Cynthia bought 200 shares of Atlantic stock at $14.70 and 100 shares of ITT stock at $18.25 . Commission charges were $0.20 per share. Compute the total cost of the purchase
$4,825
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The Fair Debt Collection Practices Act applies to ________ collecting debts for the creditors.
Fill in the blank(s) with the appropriate word(s).
A company purchased 130 units for $20 each on January 31. It purchased 200 units for $35 each on February 28. It sold 200 units for $80 each from March 1 through December 31. If the company uses the weighted-average inventory costing method, calculate the amount of Cost of Goods Sold on the income statement for the year ending December 31. (Assume the company uses the perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.)
A) $9,600 B) $5,818 C) $2,600 D) $7,000
An asset was purchased for $200,000 . It had an estimated residual value of $40,000 and an estimated useful life of ten years. After four years of use, the estimated residual value is revised to $28,000 . Assuming straight-line depreciation, depreciation expense in year 5 of use would be
a. $18,000. b. $17,144. c. $28,668. d. $15,333.
_____ bonds are high-risk, high-yield bonds that are often used to finance mergers, leveraged buyouts, and troubled companies.
A. Callable B. Junk C. Convertible D. Floating-rate E. Putable