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
V125BC [204]
3 years ago
13

A company issued rights to its existing shareholders without consideration. The rights allowed the recipients to purchase unissu

ed common stock for an amount in excess of par value. When the rights are issued, which of the following accounts will be increased?
a. Common Stockb. Additional PIC
Business
1 answer:
docker41 [41]3 years ago
7 0

Answer:

Both Common Stock and Additional Paid-In Capital in Excess of Par Value

Explanation:

The entries for rights issue will affect both accounts because:

1. The  purchase of the common stock will increase the Common stock account

2. Additional Paid-in capital will be increased because it is noted in the question that the recipients of the rights issue are given the purchase of the common stock 'in excess of par value'. The excess amount will be credited to the additional PIC

You might be interested in
tAn employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
kap26 [50]

Complete Question:

An employee has a claim on the cash flows of Martin's Machines. This claim is defined as a claim by one of the firm's:

Group of answer choices

A. residual owners.

B. shareholders.

C. financiers.

D. provisional partners.

E. stakeholders.

Answer:

E. stakeholders.

Explanation:

An employee has a claim on the cash flows of Martin's Machines. This claim is defined as a claim by one of the firm's stakeholders.

A stakeholder can be defined as an individual or group of people that has an interest or concern in a business firm and usually either affect or be affected by the business.

Generally, the key stakeholders of business firm are its employees, public groups, suppliers, investors, creditors, consumers or customers. The employees working in an organization are key internal stakeholders because they play a significant role, function and have both financial and time-based investments in the operations of the business.

6 0
3 years ago
How much does it cost to get your ears pierced at walmart?
bazaltina [42]

Answer: 10-35 USD

Explanation:

5 0
3 years ago
Read 2 more answers
A firm sells 2000 units at £500 each. If fixed costs are £50,000 and variable costs are £100 per unit, calculate the total costs
Blababa [14]

Answer: £ 250,000

Explanation:

Given: Fixed costs = £50,000

Number of units=2000

Variable cost per unit = £100

Since Total variable cost = (Number of units) x (Variable cost per unit)

=2000 x ( £100)

=  £200,000

We know that,

Total cost = Total fixed cost +Total Variable cost

= £ (50,000 + 200,000)

= £ 250,000

Hence,  the total costs =  £ 250,000

7 0
3 years ago
Limitation of scientific management ​
lianna [129]

Answer:

Exploitative Devices: Management did not share benefits of increased productivity and so economic welfare of workers was not increased. 2. Depersonalized work: Workers were made to repeat the same operations daily which led to monotony

6 0
3 years ago
In the game of economics, producers get information they need to determine how much people are willing to pay for a good or serv
Ira Lisetskai [31]

Answer:

The correct answer would be option D, Consumers.

In the game of economics, producers get information they need to determine how much people are willing to pay for a good or service from Consumers.

Explanation:

In the game of economics, consumers are the ones who will consume the products produced by the companies/producers, and they are the ones who will determine how much they are wiling to pay for a good or service.

For example, if a product's price is set at 5 dollars but no one is willing to pay 5 dollars for that product, then producers have to lower the prices to meet the customers' demands, and to sell their products.

So in this way, customers determine the prices of the products.

Learn more about Consumers at:

brainly.com/question/3096413

#LearnWithBrainly

8 0
4 years ago
Read 2 more answers
Other questions:
  • Which of the following would be an example of a service a local government would provide?
    14·1 answer
  • The area of accounting that provides managers inside the organization with information they need to make decisions is called:
    8·1 answer
  • If an investor's holding period is longer than the term to maturity of a bond, he or she is exposed to___________ A) interest-ra
    10·1 answer
  • Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE? Assets $200,0
    8·1 answer
  • Freeman, Inc., reported net income of $40,000 for 2015. However, the company's income tax return excluded a revenue item of $3,0
    13·1 answer
  • Vermicelli Company plans to sell 200,000 units of finished product in July and anticipates a growth rate in sales of 5% per mont
    9·1 answer
  • Banks fail when the value of bank ________ falls below the value of ________, causing the bank to become insolvent.
    15·1 answer
  • Easton Corporation is involved in the evaluation of a new computer-integrated manufacturing system. The system has a projected i
    6·1 answer
  • Handy Home sells windows and doors in the ratio of 8:2 (windows:doors). The selling price of each window is $106 and of each doo
    8·1 answer
  • Carter is the principal broker of a Missouri real estate branch office. Kathleen, a broker-salesperson, was appointed the superv
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!