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3 years ago

Populations of organisms that live in and interact in a particular are form ?

1 answer:

8 0

All of plant and animal populations living in an habitat interact and form a community. Hopefully this answers your question.

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Flint Corporation purchased from its stockholders 5,200 shares of its own previously issued stock for $254,800. It later resold

Marizza181 [45]

Answer:

The journal entries are as follows:

(i) Cash A/c(1,825 × $52) Dr. $94,900

To Treasury stock(1,825 × $49) $89,425

To paid in capital from Treasury stock(1,825 × $3) $5,475

(To record the purchase at $52)

(ii) Cash A/c(1,825 × $47) Dr. $85,775

paid in capital from Treasury stock(1,825 × $2) A/c Dr. $3,650

To Treasury stock(1,825 × $49) $89,425

(To record the purchase at $47)

(iii) Cash A/c(1,550 × $41) Dr. $63,550

paid in capital from Treasury stock A/c Dr. $1,825

Retained earnings A/c (1,550 × $8) Dr. $10,575

To Treasury stock(1,550 × $49) $75,950

(To record the purchase at $41)

3 0

3 years ago

A customer comes into the store to return a gallon of milk. She says she bought it earlier today, but the due date on the gallon

Sloan [31]

<em>You tell them it's too late to exchange since it already expired.</em>

6 0

3 years ago

The financial records of LeRoi Jones Inc. were destroyed by fire at the end of 2014. Fortunately, the controller had kept certai

Stolb23 [73]

Answer:

LeRoi Jones Inc

Income statement for the year 2014

Sales (100/8 × $100,000) $1,250,000

Less Cost of Sales

Beginning merchandise $92,000

Add Purchases $481,600

Less Ending merchandise ($92,000 - 20%) ($73,600) ($500,000)

Gross Profit $750,000

Less Expenses :

Sales Discounts $17,000

Interest expense $20,000

Administrative expenses ($500,000 × 20%) $100,000 ($137,000)

Profit before tax $613,000

Income tax expense at 30% ($183,900)

Net Income / Loss $429,100

Earnings Per Share $21.46

Explanation:

Notes on income statement preparation

Use the statistical data to fill in the line items of the Income Statement as shown above.

For the Calculation of Sales, first calculate the administrative expenses. Apply the 8% on the administration cost to find sales at 100%.

Earnings Per Share = Earnings attributable to holders of Common Stock ÷ Weighted Average Number of Common Stock

= $429,100 ÷ $20,000

= $21.46

8 0

3 years ago

Which of the following statements is correct? Managers will be more likely to pursue projects that will benefit the entire compa

PilotLPTM [1.2K]

Answer:

A.Incorrect

B. Incorrect

Explanation:

a) A manager might reject a proposal using ROI that the manager would accept using residual income

The statement is incorrect. The reverse is true. Using ROI entails the manager comparing the ROI after a project to the ROI before, where implementing a project makes the ROI after to be less than what it before the project, the Manager would most likely not implement the project. This would happen notwithstanding that the project produces positive residual income.

b) Managers will be more likely to pursue projects that will benefit the entire company when being evaluated on ROI instead of residual income.

This statement is incorrect. ROI makes the manager to pursue his own interest and that of its division at the expense of the group objectives. It leads to sub-optimal decision

3 0

3 years ago

When a qualified plan starts making payments to its recipient, which portion of the distributions is taxable?

Alex17521 [72]

When a qualified plan starts making payments to its recipient the gains are taxable. Gains are the profit/return that are made from an investment. A gain can be something you make from a sale or or inheritance. Gains are typically taxed in a higher tax bracket as well.

4 0

3 years ago