Business, 17.12.2019 03:31, yukichaniscool8
Poole company began business on january 1, 2015. the corporate charter authorized issuance of 5,000 shares of
$1 par value common stock, and 4,000 shares of $8 par value, 6% cumulative preferred stock. none of the preferred shares were issued. on july 1, poole issued 1,000 shares of common stock in exchange for two years rent on a retail location. the cash rental price is $2,400 per month and the rental period begins on july 1. the correct entry to record the july 1 transaction will
a. increase cash, $57,600; decrease prepaid rent, $57,600
b. increase prepaid rent, $57,600; increase common stock, $57,600
c. increase prepaid rent, $57,600; increase common stock, $1,000; increase additional paid-in capital-- common, $56,600
d. increase prepaid rent, $57,600; increase common stock, $5,000; increase additional paid-in capital-- common, $52,600
Answers: 2
Business, 22.06.2019 05:30, amandajbrewerdavis
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
Business, 22.06.2019 09:50, winterblanco
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Business, 22.06.2019 10:40, emojigirl5754
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
Poole company began business on january 1, 2015. the corporate charter authorized issuance of 5,000...
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