On March 1, 2005, Marcy Company sold the remaining 400 shares of its own common stock for $15 per share. The journal entry includes debiting cash, loss on the sale of stock, and crediting common stock and additional paid-in capital.
To record the sale of the remaining 400 shares of the company's own common stock on March 1, 2005, the following journal entry is required:
Calculate the gain/loss on the sale of shares
Cost of shares sold = Cost per share * Number of shares sold
Cost of shares sold = $22,000 / 1,000 shares * 400 shares = $8,800
Proceeds from the sale of shares = Selling price per share * Number of shares sold
Proceeds from the sale of shares = $15 per share * 400 shares = $6,000
Gain/Loss on sale of shares = Proceeds - Cost
Gain/Loss on sale of shares = $6,000 - $8,800 = -$2,800 (Loss)
Record the journal entry
Debit: Cash (400 shares * $15 per share)
Debit: Loss on Sale of Stock (Loss of $2,800)
Credit: Common Stock (400 shares * Par value per share)
Credit: Additional Paid-in Capital (Any remaining balance)
The specific amounts for the par value and additional paid-in capital depend on the company's specific details.
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Describe the multinational structure and international presence of BHP and focusing on their physical presence and forms of entry, as well as their equity market listing(s).
The recent delisting from the London Stock Exchange (LSE) has changed the company standing on the ASX in terms of stock market presence. Explain how.
BHP has a multinational structure and an international presence. The firm has a large workforce and operates in a variety of locations worldwide, with the majority of its operations located in Australia and the Americas. BHP has used a variety of entry strategies to enter different markets, including acquisitions, joint ventures, and greenfield investment. BHP's equity market listing is dual-listed, and it is now only listed on the ASX following its delisting from the LSE.
BHP, one of the world's leading resource companies, has an international presence, a multinational structure, and operates across the world. It has a workforce of 80,000+ employees who work in multiple countries. BHP has an extensive physical presence worldwide, with the majority of its operations located in Australia and the Americas. BHP's global operations are divided into five groups: Petroleum, Minerals Australia, Minerals Americas, Steel, and Corporate. BHP has a diverse portfolio of assets, including minerals, oil, and gas, and it operates in a variety of locations. It's among the world's largest mining companies and has a global customer base.
BHP has a long history of international expansion and has used a variety of entry strategies to enter various markets. For example, in the case of its entry into the US, BHP used acquisitions. BHP's joint venture partnerships with other firms have aided its entry into several markets, such as those in Asia. In contrast, the company's entry into China was largely through greenfield investment, as it is prohibited from acquiring a majority stake in local companies.
BHP has a unique equity market listing in that it is dual-listed. BHP is listed on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE). In November 2018, BHP's LSE-listed shares were delisted, leaving only the company's ASX listing, following a successful buyback. It is possible to purchase BHP shares on other stock exchanges, such as the Johannesburg Stock Exchange.
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krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.
The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.
What is the Linear equation?A linear equation is defined as an equation in which the highest power of the variable is always one.
Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.
Let y represent the total number of pieces Krysta would learn,
And x represent depends on the number of months of piano lessons,
According to the given situation, we can write the equation would be as:
⇒ y = 3x
Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.
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Economic stability is a situation in which the economy experiences constant____and low____.
Economic stability is a situation in which the economy experiences constant growth and low inflation.
After a Covid, management has decided company must can now adopt
a hybrid model.Write an email to all staff explaining the changes
in all operations.
The company will be adopting a hybrid model combining traditional and remote work environments due to the impact of the Covid pandemic, and will provide training and support for staff during the transition.
Dear all staff,
I hope this email finds you well. As you all know, the Covid pandemic has had a significant impact on our operations. In light of this, the management team has decided that we must now adopt a hybrid model to ensure that our operations can continue in the future.
We will be moving forward with a hybrid model, which means that we will be combining our traditional work environment with a remote work environment. This new model will allow us to continue operating while also keeping our staff safe.
In order to accommodate this new model, we will be making changes to our operations. We will be revising our work policies and procedures to ensure that they align with this new model. We will also be investing in new technologies and software to facilitate remote work.
To ensure that our transition to this new model is as smooth as possible, we will be providing training to all staff. This training will cover topics such as remote work best practices, communication tools, and other relevant topics.
We understand that this is a significant change, and we are committed to making this transition as easy as possible for everyone involved. If you have any questions or concerns, please don't hesitate to reach out to your supervisor or HR representative.
Thank you for your understanding and cooperation as we navigate this change.
Sincerely,
Management
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(100 POINTS)How much money will i make my first week from dropshipping
unlike other capital investments, the decision framework for projects should evaluate benefits that go beyond economics.T/F
True. Unlike other capital investments, the decision framework for projects should evaluate benefits that go beyond economics.
This is because projects often have a broader impact that extends beyond financial considerations. When evaluating projects, it is important to consider not only the economic benefits but also the social, environmental, and long-term impacts. While financial factors such as return on investment and profitability are essential considerations, they do not provide a complete picture of a project's value. Projects can have significant social benefits, such as job creation, improved quality of life, and community development. They may also have environmental implications, such as reducing carbon emissions, conserving natural resources, or promoting sustainable practices. Additionally, projects may contribute to the achievement of strategic objectives, enhance brand reputation, or align with ethical and corporate social responsibility goals.
Moreover, some projects may be undertaken for non-economic reasons, such as philanthropic initiatives or government-sponsored projects aimed at public welfare. In these cases, the decision framework must consider the social and public value generated by the project, even if the financial returns may be limited.
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federal housing administration (fha) loans differ from conventional loans in a number of ways. all of the following statements regarding fha loans are true except:
Several factors set Federal Housing Administration (FHA) loans apart from conventional loans. All of the following claims about FHA loans are accurate, but not: In comparison to prime conventional loans, FHA loans have stricter credit score requirements.
Qualifications for an FHA loan are less stringent than those of a conventional loan, which is not insured by the Federal government. To be eligible for a traditional loan, you must have a higher credit score, a lower debt-to-income ratio, and a larger down payment. Those applying for an FHA loan will likely spend more up front and with each payment, which may indicate that they aren't ready to take out a mortgage.
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Suppose the government of Mexico runs a budget deficit. This will result in: A. an increase in interest rates in Mexico and an increase in the value of the peso relative to other currencies. B. a decrease in interest rates in Mexico and an increase in the value of the peso relative to other currencies. C. a decrease in interest rates in Mexico and a decrease in the value of the peso relative to other currencies. D. an increase in interest rates in Mexico and a decrease in the value of the peso relative to other currencies.
Answer:
I belive Is A Please Tell me if I'm wrong or right
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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What would you do if fear was not a factor and you could not fail
Answer:
You don't have to take insane risks to achieve most of the goals if fear was not a factor or you could not fail but you have to take action and just you will win without hard work, without stress, without fair and that is worthless. If you don't try something, you never had a chance of winning it.
Answer:
Fear is main cause to fall or fail.
if there is no sort of fear I think I will be relaxed,fee and enjoy my life without difficulties and problems.
I think if there is no fear I will do whatever I like
I may fly in the sky without wings.
I may walk in the surface of water.
Some Human Services are reimbursed through the client’s health insurance plan. Which profession in this cluster is most likely to be paid for by funds from an insurance account?
A. Hairstylist
B. Religious Leader
C. Sociological Researcher
D. Mental Health Counselor
Answer:
D
Explanation:
I took the test and got it right
This cluster is most likely to be paid for by funds from an insurance account is in the profession of Mental Health Counselor. The correct option is (D).
What do you mean by health insurance?Health insurance is a sort of insurance that pays for unexpected medical costs brought on by a disease.
These expenditures may be associated with the price of hospitalization, the price of medications, or the cost of medical visits.
Hospitalization expenses are covered by health insurance policies, and some even provide a daily hospitalization allowance.
But bear in mind that many health insurance policies include limitations and requirements that must be satisfied before such coverage is provided.
Therefore, this cluster is most likely to be paid for by funds from an insurance account is in the profession of Mental Health Counselor.
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firms will only adopt more automated methods of production when
Answer when the argument gets too long
Explanation:
Question 5 of 10
Which of the following is an internal factor?
A. Employee turnover
B. Economic recession
C. Employment laws
D. Interest rates
Answer:
A. Employee turnover
Explanation:
Internal factors refer to the things that are within the organization's control. They are issues or factors unique to a particular organization. Internal factor contrasts with external factors which refer to issues that affect the whole industry and therefore beyond the control of any single organization.
Employee turnover refers to the rate at which employees leave the company, either voluntary or involuntary. Each organization will have a unique employee turnover rate. Employee turnover is, to a large extent, within the organization's control.
Matt, a manager in New York City, has been transferred by his company to Japan for six months to study their operations as well as to negotiate a supplier contract. Matt is having some problems understanding how to do business in Japan. He wants to get down to business and get things done, but he senses that his Japanese coworkers want to get to know and trust him before focusing on doing business. The problem could be the fact that Matt is from a(n) __________, and believes building personal relationships is a waste of time that diverts attention away from the task at hand.
The correct option is B. The problem could be the fact that Matt is from high-context culture and believes building personal relationships is a waste of time that diverts attention away from the task at hand.
What is a high context relationship?High-context cultures are more likely to be intuitive, contemplative, and concerned with the collective. Communicators in high-context cultures pay attention to more than the words spoken – they also pay attention to interpersonal relationships, nonverbal expressions, physical settings, and social settings.
Hall identifies high-context cultures as those in which harmony and the well-being of the group is preferred over individual achievement.
I understand that the question you are looking for is:
The problem could be the fact that Matt is from a(n) __________, and believes building personal relationships is a waste of time that diverts attention away from the task at hand.
a) company that does not encourage communication
b) high-context culture
c) informal culture
d) low-context culture
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What is defined as a budget surplus? (1 point)
O Spending exceeds income.
OA spending necessity.
OA spending desire or luxury.
O Take-home pay exceeds spending.
Take-home pay or income exceeds spending is defined as a budget surplus.
When income surpasses expenditure, there is a budget surplus. Since people often have "savings" rather than a "budget surplus," which is a sign that a government's finances are being handled well, the word is frequently used to describe the financial situation of the government.
A budget excess might be put to use for a purchase, debt repayment, or retirement planning. If a community has a budget surplus, it could utilize that money to make renovations, such reviving a run-down park or downtown. There is a budget imbalance when expenses go beyond revenues. Similar to when someone spends more than they make and pays interest on a credit card debt, deficits require borrowing money and paying interest. When spending and revenue are equal, a budget is balanced.
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Can someone please help me with this!!!!
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
The following table shows the salary of 7 people in an office last year.
Name Income Andy £9500 Bevan £25000 Cheryl £13250 Deva £72000 Elliott £12750 Frankie £29500 Grace £11000 a) Work out the mean income to 2 DP.
b) Deva was given a large bonus for 30 years service.
Excluding Deva's income, what was the mean income for the remaining 6 workers to 2 DP?
Answer:
£16,833.33
Explanation:
The computation of mean income is shown below:-
Mean income = Total sum of salaries ÷ Number of workers
= £9,500 + £25,000 + £13,250 + £72,000 + £12,750 + £29,500 + £11,000
= £173,000 ÷ 7
= £24,714.29
Now, the Mean income excluding Deva's salary:
Mean income = Mean income
= Total sum of salaries excluding Deva salary ÷ Number of workers
= (£9,500 + £25,000 + £13,250 + £12,750 + £29,500 + £11,000) ÷ 6
= £101,000 ÷ 6
= £16,833.33
We simply applied the above formulas
IN A DEPARTMENT STORE, SALESPEOPLE ARE REWARDED BASED ON THEIR SALES VOLUME. THE PROBLEM IS THAT THEY ARE GIVING SUBSTANTIAL DISCOUNTS AND PRESSURING CUSTOMERS TO MAKE UNNECESSARY PURCHASES What are the reasons for the negative consequences of these bonus schemes? Modify these schemes to solve the problems.
Answer:
This bonus scheme has two main problems:
consumer satisfaction will decrease because they are pressured to make unnecessary purchases and once they realize it they will not be happy with the store nor with their purchasing experience. This will damage the relationship between the store and its customers. since salespeople are offering substantial discounts in order to boost sales volume, then the profits of the company will decrease.In this situation both lose, the company and its customers.
In order to solve this issue, the store should award bonuses based on total revenue and gross profit margin, not volume. This way, the salespeople will try to sell their products at the normal price, which means that they will have to convince their customers through other strategies and not just low price. The sales technique will have to shift from low cost to differentiated product that can satisfy their customers' needs.
Based on the information given, the negative consequence of the bonus schemes is the reduction in profit.
It should be noted that a bonus scheme simply means an incentive scheme given to employees. It's used to boost the performance of the team.
It should be noted that the disadvantage of the bonus scheme is that it can lead to competition among the employees. Therefore, in this case, the bonus should not be based on volume of goods sold.
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Why is it called Chick-Fil-A when a Fil-A (filet) is normally cooked with beef???
If the account is interest bearing, how would you account for the interest when you reconcile your account?
1. subtract the interest from your running balance
2. add the interest to your running balance
3. forget about it since it is probably a small amount
4. keep a separate entry for interest
Answer:
the answer is 1 I do in fact think
The account for the interest when you reconcile your account is subtract the interest from your running balance Option(1) is correct. Stores have filled unequivocally as of late, despite the fact that there has been no development in interest-bearing protections.
What is Interest Bearing?An interest-bearing record is a kind of financial balance that pays the client an interest rate in return for them storing their cash at the bank.
The return and interest rate offered will change by bank and rely upon the record agreements. They can likewise change over the long run. There are various reasons you ought to open an interest-bearing record.
Not exclusively will you bring in cash from your reserve funds, yet you can keep it where you will not be enticed to spend it. It's dependably really smart to set aside cash and keeping one or even a few records that procure you interest is a shockingly better thought.
Families contribute around two-fifths of their monetary resources in interest-bearing resources. These resources are prevalently held straightforwardly in stores and furthermore through superannuation and other venture reserves.
Therefore Option(1) is correct.
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Why should the interest rate be of concern to you if you are going to purchase a car or
house in the future? (explain in 4 sentences)
Borrowing money is more expensive when interest rates rise and cheaper when interest rates are so low. Make sure you fully comprehend how the rate of interest will impact the total sum you owe before accepting a loan.
The financial decisions you make are impacted by interest rates. Some of these are simple to understand; for instance, consider the amount of money you would deposit into your bank account if it offered 15% interest as opposed to 0.5%.
What is interest rate?
The yearly cost of a debt to a borrower is referred to as the interest rate and is indicated as a percentage. APR represents the total yearly cost of a debt to the borrower, including all fees. The APR is stated as a percentage, just like an interest rate.
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you would like your database to automatically update when you update your spreadsheet you should ?
If you would like a database to automatically update when you update your spreadsheet, you should link them to other file. You can directly link it with an external source.
What is a database?A database is an information that is set up for easy access, management and updating. Computer databases typically store aggregations of data records or files that contain information, such as sales transactions, customer data, financials and product information. Databases are used for storing, maintaining and accessing any sort of data. They collect information on people, places or things.
That information is gathered in one place so that it can be observed and analyzed. Databases can be thought of as an organized collection of information.
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how does tax increase cost of production?
Answer:
Tax incidence is the effect a particular tax has on the two parties of a transaction; the producer that makes the good and the consumer that buys it. The burden of the tax is not dependent on whether the state collects the revenue from the producer or consumer, but on the price elasticity of supply and the price elasticity of demand. To understand how elasticities influence tax incidence, it is important to consider the two extreme scenarios and how the tax burden is distributed between the two parties.
Answer:
As with the specific tax, the tax raises production costs, but the amount of tax varies with price level.
Explanation:
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
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
Peyton Corporation and Rogers Corporation operate in the same industry. Peyton uses the straight-line method to account for depreciation, whereas Rogers uses an accelerated method. Explain what complications might arise in trying to compare the results of these two companies.
Answer:
If both firms have a lot of depreciable fixed assets, using the MACRS depreciation schedule or some other type of accelerated depreciation method will increase their expenses during the first years resulting in lower operating income. This situation reverses in the later years when the depreciation expense becomes much lower, resulting in higher operating income. On the other hand, using straight line depreciation makes your depreciation expense more stable and sometimes even more realistic.
Companies use MACRS depreciation to lower their tax liabilities by lowering their income. Remember that $1 saved today is worth more than $1 saved tomorrow.
In this case, Rogers Corporation might yield a lower income during the first years that it depreciates its assets, but then it will show much higher income (during the last years). Peyton Corporation should show more stable income.
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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during his interview, daniel asked the human resource associate if all marketing decisions were made by upper-level managers or if lower-level managers participated in the process. daniel was inquiring about blank . multiple choice question. horizontal differentiation the mission statement control systems vertical differentiation
By inquiring about the decisions made by the upper and lower level managers, Daniel was inquiring about vertical differentiation.
What is vertical differentiation?When it comes to organization structure, vertical differentiation is used to describe the difference between the decision - making processes in an organization or company. It shows how decision - making powers are divided amongst the different levels of employees in the company i.e. managers v. employees.
In the case of the decisions made by upper and lower level managers, vertical differentiation would show the types of decisions made by these managers. Daniel was asking about the type of decisions that would be taken by upper and lower level managers which means that this is vertical differentiation as it relates to the decisions made by the different levels of management. Vertical differentiation can be a huge factor in the employee turnover rates of a company.
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Interdependence among individuals and interdependence among nations are both based on the gains from trade. T/F
True. Interdependence among individuals and nations is based on the principle of gains from trade.
Gains from trade arise because of the differences in the relative productivity of individuals or nations. When individuals or nations specialize in producing goods or services in which they have a comparative advantage and trade with others, they can achieve a higher level of consumption than they could by producing everything on their own. This mutual gain from trade leads to interdependence among individuals and nations, as they rely on each other's productivity and trade. In both cases, interdependence allows for the specialization of labor and resources, which ultimately leads to increased efficiency, higher output, and improved standards of living.
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What is the variable cost of a business if its fixed cost is $8900 and its total costs are $14,000?
The variable cost of the business is $5,100.
How to determine the variable costTo determine the variable cost of a business, we need to use the formula:
Total cost = Fixed cost + Variable cost
We can rearrange this formula to solve for the variable cost:
Variable cost = Total cost - Fixed cost
Substituting the given values, we get:
Variable cost = $14,000 - $8,900
Variable cost = $5,100
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Answer:
The company's variable cost is $5,100.
Explanation:
E-mail marketing serves all of the following purposes except
Answer:
To encourage customers to forward the e-mail to their friends.
Answer:
ion know bout that one there
Explanation: