When Wesley exchanges a business building he acquired on January 23, 2019, for another building in a qualifying like-kind exchange on July 15, 2021, the new building's holding period begins on July 15, 2021.
A like-kind exchange is a transaction that allows a taxpayer to exchange one property for another without recognizing any taxable gain or loss. In this type of exchange, the properties being exchanged must be of like-kind, meaning they are of the same nature or character, even if they differ in grade or quality.
When Wesley exchanges his business building for another building, the holding period for the new building starts on the day he acquired it, which is July 15, 2021. The holding period of the old building, on the other hand, is added to the holding period of the new building, which will be used to determine the capital gains tax owed if the new building is eventually sold.
It is important to note that like-kind exchanges have specific rules and requirements that must be followed to qualify for tax deferral. For example, the exchange must be between business or investment properties, and the properties must be identified within 45 days of the initial transfer. Therefore, it is important to consult with a tax professional to ensure that all requirements are met and to understand the tax implications of a like-kind exchange.
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After you are done taking notes from a speaker, you should _____. A. Let them know your opinion b. Put your notes away quickly c. Type up your notes for everyone d. Review your notes and clarify.
After one is done taking notes from a speaker, one's should review your notes and clarify them also.
What are notes?Notes are the short record of particulars or statements written down as support to memory. It provides all the relevant and necessary information in a brief way.
Amended or improved notes will permit a person to recognize thoughts, develop significant learning skills, and acquire a sounder knowledge of a topic.
It is important for the reader to review and clarify their notes, after taking the notes from the speaker.
Therefore, option D is correct.
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Answer:
d
\
Explanation:
Why is choosing an appropriate mortgage potentially even more important than
choosing an appropriate auto loan?
Here are five considerations to keep in mind as you compare vehicle loans to find the best deal: Annual Percentage Rate (APR) When searching for a car loan, your annual percentage rate, or APR, is a crucial consideration.
Monthly Payment, Loan Term, Loan Amount, Fees and Penalties, and Final Remarks.
You wish to drive a modern car that you won't be able to pay for without financing in a fair amount of time. The moderate interest rate means that the additional costs won't have a big impact on the overall cost of the vehicle. The periodic payments won't put undue strain on your current or next finances.
This rule states that housing costs should not exceed 28% of one's gross monthly income and total debt service should not exceed 36%. This rule is frequently used by lenders to decide whether or not to offer borrowers credit.
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My hero would be Jennie Kim, Jennie Kim is a female kpop who has
released solo music and group music. She's also someone who goes on tours to
see people on a daily. She is constantly interacting with people, like her
managers, friends (she's a part of a group called Blackpink), and even her fans.
Whether it's in a fan call meeting, a discussion with her employers that help her
set up her music, or even just with random people, she has a good reputation for
being thoughtful and kind.
As an idol, she holds a lot of trust from her fans, and she shows integrity by
inspiring her Chinese fans to help disadvantaged girls in remote impoverished
areas of China as part of their birthday celebrations for their idol (source
https://www.globaltimes.cn/content/1176990.shtml), also she's very caring towards
her members such as she will constantly check up on them, making sure they
aren't having any fatal accidents such as falling,
My hero could be Jennie Kim, Jennie Kim is a woman pop who has released solo music and group track: A) She's also someone who goes on tours to see people on a daily.
Jennie Kim, acknowledged money as Jennie, is a South Korean singer, rapper, and actress. Born and raised in South Korea, Jennie studied in New Zealand for 5 years before returning to South Korea in 2010. She debuted as a member of the lady group Blackpink, fashioned by YG enjoyment,
Jennie lived in New Zealand for a length before transferring and returning to South Korea in 2010 and speaks fluent English in addition to Korean and Japanese.
BTS V's and BLACKPINK's Jennie are okay-pop's idol couple, consistent with fans. the two Korean stars are regularly connected collectively but a viral photograph of them has convinced the military and BLINKs that they're certainly courting. five days in the past
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describe how inequality has changed in the u.s. and other developed countries since 1970 and explain the reasons for this. what are the implications of the trends you have described for market societies? your response should refer to the documentary and assigned readings on inequality (on moodle).
Inequality in the U.S. and other developed countries has increased since 1970 due to various factors such as globalization, technological advancements, and changes in government policies.
These trends have led to a concentration of wealth among the top earners while middle and lower-income groups have seen stagnant or slow growth in their incomes. The implications of these trends for market societies are significant. Increasing inequality can lead to social unrest, reduced social mobility, and diminished trust in institutions. It hampers economic opportunities for the disadvantaged, exacerbates disparities in education and healthcare, and undermines social cohesion. Moreover, it can create a vicious cycle where the wealthy have more resources and political influence, further perpetuating inequality. Addressing inequality requires a comprehensive approach, including progressive taxation, investments in education and skills training, strengthening social safety nets, and promoting inclusive economic growth. By mitigating inequality, market societies can foster greater social mobility, shared prosperity, and a more stable and cohesive society.
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Delfino's expects to pay an annual dividend of $1.50 per share next year. what is the anticipated dividend for year 3 if the firm increases its dividend by 2 percent annually?
The anticipated dividend for year 3 if the firm increases its dividend by 2 percent annually is $1.66.
What is meant by Dividend?
A corporation's payout of profits to its shareholders is known as a dividend. A corporation is able to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus. Any remaining funds are withdrawn and reinvested back into the company. Dividend refers to a reward, cash or otherwise, that a firm delivers to its shareholders.
Dividends may be distributed in a number of ways, including stock dividends, cash payments, and other forms. The board of directors of a firm determines its dividend, which requires shareholder approval.
The future dividend can be computed as:
Future Dividend=Initial Dividend×\((1+r)^{n}\)
Here:
r stands the growth rate in dividend = 2% or 0.02
n exists the number of periods = 5
Initial Dividend = $1.50
The future dividend can be computed as:
Future Dividend=$1.50×(1+0.02)5
Future Dividend=$1.50×1.1041
Future Dividend=$1.66
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why can't food be used as a form of money?
Typically, food is perishable. People will refuse to take perishable food as payment for services if they already have plenty to eat.
Why food Cannot be used as a form of money?Even in the event of a complete economic collapse, it is more likely that people will start exchanging food for gold, silver, copper, or diamonds.
Since they already have all they need for eating, those who have access to abundance of food won't accept perishable food as payment for services.
Thus, Typically, food is perishable
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Which is an example of a mandatory deduction on a pay stub?
Answer:
Some mandatory payroll tax deductions that employers are required by law to withhold from an employee's paycheck include: Federal income tax withholding. Social Security & Medicare taxes – also known as FICA taxes.
~Its srishty~✿
pe Problems
he following transaction of Raj:
Raj started business with cash Rs 20,000
Purchased goods for cash Rs 4,000
Goods purchased from Rabina Rs 4,000
Furniture purchased from Kailash for Rs 6,000
l entries
Account
Answer:
cash a/c .......Dr rs.20000
To, capital a/c rs.20000
How much of the total did Raul contribute himself
1. The total balance in the account after 40 years would be $192,520.
What is balance?Balance is a fundamental concept in a wide range of disciplines, including physics, biology, finance, and psychology. It refers to the ability to maintain equilibrium or stability, and the ability to adapt and adjust when faced with external challenges. Balance is achieved by creating internal stability and harmony, and by avoiding extremes and unnecessary risks. In physical terms, balance is achieved when the forces acting on a system are equal and opposite.
2. Raul contributed $120,000 himself.
3. Raul made $92,520 through compound interest in the savings account.
4. Raul could have increased the total amount of money he made over the 40 years by investing his money instead of keeping it in a savings account. Investing has the potential to earn higher returns than a savings account and has the potential to increase the total amount of money made over the 40 years.
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Complete Question:
Raul Raul is a saver. He sets aside $100 per month during his career of 40 years to prepare for retirement. He does not like the idea of investing because he prefers to minimize his risk as much as possible, so he puts his money in a savings account which earns 1.596 interest per year 1. What is the total balance in 2. How much of the total did 3. How much money did Raul the account after 40 years? Raul contribute himself? make through compound interest in this savings account? N 4. Identify one way Raul could have increased the total amount of money he made over the 40 years. Explain your reasoning.
highlight four reasons why a seller would prepare a proforma invoice???
Answer:
Pro forma invoices are sent to buyers ahead of a shipment or delivery of goods or services. Most pro forma invoices provide the buyer with a precise sale price. A pro forma invoice requires only enough information to allow customs to determine the duties needed from a general examination of the included goods.
Explanation:
hope i help
which investment has increased in value more, and by how much? a. the value of drew’s bonds has increased by $4.83 more than the value of his stocks. b. the value of drew’s bonds has increased by $9.87 more than the value of his stocks. c. the value of drew’s stocks has increased by $11.64 more than the value of his bonds. d. the value of drew’s stocks has increased by $34.92 more than the value of his bonds.
The investment has increased in value more is D. the value of drew’s stocks has increased by $34.92 more than the value of his bonds.
What is investment?An investment can simply be defined as the action of investing a certain amount of money or asset in order to get a return.
From the information given, the the value of drew’s bonds has increased by $4.83 more than the value of his stocks. This was the first investment.
The value of drew’s bonds has increased by $9.87 more than the value of his stocks. This was the second investment.
The value of drew’s stocks has increased by $11.64 more than the value of his bonds. This was the third investment.
The value of drew’s stocks has increased by $34.92 more than the value of his bonds. This was the fourth investment.
Therefore, the investment has increased in value more is the value of drew’s stocks has increased by $34.92 more than the value of his bonds. In conclusion, the correct option is D.
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Chris operates the Devil's Brew chain of coffee stands. "Devil's Brew" is a a. certification mark. b. trade name. c. service mark. d. collective mark.
Answer:
b. trade name.
Explanation:
A company is considering two mutually exclusive expansion plans. Plan A requires a $39 million expenditure on a large-scale integrated plant that would provide expected cash flows of $6.23 million per year for 20 years. Plan B requires a $13 million expenditure to build a somewhat less efficient, more labor-intensive plant with an expected cash flow of $2.91 million per year for 20 years. The firm's WACC is 9%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. a. Calculate each project's NPV. Round your answers to two decimal places. Do not round your intermediate calculations. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Plan A:$ ___ million
Plan B: $ ___ million
Calculate each project's IRR. Round your answer to two decimal places. Plan A ___ % Plan B: ___ %
Based on the furnished records and calculations, the NPV for Plan A is approximately $23.64 million, and for Plan B is approximately $6.48 million. The IRR for Plan A is about 13.43% and for Plan B is about 14.41%. Therefore, Plan A has a higher NPV, but Plan B has a slightly better IRR.
To calculate the NPV for each challenge, we need to discount the predicted coin flows and the usage of the firm's weighted average cost of capital (WACC) of nine%. Here are the calculations:
For Plan A:
Initial investment: $39 million
Expected cash flows: $6.23 million in keeping with yr for 20 years
NPV = -Initial Investment + (Cash Flow / (1 + WACC\()^n)\), in which n is the year
NPV = \(-$39 + ($6.23 / (1 + 0.09)^1) + ($6.23 / (1 + 0.09)^2) + ... + ($6.23 / (1 + 0.09)^20)\)
Using this formulation, the NPV for Plan A is calculated to be approximately $23.64 million.
For Plan B:
Initial funding: $13 million
Expected coins flow: $2.91 million in step with 12 months for two decades
NPV = -Initial Investment + (Cash Flow / (1 + WACC\()^n\)), wherein n is the year
NPV = \(-$13 + ($2.91 / (1 + 0.09)^1) + ($2.91 / (1 + 0.09)^2) + ... + ($2.91 / (1 + 0.09)^20)\)
Using this formula, the NPV for Plan B is calculated to be about $6.48 million.
To calculate the IRR for every challenge, we want to discover the cut price charge that makes the NPV identical to zero. We can use Excel's IRR feature to calculate this. Here are the calculations:
For Plan A:
Initial funding: -$39 million
Expected cash flows: $6.23 million per yr for 20 years
IRR = IRR(Cash Flows)
Using Excel's IRR feature, the IRR for Plan A is calculated to be approximately 13.43%.
For Plan B:
Initial funding: -$13 million
Expected coins flow: $2.91 million consistent with yr for twenty years
IRR = IRR(Cash Flows)
Using Excel's IRR characteristic, the IRR for Plan B is calculated to be approximately 14.41%.
Therefore, the calculations are as follows:
Plan A:
NPV: $23.64 million
IRR: 13.43%
Plan B:
NPV: $6.48 million
IRR: 14.41%
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Catalina opens a fashion boutique with the money she inherited from her parents. She is successful in creating a strong brand image and a loyal customer base. In order to meet the increasing demands of her business, she hires a store manager. However, she finds it hard to let the manager make important decisions about the store. She often finds herself disagreeing with the manager's decisions, and in the process, she loses a lot of existing customers. Which of the following causes of small-business failure does this scenario best illustrate?
As Catalina often finds it hard to let the manager make important decisions about the store and finds herself disagreeing with the manager's decisions, and in the process, then, the causes of small-business failure that this scenario best illustrate is known as inability to cope with growth.
What is meant by small business?In a business organization, the term "small business" are often used to describe those privately owned corporation, partnership or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.
In an economy, the type of businesses are vital for the syste, because they provide opportunities for entrepreneurs and create meaningful jobs with higher job satisfaction than positions with larger, traditional companies.
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which of the following is not a product cost under variable costing?
If the buyer, who has signed a buyer broker contract, finds a For Sale by owner, then?
Answer:
Then the buyer must tell the broker and have him set up an appointment and handle the negotiations.
Explanation:
If you sign for a buyer-broker contract, then you should know that the broker must be the essential 'lead' when it comes to, say, buying a house.
question content area on march 4 of the current year, barefoot bay, inc. reacquired 5,000 shares of its common stock at $89 per share. on august 7, barefoot bay sold 3,500 of the reacquired shares at $100 per share. the remaining 1,500 shares were sold at $88 per share on november 29. question content area a. journalize the transactions from march 4, august 7, and november 29. if an amount box does not require an entry, leave it blank. date account debit credit march 4 - select - - select - - select - - select - august 7 - select - - select - - select - - select - - select - - select - november 29 - select - - select - - select - - select - - select - - select - question content area b. what is the balance in paid-in capital from sale of treasury stock on december 31 of the current year? fill in the blank 1 of 2 fill in the blank 2 of 2 c. for what reasons might barefoot bay inc. have purchased the treasury stock?
Treasury stock is a resource that companies can utilize to finance investments or acquisitions of rival companies.
What are the top three benefits of buying Treasury Stock?The advantages of a firm raising its treasury stock holdings include the potential to raise the market price per share of the remaining stock and to use the shares as an alternative to cash incentives for employees.
Why would individuals desire to buy Treasury securities?Security is the main benefit of US Treasury securities. There is no other investment that offers a stronger guarantee of timely principle and interest payments. Since these payments are predictable, many people invest in them to protect and grow their capital as well as to get a steady stream of income.
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Jill bought 100 shares of stock at $12.44 per share and sold them for $13.11 per share. Her ROI was ____%. (Round percentages to one decimal place.)
Answer:
5.4%
Explanation:
Return on investment is a ratio expressing the income as a percentage of invested capital.
The formula for ROI= Net Income / Cost of Investment
in this case
net income = Shares selling price - Buying price
net income= ($13.11 x 100) - ($12.44 x 100)
net income = $1311 - $1244
net income =$67
ROI =$67/1244 x 100
ROI=0.053 x 100
ROI= 5.4%
In HVAC systems, sensors are one of the most important components. i. What is the main function of the sensors? ii. Based on different HVAC variables, what kind of sensors are normally used in the intelligent buildings? iii. Explain the different sensors with their advantages and disadvantages Resistance temperature devices ► Thermistors Thermocouples (14 marks)
In HVAC systems, sensors play a crucial role in regulating indoor climate control. They measure various environmental parameters and send signals to the system for effective control. Different types of sensors are used in intelligent buildings based on HVAC variables. These sensors include temperature sensors, occupancy sensors, humidity sensors, carbon monoxide sensors, light level sensors, and pressure sensors. Each sensor serves a specific function and contributes to optimizing HVAC performance.
1. Temperature Sensors:
Temperature sensors, such as Resistance Temperature Devices (RTDs), thermistors, and thermocouples, measure ambient temperature. RTDs offer high accuracy and repeatability, while thermistors are highly sensitive and cost-effective. Thermocouples have a wide temperature range but lower accuracy compared to RTDs and thermistors.
2. Occupancy Sensors:
Occupancy sensors detect the presence of occupants in a space and help control HVAC systems based on occupancy. They contribute to energy efficiency by optimizing HVAC usage.
3. Humidity Sensors:
Humidity sensors measure moisture content in the air. They assist in maintaining appropriate humidity levels for occupant comfort and preventing moisture-related issues.
4. Carbon Monoxide Sensors:
Carbon monoxide sensors detect harmful gas presence, ensuring indoor air quality and safety.
5. Light Level Sensors:
Light level sensors monitor light intensity in a space, enabling daylight harvesting and controlling artificial lighting systems to conserve energy.
6. Pressure Sensors:
Pressure sensors measure air pressure within the HVAC system. They help monitor and regulate airflow, ensuring proper ventilation and system performance.
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when would sunk costs be irrelevant for current decision making?
Sunk cost are always irrelevant when making current decisions.
Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.
An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.
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10
Drag each tile to the correct location on the table.
Match each feature to the correct social media platform.
encourages
groups to
exchange ideas
often used
with other
types of social
media platforms
gets quick
messages out
to the public
connects users
within a
particular
geographic
space
Social
Networking
Microblogging
Video Sharing
Discussion
Forum
Microblogging is a form of social media that allows users to share short and concise messages with their followers in real-time.
This type of platform is designed for quick and easy communication, often limited to a certain number of characters or words per post.
Microblogging is ideal for getting immediate information out to a large audience, such as breaking news or updates on event.
It also encourages interaction and engagement between users, who can comment or share posts with their own followers.
While not limited to any specific topic, microblogging platforms are often used for sharing personal opinions, thoughts, and experiences, and can serve as a means of self-expression and community building.
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Advertising, fashion trends, and new product introductions serve to.
Answer:
Create consumer demand.
Explanation:
Advertising helps promote your product so people will want to buy it.
Suppose that at the profit maximizing level of output for a monopolistically competitive firm, the price of a good is $10 and the average total cost is $8. Based on this information, the firm is operating in the _____ and we can expect _____.
a) Short-run; firms to exit the market
b) Short-run; firms to enter the market
c) Long-run; firms to exit the market
d) Long-run; firms to enter the market Submit
Please submiit reasoning your your asnwer
Based on the given information, the firm is operating in the short run because the price of the good is above the average total cost. In the short run, the firm is making a positive economic profit. The correct answer is option b.
To determine whether firms are likely to enter or exit the market in the long run, we need to consider the condition of monopolistic competition. In monopolistic competition, there is freedom of entry and exit in the long run. If firms are making positive economic profits in the short run, it creates an incentive for other firms to enter the market, attracted by the potential profits.
Therefore, the correct answer is:
b) Short-run; firms to enter the market
In the long run, as more firms enter the market due to the profit potential, competition will increase. This will lead to a decrease in the demand and price for the firm's product, reducing its economic profit.
Ultimately, in the long-run equilibrium of monopolistic competition, firms tend to earn zero economic profit, as the market becomes more competitive and prices adjust accordingly.
The correct answer is option b.
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Sarah just earned a new accreditation and is updating her advertising, website, and other outlets to include the credentials. To beef up her website, she also adds the credential she's currently working on. Has she committed any ethical violations?
Yes, she recently updated the website with that information, but by failing to do so, she broke the law.
What is ethical violations?
"Ethical infractions" refers to actions that are against morality. Abuse, harassment, and needless insults against another person are ethical infractions.
In order for her current qualifications to be appropriately reflected in her advertising, website, and other sources of information, Sarah is updating them as unethical.
She broke the law since she added credentials and has been working recently but not producing. They thereby devised a trap for the public, going against their own code of ethics, which they disregarded.
As a result, yes she has committed ethical violations.
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Explain why most experts believe that official U.S. data underestimate the actual rate of unemployment. What factors could make the official rate overstate the actual unemployment rate
Answer:
people simply quit looking for jobs.
Explanation:
In order to be considered unemployed, you must be out of work for at least four weeks and be actively seeking a new job. But if after 6 months, or 1 or even 2 years, you cannot get a new job, then you might simply quit looking for one. Since you quit looking for a job, you are not considered unemployed.
Which description is the best example of physical capital?
A. A doctor with expertise in medicine
B. A miner with experience digging for coal
C. A machine that tests new car engines
D. A new law regulating trade in a country
Answer:
C. A machine that tests new car engines
Explanation:
it's man-made
The correct option is C. A machine that tests new car engines is the best example of physical capital.
Assets that a company owns and uses, including buildings, machines, and cars, are referred to as physical capital.
What are physical capital and its types?Physical capital refers to the range of inputs needed at each step of manufacturing. There are two forms of physical capital: working capital and fixed capital. Fixed capital includes a variety of tools and machines. The cash on hand to cover your immediate, short-term requirements is known as working capital.
Physical capital is made up of physical, man-made items that businesses invest in or purchase and employ to manufacture things. Physical capital assets that are reusable and not consumed during production, such as manufacturing equipment, also fall under the category of fixed capital.
Thus, The right answer is C. The best illustration of physical capital is a machine used to test new automobile engines.
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New classical economists believe that an increase in deficit financing by the government willa. reduce government spending.b. increase consumption. c. reduce future taxes. d. increase savings.
Option D. New classical economists argue that an increase in deficit financing by the government will cause an increase in savings, as households anticipate that taxes will have to be paid in the future to pay off the debt.
The Effects of Deficit Financing on Savings According to New Classical EconomicsOption D. Increase savings.New classical economists believe that an increase in deficit financing by the government will increase savings.
This is because households anticipate that taxes will have to be paid in the future to pay off the debt. As a result, households are likely to save more in order to build a buffer for when the taxes come due.
This increased savings then leads to a lower level of aggregate demand, which in turn can lead to a decrease in inflationary pressures. In addition, if the government is able to borrow at a lower rate than would be available in the private market, an increase in deficit financing can lead to a lower cost of capital, which can stimulate investment and economic growth.
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a corporation issued 4,400 shares of its no par common stock at a cash price of $11 per share. the entry to record this transaction would be:
The entry to record the issuance of 4,400 shares of a corporation's no par common stock at a cash price of $11 per share is as follows:
DebitCash = 48,400CreditCommon stock = 48,400Common stock is the portion of the shareholder's equity section of the balance sheet, which shows the number of outstanding shares issued by the corporation to shareholders. A corporation may issue no par common stock at any value decided by the company's board of directors. A board of directors determines a stock's par value, and it is normally stamped on the stock certificate or mentioned in the corporate charter.
However, a no-par stock's market price fluctuates, which is one of the main differences between par and no-par stocks. To record the issuance of common stock, the company debits cash and credits common stock. In this case, the corporation has issued 4,400 no par common shares at a cash price of $11 per share. So, the entry to record this transaction would be to debit cash and credit common stock.
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When an advertising campaign for a new product is first launched, which type of advertising would be most helpful in building awareness?.
Answer:
Informative.
Explanation: