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
Masteriza [31]
3 years ago
5

Listed below are various transactions that a company incurred during the current year. select the impact on total stockholders'

equity for each scenario. specifically state whether stockholders' equity would increase (i), decrease (d), or have no effect (ne) as a result of each transaction listed below. consider each transaction independently.
Business
1 answer:
adelina 88 [10]3 years ago
4 0

Answer:

1. No par common stock is issued.

  • I) INCREASE STOCKHOLDERS' EQUITY SINCE COMMON STOCK ACCOUNT WILL INCREASE.

2. Treasury stock is sold at cost for cash (assume the cost method).

  • I)  INCREASE STOCKHOLDERS' EQUITY SINCE TREASURY STOCK IS A CONTRA EQUITY ACCOUNT THAT REDUCES TOTAL EQUITY, AND SINCE THE STOCKS WERE HOLD, EQUITY WILL INCREASE.

3. Treasury shares of preferred stock are purchased (assume the cost method).

  • D)  DECREASE STOCKHOLDERS' EQUITY SINCE TREASURY STOCK IS A CONTRA EQUITY ACCOUNT THAT REDUCES TOTAL EQUITY.

4. A payment date occurs for a cash dividend.

  • NE) NO EFFECT ON EQUITY, SINCE EQUITY HAD ALREADY DECREASED ON THE DAY THAT THE DIVIDENDS WERE DECLARED.
You might be interested in
If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d
Alecsey [184]

Answer:

The correct answer is B: the jobs produced during the period have been under-costed

Explanation:

Giving the following information:

If manufacturing overhead has been under-allocated during the period, then which of the following is true?

(a) the jobs produced during the period have been over-costed

(b) the jobs produced during the period have been under-costed

(c) the jobs produced during the period have been costed correctly

(d) none of the above

When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.

7 0
3 years ago
as the industrial revolution came to the united states, most firms operated in a(n) orientation. a. evolutionary b. societal c.
mariarad [96]

As the industrial revolution came to the united states, most firms operated in a production orientation. The United States' transition to new industrial techniques between around 1760 and some time between 1820 and 1840 is known as the Industrial Revolution.

This transition encompassed the switch from manual to mechanical production methods, the invention of new ways for producing chemicals and iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system. As a result of the significant increase in output, both the population and the pace of population growth saw previously unheard-of increases during industrial revolution.

To learn more about industrial revolution, click here

brainly.com/question/455063

#SPJ4

8 0
1 year ago
The state of Indiana charges a 6% sales tax on most consumer goods. Grant purchased a generator for $400 and paid an additional
faltersainse [42]

Answer:

the correct answer is

The $400 retail price of the generator.

good luck

8 0
3 years ago
Round Hammer is comparing two different capital structures: An all-equity plan (Plan l) and a levered plan (Plan Il). Under Plan
Dominik [7]

Explanation:

A). The computation of price per share is shown below:-

Debt outstanding ÷ (Stock outstanding of Plan 1 - Stock outstanding of

Plan 2)

= $1,730,000 ÷ (205,000 - 125,000)

= $21.63 per share

B a.) Under equity plan the value is

= Debt outstanding × Stock outstanding of Plan 1

= $21.63 × 205,000 shares

= $4,433,125

B b.) under the levered plan the value is

Price per share × Stock outstanding of Plan 2 + Debt outstanding

= $21.63 × 125,000 shares + $1,730,000

= $2,703,125 + $1,730,000

= $4,433,125

6 0
3 years ago
Which of the following is included in the balance sheet? A. Revenue B. Salaries expense C. Utilities expense D. Accounts payable
Shkiper50 [21]
The answer is D. I hope it is correct
3 0
3 years ago
Read 2 more answers
Other questions:
  • Which of these statements about financial aid are true? Select all that apply. Most student loans from the government have a low
    6·2 answers
  • _____ determine what sales volume must be reached before the company's total revenue equals total costs and no profits are earne
    7·1 answer
  • Margie is 15 and claimed as a dependent by her parents. she has $800 in dividends income and $1,400 in wages from a part-time jo
    10·1 answer
  • If a higher level of production allows workers to specialize in particular tasks, a firm will likely exhibit ________ of scale a
    7·1 answer
  • Korte Company reported the following information for 2014:
    8·1 answer
  • ________ is the amount an employee earns before payroll withholding is performed.
    10·2 answers
  • When inserting an image that needs to appear directly below a section heading with other text below the image, the image should
    5·2 answers
  • Olive Enterprises experienced the following events during Year 1: Acquired cash from the issue of common stock. Paid cash to red
    13·1 answer
  • The Demand Curve is a line that is
    11·1 answer
  • In 1971, under president richard nixon, the federal government passed legislation that "froze" wages and the prices of consumer
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!