Answer:
Explanation:
The journal entry is shown below:
Land A/c Dr $243,000
Building A/c Dr $370,000
To Common stock A/c $168,000 (28,000 shares × $6)
To Paid-in capital in excess of par value - common stock $445,000
(Being the issuance of the common stock in exchange of land and building)
Simply we debited the land account and building account and credited the common stock and paid in capital in excess of par value
Answer:
B. To plan production, marketing, and budgets
Explanation:
A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.
Answer:
D) there is a decline in the price level.
Explanation:
Inflation refers to an increase in the general price level of a country, while deflation is exactly the opposite. Deflation represents a decrease in the general price level of a country. They are both calculated the same way, only that inflation is much more "famous" and notorious since it happens very oftenly, while deflation is very rare.
But that doesn't mean that deflation is good, since it generally represents an economic decline or recession. A low inflation rate is a sign of a healthy economy because it shows that the economy is growing.
Answer:
b. We will send your order as soon as we have confirmed the sizes you need
Explanation:
The second sentence b) is more casual than the first sentence a) simply because the words used are part of everyday english language.
Despite that, the sentence in ordered in a manner that is both polite, and clear, which gives it a professional tone while at the same time being easy to understand, meaning that the sentence can easily achieve the goal of providing effective communication to the customer.
Answer
1. Attached as table in excel document.
2. Attached as table in excel document.
3. Attached as table in excel document.
4. 1Fuzzy Monkey will report its investment at its fair value of $100 million
4.2. Attached as table in excel document.
5. Attached as table in excel document.
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. All the exercises are solved in a single sheet with the formulas indications.
