Question and answer
A promissory note A. is a written promise to pay. B. is an oral promise to pay. C. is due in 30 days. D. entitles the maker to a discount
A promissory note is a WRITTEN PROMISE TO PAY.
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Question|Asked by andyweston
Asked 3/6/2016 12:29:44 AM
Updated 3/6/2016 12:53:36 AM
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Confirmed by jeifunk [3/6/2016 12:53:36 AM]
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Questions asked by andyweston
Which of the following would normally not appear in the Stockholders’ Equity section of the balance sheet? A. Cash B. Paid-In Capital C. Common Stock D. Preferred Stock
Weegy: Cash would normally not appear in the Stockholders Equity section of the Balance Sheet. (More)
Question|Asked by andyweston
Expert Answered
Updated 3/8/2016 1:56:09 AM
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If only one type of stock is issued, it’s A. no-par preferred stock. B. preferred stock. C. legal capital. D. common stock.
Weegy: If only one type of stock is issued, it's common stock. (More)
Question|Asked by andyweston
Expert Answered
Updated 3/8/2016 1:56:23 AM
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ABC Corporation offered a four-for-one stock split. The number of outstanding shares before the split was 15,000, and the par value was $20 per share. After the split, what was the par value and number of shares? A. 3,750 shares at $80 per share B. 60,000 shares at $80 per share C. 60,000 shares at $5 per share D. 3,750 shares at $5 per share
Question|Asked by andyweston
Not Answered
Updated 3/8/2016 6:05:38 AM
1 Answer/Comment
ABC Corporation offered a four-for-one stock split. The number of outstanding shares before the split was 15,000, and the par value was $20 per share. After the split, the par value and number of shares was: 60,000 shares at $5 per share.
(15,000 * 20) / (15,000 * 4) = 300,000 / 60,000 = 5
Added 3/8/2016 6:05:38 AM
This answer has been confirmed as correct and helpful.
A unit or department that incurs costs and generates revenues is a/an _______ center. A. expense B. direct C. cost D. profit
Weegy: A unit or department that incurs costs and generates revenues is a profit center. (More)
Question|Asked by andyweston
Expert Answered
Updated 3/9/2016 5:20:34 AM
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Lumber used in construction of a building is part of A. raw material costs. B. labor costs. C. manufacturing overhead. D. None of the above
Question|Asked by andyweston
Not Answered
Updated 9/6/2016 8:57:59 AM
1 Answer/Comment
Lumber used in construction of a building is part of raw material costs.

Added 9/6/2016 8:57:59 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [9/6/2016 11:47:27 AM]
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