The concern family businesses have about retaining family management is
that there may be a lack of innovation with the successors.
This is because all individuals have their respective interest, passion and
knowledge about certain things. The family member who set it up had
interest in the field which led to the establishment of the company.
When the individuals who are to take over have a different interest to what's
applicable then there will be a lack of innovation which is vital in promoting
the company's growth.
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Answer:
over population and the consequences are limited space, global warming, and more poor people
Answer:
b. a debit to Paid-In Capital from Sale of Treasury Stock.
Explanation:
Treasury stock is the stock of equity purchased by the company itself, from open market. Basically it has a debit balance. And it is shown as a negative value from common equity in the balance sheet.
Now when there is sale of such treasury stock, this treasury stock will be credited, also in next entry common stock will be credited as it will increase automatically therefore in no circumstances Paid in capital will be debited from sale of treasury Stock.
Final Answer
b. a debit to Paid-In Capital from Sale of Treasury Stock.
Answer:
The appropriate answer is "$8,457,50".
Explanation:
The given values are:
Direct material cost,
= $9,500
Direct labor cost,
= $10,400
Units completed in job 412,
= 4
Now,
The total cost for completion of job 412 will be:
= 
On substituting the values, we get
= 
=
($)
Unit produced cost will be:
= 
=
($)
70% of unit produced cost will be the profit margin, then
= 
=
($)
hence,
The price charged to the customer will be:
= 
On substituting the values, we get
= 
=
($)
Answer:
its c
Explanation:
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