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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Ken Young and Kim Sherwood organized Reader Direct as a corporation; each contributed $40,000 cash to start the business and received 4,000 shares of stock. The store completed its first year of operations on December 31, 2014. On that date, the following financial items for the year were determined: cash on hand and in the bank, $35,500; amounts due from customers from sales of books, $27,000; equipment, $39,000; amounts owed to publishers for books purchased, $7,500; one-year note payable to a local bank for $3,000. No dividends were declared or paid to the stockholders during the year.
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