On June 15, Orange Inc. decided to retire the 2,000 shares of stock that is brought back for $100,000. If the $5 par value common stock was originally issued at $6 per share, the journal entry to record this retirement of treasure stock would
Answers
The journal entry to record this retirement of treasure stock would retired 2,000 shares that cost $50 per share and were originally issued at $6 per shares.
Date Account title Debit CreditJune 15 Common stock $10,000
(2000 * $5)
Additional Paid-in-capital $2,000
(2,0000 * ($6 - $5))
Retained earnings $88,000
($100,000 - $10,000 - $2,000)
Treasury stock, common $100,000
(To record this retirement of treasure stock)
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Related Questions
how much lower (expressed in $’s) is, on average, the inventory cost for dirt cheap compared to kwiki-mart of a house hold cleaner valued at $15?
Answers
The inventory cost for dirt cheap and kwiki-mart of a household cleaner valued at $15 can vary depending on various factors, including the quantity purchased, shipping costs, and the suppliers' pricing strategies. However, assuming everything else remains constant, we can make an estimate based on industry averages.
Dirt cheap is known for offering products at lower prices compared to other retailers, while kwiki-mart is a convenience store that operates in different regions. Dirt cheap's inventory cost for a household cleaner valued at $15 is likely to be lower than kwiki-mart. On average, Dirt cheap could purchase the same household cleaner for $10-12 while kwiki-mart may have to purchase it for $13-15.
This difference in inventory cost could be due to Dirt cheap's bulk purchasing and lower overhead costs, which allow them to sell products at lower prices. Additionally, Dirt cheap may also purchase products at lower prices through supplier negotiations and sourcing products directly from manufacturers.
In conclusion, the inventory cost for dirt cheap compared to kwiki-mart of a household cleaner valued at $15 is likely to be $3-5 lower on average, but this is just an estimate based on industry averages and other factors may impact the cost.
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The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answers
Answer:
Who,When,What
Explanation:
Because market and operating conditions are different in each target market, ________. Group of answer choices all consumers will react similarly to the firm's pricing strategy the choice of a pricing strategy is specific to the target market prices need to be held constant because everything else is changing only horizontal price fixing should be used external reference prices will always be the best strategy
Answers
Answer: Your answer is "the choice of a pricing strategy is specific to the target market"
Explanation:
I did this before-
URGENT: Creating and using a checklist makes home maintenance and repair projects more _______. (10 letters)
Answers
Answer:
productive
Explanation:
Why are people attracted to goat Chyangra and sheep farming?
Answers
Answer:
Provision of simple shed with low cost housing materials is enough for sheep and goat for its optimum production efficiency. The sheds should be constructed in an elevated area to prevent water stagnation. Fodder trees can be grown around the shed, which acts as a source of feed for the growing goats.
under the equity method, dividends received by the investor should be recorded as a.investment revenue. b.an addition to the carrying value of the investment. c.dividend revenue. d.a reduction in the carrying value of the investment.
Answers
Dividends obtained by the investor should be recorded as a decrease in the investment's carrying value under the equity approach. Here option D is the correct answer.
Under the equity method of accounting, the investor records its share of the investee's income as investment revenue. However, dividends received by the investor from the investee are recorded differently.
Dividends are payments made by a company to its shareholders as a distribution of profits. When the investor receives dividends from the investee, it reduces the carrying value of the investment. This is because the dividends represent a return on the investor's original investment and do not contribute to the investor's ownership interest in the investee.
Dividends received by the investor under the equity method should be recorded as a reduction in the carrying value of the investment, which is reported on the investor's balance sheet as a long-term asset. This reduction is necessary to reflect the decrease in the investor's share of the investee's assets and earnings, as a result of the dividends paid out.
It is important to note that the equity method is used when the investor has significant influence over the investee, but not control. In this case, the investor is treated as a part-owner of the investee and is required to report its share of the investee's earnings and losses.
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In early America, the Navigation Acts ensured all imported products came from England. What type of market structure is this an example of?
A) monopoly
B) oligopoly
C) traditional
D) free competition
Answers
Answer:
Monopoly
Explanation:
The monopoly is the market structure where there is only single seller who sells a unique product. Also in this market, there is no competition as the seller is only one who deals in one product and other sellers has nno close subsitutes
So as per the given situation since the imported goods came from england so this represents the monopoly
Hence, the correct option is A.
the are the prototype of the modern multinational firm that goes overseas to produce and sell in foreign markets. a. cost minimizers b. market seekers c. raw-material seekers
Answers
The b) market seekers are the prototype of the modern multinational firm that goes overseas to produce and sell in foreign markets.
What is market seekers?The hidden job market refers to job openings that are not publicly advertised or listed on job boards but rather filled through networking, referrals, and other informal channels. Accessing the hidden job market can be a useful strategy for job seekers, as these types of job openings may not be as competitive and may offer more opportunities for advancement.
Building a strong network of contacts in the industry can be an effective way to learn about job openings that are not publicly advertised. Attending industry events, joining professional organizations, and reaching out to people to learn about potential job opportunities are helpful. Asking friends, family, and other contacts if they know of any job openings can be a good way to access the hidden job market. If one has a strong relationship with a company employee they may be able to refer for a job opening that has not been publicly advertised.
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A(n)
is a tax issued by the federal government on imported goods.
sales tax
tariff
excise tax
Answers
Answer: tariff
Explanation:
I took the test
Outline one factor that might be helpful about having a clear target market
Answers
Answer:
Being able to find other entrepreneurs that are interested in the same target market, learning from their experience, asking for their help and building PR relations
What is something that will not help you get a higher credit limit?
A: Paying off the balance of the credit card each month
B: Asking the banking company for a higher limit on your credit card
C: Maxing out the credit card and only making the minimum payment each month
D: Making more money at your job (More personal income)
Answers
Maxing out the credit card and only making the minimum payment each month is something that will not help you get a higher credit limit. A credit limit is the most money you are permitted to spend on a credit card or line of credit by a lender.
If a credit card company grants you a credit limit of $2,500, that is the most you may ever have charged to the card payment . If you charge $1,900 to your card, you will have $600 left over that you can use without paying a fee or being restricted from using the card limit further.
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which sector require joint or collaborative works in our communities
Answers
Answer:
Collaborative working can last for a fixed length of time or can form a permanent arrangement. What these options have in common is that they involve some sort of exchange, for mutual advantage, that ultimately benefits end users.
Types of collaborative working
Separate organisations maintain their independence, but work jointly on some activities or functions
Organisations with resources or expertise offer assistance to other organisations, eg a large national organisation working with a small local group
A new organisation to do joint work on some activities or functions
A group structure where a 'parent' organisation governs a group of 'subsidiary' organisations
Merger to form a new organisation working as one body on all activities
Explanation:
I need help!!!!! :| !!!
Answers
Answer:
b
Explanation:
boi, why am i alive.-
Answers
Answer: so you can grow older
Explanation:
Suppliers want to sell large quantities of products with a high
Answers
Answer:
price
Explanation:
supplier will be willing and able to sell products for high prices as their able to make a good profit
Changes to BC Labour Code
What are the potential negative impacts and who would be
impacted?
Answers
Changes to the BC Labour Code can have potential negative impacts on workers' rights, union power, workplace safety, equality, and employee morale. This can affect employees across industries, weaken collective bargaining, increase occupational risks, perpetuate inequalities, and decrease job satisfaction and well-being.
The potential negative impacts of changes to the BC Labour Code can vary depending on the specific changes implemented. However, some general potential negative impacts and affected parties could include:
Workers' rights and protections: If the changes weaken workers' rights and protections, it could lead to decreased job security, lower wages, longer working hours, reduced benefits, and limited access to collective bargaining. This would directly impact employees across various industries.Unions and collective bargaining power: If the changes limit or restrict the ability of unions to organize, negotiate collective agreements, or engage in industrial action, it can weaken the collective bargaining power of workers and hinder their ability to advocate for fair wages, better working conditions, and improved benefits.Workplace safety and health: If there are changes that result in reduced regulations or enforcement around workplace safety and health standards, it can increase the risk of injuries or occupational hazards for workers in various industries.Equality and diversity: If the changes fail to address or strengthen protections against discrimination and promote diversity and inclusion in the workplace, it can negatively impact marginalized groups and perpetuate inequalities.Employee morale and job satisfaction: Negative changes to the labor code can erode employee morale, job satisfaction, and overall well-being, leading to increased stress levels and reduced productivity.It is important to note that the specific impacts and affected parties would depend on the nature of the changes made to the BC Labour Code and how they are implemented. Detailed analysis and consultation with stakeholders would be necessary to fully assess the potential negative impacts and those who would be directly impacted.
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which represents an employee benefit?wage paid per hour of workhealth-insurance plan with company-paid premiumsschedule with weekends offgratuity given by customers or clients
Answers
three represent employee benefits: wage paid per hour of work, health-insurance plan with company-paid premiums, and a schedule with weekends off.
The wage paid per hour of work is a direct compensation provided to employees for their services. It reflects the monetary value assigned to their labor and is an essential component of their overall remuneration.
A health-insurance plan with company-paid premiums is an employee benefit that offers financial coverage for medical expenses. The company bears the cost of the premiums, allowing employees to access healthcare services without shouldering the full burden of insurance costs.
A schedule with weekends off is another employee benefit that promotes work-life balance. By providing designated days off, such as weekends, employers acknowledge the importance of personal time and provide employees with an opportunity to rest, spend time with family, and engage in leisure activities.
On the other hand, gratuity given by customers or clients is not typically considered an employee benefit. While it represents additional income for employees in certain industries, it is contingent upon customer generosity and may not be consistent or guaranteed.
Overall, employee benefits aim to enhance the overall compensation package, support employee well-being, and create a positive work environment.
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The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
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Cultures that score high on the Uncertainty Avoidance Index
O seldom experience much stress.
O take an empirical approach to knowledge.
O enjoy ambiguity.
O value security and try to always follow the rules.
Answers
Answer:
seldom experience much stress.
Explanation:
countries that have high levels of uncertainty avoidance tend to be less stress-prone and more likely to take an empirical approach to knowledge. They also generally enjoy ambiguity and value security.
It is difficult to say definitively what the effects of scoring high on the Uncertainty Avoidance Index are, as every culture is different. However, in general, it seems that cultures that score higher on this index tend to experience more stress, take an empirical approach to knowledge, and value security more. They may also try to always follow the rules, which can lead to a feeling of rigidity.
When Edmund died, he left several properties to his heirs. He owned a grocery store and a campground outright, and a strip mall that was held in a living trust. Which of the properties, if any, did NOT have to go through the probate process after his death?
Answers
Answer: Strip Mall
Explanation:
According to California real estate laws, there are certain properties that do not have to go through the probate process when the owner dies. These include any assets held in a living trust as well as irrevocable trusts and assets that the now deceased person transferred out of their estate before they died.
As the Strip mall was held in a living trust, it is not to be subject to the probate process.
PLZ HELP this is Econ btw !!! How can technology as a determinant decrease supply? Explain or give
an example.
Answers
Answer:
as we simply know the technology degradation will increase the cost of production and decrease the profit and when there will be less profit the supplier supplies less goods in the market
hence the supply will decrease.
vice versa in the case of technology improvement.
is it fine?
you purchase a car for 20,000 you made a down payment of 5,000 and took out a loan for the rest. what is the principle balance of the loan
Answers
Answer:
15,000
Explanation:
The principal amount in a loan is the amount borrowed. It is the amount from which interest is calculated. When repaying a loan, the full principal amount and the interest must be paid.
The car is valued at 20,000. A deposit of 5000 is paid. the principal amount in the loan is 15,000. (20,000 - 5000)
True or False
A Person who works full time for a power company in the energy cluster is considered a consultant.
Answers
Answer:
True
Explanation:
Answer:
False, i took the quiz and got 100% percent- k-12 7th grade career final exam
Explanation:
from 1981 to 2001, which change was most likely happening in the us economy? a decrease in spending by consumers an increase in the number of workers an increase in spending by consumers an increase in government intervention in the economy
Answers
Answer:
C
An increase in spending by consumers
Explanation:
From 1981 to 2001, The change that was most likely happening in the US economy is an increase in spending by consumers. Thus, option third is correct.
What is a kind of economy in U.S.?The United States has a mixed economy, which includes components of the command and market economic models. In terms of consumer products and corporate services, the US economy is a free market.
Although the US economy is currently one of the most stable in the world, consumer spending increased between 1981 and 2001. There are several economic systems in operation around the world. Socialism, communism, and capitalism are a few instances. The United States operates under a capitalist framework.
And in economics, when there is public spending, there is a positive impact in the economy. Therefore, it can be concluded that option third is correct.
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Which of the following information is needed when creating an effective budget? (1 point)
O gross income, variable expenses, fixed expenses, and savings
O net income, variable income, fixed income, and savings
O gross income, variable income, fixed income, and savings
O net income, variable expenses, fixed expenses, and savings
Answers
A solid budget goes beyond forecasting and tracking income and expenses, it need the gross income, variable expenses, fixed expenses, and savings.
Creating an effective budget.A good budget does more than just forecast or track income and expenses. A small firm can use its budget to stay on top of financial trends, allowing it to capitalize on unexpectedly strong performance and respond quickly to cash flow downturns.
When developing a successful budget, keep in mind your gross income (total income before deductions), which serves as the foundation for your financial planning. Variable expenses are monthly costs that fluctuate or change, such as groceries or entertainment. Rent or mortgage payments, for example, are examples of fixed expenses. Savings are the funds saved aside from your earnings for future aspirations or crises.
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Jaylen wants to open an account where he can access money whenever he
needs it. Which type of account should Jaylen open?
A. Money market account
B. Savings account
C. Checking account
D. Certificate of deposit
Answers
this is for you so i dont feel bad
Answers
What economic strategy did Franklin Roosevelt use?
Answers
Economic strategy did Franklin Roosevelt use to the role of the federal government in the nation's economy.
Economic strategy refers to the strategy in which new and rapidly developing area of economic consulting, which include the application of economic principles and methods to provide clients with unique insights to aim at addressing specific problems or enhancing their long term performance .
Roosevelt believed the national government to start including the federal money. The first major help to large numbers of jobless Americans was the Federal Emergency Relief Act.
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taylor what happened
Answers
Answer:
whos taylor?
Explanation:
i dont know anyone named taylor so...
Answer:
do fish get thristy? this is a assignment for health
which one of the following is the least likely to be the action a company takes after data mining?
Answers
Rearrange products on the shelves is the least likely to be the action a company takes after data mining.
Data mining is the process of analyzing large amounts of data in order to discover patterns and insights. After data mining, companies typically use the information they have gathered to make decisions about their business. Rearranging products on the shelves is not a common action that companies take after data mining because it is not directly related to analyzing data. The other options, such as selecting customers to target, segmenting customers, and designing a survey to get customer feedback, are all common actions that companies take after data mining because they involve using the information gathered from data analysis to make decisions about how to improve their business. By targeting specific customers or segments, companies can tailor their products or marketing efforts to better meet the needs of their audience, and by conducting surveys they can gather additional feedback to further inform their business decisions.
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