When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from:

Answers

Answer 1

Complete Question:

When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from:

Group of answer choices

A. showing past performance

B. using a paid testimonial

C. using illustrative performance charts

D. using the term "investment counsel"

Answer:

B. using a paid testimonial.

Explanation:

When preparing an advertisement, an investment adviser whose principal business is rendering advice to customers about securities, is prohibited from using a paid testimonial by the Securities and Exchange Commission Act.

A paid testimonial can be defined as a written or verbal statement made by an individual for the affirmation of good quality, performance and value of a product such as a stock.

Generally, a paid testimonial endorses an investment adviser but may not be a true reflection of his or her performance in stocks trading and that would negatively impact the customers.


Related Questions

Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Inventory Ending Inventory Raw material* 56,000 66,000 Finished goods 96,000 66,000Three pounds of raw material are needed to produce each unit of finished product.If Paradise Corporation plans to sell 560,000 units during next year, the number of units it would have to manufacture during the year would be:a) 504,000 unitsb) 560,000 unitsc) 590,000 unitsd) 530,000 units

Answers

Answer:

Production= 530,000 units

Explanation:

Giving the following information:

Beginning Inventory= 96,000

Ending Inventory= 66,000

Sales= 560,000 units

To calculate the production required, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 560,000 + 66,000 - 96,000

Production= 530,000 units

A joint venture is an attractive way for a company to enter a new industry when:________.
A) the pool of attractive acquisition candidates in the target industry is relatively small.
B) it needs better access to economies of scope in order to be cost-competitive.
C) the industry is growing slowly and adding too much capacity too soon could create oversupply conditions.
D) the firm has no prior experience with diversification and the industry is on the verge of explosive growth.
E) the opportunity is too risky or complex for a company to pursue alone or when a company lacks some important resources or competencies and needs a partner to supply them.

Answers

Answer:

Correct Answer:

E) the opportunity is too risky or complex for a company to pursue alone or when a company lacks some important resources or competencies and needs a partner to supply them.

Explanation:

A joint venture is a process by which two or more company come together by pooling resources together in-order to venture into a business which they have common interest in.

Analytical tools and decision-making framework models are essential in the business leader toolbox to move an organization forward in refreshing the vision and associated strategies to achieve that vision. In order to sustain the change initiative, what are some actions necessary to prevent initiative decay

Answers

Answer:

The correct answer to the question in the attached image below is;

Option A and B.

Explanation:

In the image attached, it shows that the change has to be sustainable. The change initiative should be such that it works on its own and becomes part of the routine operations. Also, ability to develop capacity for easier improvement is another action necessary to prevent initiative decay.

Grey Wolf, Inc., has current assets of $2,090, net fixed assets of $9,830, current liabilities of $1,710, and long-term debt of $4,520. a. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. How much is net working capital? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Answers

Answer and Explanation:

The computation is shown below:

1. Before computing the stockholder equity first we have to determine the total assets and the total liabilities which is shown below:

As we know that

Total Assets = Current Assets + Net Fixed Assets

= $2,090 + $9,830

= $11,920

Now

Total Liabilities = Current Liabilities + Long-term Debt

= $1,710 + $4,520

= $6,230

So,

Stockholders’ Equity = Total Assets - Total Liabilities

= $11,920 - $6,230

= $5,690

2. The net working capital is

Net Working Capital = Current Assets - Current Liabilities

=  $2,090 - $1,710

= $380

A business tenant pays 2% of his total gross sales volume as rent, with a minimum base rental of $1,000 per month. In the past year, his sales totaled $435,000. How much rent did he pay?

Answers

Answer:

$12,000

Explanation:

Calculation for the amount of rent he paid.

First step is to calculate his sales amount for the year using this formula

Sales = Percentage of total gross sales volume× Sales amount

Let plug in the formula

Sales =2%×$435,000

Sales=$8,700

Second step is to calculate his minimum base rental using this formula

Minimum base rental = Numbers of month × Monthly payment

Let plug in the formula

Minimum base rental= 12 months ×$1,000 per month

Minimum base rental=$12,000

Based on the calculation his minimum annual base rent will be $12,000 which is higher than tha amount of $8,700 which means that the tenants paid the amount of $12,000.

Therefore the amount he paid for his rent will be $12,000.

Purchases in May were $65,000​, while expected purchases for June and July are $75,000 and $93,000​, respectively. All purchases are paid ​% in the month of purchase and ​% in the following month. At what amount are June payments for purchases​ budgeted?

Answers

Answer:

$61,000

Explanation:

The computation of June payments for purchases budgeted is shown below:-

June payments for purchases budgeted = Purchase of June × Purchase percentage + May purchase × Percentage of the following month

= $75,000 × 25% + $65,000 × 65%

= $18,750 + $42,250

= $61,000

Therefore for computing the June payments for purchases budgeted we simply applied the above formula.

Crowder Company acquired a tract of land containing an extractable natural resource. Coronado is required by its purchase contract to restore the land to a condition suitable for recreational use after it has extracted the natural resource. Geological surveys estimate that the recoverable reserves will be 2560000 tons, and that the land will have a value of $1080000 after restoration. Relevant cost information follows:
Land $9,000,000
Estimated restoration costs 1,500,000
If Crowder maintains no inventories of extracted material, what should be the charge to depletion expense per ton of extracted material?extracted material?
A. $1.90
B. $2.10
C. $1.60
D. $1.80

Answers

Answer:

Depletion expense per ton = $3.68

Explanation:

Calculation of Total Cost

Total cost = Land + Estimated restoration costs

Total cost = $9,000,000 + 1,500,000

Total cost = $10,500,000

The depletion expenses of Crowder Company is as calculated below:

Depletion expense per ton = (Asset cost - Residual value) / No of unit depletion

Depletion expense per ton = $10,500,000 - $1,080,000 / 2,560,000 tons

Depletion expense per ton = $9,420,000 / 2,560,000 tons

Depletion expense per ton = $3.68

Havermill Co. establishes a $330 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on th merchandise inventory, and $30 for miscellaneous expenses. The october i, the accountant determines that the fund should be increased by $66. The journal entry to record the reimbursement of the fund on September 30 Includes a:_______
a) Debit to Office Supplies for $81.
b) Credit to Merchandise Inventory for $153
c) Credit to Cash for $330.
d) Debit Petty Cash for $264.
e) Credit to Cash for $66.

Answers

Answer: a) Debit to Office Supplies for $81.

Explanation:

Office Supplies of $81 were used in the month of September. When replenishing the fund, this asset will be accounted for by being debited and cash will be credited to reflect the reason the cash account is being reduced.

The Journal entry for the replenishment will be;

DR Office supplies Account ......................................$81  

DR Merchandise inventory Account ........................$153  

DR Misc. expense Account........................................ $30  

CR Cash account ......................................................................$264

Which of the following is NOT a good way to build a relationship during an interview?
a. Stay close to the script so you don't waste the respondent's time with small talk.
b. Smile, even during phone interviews.
c. Share a common interest to help break the ice.
d. Quietly accept opinions that you don't share with your interviewee.

Answers

Answer:A

Explanation: maybe

If a person sticks to the script, he will not waste the participant's time, which is a good way to create a correlation throughout an interview.

What is the relevance of interview?

When conducted in good order, an interview lets the leader determine whether an applicant's accomplishments, education, and personality match the job's requirements.

If a person loco motes the script, he will not utilize the time of the associates, which is a great mode to create a connection throughout an interview.

Therefore, option A is correct.

To learn more about the interview, refer to:

https://brainly.com/question/15128068

#SPJ2

Weight Return Bonds (Lehman Brothers Index) 50 % 5 % Stocks (S&P 500 Index) 50 % 15 % The total excess return on the Aggie managed portfolio was

Answers

Please see full question attached

Answer:

Option C: 4%

Explanation:

Asset allocation simply means the investors allocation of resources in acquiring a mix of assets for his portfolio that produce the best risk-return balance based on investors objectives or profile

Excess return is the excess return from an investment over another investment used in comparison usually a risk free investment such as a treasury bill

Here we will try to determine the asset allocation's contribution to the excess return.

Contribution of asset allocation across markets to total excess return is calculated by the formula =

Weight of bonds - Weight of Lehman's brothers index(bemchmark) for bonds x Lehman brothers index(benchmark) return of bonds + Weight of stocks - Weight of S&p 500 index(benchmark) for stocks x s &p 500 (benchmark)return for stocks

= (0.10 - 0.50) x 0.05 + (0.90 - 0.50) x 0.15

= 4%

Bruner Stores wants to have 900 shovels in ending inventory on December 31. Budgeted sales for December are 2,500 shovels. The November 30 inventory was shovels. How many shovels should Benson Stores purchase for​ December?

Answers

Answer: 2,900 shovels

Explanation:

Ending Inventory = Beginning Inventory + Total Inventory Purchased - Sales

900 = 500 + Total produced - 2,500

Total Purchased  = 900 + 2,500 - 500

Total purchased = 2,900 shovels

NB; There was no beginning balance in your question so I gave a random figure of 500 units. Use the equation if the figure is different.

What would be the best answer

Answers

Answer:

D. Logical fallacies are unethical because they use logic to emphasize falsehood.

Explanation:

A logical fallacy is reasoning or error of argument which is logically incorrect and renders the validity of an argument invalid.

There are types of logical fallacies such as Ad Hominem, Straw man, etc.

Logical fallacies are easily identified because they usually lack evidence to support their claim.

When something is said to be unethical, it means that it is morally wrong.

Therefore, the false statement from the list is that logical fallacies are unethical because they use logic to emphasize falsehood.

A firm operates in manufacture of lysine for industrial use. Lysine sells in a perfectly competitive industry for $35.00 per ton produced. The costs of raw materials such as sugars, water, gas and electricity and labor average to $29.00 per ton. These costs can be avoided by shutting down. The cost of the lease on machinery, the building, and the shipping vehicles average an additional $8.50 per ton; costs that would take a longer time to terminate based on the long-term contracts involved. Based on this information, what is the best course of action for the firm?

Answers

Answer:

Continue the production of Lysine until the cost of leasing machinery, the building, and the shipping vehicles becomes avoidable.

Explanation:

We will use relevant costing here to assess whether we must close the production of Lysine or not.

According to relevant costing principles if the cost is relevant then it must satisfy following conditions:

Must be cash flow in nature.Must be Future related (no past commitments).Differential or must be incremental

Clearly cash would be used here and the cost or income arising must not be linked to the past bindings, it must be future related. The third condition is very interesting here, the concept of differential.

A differential cost will arise if we take the decision (closing down production of Lysine), and it will not arise if we don't take the decision (closing down production of Lysine).

All the variable costs will be relevant which means that variable cost of $29 per ton is relevant. Variable costs are also known as avoidable cost which means unavoidable costs will not be relevant here.

Here, unavoidable costs are $8.5 per ton and are unavoidable.

Hence

Contribution per unit generated = $35 per ton - $29 per ton = $6 per ton

This means if we close the production of Lysine then we will suffer a loss of $6 per ton

Hence the company must continue producing Lysine until it is able to avoid cost of $8.5 per ton. In which case, the cost will become relevant and the decision will be altered to stop production.

Mathematically, (If $8.5 per ton becomes avoidable in future)

Contribution = $35 per ton - $29 per ton - $8.5 per ton = Loss of $2.5 per ton

Best Course of Action:

Continue the production of Lysine until the cost of leasing machinery, the building, and the shipping vehicles becomes avoidable.

Kindly don't forget to rate the question.

Taylor's stock has plummeted in value and is currently priced at $5 a share. The firm prefers the price exceed $10 a share and thus has decided to do a reverse stock split. However, when it does this, the firm wants the stock price increased to at least twice its preferred minimum as it is concerned the price will fall further. Which one of the following stock split ratios is most appropriate for this situation?
A. 1-for-3
B. 1-for-4
C. 2-for-7
D. 4-for-1
E. 7-for-2

Answers

Answer:

D

Explanation:

a reverse stock split is the opposite of a stock split. A reverse stock split reduces the number of shares outstanding.

It is usually done when it is perceived that the stock of a company is undervalued.

In a 4-for-1 split, for every four shares owned by a shareholder, it becomes one. So if a shareholder has 1000 shares at a price of $5, it becomes 1000/ 4 = 250 the shareholder owns. Prices becomes $5 x 4 = $20. this is at least twice its preferred minimum of $10.

A. 1-for-3

B. 1-for-4

C. 2-for-7

are examples of stock splits and not a reverse stock split.

In a  7-for-2, f a shareholder has 1000 shares at a price of $5, price becomes $5 x (7/2) = $17.50

This is not at least twice its preferred minimum of $10.

The following information pertains to United Ways, a private voluntary health and welfare organization, for the year ended December 31, 20X3. Balances in net assets at January 1, 20X3: without Donor Restrictions $ 3,013.888 With Donor Restrictions 11, 19.688 The following transactions occurred during the year ended December 31, 20X3:
1. Received cash donations of $519,000 from donors who did not place any time or purpose restrictions on them.
2. Received $1,003,000 of pledges from donors to be recelved in 20X4; It was estimated that 6 percent of the pledges would not be collected. Donors did not place any restrictions on the use of their pledges.
3. Earned Investment Income of $206.000 on endowment Investments that donors permanently restricted for research activities.
4. Designated $230,000 of the $515,000 of cash donations received In 20X3 for computer acquisitions.
5. Spent $152.000 of the $206,000 of Investment Income earned on endowment Investments on research during the year ended December 31, 20X3. (This amount is included in the $250.800 for research expenses shown in the following table.)
6. Acquired $119,000 of equipment from donations made in 20x2 that donors had restricted for that purchase. The governing board of United Ways reports acquisitions of capital assets as unrestricted
7. Received donated audit services from the organization's accounting firm that would have cost $16,300.
8. Learned that the fair value of endowment Investments was $604,000 higher at the end of 20X3 than at the beginning. United Ways did not acquire or sell any endowment Investments during 20x3 and treats gains and losses on endowment Investments as permanently restricted.
9. Incurred program and supporting services expenses during 20x3 as follows (depreciation expense for 20x3 has been properly allocated to the functional expenses):
Research Public health education Community services Management and general (does not include the audit that was donated) Fund-Raising $250.888 191.888 150, 100 125,900 114,300 Required: Prepare a statement of activities in good form for United Ways for the year ended December 31, 20X3. (Negative values should be entered with a minus sign.)

Answers

Answer:

United Ways

Statement of Activities for the year ended December 31, 20X3:

Without Donor Restrictions

January 1, 20X3 balance          $ 3,013.888

Cash from donations                     519,000

Computer acquisition                  (230,000)

Transfer from restricted                 119,000

Equipment acquisition                  (119,000)

Program and supporting services expenses:

Fund-Raising                             ($250,888)

Public health education                (150,100)

Community services                    (125,900)

Management and general           (114,300)

December 31, 20X3 balance  $2,661,700     2,661,700

With Donor Restrictions

January 1, 20X3 balance           $1,119,688

Earned Investment Income         206,000

Research                                      (152,000)

Transfer to unrestricted              (119,000)

Other Research Expenses           (39,888)

December 31, 20X3 balance   $1,014,800       1,014,800

Donated audit services                 16,300

Audit Cost                                     (16,300)             0

Total Change in net assets                         $3,676,500

                       

Explanation:

a) Data and Calculations:

Balances in net assets at January 1, 20X3:

Without Donor Restrictions

January 1, 20X3 balance          $ 3,013.888

Cash from donations                     519,000

Computer acquisition                  (230,000)

Transfer from restricted                 119,000

Equipment acquisition                  (119,000)

Program and supporting services expenses:

Fund-Raising                             ($250,888)

Public health education                (150,100)

Community services                    (125,900)

Management and general           (114,300)

December 31, 20X3 balance  $2,661,700

Donated audit services           16,300

With Donor Restrictions

January 1, 20X3 balance           $1,119,688

Earned Investment Income         206,000

Research                                      (152,000)

Transfer to unrestricted              (119,000)

Other Research Expenses           (39,888)

December 31, 20X3 balance   $1,014,800

b) United Ways is not a profit-making organization.  It is guided by its missions.  Therefore, the terms “statement of activities” and “change in net assets” are used instead of “income statement” and “net income.”

On January 1, 2017, when the market interest rate was 14%, Luba Corporation issued bonds
in the face amount of $500,000 with interest at 12% payable semiannually. The bonds mature
on December 31, 2026.
Required:
Calculate the bond discount at issuance. How much of the discount should be amortized by the
effective interest method on July 1, 2017?
I am confused about how Discount is calculated? What table if any do I have to refer to.....
Face value is $500,000
Discount (52,970)
Selling Price of bond $447,030

Answers

Answer:

the bond discount = face value - market value

market value = PV of face value + PV of coupon payments

PV of face value = $500,000 / (1 + 7%)²⁰ = $129,209.50

PV of coupon payments = $30,000 x 10.594 (PV annuity factor, 7%, 20 periods) = $317,820

market value = $447,029.50

January 1, 2017, bonds are issued at a discount

Dr Cash 447,029.50

Dr Discount on bonds payable 52,970.50

    Cr Bonds payable 500,000

the discount amortization for first coupon payment = ($447,029.50 x 7%) - $30,000 = $31,292 - $30,000 = $1,292

July 1, 2017, first coupon payment

Dr Interest expense 31,292

    Cr Cash 30,000

    Cr Discount on bonds payable 1,292

What is Ezy MultiStores?

Answers

Answer:

This is a cloud based platform that allows you to create profit generating "Authority E commerce Affiliate stores"by letting you add products from major E commerce networks without any other approval hassles

Azzie cloud is built on an OMS software platform that empowers multinational while managing our own online stores we were often approached by companies

Oakleaf Manufacturing incurs costs of $75 ($67 variable and $8 fixed) to make a product that normally sells for $120. A customer offers to buy 4,200 units for $70 each. Assuming Oakleaf has adequate manufacturing capacity, it should

Answers

Answer:

Accept the offer because it will generate incremental net income of $12,600

Explanation:

If Oak accepts the offer, its incremental revenue would be;

4,200 × $70 = $294,000

Its incremental cost would be ;

4,200 × $67 = $281,400

Incremental net net income for the order would be ;

$294,000 - $281,400 = $12,600. Accept the offer.

Houston, Inc., planned and actually manufactured 200,000 units of its single product in 2017, its first year of operation. The variable manufacturing cost was $24 per unit produced. The variable operating (nonmanufacturing) cost was $9 per unit sold. Planned and actual fixed manufacturing costs were $600,000.Planned and actual fixed operating (nonmanufacturing) costs totaled $370,000. Houston sold 100,000 units of a product at $45 per unit.
Houston?s 2017 operating income using absorption costing is
(a) $530,000
(b) $230,000
(c) $600,000
(d) $900,000
(e) none of these

Answers

Answer:

(a) $530,000

Explanation:

Sales = 100,000 units for $45 per unit = $4,500,000

Less: Cost of Goods Sold

Cost of manufacturing = 100,000 units for $27 per unit = $2,700,000

Variable cost at $24 per unit

Fixed  [tex]\frac{600,000}{200,000} = 3[/tex] per unit

Gross income = $1,800,000

Less: Non Manufacturing Expense

Variable = 100,000 units at $9 per unit = $900,000

Fixed = $370,000

Total Non manufacturing expense = $1,270,000

Operating Income as per absorption costing = $1,800,000 - $1,270,000 = $530,000

Under absorption costing method everything expect the non manufacturing fixed expense are consumed on per unit basis, but fixed non manufacturing fixed expense are completely absorbed as are not incurred for manufacturing thus, not charged to finished goods but only to goods sold.

A high marginal propensity to expend will cause the multiplier to be smaller.
A. True
B. False

Answers

Answer:

False

Explanation:

The City of Waterman established a capital projects fund for the construction of an access ramp from the parking garage to the city’s office building to be used by individuals with disabilities. The estimated cost of the ramp is $213,000. On January 1, 20X2, a 10 percent, $154,000 bond issue was sold at 103 with the premium transferred to the debt service fund. At that date, the county board provided a $59,000 grant. After a period of negotiation, the city council awarded a construction contract for $186,000 on April 5, 20X2. The ramp was completed on August 8, 20X2; its actual cost was $193,000. The city council approved payment of the total actual cost of $193,000. In addition to the $193,000, the ramp was carpeted with all-weather material at a cost of $6,780. On November 3, 20X2, the city council gave the final approval to pay for the ramp and the carpeting. After all bills were paid, the remaining fund balance was transferred to the debt service fund.The City of Waterman established a debt service fund to account for the financial resources used to service the bonds issued to finance the ramp is $213,000. The 10 percent, $154,000 bond issue was sold at 103 on January 1, 20X2. It is a 10-year serial bond issue. The resources to pay the interest and annual principal will be from a property tax levy.Additional Information:1. The operating budget for 20X2 included estimated revenue of $37,100. Budgeted appropriations included $15,400 for principal, $15,400 for interest, and $4,300 for other items. The budget also included an estimated transfer in of $6,300 from the capital projects fund.2. The property tax levy was for $42,200 and an allowance for uncollectibles of $4,500 was established. Collections totaled $36,100. The remaining taxes were reclassified as delinquent and the allowance was reduced to $1,600. The bond premium was received from the capital projects fund.3. The current portion of the serial bonds and the interest due this year were recorded and paid. Other expenses charged to the debt service fund totaled $1,880, of which $1,400 was paid.4. The nominal accounts were closed.Required:a. Prepare entries for the debt service fund for 20X2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)b. Prepare a balance sheet for the debt service fund as of December 31, 20X2.c. Prepare a statement of revenues, expenditures, and changes in fund balance for the debt service fund for 20X2.

Answers

Answer:

The City of Waterman

Debt Service Fund:

1. Journal Entries:

Jan. 1, 20X2:

Debit Capital Projects Fund $154,000

Credit 10% Bonds Payable $154,000

To record the issue of a 10 percent, $154,000 bond sold at 103.

Debit Debt Service Fund $4,620

Credit Bonds Premium $4,620

To record the premium on the bond issue.

Debit Capital Projects Fund $59,000

Credit Grant from Country Board $59,000

To record the receipt of a grant.

April 5:

Debit Ramp Construction $186,000

Credit Contracts Payable $186,000

To record the award of construction contract.

August 8:

Debit Ramp Construction $7,000

Credit Contracts Payable $7,000

To record the additional cost of construction.

Debit Ramp Carpeting $6,780

Credit Contracts Payable $6,780

To record the award for carpeting the ramp.

November 3:

Debit Contracts Payable $193,000

Credit Capital Projects Fund $193,000

To record payment for ramp construction contract.

Debit Contracts Payable $6,780

Credit Capital Projects $6,780

To record payment for the ramp carpeting.

Debit Debt Service Fund $13,220

Credit Capital Projects Fund$13,220

To record the transfer of the balance to the debt service fund.

2. The City of Waterman Balance Sheet for the debt service fund as of December 31, 20X2:

Debt Service Fund:

Bonds Premium                $4,620

Capital Projects Fund     $13,220

3. The City of Waterman Statement of revenues, expenditures, and changes in fund balance for the debt service fund for 20X2:

Revenue from 10% Bonds Payable $154,000

Grant from Country Board                  59,000

Cost of Ramp construction              (193,000)

Cost of Ramp carpeting                       (6,780)

Fund Balance                                       13,220

Explanation:

The City of Waterman's general journal records the transactions that occur about the capital projects fund established by the City of Waterman in order to construct the access ramp from the parking garage to the city’s office building to be used by individuals with disabilities.  In the same way, the balance sheet and the statement of revenues, expenditures, and changes in fund balance state the debt service fund balance and the revenues and expenditures during the period.

Clara is setting up a retirement fund, and she plans on depositing $4,900 per year in an investment that will pay 8% annual interest. How long will it take her to reach her retirement goal of $61,189

Answers

Answer:

9 years

Explanation:

assuming that Clara will make her deposits at year end (ordinary annuity), we can use the future value of an annuity formula:

FV = annual payment x annuity factor

FV = $61,189annual payment = $4,900annuity factor = ?

annuity factor = $61,189 / $4,900 = 12.48755

using a future value annuity table and looking at the 8% interest column, the factor for 9 periods is 12.488.

August, Inc. had the following transactions in​ 2018, its first year of​ operations: Issued shares of common stock. The stock has par value of per share and was issued at per share. Issued shares of par value preferred stock at par. Earned net income of . Paid no dividends. At the end of​ 2018, what is total​ stockholders' equity

Answers

Answer:

A. $601,000

Explanation:

The numbers are missing, so I looked for a similar question:

August, Inc. had the following transactions in 2018, its first year of operations: Issued 21,000 shares of common stock. The stock has par value of $3.00 per share and was issued at $18.00 per share. Issued 1,100 shares of $170.00 par value preferred stock at par. Earned net income of $36,000. Paid no dividends. At the end of 2018, what is total stockholders' equity? A. $601,000 B. $250,000 C. $315,000 D. $565,000

Dr Cash 378,000

    Cr Common stock 63,000

    Cr Additional paid in capital 315,000

Dr Cash 187,000

    Cr Preferred stocks 187,000

Dr Income summary 36,000

    Cr retained earnings 36,000

Total stockholders' equity = $63,000 + $315,000 + $187,000 + $36,000 = $601,000

Accounts receivable $ 35,000 debit Allowance for uncollectible accounts 500 credit Net Sales 180,000 credit All sales are made on credit. Based on past experience, the company estimates that 0.6% of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared? Multiple Choice $2,500 $1,080 $1,775 $1,275 $1,500

Answers

Answer:

$1,080

Explanation:

Calculation for the amount that should be debited to Bad Debts Expense

Using this formula

Bad Debts Expense=Net Sales× Percentage of net credit sales uncollectible.

Let plug in the formula

Bad Debts Expense=180,000 credit×0.6%

Bad Debts Expense=$1,080

Therefore the amount that should be debited to Bad Debts Expense when the year-end adjusting entry is prepared will be $1,080

"A primary dealer buys Treasury Securities in a competitive bid at the weekly Treasury Auction. Settlement between the dealer and the Treasury occurs:"

Answers

Answer:

On issue date

Explanation:

A primary dealer buys Treasury Securities in a competitive bid at the weekly Treasury Auction. Settlement between the dealer and the Treasury occurs on issue date

Variability is found in every production operation, but most variability is cause by tolerating waste or by poor management. Group of answer choices

Answers

Answer: True

Explanation:

Variability simply occurs when there is a deviation from the process which has already been put in place to ensure the perfect and timely delivery of product.

Variability simply means problems ane.the.lesser the problem, the lesser the waste in the system. It should be noted that most variability is cause by tolerating waste or by poor management.

Why and how are customers a critical piece of the supply chain with regards to sustainability?

Answers

Answer:

To achieve a sustainable supply chain, a company has to address environmental, social, economic and legal concerns across its entire supply chain. By taking a holistic approach, this reduces waste and environmental footprint, while also improving labour conditions and health and safety — stopping worker exploitation.

21. Perry Inc.'s bonds currently sell for $1,150. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield

Answers

Answer:

7.39%

Explanation:

The Current Yield = Annual Coupon / Current Price *100

= $85 / $1150 * 100

= 7.391304348%

= 7.39%

Hence, the correct answer is 7.39%

Which of the following actions on the part of the Federal Reserve will result in a decrease in the money supply?
A. Buying government securities in the open market.
B. Increasing the reserve requirements on banks and depository institutions.
C. Decreasing the discount rate.
D. Increasing the amount of loans made to commercial banks.

Answers

Answer:

The answer would be  D. Increasing the amount of loans made to commercial banks. Hope this helps. If it does, please give brainliest.

Genesee Organics has just bought a new packing machine for its warehouse.
The total cost was $750,000. The CCA rate is 25%. What is the CCA for Year 2?

Answers

Answer:

CCA for year 2 is $164,062.50

Explanation:

Total cost of machine = $750,000

CCA rate = 25%

CCA in year 1 = (Total cost / 2) * CCA rate

CCA in year 1 = ($750,000/2)*0.25

CCA in year 1 = $93,750

For year 2, CCA = (Total cost - CCA in year 1) *CCA rate

For year 2, CCA = ($750,000 - $93,750)*0.25

For year 2, CCA = $164,062.50

Hence, CCA for year 2 is $164,062.50

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