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stepladder [879]
3 years ago
13

Lem Co., which accounts for treasury stock under the par value method, acquired 100 shares of its $6 par value common stock for

$10 per share. The shares had originally been issued by Lem for $7 per share. By what amount would Lem's additional paid‐in capital from common stock decrease as a result of the acquisition?
Business
1 answer:
In-s [12.5K]3 years ago
7 0

Answer:

Additional paid in capital decrease by 100 as a result of the acquisition

Explanation:

Treasury Stock 600 (100 shares x $6)

Additional Paid-In Capital 100 (100 shares x $1)

cash 1,000 (100 shares x $10)

Additional Paid-In Treasury Stock 300

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A corporate dissolution: a. cannot result from an agreement. b. results when a corporation does not hold an annual meeting. c. c
kogti [31]

Answer:

The correct answer is (C)

Explanation:

Corporate dissolution is a termination of cooperation that results after a complete consent of the board of directors.  Likewise, a corporate dissolution is a serious step that can begin with a board resolution. If the board of directors are on one page then it becomes easier to dissolve cooperation. It can only be done by a vote to approve the resolution by the board of directors and shareholders.

7 0
2 years ago
Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 30 comma 000 units. The inventory on hand at the b
Nadya [2.5K]

Answer:

30,000 units

Explanation:

Budgeted sales is 30,000 units

Beginning inventory = 5000 units

Ending inventory = 5000 units

In order to meet the sales of 30,000 units, the sum of budgeted production and beginning inventory must be at least 30,000 units. However, since the company desires to have 5000 units in ending inventory, this sum must be raised to 35,000 units, which means the production needs to 30,000 units

--> Budgeted production = 30,000 + 5000 - 5000

                                         = 30,000 units

6 0
3 years ago
PLEASE HELP ME<br> My career is a traveling nurse
Damm [24]

Answer:

Step by step explanation

5 0
3 years ago
The _____ takes into consideration both the direct and indirect global warming effects of refrigerants.
dusya [7]
<span>The total equivalent warming impact (TEWI) takes into consideration both the direct and indirect global warming effects of refrigerants. In addition to the direct impact of the refrigerant (which is conveniently estimated by GWP), any system or process, which requires energy input, indirectly affects the environment. This impact is originated from CO2 emissions from the energy production processes. TEWI can be calculated using the equation below: TEWI = direct emissions + indirect emissions = (GWP×L×N)+(Ea×β×n), where L – annual leakage rate in the system, kg (3% of refrigerant charge annually), N – life of the system, years (15 years), n – system running time, years (based on weather data, 4910 hours), Ea – energy consumption, kWh per year (modelled for each refrigerant), β – carbon dioxide emission factor, CO2-eq. emissions per kWh (165 g CO2/kWh).</span>
6 0
3 years ago
A firm has a fixed production cost of ​$1 comma 000 and a constant marginal cost of production of ​$100 per unit produced. What
Semenov [28]

Answer:

option (D) TC = $1,000 + $100q

Explanation:

Data provided in the question:

Fixed cost of production = $1,000

Marginal cost of production = $100 per unit produced

Now,

let the total number of quantities produced be 'q'

also,

the total cost is given as:

⇒ Total cost, TC = Total fixed cost + Total marginal cost

or

⇒ TC = $1,000 + ( $100 ×  q )

or

⇒ TC = $1,000 + $100q

Hence,

The correct answer is option (D) TC = $1,000 + $100q

7 0
2 years ago
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