______________ organizations scatter it components in different locations to address local business needs.

During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol

MrRa [10]

Answer:

Date Account Title Debit Credit

Feb 12 Cash $18,000,000

Common Stock $2,000,000

Paid in Capital in excess of Com- $16,000,000

mon stock par value

Working

Cash = 2 million shares * $9 = $18,000,000

Common stock = 2 million * $1 par value = $2,000,000

Date Account Title Debit Credit

Feb 13 Legal expenses $360,000

Common Stock $40,000

Paid in Capital in excess of Com- $320,000

mon stock par value

Working

Cash = 40,000 shares * 9 = $360,000

Common Stock = 40,000 * 1 = $40,000

Date Account Title Debit Credit

Feb 13 Cash $945,000

Common stock $80,000

Preferred Stock $200,000

Paid in Capital in excess of Com- $640,000

mon stock par value

Paid in Capital in excess of Pre- $25,000

ferred stock par value

Working:

Common stock = 80,000 shares * 1 = $8,000

Preferred stock = 4,000 shares * $50 = $200,000

Paid in Cap, Common = 80,000 * (9 - 1) = $640,000

Date Account Title Debit Credit

Nov. 15 Equipment $3,688,000

Common Stock $380,000

Paid in Capital in excess of Com- $3,308,000

mon stock par value

Working:

Common stock = 380,000 * $1 = $380,000

8 0

3 years ago

Which level of management sets general policies, formulates strategies, approves all significant decisions, and represents th

qwelly [4]

Answer: Top managers.

Explanation: Top managers examples are board of directors, president, vice-president, and CEO. These managers are duly responsible for controlling and overseeing the entire organization. They set and develop goals, strategic plans, company policies, and make decisions on the direction of the business. These top managers are responsible for controlling and overseeing the entire organization with the aim of achieving organization goals.

5 0

3 years ago

Brand socialization is a measure of how effectively ______. a. a company’s brand reinforces a positive relationship between the

oee [108]

Answer: Option (B)

Explanation:

From the given options we can state that , option (B) is correct. Brand socialization is referred to as or known as the measure or scale of how effectively an organization or a company tends to engage with its several or various stakeholders which are mostly online and act in mutual profitable and beneficial exchange of data and information.

5 0

3 years ago

What limits are placed on the government's power to tax?

riadik2000 [5.3K]

The U.S. taxing power, while very broad, has important limitations. First, direct taxes must be apportioned, a very difficult requirement. Second, duties, imposts, and excises must be uniform—an easy-to-meet standard, but one which, if ignored, can be fatal to a statute.

P.S. I hope this helps

6 0

3 years ago

Suppose that the production of a good generates a negative impact upon third parties. If the market does NOT take these negative

Lelu [443]

Answer:

The price will decrease and the quantity of the product sold will increase.

Explanation:

The price quoted would be lower because the social costs are not part of the cost of the product. This would increase the demand of the product because financially it is more beneficial and the price demand relation says that when the price of the good decreases the demand of the product increases and vice versa. So this means that the company will earn more but the society will have to bear the cost of the negative impacts.

6 0

3 years ago

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