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Lady bird [3.3K]
2 years ago
11

Devonte is balancing his checking account. His account statement does not include a deposit of $107. 00 that he made on November

1st. What is Devonte’s actual account balance?.
Business
1 answer:
baherus [9]2 years ago
4 0
His checking is whatever he got the plus the outstanding deposit which is $107
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Glavine Company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of it
almond37 [142]

Answer:

                                                                                        $

Market value of common stocks   (6,000 x $25)  = 150,000

Market value of preferred stocks (9,000 x   $20) = 180,000

Market value of the company                                    330,000

Proceeds allocated to common stocks

= $150,000/$330,000 x $312,000

= $141,818

The correct answer is B

Explanation:

The market value of the company is the aggregate of market value of common stocks and market value of preferred stocks.The market value of each stock is equal to number of each stock outstanding multiplied by market price per share. Thus, the proceeds allocated to common stock equals the market value of equity divided by market value of the company multiplied by the lump sum.

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3 years ago
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Firlakuza [10]

Answer: The answer is $1,092,865.5426

To the nearest whole dollar, we have:

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Refer to the attached files below to see the calculations and how we arrived at the answer above.

8 0
3 years ago
Read 2 more answers
If the fixed costs for a product decrease and the variable costs (as a percentage of sales dollars) decrease, what will be the e
il63 [147K]

Answer:

Option (b) is correct.

Explanation:

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Now, if there is a decrease in the fixed costs and variable costs of the product then as a result contribution margin ratio increases because of the fall in variable cost.

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If there is an increase in the contribution margin ration and a reduction in the fixed expense then as a result break even point decreases.

Increased; Decreased

7 0
3 years ago
Que presion ejerce el deposito sobre el piso?​
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Answer:

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Explanation:

3 0
3 years ago
Without middlemen like Travelocity, Orbitz, and other travel Web sites, a consumer would have to check all airline Web sites in
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