Ariba Corporation recently organized. The company issued common stock to an inventor in exchange for a patent with a market value of $55,000. In addition, Ariba received cash for 8,000 shares of its $15 par preferred stock at par value and 9,000 shares of its no-par common stock at $30 per share. Without making journal entries, determine the total paid-in capital created by these transactions. . The total paid-in capital created by these transactions amounts to

Answers

Answer 1

The total paid-in capital created by the transactions described in the scenario can be determined by adding up the amounts received for each type of stock issued.

In this case, Ariba Corporation issued preferred stock at par value and no-par common stock at a specific price per share. The total paid-in capital is the sum of the amounts received for each type of stock issued.

To calculate the total paid-in capital, we need to consider the amounts received for each type of stock issued. Ariba Corporation received cash for 8,000 shares of its $15 par preferred stock at par value, which amounts to $120,000 (8,000 shares x $15 par value). Additionally, they received cash for 9,000 shares of its no-par common stock at $30 per share, totaling $270,000 (9,000 shares x $30).

Therefore, the total paid-in capital created by these transactions is $120,000 + $270,000, which equals $390,000.

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Related Questions

Discuss the benefits of gaol setting on your career choice

Answers

Goal setting is a powerful tool for anyone looking to advance their career. By setting specific objectives and taking active steps to achieve them, you can increase your motivation, focus, and satisfaction in your work, ultimately helping you to achieve success in your chosen field.

What is goal setting?

Generally, Goal setting is an essential process that involves identifying and prioritizing specific objectives that an individual wants to achieve in their personal or professional life. When it comes to career choice, goal setting can offer several benefits, including:

Increased motivation: Setting specific goals for your career can help to boost your motivation and drive towards achieving your objectives. Having a clear target in mind can help you stay focused and energized, even when faced with challenges or setbacks.

Improved focus: By setting specific goals, you can prioritize your efforts and focus on the tasks that are most relevant to achieving your career objectives. This can help to streamline your work and avoid distractions, allowing you to make progress towards your goals more efficiently.

Better decision making: When you have a clear set of goals for your career, you can use them as a framework for making important decisions. This can help you evaluate different opportunities or paths in terms of how they align with your objectives and choose the ones that are most likely to help you achieve your goals.

Enhanced career satisfaction: Achieving your career goals can be a source of great satisfaction and fulfillment. By setting clear objectives for your career and taking active steps to achieve them, you can increase your sense of purpose and fulfillment in your work.

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two dimensions of product quality are hard to measure objectively and are therefore subject to subjective assessment. one of those subjective dimensions is: multiple choice reliability perceived quality support features

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One of the subjective dimensions of product quality is perceived quality. Perceived quality refers to the customer's subjective evaluation

It is a measure of how well the product meets the customer's expectations, needs, and preferences, and how it compares to competing products in the marketplace. Perceived quality is difficult to measure objectively because it is based on individual perceptions and experiences that can vary from person to person.Another subjective dimension of product quality is support features. Support features refer to the additional services or support provided to the customer beyond the core product, such as warranty, repair, maintenance, customer service, and technical support. Support features can significantly impact the customer's satisfaction with the product and their overall experience with the brand. Customers may perceive a product to be of higher quality if they receive excellent support and service from the company, even if the core product itself is not necessarily superior.

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the theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product life cycle laissez faire strategic trade absolute advantage

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The strategic trade theory advocates government mediation profoundly capital-serious, high passage obstruction businesses in which homegrown firms might have minimal possibility without government assistance. option (C) is correct.

Strategic trade is the control of the product, import, global travel, and parcel of specific wares to specific beneficiaries or for guaranteed end-utilizes/end-clients and in specific conditions.

Strategic trade policy (STP) is an administration strategy that endeavors to move overabundance benefits in oligopolistic global business sectors toward the nation of origin firms. For instance, a Chief at the same time seeking a specific degree of productivity and piece of the pie expansions in new developing markets.

Therefore, option (C) is correct.

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This question is not complete, Here I am attaching the complete question:

The theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product (A) life cycle

(B) laissez faire

(C) strategic trade

(D) absolute advantage

You are considering buying stock A. If the economy grows rapidly, you may earn 40 percent on the investment, while a declining economy could result in a 15 percent loss. Slow economic growth may generate a return of 3 percent. If the probability is 12 percent for rapid growth, 27 percent for a declining economy, and 61 percent for slow growth, what is the expected return on this investment? Round your answer to one decimal place.

Answers

Answer:

the expected return is 2.58%

Explanation:

The computation of the expected return is shown below:

=  respective weights × respective returns

= 40% × 12% + -15% × 27% + 3% × 61%

= 0.048 - 0.0405 + 0.0183

= 0.0258

= 2.58%

hence, the expected return is 2.58%

You can buy life insurance for anyone. True or false

Answers

Answer:

False

Explanation:

Answer: False

Explanation:

You receive a check for $50 from your Aunt Louise for your birthday. You go to an ATM to deposit the check into your checking account. How should you endorse the check?
1. Just sign your name on the front of the check
2. Sign your Aunt Louise's name on the back of the check
3. Sign your name and write "For Deposit Only" and your checking account number on the back of the check
4. Since the check is made out to you, you don't need to worry about signing the check

Answers

Answer:

I think it's 3 but i don't know for sure also can you give me brainlist if I'm right please I really need it

To properly endorse the check received from your Aunt Louise for your birthday, you should sign your name on the back of the check and include "For Deposit Only" along with your checking account number.

When you receive a check, it's important to endorse it properly before depositing it into your account. By signing your name on the back of the check and adding "For Deposit Only" along with your checking account number, you're indicating that the check is meant for deposit into your account only.

This helps ensure that the funds are credited to your account securely and prevents unauthorized individuals from cashing the check.This helps ensure the secure and accurate deposit of the funds into your account.

Hence, The correct option is 3. Sign your name and write "For Deposit Only" and your checking account number on the back of the check.

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In several African countries where the rhinoceros was once a thriving​ species, the animal is now nearly extinct. In most of these​ nations, rhinoceros horns are used as traditional ingredients in certain medicines. Rhinoceros farming has been proposed as an alternative to the imposition of stiff penalties on people who are caught engaging in rhinoceros hunting. The imposition of stiff penaltiesA. reduces the supply of rhino horns.B. makes poaching more lucrative.C. increases the price of rhino horns.D. All of the above are correct.E. B​ & C only are correct.

Answers

Answer:

D. All of the above are correct

Explanation:

In many places, rhinoceros are illegal hunted down and their horns are illegal black market at a very high price. It is believed that the rhino horns have some medicinal value.

In the context, in several South African countries, the government have imposed heavy penalties on people who are caught in hunting of the rhinoceros. Thus this imposing of the penalties will increase the cost of the rhino horn in the black market, it will also makes the poaching business more lucrative as the demand on the horns and the cost of the hunters will be more. Penalties will also effect the supply of the rhino horns as many people will now stop poaching the rhinos. Thus the supply will decrease.

Therefore the correct option is (D).

4/ "People 3. How can you are attracted to the poultry farming these days" Explain with practical examples.people are attracted to the poultry farming these days explain with particle example ​

Answers

we can attracted to the poultry farming these days by saying eveyone to involve in this work and be excited

Ideally, the price established for a transfer of goods or services between two decentralized organizational units within a company would be one that would always motivate the managers of both units to act in a way that is in the best interest of the company as a whole.
A. True
B. Flase

Answers

Answer:

A. True

Explanation:

Firms that operate different divisions or subsidiaries must always present a consolidated balance that includes all the department, divisions or subsidiaries. Any gain resulting from inter company sales must be adjusted, i.e. your right arm cannot make a profit if it sells to your left arm.

Whenever inter company sales take place, ideally, the ultimate goal should be to improve the entire company's financial position, not only improve the gains from one division by hurting another division.

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $1,500 of direct materials and used $3,000 of direct labor. The job was not finished by the end of September, but needed an additional $2,000 of direct materials and additional direct labor of $4,500 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B

Answers

The balance in the Work in Progress account at the end of September relative to job A3B  is $10500.

During September month material amounting to $1500 and direct labor amounting to $3000 was introduced in the process and Overheads at the end of each month is 200% of direct labor.

Cost incurred = 200% of $3000

                       = $6000.

As specified by the question that the job is not finished at month end and additional material and labor amounting to $2000 and $4500 respectively is required in October month . So the whole cost incurred in September month that is $1500+$3000+$6000=$10500.

$10500  is transferred to Work in progress account . When Job gets finished that is in month of October the whole cost amounting to 10500+2000+4500+(4500*200%) =$ 26000 transferred to Finished Goods Account.

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To _____ is to modify or improve upon code.


propriate

tweak

kernel

debug

Answers

i’m pretty sure it’s debug!
The answer is debug hope this helps!

eaq the primary health care provider for a client with chronic kidney disease prescribed immediate hemodialysis for the first time. which clinical manifestation indicates the need for immediate hemodialysis in the client

Answers

The need for immediate hemodialysis in a client with chronic kidney disease is indicated by **severe electrolyte imbalances** or **life-threatening fluid overload**. These clinical manifestations require prompt intervention to prevent complications.

In chronic kidney disease, the kidneys gradually lose their ability to filter waste products, balance electrolytes, and regulate fluid levels in the body. When this decline in kidney function becomes critical, immediate hemodialysis is necessary to remove excess fluids, correct electrolyte imbalances, and prevent complications such as heart failure or arrhythmias.

Hemodialysis uses a machine called a dialyzer to perform the filtering function of healthy kidneys. Patients typically undergo hemodialysis multiple times per week to maintain stable health conditions, but the frequency may vary based on individual needs and severity of the disease.

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gamboa, inc. sold 100 selfie sticks for $30 each. if producing the selfie sticks had an average cost of $2 , how much profit did the company make? provide your answer below:

Answers

The company made a profit of $2,800.To calculate the profit, we need to subtract the cost from the revenue. The revenue is calculated by multiplying the selling price per selfie stick ($30).

Profit = Revenue - Cost Profit = $3,000 - $200 Profit = $2,800 Therefore, the company made a profit of $2,800 from selling 100 selfie sticks. Profit is an essential metric for assessing the financial performance of a business. It represents the amount of money left over after deducting all expenses from the revenue generated. In this case, the company Gamboa, Inc. sold 100 selfie sticks for $30 each, resulting in a total revenue of $3,000. To determine the profit, we need to consider the cost of producing the selfie sticks. The average cost per selfie stick is given as $2. Multiplying this cost by the number of selfie sticks sold (100) gives us a total cost of $200. Subtracting the cost from the revenue, we find that the company made a profit of $2,800. This profit represents the net income earned by the company after covering all production costs and expenses associated with selling the selfie sticks.

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possible reason of high economic growth?​

Answers

Answer:

Broadly speaking, there are two main sources of economic growth: growth in the size of the workforce and growth in the productivity (output per hour worked) of that workforce. Either can increase the overall size of the economy but only strong productivity growth can increase per capita GDP and income.

Explanation:

劳动力规模的增长和劳动力生产率(每小时工作的产出)的增长。

希望有帮助 : )

In economics a computer bought by a firm for its account keeping is classified differently to a computer bought by an individual for playing games and surfing the internet. Explain why.

Answers

Answer:

12

Explanation:

someone help me with this​

someone help me with this

Answers

which class this question

A product enters the maturity phase of the life cycle, during which sales are
strong but growth is slowing. What product management activity is most
appropriate?
A. Trying to improve the product's performance
B. Discontinuing sales of the product
C. Focusing on the other products in the mix
D. Spinning off the product line

Answers

Answer:

A. Trying to improve the product's performance

Explanation:

A product at the maturity stage is well known to customers. It has its market share, but sales seem to grow at a sluggish pace. To keep the products' market vibrant, manufacturers tend to make positive variations on the product. Some of the variations include redesigning the package, adding new flavor, or improving its performance.

Improving the product's performance is a good way to maintain sales and increase the growth rate. Existing customers will have a reason to continue buying the product. The improved features attract new customers also.

7. Solve this two step equation:
3 x 5 – 7 = y

Answers

Answer:

y=8

Explanation:

15-7=y

8=y

y=8

Answer:

its 8

Explanation:

if u do 3 times 5 its 15, if u do 15-7 which equal 8 or y so y=8

Which of the following relers to subsets of an entire market?
O market sets
O potential markets
O target markets
market mixes

Answers

I think it would either be potential markets or target markets but i would probably choose target markets

Why are entrepreneurs essential to the success of a free enterprise economy?.

Answers

Answer:

Entrepreneurs are important because they are willing to take risks to start new businesses, so they become the catalyst of the free enterprise economy. Most entrepreneurs fail, but some survive and a few even become wealthy.

Explanation:

How to be a successful entrepreneur?

Answers

Answer:

Don’t take ‘no’ for an answer

Learn from the best

Stay hungry and ambitious

Never stand still; evolve with the times

Nurture long-term business relationships

Inspire those around you

Trust your gut instinct, not just your spreadsheet

Explanation:

It takes hard work and dedication and they are many free sources that is available today such as videos

Software that can help business owners and individuals manage their finances, track expenses for taxes, and highlight potential errors in bank and investment accounts falls under the general category of _____ programs.

A)addition
B)IRS
C)accounting
D)inventory

Answers

C) Accounting is correct answer

jamboard and slides are two tools that can be used to organize information to be shared in engaging and creative ways. drag and drop the features to each tool.

Answers

The features have been matched with the corresponding tool as follows:

Slides: add a drop shadow to images and graphicsSlides: share with comment rightsSlides: publish to the webSlides: edit the themeJamboard: use the marker, brush, or eraser toolsJamboard: insert a sticky note in multiple colorsJamboard: draw in the frame using the stylusJamboard: guide students with the laser pointer

How do slides and Jamboard work?

Jamboard is a sort of interactive whiteboard tool that is developed with the aim of facilitating learning and collaborative efforts. This tool can be used to pull up images from the web and it also contains a stylus and eraser that can be used to write thoughts and also erase any unwanted thoughts. So, a sticky note in multiple colors can be used on this tool. It also has a laser pointer that can serve as a guide during use.  

Slides are also digital presentation tools. Drop shadow can be applied to images and graphics as is also obtainable in Word. Users can share comments with rights and the presentation can be published to the web and saved on the cloud.

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A principle offers broad goals while leaving human beings in charge. True False Which of the following is an example of saving? Putting money into a savings account Putting money into a checking account Money that you use to pay your taxes All of the above. Which sector is the most stable sector in the economy? Consumption. Business. Government. Foreign. Which of the following is a false statement? Austrian economists criticize the Full Employment and Balanced Growth Act of 1978 The Employment Act of 1946 empowered the federal govemment to pursue mocimum employment, production, and purchasing power Expansions and recessions occur at irregular intervals and last for varyigg lengths of time. Austrian cconomists believe that we can climinate the business cycle.

Answers

The statement "A principle offers broad goals while leaving human beings in charge" is True.Savings refers to a fund which is kept aside by an individual for later use. An example of saving is putting money into a savings account.The government sector is the most stable sector in the economy.

A principle is a broad, and general statement that offers a direction for an organization or an individual, it leaves the individual or an organization to determine the exact way to achieve the principle by themselves. Thus, it is true that a principle offers broad goals while leaving human beings in charge. Savings are typically funds that are kept aside for future use, rather than immediate use. Putting money into a savings account is an example of saving.

This is because the government has the power to raise taxes or borrow money in order to pay for its expenses, unlike individuals and businesses. In addition, government employees are typically paid a fixed salary, regardless of the state of the economy. Austrian economists believe that it is impossible to eliminate the business cycle. This is a false statement.

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What is the risk premium for T&S Footwear stock if its expected real return is 10.59%, the expected inflation rate is 4.11%, and the risk-free return is 6.04%?
11.03% (plus or minus 0.05 percentage points)
9.10% (plus or minus 0.05 percentage points)
4.55% (plus or minus 0.05 percentage points)
15.20% (plus or minus 0.05 percentage points)
None of the above is within 0.05 percentage points of the correct answe

Answers

The risk premium for T&S Footwear stock is 8.79%. To calculate the risk premium for T&S Footwear stock, we need to subtract the risk-free return from the expected real return. The risk premium represents the additional return investors expect to receive for taking on the risk associated with the stock.

Risk Premium = Expected Real Return - Risk-Free Return

Given:

Expected Real Return = 10.59%

Expected Inflation Rate = 4.11%

Risk-Free Return = 6.04%

First, we need to adjust the expected real return for inflation using the Fisher equation:

Expected Nominal Return = (1 + Expected Real Return) * (1 + Expected Inflation Rate) - 1

Expected Nominal Return = (1 + 0.1059) * (1 + 0.0411) - 1

Expected Nominal Return = 1.1483 - 1

Expected Nominal Return = 0.1483 or 14.83%

Next, we can calculate the risk premium:

Risk Premium = Expected Nominal Return - Risk-Free Return

Risk Premium = 14.83% - 6.04%

Risk Premium = 8.79%

Therefore, the risk premium for T&S Footwear stock is 8.79%.

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The ______ is when a higher price level reduces the purchasing power of the public's accumulated savings balances. Multiple choice question. international-trade effect real-balances effect price-level effect interest-rate effect

Answers

Answer:

Explanation:

Hi

The price-level effect is regarded as a situation in which the purchasing power of the customer of its total accumulated savings balances.

How does price level affect the purchasing power of a person?

Price level refers to an amount for which a certain product is available for sale. It is assumed that the savings of the consumer who is willing to buy does NOT change in the meanwhile.

If the price level of a product decreases, the net disposable income in the hands of a consumer will ultimately increase. Similarly, when the price level is higher, the net disposable income in the hands of the consumer is reduced, leading to a decrease in its purchasing power.

For example, when the savings of a person is 100 and the Product A costs 50 the consumer buys 2 units; When the prices are increased to 100, now the consumer can buy only 1 unit of Product A, indicating a decrease in the purchasing power of the person.

Hence, the price level effect is when the higher price level reduces the purchasing power of the public's savings.

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HOW IS EVERYONE i love u all and enjoy helping you where u may struggle

Answers

I LOVE YOU. i am good thank you :) how are you??

Answer:

THANK YOU SOOO VERY MUCH. I need assistance with my question

In a free market economy, the market, not the
determines prices. The interactions of
and
determine the price in the market?

Answers

In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.

Answer: 1. government , 2. consumers , 3. producers

Explanation: edmentum / plato

A de jure corporation is one that is formed to accomplish a single purpose within a limited time. True False

Answers

It is false that a de jure corporation is one that is formed to accomplish a single purpose within a limited time.

To find out why a de jure corporation is not limited to a single purpose, we need to know more.

What is de jure corporation?It is when a coporation has fulfiled the required mandate within the ambit of the law to become a corporation.For a certified de jur coporation, they can issue stocks and also carry out daily activities.

Hence, we can conclude that a de jure corporation is not one that is formed to accomplish a single purpose within a limited time.

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On December 1, 2020, Progressive Corp. issued $5,000,000 (par value), 12%, 5-year convertible bonds for $5,026,000 plus accrued interest. The bonds were dated April 1, 2020 with interest payable April 1 and October 1. If the bonds had NOT been convertible, they would have sold for $5,006,000. The bond premium/discount is amortized each interest period on a straight-line basis. Progressive does NOT value the equity component at zero. Progressive’s fiscal year end is September 30. On October 1, 2021, half of these bonds were converted into 35,000 no par common shares. Accrued interest was paid in cash at the time of conversion. Required
a. Prepare the entry to record the interest expense at April 1, 2021. Assume that interest payable was credited when the bonds were issued (round to nearest dollar).
b. Prepare the entry to record the conversion on October 1, 2021. Use the book value method. Assume that the entry to record amortization of the bond premium/discount and interest payment has been made.

Answers

To record the interest expense on April 1, 2021, we need to calculate the amount of interest to be accrued. The bonds have a par value of $5,000,000 and a coupon rate of 12%, which means the annual interest payment is $5,000,000 * 12% = $600,000.

Since the bonds were issued on December 1, 2020, and interest is payable semi-annually on April 1 and October 1, the interest period is from December 1, 2020, to April 1, 2021. This is a four-month period (120 days).

To calculate the interest expense, we divide the annual interest payment by the number of days in a year (365) and multiply it by the number of days in the interest period (120):

Interest Expense = ($600,000 / 365) * 120 = $197,260 (rounded to nearest dollar).

The entry to record the interest expense on April 1, 2021, would be:

Debit: Interest Expense $197,260

Credit: Interest Payable $197,260

b. To record the conversion on October 1, 2021, using the book value method, we need to determine the book value of the bonds being converted. The book value is the carrying value of the bonds on the balance sheet.

Since the bonds have been amortized on a straight-line basis, we need to calculate the amortization for the period from April 1, 2021, to October 1, 2021. The remaining unamortized bond premium or discount is allocated over the remaining life of the bonds.

First, calculate the unamortized bond premium or discount. The bonds were issued at $5,026,000, but their fair value if they were not convertible was $5,006,000. Therefore, the bond premium is $5,026,000 - $5,006,000 = $20,000.

The remaining life of the bonds is 5 years - (9 months / 12 months per year) = 4.25 years.

To calculate the amortization for the period, divide the unamortized bond premium by the remaining life:

Amortization = $20,000 / 4.25 = $4,705.88 (rounded to nearest dollar).

The book value of the bonds being converted is the carrying value minus the unamortized bond premium:

Book Value = Carrying Value - Unamortized Bond Premium

= $5,026,000 - $20,000 = $5,006,000.

Now, we can record the conversion on October 1, 2021:

Debit: Bonds Payable $5,006,000

Debit: Unamortized Bond Premium $20,000

Credit: Common Stock (no par value) $-

Credit: Additional Paid-in Capital $20,000

The entry debits the Bonds Payable and the Unamortized Bond Premium accounts with their respective book values and credits the Common Stock and Additional Paid-in Capital accounts for the same amounts.

This entry records the conversion of the bonds into common shares, with the book value of the bonds being transferred to the Common Stock and Additional Paid-in Capital accounts.

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