Business, 15.04.2020 02:55 BakedBiscuit6896
Pine Corporation has the following accounts at December 31: Common Stock, $9 par, 4,700 shares issued, $42,300; Paid-in Capital in Excess of Par—Common Stock $31,400; Retained Earnings $47,000; and Treasury Stock, 400 shares, $9,600. Prepare the stockholders' equity section of the balance sheet.
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Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
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Business, 22.06.2019 06:30
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
Business, 22.06.2019 11:20
Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii
Answers: 1
Pine Corporation has the following accounts at December 31: Common Stock, $9 par, 4,700 shares issue...
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