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iren [92.7K]
3 years ago
12

Matt Shaw buys 100 shares of common stock for $8,000 in January. The value of the stock fluctuates in a narrow range (averaging

$8,700) throughout the year. In November, when it has a value of $9,500, he donates it to a non-profit entity. On December 31, the stock has a fair value of $8,200. At what amount should the non-profit entity value the stock on its December 31 statement of financial position?
a. $8,200
b. $8,000
c. $9,500
d. $8,700
Business
1 answer:
jekas [21]3 years ago
3 0

Answer:

a. $8,200

Explanation:

The same accounting principles would be applied to non-profit entities while recording their assets as applied to other entities.

Non-profit entity would record its assets at fair value same as assets are recorded by other entities.

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A firm reports a net margin of 5.00%. The firm has 1,456,800.00 million shares outstanding. The firm has invested in a new produ
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Answer:

To find Earning per share, we can find this by the following formula:

Increase in Earnings Per Share = Net profit of new products / Number of shares

and

Net Profit of new products = 5% * $4,898,300 = $244,915

Increase in Earnings Per Share = ($244,915) / 1,456,800 = 16.81%

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3 years ago
Collier/Evans defines servicescape as "all the physical evidence a customer might use to form an impression."
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Answer:

Walmart

Explanation:

The serviescape of a business includes the business appereance, layout, structure, signage, and equipment.

Walmart is a retail superstore that specializes in cheap consumer goods. The layout of the Walmart, is accordingly, spacious in order to accommodate as many products as possible.

The colors blue, yellow and white dominate the sings in the store, because those are the colors of the corporate brand. In the ailes, prices are written with very large fonts so that any customer can easily read them. This has to do with the fact that Walmart has established itself as a cheap option.

The greeters at Walmart are part of the corporate culture, but also a means to prevent shoplifting.

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3 years ago
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Answer: b. The quantity of the country's currency supplied exceeds the quantity demanded.

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