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2 years ago

The excess of cost over sales price of treasury stock should be debited to

1 answer:

5 0

The excess of cost over the sales price of treasury stock should be debited to loss from the Sale of Treasury Stock.

Formerly outstanding stock that has been repurchased and is now retained by the issuing business is known as treasury stock.

Treasury stock is a counter equity account since it lowers the overall shareholders' equity on a company's balance sheet.

The two ways for recording Treasury stock are the cost method and the par value approach.

Since the cost of the treasury is greater than the selling price of the stock.

This results in a loss on the sale of treasury stock.

Therefore, the loss is accounted for by debiting in accounting.

Hence, The excess of cost over the sales price of treasury stock should be debited to loss from the Sale of Treasury Stock.

Learn more about treasury bond:

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In the new department she is setting up, Shondra decides that top managers will report to her and that everyone else will report

Drupady [299]

The management function that Shonda is performing when she decides that top managers will report to her while everyone else reports to the head of human resources is <u>iii. organizing.</u>

<h3>What is Organizing in management functions?</h3>

Organizing is that function of management involving the development an organizational structure so that human resources are arranged for the achievement of organizational objectives. Organizing also involves the design of the jobs of individuals.

Thus, the management function Shondra performs here is <u>Option III</u>.

Learn more about management functions at brainly.com/question/17083312

7 0

2 years ago

Lisa's credit card balance this month is $969.16. Her APR (annual percentage rate) is 15.24 %. The minimum payment due is

8090 [49]

Answer:

It will take 50 months to complete the payment on his entire balance

Explanation:

We have to solve for n in an annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $20.00

time n

rate (0.1524 / 12 months per year) 0.00127

PV $969.1600

$20 \times \frac{1-(1+0.00127)^{-n} }{0.00127} = 969.16\\$

$(1+0.00127)^{-n}= 1-\frac{969.16\times0.00127}{20}$

$(1+0.00127)^{-n}= 0.93845834
$

Now, we use logarithmics properties to get the answer:

[tex]-n= \frac{log0.93845834}{log(1+0.00127)

n = 50.044991

8 0

3 years ago

According to the efficient market theory, A. prices of actively traded stocks can only be under-valued in an efficient market B.

Otrada [13]

Answer:

The correct answer to the following question will be Option D.

Explanation:

The theory or hypothesis that even as soon as it arrives, all institutional investors obtain as well as act on most of the necessary information or data. Even if this was purely real, there would have been no stronger investing strategy than just a coin flip.
As per this principle, the dynamically trading share prices in such a competitive market don't vary from actual measured value or beliefs.

The other choices have no relation to the given circumstance. So choice D is the correct answer to the above.

7 0

3 years ago

If a large corporation is being sued by a much smaller entity, the corporation may submit to a deposition which is a form of gam

Oxana [17]

That statement is true
In legal term, deposition refers to an investigation that demands a sworn truth from the opposing party. The cost of pursuing legal actions tend to be realy huge. By doing disposition, we could reduce witness testimony into writing form in order to minimize discovery time.

3 0

3 years ago

As New Belgium Brewery grew, the owners discovered they needed to hire more and more workers in order to keep up with demand. Th

dmitriy555 [2]

Answer:

Organizing

Explanation:

Based on the information provided within the question it seems like what is being described is the process of Organizing. This refers to dividing work tasks or activities into separate divisions and assign workers to each division that best fit into each role in order to make sure every task is completed as efficiently as possible. Which is what Belgium Brewery is doing by dividing the labor into divisions and assigning responsibility and authority throughout those divisions.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago