Consumers spend _______ a year on credit card penalties and fees.

You purchased 200 shares of ABC stock on July 15th. On July 20th, you purchased another 100 shares and then on July 22st you pur

Mashutka [201]

Answer:

$330

Explanation:

The computation of the dividend income received as on July 31 is shown below:

where,

Total number of shares purchased is

= 100 shares + 200 shares

= 300 shares

And, the dividend per share is $1.10

So, the dividend income received is

= 300 shares × $1.10

= $330

We simply applied the above formula to determine the dividend income received

7 0

1 year ago

Which of the following are qualities of successful business writing? Check all that apply.

Fiesta28 [93]

Answer:

The correct answer is letter "A" and "C": Focused on the concerns of the audience; Purposeful.

Explanation:

Business writing is necessary when reports of the financial situation of the company are necessary to be shared. These types of writings are characterized for being objective and straight-to-the-point. Besides, they must be purposeful -which implies there is a major reason why they are being written, and audience orientated -cover the information the audience is requesting to know.

3 0

1 year ago

Pharoah Company just began business and made the following four inventory purchases in June: June 1 186 units $1290 June 10 248

kherson [118]

Answer:

Ending Inventory 2,092

Explanation:

PURCHASES

DATE QUANTY PRICE SUBTOTAL

1 186 $6.935484 $1,290.00

10 248 $7.78226 $1,930.00

15 248 $8.38710 $2,080.00

28 186 $8.81720 $1,640.00

Inventory on hand 260

Using FIFO we have to pick from the bottom of the table until reach 240 unit.

last line: June 28th 186 units total cost 1640

240 - 186 = 54 units

we need 54 more units so we go to next purchase

June 15th 54 units at 8.3810 = 542.034 = 542

Now we add to get total ending ivnentory

186 units 1640

54 units 452

Ending Inventory 2,092

5 0

2 years ago

Read 2 more answers

The following are nine technical accounting terms introduced or emphasized in this chapter. Responsibility margin Transfer price

Ostrovityanka [42]

Answer: Please refer to Explanation

Explanation:

The terms will be listed in bold at the end of the statement. If you require further clarification please do comment.

a. The costs deducted from the contribution margin to determine the responsibility margin. TRACEABLE FIXED COSTS.

b. Cost to produce plus a predetermined markup. COST-PLUS TRANSFER PRICE

c. Fixed costs that are readily controllable by the manager. NONE

d. A subtotal in a responsibility income statement, equal to responsibility margin plus committed fixed costs. PERFORMANCE MARGIN.

e. The subtotal in a responsibility income statement that is most useful in evaluating the short-run effect of various marketing strategies on the income of the business. CONTRIBUTION MARGIN.

f. The subtotal in a responsibility income statement that comes closest to indicating the change in income from operations that would result from closing a particular part of the business. RESPONSIBILITY MARGIN.

g. The amount used in recording products or services supplied by one business unit to another. TRANSFER PRICE.

5 0

2 years ago

Golden Manufacturing Company started operations by acquiring $150,000 cash from the issue of common stock. On January 1, Year 1,

NISA [10]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

8 0

1 year ago