Answer: $2,760
Explanation:
The Treasury account is for a company's own shares that it buys back.
Company purchased 100 shares for $40:
= 100 * 40
= $4,000
June 20, they sold 50 of these shares. It will be deducted from the Treasury account at cost. Balance is:
= 4,000 - (50 * 40)
= $2,000
On September 1, 20 shares at $38 were reissued. Balance in Treasury Account goes to:
= 2,000 + (20 * 38)
= $2,760
On January 1, 2021, David Mest Communications granted restricted stock units (RSUs) representing 30 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $15 per share on the grant date. At the date of grant, Mest anticipated that 7% of the recipients would leave the firm prior to vesting. On January 1, 2022, 6% of the RSUs are forfeited due to executive turnover. Mest chooses the option to account for forfeitures when they actually occur.
Answer:
1. December 31, 2018
Dr Compensation expense $150 million
Cr Paid-in capital - restricted stock $150 million
2. December 31, 2019
Dr Compensation expense $132 million
Cr Paid-in capital - restricted stock $132 million
3. December 31, 2020
Dr Compensation expense $141 million
Cr Paid-in capital-restricted stock $141 million
Explanation:
1. to 3. Preparation of the appropriate journal entry to record compensation expense on December 31, 2018. December 31, 2019. and December 31, 2020
1. Preparation of the appropriate journal entry to record compensation expense on December 31, 2018
First step is to determine the Total compensation expense
Total compensation =$15 per share x 30 million options granted = $450 million total comp.
1.Preparation of the appropriate journal entry to record compensation expense on December 31, 2018
December 31, 2018
Dr Compensation expense $150 million
($450 million/3 years )
Cr Paid-in capital - restricted stock $150 million
(To record compensation expense)
2. Preparation of the appropriate journal entry to record compensation expense on December 31, 2019
December 31, 2019
Dr Compensation expense $132 million
[($450 million*94%*(2/3))-$150 million]
(100%-6%=94%)
Cr Paid-in capital - restricted stock $132 million
(To record compensation expense)
3. Preparation of the appropriate journal entry to record compensation expense on December 31, 2020
December 31, 2020
Dr Compensation expense $141 million
[($450 million*94%)-$150 million -$132 million]
Cr Paid-in capital-restricted stock $141 million
(To record compensation expense)
Explain two ways a business could extend a product's life cycle.
Answer: Extension strategies extend the life of the product before it goes into decline. Again businesses use marketing techniques to improve sales. ... Adding value – add new features to the current product, e.g. video messaging on mobile phones. Explore new markets – try selling abroad. hope this helps. Can you give me brainliest. Pls
Explanation:
Explain ten ways how logic and critical thinking as a course can impaet on lives and businesses across the globe
Explanation:
1- Logic is an analytical instrument capable of determining the truth of a thought. Following a logical argument, human beings can distinguish right from wrong.
2- Critical thinking comes from logic, through which individuals can evaluate and argue any foundation, comment, content without being imposed as an absolute truth.
3- The use of logic and critical thinking then helps man to empower himself in the social, economic and political spheres, evaluating from his own perspective situations that can directly impact his life.
4- Logic induces man to success, which expands his possibilities for personal and professional creation and development.
5- Critical thinking helps man to have greater control and focus on his own life and ambitions.
6- In business, logic helps in the decision-making process, bringing greater transparency to organizational decisions.
7- Critical thinking helps a leader to have greater conceptual ability, by expanding his observation and vision of the organizational whole.
8- In an organization, critical thinking is an essential factor for the development of innovative and creative solutions.
9- Logic enables the development of intelligent systems capable of facilitating projects and organizational systems.
10- Critical thinking is a fundamental instrument for personal development, for generating new knowledge and for innovation and creativity.
A sector is a diversified group of companies.
True or False
Explanation:
A diversified company is a type of company that has multiple unrelated businesses or products. A company may decide to diversify its activities by expanding into markets or products that are related to its current business.
For example, an auto company may diversify by adding a new car model or by expanding into a related market like trucks.
Diversified Industries covers a wide range of sub-sectors including Automotive, Transport & Logistics, Building Materials & Construction, Capital Goods, Business Services, Metals and Oil Field Services. Even the way industrial products are developed, manufactured and commercialized is changing. I would say the answer is True
While in the planning stage, what would a project manager create through the use of software?
O a proposal for what the project will entail
O a list of goals for the project to meet
O a timeline or schedule for the project
O an evaluation of the project
an evaluation of the project
Help needed ASAP! Will give brainliest;)
No links please:)-will not give brainliest
The system used for monitoring the amount of inventory you have in stock is called....
A). Par level
B). Last in, first out
C). First in, first out
D). Inventory control
. Based on the video, what happened to "savings" in the United States, and how did consumers contribute to this change? Describe why you agree or disagree.
The correct answer to this open question is the following.
Unfortunately, you did not include the lecture, so we do not know what was the information included in the lecture. Just you know it.
However, trying to help you we did some deep research to find the video. So if you are talking about John Gerzema's video, then we can comment on the following.
What happened to "savings" in the United States, and how did consumers contribute to this change according to John Gerzema's video "The post-crisis consumer," produced by TED, is that consumer's savings dropped 10% and today the savings level is "cero."
Consumers have money during so many years that they exceed the purchase of the things needed and bought many things that they did not need, just for teh action of continuing to buy things. A hundred percent consumerism!
So after the crisis, consumers understood the way they excessively purchased in the past, and now, most of them do not have savings and are just buying necessary things.
Answer:
Just listen to the person above.
Explanation:
they are correct.
explain the effect of a lack or shortage of entrepreneurs on the economy
A hair salon designed to appeal to children does not use the standard salon furniture. Instead, children sit on carousel horses to get their haircuts. Large TV monitors strategically located throughout the salon show kid-targeted videos and cartoons are there to entertain the children. The child-friendly hair salon's servicescape serves in what two capacities?
Answer:
a differentiator and facilitator
Explanation:
Since in the question it is mentioned that hair salon would be designed for children where the standard furniture would not be used rather using this, the children would sit on carousel houses for their haircuts also the cartoon videos should be shown to them so here the two capacities would be differentiator and facilitator as it is different in providing the service and here the learning would be easy
Monique’s Florals produced a special Mother’s Day arrangement that included eight roses. The standard and actual costs of the roses used in each arrangement follow: Standard Actual Average number of roses per arrangement 9.10 9.50 Price per rose × $ 0.90 × $ 0.84 Cost of roses per arrangement $ 8.19 $ 7.98 Monique’s Florals planned to make 805 arrangements but actually made 900. Required Determine the total flexible budget materials variance and indicate whether it is favorable (F) or unfavorable (U). Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). Determine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). Confirm the accuracy of Requirements a, b, and c by showing that the sum of the price and usage variances equals the total variance.\
Answer:
1. Total flexible budget materials variance $189 Favourable
2. Materials price variance $513 Favorable
3. Materials usage variance $324 Unfavorable
4. Total Variance $189 Favorable
Explanation:
1. Calculation to Determine the total flexible budget materials variance
Using this formula
Total flexible budget materials variance=Standard cost - Actual cost
Let plug in the formula
Total flexible budget materials variance=($ 8.19*900)-($ 7.98*900)
Total flexible budget materials variance=$7,371-$7,182
Total flexible budget materials variance=$189 Favourable
Therefore Total flexible budget materials variance is $189 Favorable
2. Calculation to Determine the materials price variance
Using this formula
Materials price variance=(Standard price -Actual price)*Actual quatity
Let plug in the formula
Materials price variance=($ 0.90 - $ 0.84)*(900*9.50)
Materials price variance=$0.06*8,550
Materials price variance=$513 Favorable
Therefore Materials price variance is $513 Favorable
3. Calculation to Determine the materials usage variance
Using this formula
Materials usage variance=(Standard quatity-Actual quantity)*Standard price
Let plug in the formula
Materials usage variance=[(900*9.10)-8,550]*$ $0.90
Materials usage variance=(8,190-8,550)*$0.90
Materials usage variance=-360*$0.90
Materials usage variance=$324 Unfavorable
Therefore Materials usage variance is $324 Unfavorable
4. Calculation to Confirm the accuracy of Requirements a, b, and c
Materials price variance is $513 Favorable
Less Materials usage variance $324 Unfavorable
Total Variance $189 Favorable
Therefore the accuracy of Requirements a, b, and c is $189 Favorable
What percent is the gig economy is expected to grow to by 2020?
A. 25
B. 50
C. 60
D. 75
Answer: 50
Explanation: good luck
In order to find last season’s batting averages for his favorite baseball players, Jose should look in a Sport’s
Group of answer choices.
A. Dictionary
B. Encyclopedia
C. Atlas
D. None of these
Answer:
D. None of these
Explanation:
A magazine can be defined as a written document published periodically (weekly, monthly or quarterly) to provide informations about a particular subject or field. Some examples are Marketing News, Baseball Digest, The Sporting Magazine, Baseball America, Sporting News, ESPN The Magazine, USA Today Sports Weekly, etc.
Baseball Digest is an illustrated monthly (magazine) from Grandstand Publishing and it covers all aspects of the major league baseball, which is mainly read by sports fans and people working directly in the sporting industry.
Hence, if Jose wants to find last season’s batting averages for his favorite baseball players, he should look in a Sport’s magazine.
Answer:
D NONE
Explanation:
Explain the functions of a trade union. (6)
Answer:
Trade unions will organize strikes and demonstrations on behalf of worker demands. Fight for social welfare for workers. Promote and advocate for education and proper training for workers. Advocate and fight the government for legislative protection for workers.
Answer:
the functions of a trade union:
i. Increasing Co-operation and Well-being among Workers
ii. Securing Facilities for Workers
iii. Establishing Contacts between the Workers and the Employers
iv. Trade Unions working for the Progress of the Employees
v. Safeguarding the Interests of the Workers
vi. Provision of Labor Welfare
Hope it helps!!!
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 6 million shares of 9%, $100 par value cumulative preferred stock issued and outstanding. On March 1, 2021, Berclair purchased 30 million shares of its common stock as treasury stock. Berclair issued a 5% common stock dividend on July 1, 2021. Five million treasury shares were sold on October 1. Net income for the year ended December 31, 2021, was $650 million.
Answer: $1.51 per share
Explanation:
Here's the question:
Compute Berclair's earnings per share for the year ended December 31, 2021.
Firstly, we.calculate the weighted average number of shares outstanding which will be:
= ( 400 × 12/12 × 1.05 ) - ( 30 × 10/12 × 1.05 ) + ( 5 × 3/12 )
= 420 - 26.25 + 1.25
= 395 million
Then, we calculate the preferred dividend which will be:
= 6 × 100 × 9%
= 6 × 100 × 0.09
= 54 million
Earnings per share will be:
= ( Net income - Preferrred dividend ) / Weighted average number of shares outstanding
= ( 650 - 54 ) / 395
= 596 / 395
= $1.51 per share
Berclair's earnings per share is $1.51 per share
bababooey.................................................................
Answer: Are you bored because i am
.
Answer:
Bababooey
Explanation:
In the past, jaleel's vacation time has been spent at home catching a few local attractions when she could afford them. this year, she received a big bonus at work and has decided to finally take the trip to europe that she has always dreamed about. jaleel's purchasing behavior has changed due to_________.
a. the income effect.
b. the substitution effect.
c. cross-price elasticity.
d. the complementary products effect.
e. the substitute products effect.
Answer:
a. the income effect.
Explanation:
The income effect is the change in demand with respect to the good or service that due to change in the purchasing power of the consumer results in change in real income
Since in the situation it is mentioned that she received a big bonus this year and she decided for a trip to europe so here the purchasing power would be changed due to the income effect
hence, the option a is correct
Which is an economic system?
a.
monarchy
c.
dictatorship
b.
democracy
d.
market
Answer:
market!!!
Explanation:
Market is an economic system. A market economy is an economic system in which supply and demand determine how goods and services are produced.
What is economic system?An economic system is a method for communities or governments to organize and distribute resources, services, and goods throughout a region or country. As a result, a social system is a form of economic system.
Thus, Option, D market is correct.
For further details about economic system, click here:
https://brainly.com/question/316198
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1)______elimination risks.
2)the positive factors of planning is called______.
3)planning is what to do it,how to do it,when to do it and _____in the future.
4)planning must start with simple____.
5)in business,time is gold.for this reason an,
6)entrepreneur must be efficient_____.
a.what to expect
b.time management
c.strengths
e.business plan
f.projects
g.micro
Answer:
1. E
2. C
3. A
4. F
5. B
Explanation:
Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
1. Business plan eliminates risks. This is because it focuses on defining how a business would achieve its goals, objectives, mission and sets the overall direction for the business using specific strategies.
2. The positive factors of planning is called strengths. They give a business competitive advantage over competitors (rivals) in the same industry.
3. Planning is what to do it, how to do it, when to do it and what to expect in the future.
4. Planning must start with simple or micro projects because they generally require simple and less cumbersome management and technologies.
5. In business, time is gold. For this reason, an Entrepreneur must be efficient in time management i.e being able to control and manage time at all times.
Last week, the logistics employees at Run River got together to determine the best way to ship products overseas. Each employee created a separate plan and submitted it to the logistics manager, who decided which plan the company would pursue.
A. Team
B. Group
Answer:
B. Group
Explanation:
A team could be made of many peoples who work together and considered the work to be collective. on the other side, the group is one where the work product should be considered as an individual. In this each and every employee would submitted their plans also they came up for the solution also in this they shares the same traits.
hence ,the option b is correct
Can I please get help on this it is do today please!!!!!
A company's annual report will answer all of these questions EXCEPT one. Which one?
A) Exactly how much money you will have for retirement.
B) What product or service the company provides?
C) What is the company's profits?
Answer:
A
Explanation:
An annual report has nothing to do with retirement, I believe. Also, only one that didn't make sense.
I hope this helps ^-^
Presented below is information related to Windsor Inc. WINDSOR INC. BALANCE SHEET DECEMBER 31, 2020 Cash $45,100 Notes payable (short-term) $50,300 Receivables $111,000 Accounts payable 31,700 Less: Allowance 14,800 96,200 Accrued liabilities 5,100 Inventory 169,300 Common stock (par $5) 259,100 Prepaid insurance 8,100 Retained earnings 142,900 Land 19,900 Equipment (net) 150,500 $489,100 $489,100 WINDSOR INC. INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $1,401,400 Cost of goods sold Inventory, Jan. 1, 2020 $201,900 Purchases 797,500 Cost of goods available for sale 999,400 Inventory, Dec. 31, 2020 (169,300 ) Cost of goods sold 830,100 Gross profit on sales 571,300 Operating expenses 171,100 Net income $400,200 Compute the following ratios or relationships of Windsor Inc. Assume that the ending account balances are representative unless the information provided indicates differently. (Round answers to 2 decimal places, e.g. 1.59 or 45.87%.)
Answer:
A. Current Ratio 3.66 times
B. Inventory turnover 4.47 times
C. Accounts receivable turnover 14.57 times
D. Earnings per share $7.72
E.Profit margin ratio 28.56%
F.Return on assets 81.82%
Explanation:
A. Computation for Current Ratio
Using this formula
Current Ratio=Total Current Assets/Total Current Liabilities
Where,
Total Current Assets
Cash $45,100
Receivables $96,200
Inventory $169,300
Prepaid Insurance $8,100
Total Current Assets $318,700
Total Current Liabilities
Notes payable (short-term) $50,300
Accounts Payable $31,700
Accrued liabilities $5,100
Total Current Liabilities $87,100
Let plug in the formula
Current Ratio=$318,700/$87,100
Current Ratio=3.66 times
Therefore Current Ratio is 3.66 times
B.Calculation to determine Inventory turnover
Using this formula
Inventory turnover=Cost of Goods Sold/Average Inventory
Where,
Cost of Goods Sold $830,100
Average Inventory =[($201,900 + $169,300)/2] Average Inventory= $185,600
Let plug in the formula
Inventory turnover=$830,100/$185,600
Inventory turnover = 4.47 times
Therefore Inventory turnover is 4.47 times
C. Calculation to determine the Accounts receivable turnover
Using this formula
Accounts receivable turnover=Net credit sales .
/Ending Receivables
Let plug in the formula
Accounts receivable turnover=$1,401,400/$96,200
Accounts receivable turnover = 14.57 times
Therefore Accounts receivable turnover =is 14.57 times
D. Calculation to determine Earnings per share:
Using this formula
Earnings per share=Earnings available to the common shareholders/Weighted average number of common shares
Where,
Earnings available to the common shareholders =
Net Income $400,200
Less: Preferred dividends $0
$400,200
Weighted average number of common shares = ($259,100/$5) 51,820
Let plug in the formula
Earnings per share =$400,200/51,820
Earnings per share = $7.72
Therefore Earnings per share is $7.72
E. Calculation to determine Profit margin ratio:
Net Income (a) $400,200
Net credit sales (b) $1,401,400
Profit margin ratio (a/b*100) 28.56%
Therefore Profit margin ratio is 28.56%
F. Calculation to determine Return on assets on December 31, 2020:
Net Income (a) $400,200
Total assets (b) $489,100
Return on assets (a/b*100) 81.82%
Therefore Return on assets is 81.82%
According to the video, what activities are affected by Market Research Analysts? Check all that apply. pricing advertising hiring production placement shipping
Answer:
Pricing, advertising, production, & placement
Explanation:
Just answered
Answer:
pricing
advertising
production
placement
Explanation:
I got it right on edge
What is the median of this
data?
3, 4, 7, 6, 1
Which account will appear in the sales ledger?
A- Gill, a credit customer
B- Sales return
C-Sales
D- Dan, a credit supplier.
Answer:
A- Gill, a credit customer
Explanation:
A journal entry involves the process of keeping the records of business transactions made by an organization.
Journal entries are mainly used by bookkeepers and accountants. Ideally, it is important that a journal has all of following informations; date, reference number, debit balance, credit balance and transaction description.
A sales ledger can be defined as an accounting book that comprises of the individual account of each customer of a business firm and records the money received for goods or services purchased, whether the payment has been received or not.
Simply stated, a sales ledger sequentially records all sales that have taken place in a business, whether or not payment have been received.
This ultimately implies that, a sales ledger contains accounting information on all sales transaction made by a company including, money received for its goods and services and money owed by its customers.
Hence, the account which will appear in the sales ledger is that of Gill, a credit customer.
Plzzz helppp ASAP
Describe two ways that externalities affect the lives of US citizens?
Answer:
In economics, there are four different types of externalities: positive consumption and positive production, and negative consumption and negative production externalities. As implied by their names, positive externalities generally have a positive effect, while negative ones have the opposite impact
Both individuals and organizations can be consumers.
O True
O False
Answer:
True
Explanation:
_____ are best described as costs that occur due to political maneuvering by managers to control capital and resource allocation and the resulting inefficiencies stemming from suboptimal allocation of scarce resources.
Answer:
The Answer is
Explanation:
INFLUNCE COST
M Corporation produces and sells Product D. To guard against stockouts,
the company requires that 25% of the next month's sales be on hand at the end of each month. Budgeted sales of Product D over the next four months are:
Budget sales in units: June 40,000 / July 60,000 / August 50,000 / September 80,000
Budgeted production for August would be:
a. 57,500 units
b. 107,000 units
c. 77,000 units
d. 80,000 units
Answer:
Production= 57,500 units
Explanation:
Giving the following formula:
Desired ending inventory= 25% of the next month's sales
Budget sales in units:
August 50,000
September 80,000
To calculate the production for August, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 50,000 + (80,000*0.25) - (50,000*0.25)
Production= 57,500 units
What does the visible property control?
A which fields are displayed for each record
B how an object is affected by resizing the window
C how many objects can be included in a single form
D the number of records that can be displayed on a form
Answer:
A
Explanation:
EDGE 2021