To record the issuance of the 2,800 shares of $10 par value common stock for cash at $20 per share, the following journal entry should be made:
Debit : Cash (2,800 x $20) = $56,000
Credit : Common Stock (2,800 x $10) = $28,000
Credit : Additional Paid-in Capital (2,800 x $10) = $28,000
The debit to cash reflects the inflow of cash from the sale of the shares, while the credit to common stock reflects the par value of the shares issued. The credit to additional paid-in capital reflects the amount over the par value that investors paid for the shares.
When a company issues shares of common stock, it is a way for the company to raise capital. In this case, Sarasota Corporation raised $56,000 by issuing 2,800 shares of common stock at $20 per share.
The par value of each share was $10, meaning that the company received $28,000 of the $56,000 in additional paid-in capital.
Issuing stock can have a number of benefits for a company, including providing funding for growth and expansion, improving the company's financial flexibility, and helping to establish a market for the company's shares.
It is important for companies to carefully consider the terms of any stock issuance, including the price at which the shares will be sold and the amount of additional paid-in capital that will be generated.
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The agency of the united states government that oversees the u. S. Financial markets is the.
The agency of the united states government that oversees the U.S. Financial markets is the Securities and Exchange Commission (SEC).
Discuss Security Exchange Commission.
The Securities and Exchange Commission (SEC) is the national government regulatory agency charged with supervision over the corporate sector, the capital market participants, and the securities and investment instruments market, and the protection of the investing public.
It was founded on October 26, 1936 by Commonwealth Act (CA) 83. Subsequent laws were enacted to encourage investments and more active public participation in the affairs of private corporations and enterprises, and to broaden the Commission’s mandates.
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What is one way a company can work to build relationships with it's customers?
A. A company can call all of its customers once a week to check in and see how their lives are going.
B. A company can plant to have a large sale once a year as a "thank you" to its customers.
C. A company can send a generic form letter to its customers to offer them a coupon
D. A company can send a personalized email to its customer when letting them know about a sale.
Answer:
D. A company can send a personalized email to its customer when letting them know about a sale.
Explanation:
Hope this helps!!
A company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale. Its comes under the relationship marketing. The correct option is (D).
What is relationship marketing?Relationship marketing is a component of customer relationship management (CRM) that prioritizes long-term involvement and client loyalty over short-term objectives like customer acquisition and individual sales.
The more conventional transactional marketing plan, which is centered on boosting the volume of individual sales, contrasts with relationship marketing.
The capacity of relationship marketing to maintain close contact with clients is crucial.
Therefore, a company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
politicians often argue for tariff increases in order to reduce the nation's dependence on imports. if tariffs are increased, the long-run effect is most likely to be:
Politicians often argue for tariff increases in order to reduce the nation's dependence on imports. If tariffs are increased, the long-run effect is most likely to be a decrease in both American imports and exports.
What is import?
An import is an item or service that is purchased outside of its nation of origin. International trade is made up of imports and exports. A country has a negative trade balance, or a trade deficit, if the value of its imports exceeds the value of its exports.
Even though transportation costs are higher, importing vegetables and other items from nations that can produce them more effectively can be better for the environment than "shopping local.
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2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce
Explanation:
it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.
3) Bill weighs 220 pounds and is losing 4 pounds each month. Phil weigh 250 pounds and is losing 10 pounds each month. How many months, m, will it take for Bill to weigh the same as Phil? How much will they weigh?
5 months and 200 pounds
4x5 = 20
220-20
200
10x5 = 50
250-50
200
please help 15 points if right brainliest
The other forms and methods of startup capital—the ones that don’t use the money of outside investors—are collectively referred to as bootstrapping. False True
The other forms and methods of startup capital—the ones that don't use the money of outside investors—are collectively referred to as bootstrapping. Venture capitalists are ruthless; angel investors are kind-hearted.
Answer:
The other forms and methods of startup capital—the ones that don't use the money of outside investors—are collectively referred to as bootstrapping. True False
✓ true
Explanation:
The resources a business uses to conduct its operations are called.
Answer:
Assets.
Explanation:
QUESTION 4 of 10: One survey has 3 respondents, and another 100. Which survey is more likely to accurate data? a) The one with the larger sample size b) The one the smaller sample size
I need help
Answer:
The one with the larger sample size
Explanation:
Larger sample sizes provide more accurate mean values, identify outliers that could skew the data in a smaller sample and provide a smaller margin of error.
The survey is more likely to have accurate data is the one with larger sample size. Thus the correct option is A.
What is Survey?The survey is referred to as a technique of data collection with the objective to perform research by asking questions. In surveys, a group of participants is involved in which questions related to the research are asked.
The accuracy of the average values will increase with the size of the sample. In addition to providing smaller margins of error, larger sample sizes aid researchers in discovering patterns in data.
The smaller sample size cannot be considered accurate due to its value. The smaller sample size is cost-effective and time-saving but cause more error in data collection.
Therefore, option A one with the larger sample size is appropriate.
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Which of the following is an internal factor?
A. Interest rates
B. Employment laws.
C. Employee turnover.
D. Economic recession.
Answer:
Your answer is: C) Employee turnover
Explanation:
1. Show the first 4 months of the amortization schedule for a mortgage of $225,000 with bi-monthly payments at an annual interest rate of 3.95% amortized over 25 years. Complete your work in a chart similar to the examples on the previous page.
Bi-monthly payments mean that there are 24 payments in a year.
The given information: Mortgage amount = $225,000 Annual interest rate = 3.95%Amortization period = 25 years First 4 months of the amortization schedule with bi-monthly payments: To calculate the bi-monthly payments, we need to find the periodic interest rate and the number of payments. Bi-monthly payments mean that there are 24 payments in a year. Therefore, periodic interest rate = (annual interest rate/100)/24= (3.95/100)/24= 0.0016458333n = Total number of payments = 25 years × 24 payments/year= 600 payments Using the above formulae, we get, P = (A × r)/(1 - (1 + r)^-n) where, P = Bi-monthly payment A = Mortgage amount r = Periodic interest rate n = Total number of payments P = (225000 × 0.0016458333)/(1 - (1 + 0.0016458333)^-600)P = $936.22. The first four months of the amortization schedule with bi-monthly payments are given below: Month Beginning balance Payment Interest Principal Ending balance 1$225,000.00$936.22$738.44$197.78$224,802.222$224,802.22$936.22$737.75$198.46$224,603.783$224,603.78$936.22$737.06$199.16$224,404.624$224,404.62$936.22$736.37$199.85$224,204.78. The above chart shows the monthly schedule of payments.
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HELP ME!! NOT AN ACTUAL BUISNESS QUESTION THOUGH 20 POINTS!!!!!
not the place for this I know but like can someone tell me what they would take/get for a simple picnic ? it is not a date or anything also this probably obvious but no alcoholic drinks
Answer:
food lol drinks and food that you and they like
Explanation:
brainiest an i will tell more
Answer:
I would bring fruits and little snackies like chips or pretzels.
FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
Hope this helps!
Companies that fail to identify needs risk which of the following?
A. loss of customers
B. wasteful spending
C. increasing interest
D. increasing debt
Answer:
wasteful spending
Explanation:
:) hope it helps
Answer:
A. LOSS OF CUSTOMERS
Explanation:
I KNOW EVERYTHING
Question 6 of 10
3 Points
A body of the letter is composed of the:
Answer:
Introduction
The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).
Which of the following data is used to determine credit scores?
Answer: the length of stay at your current residence
Explanation:
It shows the stability of your household and that your responsible
On July 1, 2022, Sandhill Co. pays $16,500 to Pharoah Company for a 1-year insurance contract. soth companies have fiscal years ending December 31. Journalize the entry on July 1 and the adjusting entry on December 31 for Pharoah Company. Pharoah uses the accounts Unearned Service Revenue and Service Revenue. (Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
The given problem is as follows: Journal Entry on July 1, 2022, for Pharoah Company: Date Account Title Debit Credit Jul 1Prepaid Insurance16,500Cash16,500
On July 1, 2022, Sandhill Co. pays $16,500 to Pharoah Company for a 1-year insurance contract. Pharoah Company will initially record this payment as prepaid insurance until it is expired. The journal entry to record this is: Debit Prepaid Insurance and Credit Cash. Journal Entry on December 31, 2022, for Pharoah Company: Date Account Title Debit Credit Dec 31 Unearned Service Revenue16,500Service Revenue16,500
The unearned service revenue account represents revenue that has been received by the company for the services that it has not yet delivered. As per the scenario, on December 31, 2022, the company has not yet provided any insurance service, as a result, this is an unearned service revenue. The adjusting entry will debit Unearned Service Revenue and credit Service Revenue for $16,500.
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Which option best describes the main behavior that economics studies?
O A. People creating different governments around the world
O B. People participating in a traditional musical performance
O C. People experiencing the physical symptoms of a disease
O D. People making choices based on their limited resources
They
Answer:
D
Explanation:
Economist are known as people who manage resources base on the quantity of resources available
Answer:
D
Explanation:
Economics is the study of unlimited wants and limited resources.
Which one of the following statements represents a strategic initiative?
Advertising a special two-week promotion
Curtailing vacation time for a 3-month period
Sending a sales rep to a trade show
O Setting up a fund for continuing education for employees
Answer:
Advertising a special two-week promotion
Explanation:
Advertising a special two-week promotion is a strategic initiative, and it is more specifically, an expansive strategic initiative that aims at product development, or market development, or market penetration, all of which are corporate strategies whose ultimate goal is corporate growth.
Randall wants to become a certified public accountant. To accomplish this, he must be certified by the ________ in which he plans to provide accounting services.
He must be certified by the state in which he plans to provide accounting services.
For a person or an individual to have the license to operate as a certified public accountant such person must be certified by the state in which he or she plans to render accounting service to.
In order to be a certified or qualified public accountant all the necessary requirement must be meant by the person.
The person must sit for the CPA examination and must pass the certified public accountant examination before being certified to operate as one by the state.
Inconclusion he must be certified by the state in which he plans to provide accounting services.
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What term describes a facility that receives, stores, and redistributes merchandise?.
A facility that receives, stores, and redistributes merchandise is known as distribution center.
A structure used for product storage and shipment is known as a distribution center.
The distribution chain for goods, order fulfillment, and the storage of manufactured goods until they are shipped to wholesale, retail, or clients, includes distribution facilities.
Large-scale product shipping to retail and consumers is also made possible by distribution facilities. In particular cases where production is not in a convenient central location, strategically situated distribution hubs can make it easier and less expensive to convey products in bulk to their final destination. Distribution centers help increase competition in global trade by removing any taxes, duties, tariffs, or VAT fees that customers would otherwise be required to pay when placing an international order.
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Pat owns a 20-pay life policy with a paid-up dividend option. Which of the following statements is true?a) The policy may be paid up early by using accumulated cash values b) The policy may be paid up early by using policy dividends c) The policy's premiums will increase after 20 years d) The policy's cash values steadily decrease after 20 years
The correct statement is (a) The policy may be paid up early by using accumulated cash values. A 20-pay life policy requires premium payments for 20 years, after which the policy is considered paid up and no further premiums are required.
The paid-up dividend option means that the policyowner can choose to receive dividends as cash payments or use them to purchase additional insurance or accumulate cash values. The accumulated cash values can be used to pay off the premiums and make the policy paid up early, but using policy dividends would not achieve the same result. Premiums do not increase after 20 years, and cash values generally increase over time.
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Select the whether the FIFO or LIFO inventory costing method normally produces each of the following effects under the listed circumstances. Declining costs.Rising costs
The choice of inventory costing method can have a significant impact on the financial results of a company. The FIFO and LIFO methods should be carefully evaluated based on the specific circumstances and goals of the company.
The FIFO (First-In-First-Out) and LIFO (Last-In-First-Out) inventory costing methods can produce different effects under different circumstances. In the case of declining costs, the LIFO method typically produces higher cost of goods sold (COGS) and lower net income compared to FIFO.
This is because LIFO assumes that the last inventory items purchased are the first ones sold, which means that the COGS reflects the higher costs of those items. On the other hand, FIFO assumes that the first inventory items purchased are the first ones sold, which means that the COGS reflects the lower costs of those items.
Therefore, in a declining cost environment, LIFO leads to higher COGS and lower net income compared to FIFO.
In the case of rising costs, the FIFO method typically produces higher COGS and lower net income compared to LIFO. This is because FIFO assumes that the first inventory items purchased are the first ones sold, which means that the COGS reflects the lower costs of those items.
On the other hand, LIFO assumes that the last inventory items purchased are the first ones sold, which means that the COGS reflects the higher costs of those items. Therefore, in a rising cost environment, FIFO leads to higher COGS and lower net income compared to LIFO.
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Note- Question is not available.
Jack offers to sell Jill his automobile for $10,000. Jill says she must think about but that she is not rejecting his offer. Jill goes home that day and comes to the realization that $10,000 is a great deal. She sends Jack a letter of acceptance by mail at 4pm by placing it in the drop box at the post office. Jill did not know that Jack had sent her a revocation letter at 3:30 from a different post office. The letter of revocation is scheduled for delivery the next day at 10am. What result
Answer:
The sale of the car is canceled
Explanation:
For two reasons I think this. Jack had already sent out a letter to jill stating that the car is no longer for sale. As the current owner of the vechile he has the right at any point in time to draw out of the deal up till the actual signing over of the car.
She calls and asks for your advice on both an auto loan and a credit card. * 10 point
Based on what your cousin wants to accomplish financially and her current financial obligations, would you advise her to apply for both types of credit? Why or why not? Complete responses should consider:At least 2 specific pieces of advice related to each type of credit: credit cards and auto loans. The advice should consider whether the type of credit is appropriate for a young adult like her. What trade-offs will your cousin have to make based on the advice you are giving her?
I would advice my cousin to not get a credit card as she is a young adult and should not rely immediately on credit as these are associated with a lot of terms and conditions and also dependency on credit card may lead to a negative aspect in the early stages of career.
Also i would advice my cousin to get a auto loan on the condition that he is currently financially sound enough to afford the down payments associated with the auto loan and the installments should not be more than 10% of his current salary
What is a Auto loan?
Automobiles themselves are used as collateral for secured loans like auto loans. Lenders provide it for commercial vehicles, new automobiles, used cars, two wheelers (usually referred to as a two-wheeler loan), and new and used cars (generally called a Commercial Vehicle Loan).
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a listing broker who represents a seller under an exclusive listing receives two offers for the property at the same time, one from one of his brokers and one from a broker of a cooperating managing broker. what should the listing broker do?
A selling broker acts as the buyer's advocate while the listing agent handles the sale of the property. The listing broker must receive both offers at the same time. Option d is Correct.
A real estate specialist known as a listing broker or listing agent helps a homeowner list and advertise their house for sale. Choosing a suitable listing price, creating a listing, and hosting open houses for potential purchasers are some of the responsibilities of a listing broker.
One offer comes from one of the listing broker's brokers and the other one comes from a cooperating managing broker's broker, who both represent the seller in an exclusive listing. Option d is Correct.
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Correct Question:
A listing broker who represents a seller under an exclusive listing receives two offers for the property at the same time, one from one of his brokers and one from a broker of a cooperating managing broker. What should the listing broker do?
a. Submit the offer from his broker first
b. Submit the offer from the other broker first
c. Submit the higher offer first
d. Submit both offers at the same time.
Which is true of variable-rate loans?
O The rate can only go up.
O The rate can only go down.
O The rate can go up or down, depending upon the index it is tied too.
O The interest rate can fall below 0
Answer:
c is the answer
Explanation:
The statement true of variable-rate loans is The rate can go up or down, depending upon the index it is tied to. Thus the correct option is C.
What are variable-rate loans?Borrowing with a variable rate means that the interest rate will change over time in accordance with market conditions. It is predicated on a fundamental benchmark interest rate or index, which fluctuates often with the market.
Since their initial rates of interest are typically lower than those of fixed-rate loans, the rates and payments are subject to fluctuation. Individuals are assessed an additional premium by banks and other financial institutions beyond this benchmark rate.
In addition to the payment schedule, variable-interest-rate loans operate much like credit cards. Variable interest rates may rise to the point that the borrower finds it impossible to repay the loan.
Therefore, option C is appropriate.
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In your own words, explain what actuarial value is
Answer: What id say an actuarial value is, something you pay for in advanced, like if you buy a game from game stop, and you have to wait for it to actually come out, and they put it on hold for you and stuff, I think that is what actuarial value is, to be honest i have heard of it but never learned it 100% i hope this is correct and hope it helped, have a wonderful day!
Explanation: brailiest please <3
When discussing choosing a Cunningham for the jury, Atticus says, “When you analyze it, there was little risk. There’s no difference between one man who’s going to convict and another man who’s going to convict, is there? There’s a faint difference between a man who’s going to convict and a man who’s a little disturbed in his mind, isn’t there?
Atticus says they're pοοr grοwers, but want tο get by οn their οwn. Hοwever, they pay in crοps because that's all they can dο, If they need tο hire peοple.
Atticus has nοthing against the Cunninghams, but Scοut dοes n’t knοw any better. She said tο Calpurnia, “ he ain’t cοmpany, Cal, he’s just a Cunningham.
”She alsο says that he lοοks like he was raised οn fish fοοd. After Scοut explained why she was frenetic at Walter, he tοld her tο put herself in his shοes. That yοu nοway really knοw a persοn unless yοu see the wοrld in their pοint οf view.
The Finches are analοgοus tο the Cunninghams because bοth families are cοnsidered pοοr because οf the Great Depressiοn, indeed thοugh the Cunninghams have lοwer. The are different because οf sοcial class.
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