Answer and Explanation:
The journal entries are as follows
a. Cash $210,500
To Common Stock (12,000 × $14) $168,000
To Paid in capital in excess of par value-Common Stock $42,500
(being the issue of the common Stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock and paid in capital as it also increased the stockholder equity
b. Cash $210,500
To Common Stock $210,500
(being the issue of the common Stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock as it also increased the stockholder equity
c. Cash $210,500
To Common Stock (12,000 × $7) $84,000
To Paid in capital in excess of stated value-Common Stock $126,500
(being the issue of the common Stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock and paid in capital as it also increased the stockholder equity
That would be shopping product (a) because the consumer isn't looking for a specific drink they just buy Zingz without much thought
Answer:
The break even point is 25 units.
Explanation:
The break even point is where you have no gain, because the amount of sales in dollars is enoguh to cover your fixed costs. It is calculated
where the contribution margin (or CM) is the difference between price and variable cost. So, the CM in this case is 120 - 64 = 56.
Finally, the break even point is
Answer:
comparative cost pricing
Explanation:
In comparative cost pricing strategy different prices charged by different seller is presented to buyer. The buyer has freedom to choose any price option based on comparative analysis of price.
In the question given above plumbing firms have given their prices to Rhonda and she chose lowest price which can be explained by comparative cost pricing.
Answer:
1. true
Explanation:
When a project goes from one stage to another, a company usually has to commit more money to the project. As a result of this, it is very important that there is a management review after each phase of the project is completed. This will help to ensure evaluation of the project's progress as well as ensure compliance with the goals of the organization for which the project was set in motion.
Cheers.