A company issued 15,000 shares of $3 par value stock for $15 per share. What is true about the journal entry to record the issuance?

The receivables turnover ratio measures how many times, on average, a company collects its receivables during the year.

Recent financial statement data for Bethell Foods Incorporated is shown below: Current liabilities$ 186Income before interest and taxes$17010% Bonds, long-term380Interest expense38Total liabilities566Income before income tax expense132Stockholders’ equity Income tax expense35Common stock206Net income$97Retained earnings282 Total stockholders’ equity488 Total liabilities and equity$1,054 What is the times interest earned ratio?Note: Round your answer to two decimal places.

Over the first four years of the company’s life, the company earned the following net income (loss): $5,000; $3,000; $6,000, and $(2,000). If the company’s ending retained earnings is $7,600 after year 4, what is the average amount of dividends paid per year?

What is the result of the following Boolean expression, given that x = 5, y = 3, and z = 8?x < y or z > x

The acid-test ratio is most similar to the:

The decision structure that has two possible paths of execution is known as

King Sporting Goods reports net income of $150,000, net sales of $550,000, and average assets of $1,900,000. The return on assets is:

When the indirect method is used to prepare the operating activities section of the statement of cash flows, the adjustments to net income for balance sheet items include adjustments for changes in current assets and current liabilities.

Excerpts from Andre Company’s December 31, 2024 and 2023, financial statements are presented below: 20242023Accounts receivable$ 30,000$ 44,000Inventory28,00044,000Net sales (all credit)200,000190,000Cost of goods sold122,000118,000Total assets435,000407,000Total stockholders’ equity246,000236,000Net income33,00031,000 What is the receivables turnover ratio for 2024?Note: Round your answer to two decimal places.