Answer:
No journal entry is required
The par per share after the split $1
Explanation:
If a stock split is not to be effected in the form of a stock dividend, no entry is recorded. The balance in the common stock account remains the same.
The par value before stock split was $2, board of directors declared a 2 for 1 split so the par value will be reduced by half.
We will calculate the par value after stock split by
= $2 / 2
= $1
Answer:
The correct answer is letter "D": They want to see how responsible you are in making payments on existing debt.
Explanation:
Credit reports are documents displaying the credit history of individuals. They allow lenders to know what the credit behavior of an individual is, thus, have an idea if that person could repay the amount of a loan or is likely to fall into debt. The three major credit bureaus in the U.S. are <em>Equifax, Experian, </em>and <em>TransUnion</em>.
Answer:
Option (C) is correct.
Explanation:
Manufacturing costs:
= Direct Materials + Direct Labor + Variable overhead
= $160,000 + $80,000 + (150,000 × 75%)
= $160,000 + $80,000 + $112,500
= $352,500
Operating income:
= Sales (1,100 units) - Manufacturing costs
= $370,000 - $352,500
= $17,500
Therefore, if Model A02777 is dropped from the product line, operating income will decrease by $17,500.
It is faster to find/get on a device instead of looking for the cards in your bag, folder, binder, etc.
