Answer:
B. $11,000 increase in Assets; No effect on Liabilities; $11,000 increase in Stockholders’ Equity
Explanation:
As the company received cash in exchange for the common stock. So, it affect the accounting equation which is shown below:
Total Assets = Total liabilities + Total stockholder equity
The journal entry is shown below for better understanding:
Cash A/c Dr XXXXX
To Common stock XXXXX
To Additional Paid-in capital - in excess of par XXXXX
(Being cash is received)
So, it would not impact the total liabilities
Answer:
consumer surplus will decrease.
Explanation:
Consumer surplus is defined as the difference between the price customers are willing to pay for a product and what they actually pay.
On the demand and supply curve it is indicated by the shaded area between equillibrum and demand curve as illustrated in the attached diagram.
For example let's assume the price a customer was willing to pay for a product was $50 and market price was $30
Initial consumer surplus= 50- 30= $20
Assume bmarket price increase to $40
The new consumer surplus is= 50- 40
Present consumer surplus= $10
So a price increase causes a decrease in the consumer surplus.
Answer:
The answer is ($174,000)
Explanation:
Cash flows from financing activities show the inflow and outflow of cash that are used to fund the business's operations.
Cash flow from financing activities:
Issuance of common stock......................................$79,000
Payment of dividend........($13,000)
Settlement of notes payable.................................($125,000)
Payment for treasury stock.........…...........................................($115,000)
Net cash from financing activities...............................($174,000)
Answer:a name, symbol, letter, or word legally registered to distinguish one company's product from any others and ensure its exclusive use
Explanation:
