, December 10th. Under the offer, shareholders

VashaNatasha [74]

Answer:

The value of a right is $1

Explanation:

10 rights are needed to buy 1 share at the price of $19

Value of total rights = $29 - $19 =$10

Value of a right = $\frac{10}{10}$ = $1

4 0

3 years ago