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Stella [2.4K]
3 years ago
8

Tem Co. issued rights to its existing shareholders without consideration. A shareholder received a right to buy one share for ea

ch 20 shares held. The exercise price was in excess of par value, but less than the current market price. Retained earnings decreases when _________.Rights Are Issued, Rights Are Exercised
A. Yes, No
B. Yes, Yes
C. No, No
D. No, Yes
Business
1 answer:
Nata [24]3 years ago
8 0

Answer:

C. No, No

Explanation:

When stock rights are issued for no consideration, only a memorandum entry is made.

Therefore, when stock rights are exercised and when they are issued, the issuing company will reflect the proceeds as an increase in common stock and additional paid-in capital.

Thus, the retained earnings will not be affected when rights are issued or exercised.

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Which type of nominal decision is characterized by a fairly high degree of product involvement but a low degree of purchase invo
Ann [662]

Brand loyal decision is a type of nominal decision that is characterized by a fairly high degree of product involvement by a customer, but a low degree of purchase involvement.

<h3>What is Brand loyal decision?</h3>

A brand loyal decision can be defined as a type of nominal decision which involves a customer having a fairly high degree of involvement in the products offered by a producer (business organization) but a low level of involvement in its purchase.

This ultimately implies that, a brand loyal decision is characterized by a fairly high degree of product involvement with subsequent low degree of purchase involvement.

Read more on decision-making process here: brainly.com/question/1249089

3 0
2 years ago
ECONOMICS, PLEASE HELP.
Nina [5.8K]

Equilibrium is the point where supply meets demand. Look at the table and see where those two columns are the same.

For B. look at the chart and see at 1,50 rent (the first column) the demand is greater than supply or not. If demand is less than supply, there is a surplus. If demand is higher, there is a shortage.

This applies to question C as well. Look at the first column, find the rent, and see if there is more supply or more demand.


3 0
3 years ago
You are scheduled to receive annual payments of $11,100 for each of the next 24 years. Your discount rate is 10 percent. What is
Lisa [10]

Answer:

The difference in the present value is $988.32.

Explanation:

The difference in the present value can be calculated using the following 3 steps:

Step 1: Calculation of the present value if you receive these payments at the beginning of each year

This can be calculated using the formula for calculating the present value (PV) of annuity due given as follows:

PVA = P * ((1 - (1 / (1 + r))^n) / r) * (1 + r) .................................. (1)

Where;

PVA = Present value if you receive these payments at the beginning of each year = ?

P = Annual payments = $11,100

r = interest rate = 10%, or 0.10

n = number of years = 24

Substitute the values into equation (1), we have:

PVA = $11,100 * ((1 - (1 / (1 + 0.10))^24) / 0.10) * (1 + 0.10)

PVA = $10,871.54

Step 2: Calculation of the present value if you receive these payments at the end of each year

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PVO = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (2)

Where:

PVO = Present value if you receive these payments at the end of each year = ?

Other values are as defined in Step 1 above.

Substitute the values into equation (2), we have:

PVO = $11,100 * ((1 - (1 / (1 + 0.10))^24) / 0.10)

PVO = $9,883.22

Step 3: Calculation of the difference in the present value

This can be calculated as follows:

Difference in the present value = PVA - PVO = $10,871.54 - $9,883.22 = $988.32

3 0
3 years ago
Snoopy, Inc. records its bad debt expense on the credit sales method. Total sales during 2020 were $1,500,000, which consisted o
quester [9]

Answer:

the amount of bad debt expense for the year 2020 is $36,000

Explanation:

The computation of the amount of bad debt expense is shown below:

= Estimation of 3% net sales that would be uncollectible

= 3% of ($1,500,000 - $300,000)

= 3% of $1,200,000

= $36,000

Hence, the amount of bad debt expense for the year 2020 is $36,000

The same is to be considered

6 0
2 years ago
Julio's persuasive speech contained the following statement:
Vika [28.1K]

Answer:

Policy persuasive speech.

Explanation:

It should be understood that policy persuasive speech is one of the types of persuasive speech and it is commonly used when there is a policy that is guiding the implementation of a thing. For example, the United States Pharmacopeia was adopted in 1906 and is issued every 5 years under the supervision of a national committee of pharmacists, scientists, and health care providers to provide information concerning drug purity and strength. This means that there is a body or policy guiding the pharmacist and a policy persuasive speech should be guided by that.

7 0
3 years ago
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