Business, 25.04.2020 01:04, nockturnal1993
The following balances were taken from the books of Waterway Corp. on December 31, 2020. Interest revenue $87,900 Accumulated depreciation—equipment $41,900 Cash 52,900 Accumulated depreciation—buildings 29,900 Sales revenue 1,381,900 Notes receivable 156,900 Accounts receivable 151,900 Selling expenses 195,900 Prepaid insurance 21,900 Accounts payable 171,900 Sales returns and allowances 151,900 Bonds payable 101,900 Allowance for doubtful accounts 8,900 Administrative and general expenses 98,900 Sales discounts 46,900 Accrued liabilities 33,900 Land 101,900 Interest expense 61,900 Equipment 201,900 Notes payable 101,900 Buildings 141,900 Loss from earthquake damage 151,900 Cost of goods sold 622,900 Common stock 501,900 Retained earnings 22,900 Assume the total effective tax rate on all items is 20%. Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year.
Answers: 2
Business, 21.06.2019 19:50, kennrecklezz
Which of the following best explains why treasury bonds have an effect on the size of the money supply? a. the amount of treasury bonds in circulation affects both unemployment and inflation. b. the government can spend more money and charge lower taxes by using treasury bonds. c. the federal reserve bank can buy and sell these bonds to raise or lower bank deposits. d. the interest paid on treasury bonds influences the interest rates charged by private banks. 2b2t
Answers: 1
Business, 22.06.2019 01:00, biggs113056
Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?
Answers: 2
Business, 22.06.2019 19:30, ssiy
Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.
Answers: 2
The following balances were taken from the books of Waterway Corp. on December 31, 2020. Interest re...
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