1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arte-miy333 [17]
3 years ago
8

Kaplan Manufacturing Corporation purchased 2,500 shares of its own previously issued $10 par common stock for $57,500. As a resu

lt of this event,a. Kaplan's Common Stock account decreased $25,000.b. Kaplan's total stockholders' equity decreased $57,500.c. Kaplan's Paid-in Capital in Excess of Par Value account decreased $32,500.d. All of these answer choices are correct.
Business
1 answer:
Hitman42 [59]3 years ago
7 0

Answer:

b. Kaplan's total stockholders' equity decreased $57,500

Explanation:

The purchase of treasury stock is as follows:

Treasury Stock debit 57,500 (-Equity)

              cash             credit   57,500 (-Assets)

The company's equity decreased as well as the Assets.

The common stock and paid-in Capital in Excess of Par Value will not be modified.

This account will be decreased if the stocks are retired not at purchase

You might be interested in
Residents of Mill River have fond memories of ice skating at a local park. An artist has captured the experience in a drawing an
Irina18 [472]

Answer:

the artist should make the elegant version since the expected profits are higher

Explanation:

elegant version:

expected revenue = (400 x $150 x 40%) + (350 x $110 x 60%) = $47,100

expected profits = $47,100 - $30,000 = <u>$17,100</u>

deluxe version:

expected revenue = (500 x $110 x 40%) + (450 x $70 x 60%) = $47,100

expected profits = $42,250 - $30,000 = $12,250

5 0
3 years ago
Burning one gallon of gasoline in a car releases approximately 20 pounds of CO2 into the atmosphere. One average person drives 6
Oksanka [162]

Answer: 20,000 pounds of CO₂

Explanation:

30 mpg car.

Number of gallons of gasoline used:

= 60,000 / 30

= 2,000 gallons

CO₂ released = 2,000 * 20

= 40,000 pounds

20 mpg car

Number of gallons used:

= 60,000 / 20

= 3,000 gallons

CO₂ released = 3,000 * 20

= 60,000 pounds

Difference:

= 60,000 - 40,000

= 20,000 pounds of CO₂

8 0
3 years ago
A company incurs costs of $38 per unit ($27 variable and $11 fixed) to make a product that normally sells for $56. A wholesaler
Vladimir79 [104]

Answer:

It should accept the special order at the price of $36 as the total marginal cost will be $28.5 (27 variable cost + 1.15 shipping cost).

Explanation:

Special orders are accepted only if marginal revenue increases the marginal cost. Marginal cost is the total cost incurred to fulfill any order.

In the given scenario, since the Company already has adequate capacity and it will not incur any additional fixed cost, therefore the order can be accepted by taking variable cost in to consideration.

Marginal Revenue               36

Less: Marginal Cost

Variable Cost                      (27)

Shipping Cost                   <u> (1.15)</u>

Total Profit from Order   <u> 7.85</u>

4 0
3 years ago
If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher
cricket20 [7]

Answer:

If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher Quality Score for

ad relevance.

Explanation:

Ad relevance is a component that gives an advertiser higher quality score.  It is an indication that the keyword is optimized to meet the customer's search query.  It shows how closely the ad matches the customer's search because a correlation exists between the keyword, the ad, and the post-click landing page.  It is paramount to achieve ad relevance in any pay-per-click advertising (PPC), otherwise called search engine marketing (SEM) or search advertising, to justify the ad costs.

8 0
2 years ago
reactions to organizational change by lower level employees that interfere with change implementation processes are called
Tanzania [10]

Reactions to organizational change by lower-level employees that interfere with change implementation processes are called resistance.

A worker is an employee that plays precise obligations for a commercial enterprise in alternative for normal pay. employees negotiate a salary with their organization and typically receive advantages, inclusive of additional time pay and holiday.

A worker is someone who receives paid to paintings for someone or organization. people do not need to work full time to be taken into consideration personnel—they truely need to be paid to paintings by using an organisation (the man or woman or business that can pay them).

Learn more about employees here:brainly.com/question/1190099
#SPJ4

8 0
1 year ago
Other questions:
  • In Shoetown, a rancher takes $0 worth of inputs and produces animal skins, which he sells to the tanner for
    10·1 answer
  • A business firm's interaction with the environment is a characteristic of an open system true or false
    7·1 answer
  • Bill Rose owns Rose Sporting Goods. At the beginning of the year, Rose Sporting Goods had $2,600 in inventory. During the year,
    14·1 answer
  • Which of the following statements best describes the difference between the USDA’s and the FDA’s responsibilities concerning foo
    15·1 answer
  • What is the amount of money you still owe to their credit card company called?
    10·1 answer
  • A baseball team plays in a stadium that holds 58,000 spectators. With ticket prices at $10, the average attendance had been 27,0
    12·2 answers
  • When it comes to negative public relations, it’s pretty tough to top the sight of a United Airlines passenger being dragged, blo
    6·2 answers
  • g An increase in taxes when the economy is above full employment ​ ______ aggregate demand and real​ GDP, and the price level​ _
    15·1 answer
  • Alex and J.J. Both apply for two job openings in the same department at a law firm in Chicago. They both interview very well and
    15·1 answer
  • What is a work bench​
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!