Business, 25.11.2019 21:31 iamcuriousdelip08rmf
Global marine obtained a charter from the state in january 2013, which authorized 1,000,000 shares of common stock, $5 par value. during the first year, the company earned $400,000 of net income and the following selected transactions occurred in the order given: a. issued 100,000 shares of the common stock at $55 cash per share. b. reacquired 25,000 shares at $50 cash per share. c. reissued 10,000 shares from treasury for $51 per share. d. reissued 10,000 shares from treasury for $49 per share. required: 1. indicate the account and amount for the above transactions. (enter decreases with a minus sign.)2. prepare journal entries to record each transaction. (if no entry is required for a transaction/event, write "no journal entry required" in the first account field.)3. prepare the stockholders equity section of the balance sheet at december 31, 2013. (amounts to be deducted should be indicated by a minus sign.)
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 02:40, ashlynchristianson
Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.
Answers: 3
Business, 22.06.2019 11:00, szinx
Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
Answers: 3
Business, 22.06.2019 17:40, payloo
To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b. the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.
Answers: 3
Business, 22.06.2019 18:00, kekoanabor19
Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.
Answers: 2
You know the right answer?
Global marine obtained a charter from the state in january 2013, which authorized 1,000,000 shares o...
Questions in other subjects:
Mathematics, 17.02.2021 04:10
Mathematics, 17.02.2021 04:10
