Answer:
$
Issued common stock (87,000 x $14) = 1,218,000
Common stock repurchased (24,000 x $17) = <u>408,000</u>
Total stockholders' equity <u> 810,000 </u>
Explanation:
Total stockholder's equity is the par value of issued common stock minus the par value of common stock repurchased.
Answer:
The correct answer is (E)
Explanation:
Parks and helms designers have organised a project team, and it is a group where individuals work together to achieve a common goal. Such individuals usually have various capabilities and are held by the manager to exercises for a similar venture. A manager can separate the group into sub-groups according to the needs of a project. Generally, such groups are developed to finish a task in a limited time frame.
Answer:
Th answer is: demographic variable
Explanation:
Demographic variables are important because they affect the consumers' needs. They include consumers' characteristics like:
- age: marketing targets different age groups (kids, millenials, middle age, etc.)
- gender: male, female, LGTB
- Income: (used in this case) low, middle or high income
- education: finished college, university or high school
- family situation: married or single, with kids
Answer:
: $4,610
Explanation:
The allowance for uncollectible accounts should be 2% of accounts receivable. So first we wil find out the 2% of $268,000.
($268,000 x 2%) = $5,360
Then we will subtract the $750 allowance for uncollectible accounts before any adjustments.
$5,360 - $750 = $4,610
The amount of the adjusting entry for uncollectible accounts would be: $4,610.
Answer: Bad Debt expense= $34,500
Explanation:
Bad debt expense is the account receivables that a business records amount that would not be received due to lack of payment by its customers.
Using the percentage of receivables method,
Estimated uncollectibles = $14,900
unAdjusted balance in Allowance account = $ 19,600 debit
Bad Debt expense = Estimated uncollectibles +Unadjusted balance of a debit = $14,900 + $19,600= $34,500
This amount of $34,500 will now be recorded through an adjusting entry, The Bad Debt expense will be debited.