Spirit world, inc., issued 250 comma 000 shares of no-par common stock for $ 5 per share. the journal entry to record the issuance would be: a. journal entry date accounts debit credit cash 1,250,000 common stock 250,000 gain on the sale of stock 1,000,000 b. journal entry date accounts debit credit cash 250,000 common stock 250,000 c. journal entry date accounts debit credit cash 1,250,000 common stock 1,250,000 d. journal entry date accounts debit credit cash
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Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
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conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
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You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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Spirit world, inc., issued 250 comma 000 shares of no-par common stock for $ 5 per share. the journa...
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