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
tresset_1 [31]
3 years ago
12

Suppose Kenji decides to buy 100 shares of NanoSpeck stock.Which of the following statements are correct? A) The price of his sh

ares will rise if NanoSpeck issues additional shares of stock.B) The Dow Jones Industrial Average is an example of a stock exchange where he can purchase NanoSpeck stock.C) Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Kenji's shares to decline.
Business
1 answer:
Ivahew [28]3 years ago
5 0

Answer:

A) The price of his shares will rise if NanoSpeck issues additional shares of stock.

C) Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Kenji's shares to decline.

Explanation:

if a demand for kanji's is more than its supply, the share prices increase. if the sellers of a particular stock are more than its buyers, the share price decreases. if the company is earning much profit, the share price will rise.

You might be interested in
The profits of West Side Grocery have dropped significantly over the last several months. After investigating, the owner realize
zubka84 [21]

Answer: D) poor planning.

Explanation:

It is in the Planning Stage that expectations are penned down. If this is not set out, people will.not know what is expected of them and as such will move with no specified DIRECTION on projects. In such a situation, business objectives can rarely be met.

Indeed, Poor Planning is one of the major causes of LOW PRODUCTIVITY and PROFITABILITY which is what West Side Groceries is currently going through.

3 0
3 years ago
Which of the following statements about organic foods is true?
statuscvo [17]
I believe its choice D.
5 0
3 years ago
Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare
vazorg [7]

Answer:

c. Mobile Retailing.

Explanation:

Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare mobile app is an example of Mobile Retailing.

Mobile retailing can be defined as the process of buying or shopping for goods and services through the internet by using a smartphone, mobile device or tablets. It is one of the convenient ways, potential customers use to engage in e-commerce.

4 0
3 years ago
Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 2019:
Allisa [31]

Answer:

Bushard Company (buyer) and Schmidt, Inc. (seller)

Journal Entries:

Bushard Company

Feb. 10 Debit Inventory $5,000

Credit Accounts payable (Schmidt, Inc.) $5,000

To record the purchase of goods on account, via Invoice 1980, terms 1/10, n/30.

13 Debit Accounts payable (Schmidt, Inc.) $200

Credit Inventory $200

To record the return of damaged goods and received Credit Memorandum 230.

19 Debit Accounts payable (Schmidt, Inc.) $4,800

Credit Cash $4,752

Credit Cash Discounts $48

To record the payment on account and discounts.

Schmidt, Inc.

Feb. 10 Debit Accounts receivable (Bushard Company) $5,000

Credit Sales revenue $5,000

To record the sale of goods on account, Invoice 1980, terms 1/10, n/30.

13 Debit Sales returns $200

Credit Accounts receivable (Bushard Company) $200

To record the return of damaged, issuing Credit Memorandum 230.

19 Debit Cash $4,752

Debit Cash Discounts $48

Credit Accounts receivable (Bushard Company) $4,800

To record the receipt of cash from customer, including discounts.

Explanation:

a) Data and Analysis:

Bushard Company

Feb. 10 Inventory $5,000 Accounts payable (Schmidt, Inc.) $5,000, Invoice 1980, terms 1/10, n/30.

13 Accounts payable (Schmidt, Inc.) $200 Inventory $200  Credit Memorandum 230, damaged merchandise.

19 Accounts payable (Schmidt, Inc.) $4,800 Cash $4,752 Cash Discounts $48

Schmidt, Inc.

Feb. 10 Accounts receivable (Bushard Company) $5,000 Sales revenue $5,000, Invoice 1980, terms 1/10, n/30.

13 Sales returns $200 Accounts receivable (Bushard Company) $200  Credit Memorandum 230, damaged merchandise.

19 Cash $4,752 Cash Discounts $48 Accounts receivable (Bushard Company) $4,800

7 0
3 years ago
Milbank Repairs & Service, an electronics repair store, prepared the following unadjusted trial balance at the end of its fi
DIA [1.3K]

Answer:

a. Journalize the adjusting entries necessary on June 30, 2019.

Fees earned but unbilled on June 30 were $9,070.

Dr Accounts receivable 9,070

    Cr Fees earned 9,070

Supplies on hand on June 30 were $7,410.

Dr Supplies expense 12,630

    Cr Supplies 12,630

The depreciation of equipment was estimated to be $12,530 for the year.

Dr Depreciation expense - equipment 12,530

    Cr Accumulated depreciation - equipment 12,530

The balance in unearned fees represented the June 1 receipt in advance for services to be provided. During June $17,420 of the services was provided.

Dr Unearned fees 17,420

    Cr Fees earned 17,420

Unpaid wages accrued on June 30 were $1,600.

Dr Wages expense 1,600

    Cr Wages payable 1,600

b. Determine the revenues, expenses, and net income of Milbank Repairs& Service before the adjusting entries.

Fees Earned $501,120

- Wages Expense $116,260

- Rent Expense $88,700

- Utilities Expense $63,640

<u>- Miscellaneous Expense $10,020</u>

Net income $222,500

c. Determine the revenues, expenses, and net income of Milbank Repairs & Service after the adjusting entries.

Fees Earned $527,610  

- Wages Expense $117,860

- Rent Expense $88,700

- Utilities Expense $63,640

- Depreciation expense $12,530

<u>- Miscellaneous Expense (including supplies) $22,650</u>

Net income $222,230

d. Determine the effect of the adjusting entries on Nancy Townes, Capital.

Nancy Townes is the owner of Milbank Repairs & Service, and since this is a sole proprietorship (she is the sole owner), the retained earnings account does not exist. So any profits or losses will increase or decrease her capital account respectively. Since after the adjustments the net income decreased by $270, her capital account will also decrease by $270.

5 0
3 years ago
Other questions:
  • The act of directing home seekers toward or away from particular areas either to maintain or to change the character of the neig
    10·1 answer
  • An economy initially has 200 units of physical capital per worker. Each year, it increases the amount of physical capital by 10%
    11·1 answer
  • Supposed that you decide to borrow $40,000 for a new car you can select one of the following loans each requiring regular monthl
    13·1 answer
  • Weather speech is going to be delivered before one or 100 people this speaker should
    8·1 answer
  • Bill's Grill is a popular college restaurant that is famous for its hamburgers. The owner of the restaurant, Bill, mixes fresh g
    5·1 answer
  • Judy acquired passive Activity A in January 2013 and Activity B in July 2014. Until 2018, Activity A was profitable. Activity A
    9·1 answer
  • The fixed cost element of a mixed cost is the cost of having a service available. true
    9·1 answer
  • Where was the 2003 mercury sable wagon manufactured?
    12·1 answer
  • An agreed-upon solution about a common set of engineering features and design choices is known as a?
    12·1 answer
  • Select the correct answer. a computer store decides to increase the prices of all the items it sells by 15%. the store manager u
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!