1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Volgvan
3 years ago
13

Grid Corp. acquired some of its own common shares at a price greater than both their par value and original issue price, but les

s than their book value. Grid uses the cost method of accounting for treasury stock. What is the impact of this acquisition on total stockholders' equity and the book value per common share
Business
1 answer:
crimeas [40]3 years ago
7 0

Answer:

Reduction

Explanation:

Transactions involving treasury stock will affect the stockholders' equity section of the balance sheet by offsetting the value of common stock tothe the tune of the amount of the repurchase

By extension, as a result of the offsetting of common stock by treasury stocks; such transactions generally reduces stockholders' equity by the amount of the repurchase.

Hence, going forward, Grid Corp will show a lower number of outstanding shares and a lower figure as Shareholders' equity.

You might be interested in
Steve Jobs has achieved a great deal of success. What are some possible negative consequences of the level of power that he hold
Alex73 [517]
People can claim his work or inventions as their own.
6 0
3 years ago
what communication guidance would you give to varma and individuals like her who place an inordinately high value on body langua
Mumz [18]

This question is incomplete, here is the passage attached to the question:

Charisma Corporation (CC) has recently embarked on a new kind of training. The corporation is teaching many of its employees, especially those in the marketing and sales to make decisions on the basis of non verbal communication cues. For Malini Varma, VP of CC, focusing on non verbal communications has become an important part of her inter personal dealings.

Several years ago, Varma became interested in how body movements and mannerism truly reflect what an individual is saying. Continuously reading in this area of study, Varma has been able to take decisions about potential employees and potential customers by ‘reading’ them. Varma believes that body language can give a person competitive advantage. It can make difference while closing a deal or, as in CC’s case, while hiring employees. For example, during interviews, Malini pays constant attention to the  candidate’s eye movements and mannerism. She believes that she can correctly predict if the candidate will be aggressive sales person while simultaneously being personable and friendly. How does she do it? She does this by looking at their eyes and the way they present themselves. In one case hiring decision came down to two people. The first person was animated and made constant eye contact. The second candidate never looked in the eyes of Malini. , leaned back in his/her chair, and crossed both his legs and arms. The first candidate demonstrated the communication skills that Varma thought aligned with successful performance in her organization.  Malini Varma is convinced that communication skills play a significant role in helping her organization achieve its annual sales goals. Personally, she has found that it has helped her ‘quality’ customers. For instance even when a potential customer says,’ yes’ with his/her arms and legs crossed emphatically, it means, No! Understanding this, Varma is in a better position to probe further into the possible objections the customer has. She has found that, in many cases, she is able to steer the conversation in a direction that ultimately leads to successfully closing a sale. And that is a major competitive advantage.

EXPLANATION

The communication guidance that I would give to Varma and other individuals like her is that there is a need for one to maintain a balance between verbal and non-verbal communication, this is necessary in order to be able to communicate effectively.

Although, learning about non verbal communication is good, one should also learn about verbal communication. In order for Varma to ensure that she communicate effectively at all times, she needs to do the following:

1. Be objective in her interpretation of other people's non verbal communication: This is because different people communicate differently when it comes to non verbal communication. It is better to ask people for feedback in order not to misinterpret them.

2. She should improve her verbal communication skills: There is a need to expand her vocabulary in term of verbal communication.  

3. Verma should also note that good communicators focuses on the receivers in order to ensure that their messages are perfectly understood. Verma should learn to pass information successfully to others and ensure that her messages are correctly decoded and interpreted in order to ensure accurate response.

7 0
3 years ago
The ​short-run effect of consumers becoming more pessimistic will be for the
Bogdan [553]

Answer:

The correct answer is option A.

Explanation:

In case the consumers have a pessimistic tendency towards the future, they would expect the economy to face a downturn. They will, as a result, save their income and wealth for the future.  

This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.  

An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.

7 0
3 years ago
If a company has a capital structure of $5,000,000 common stock with a cost of 17%, $2,000,000 bonds at 4%, $1,000,000 of short
rjkz [21]

Answer:

Explanation:

Weighted Average Cost of Capital; formula is as follows;

WACC = wE*re + wP*wp + wD*rd(1-tax)

where w= weight of...

r = cost of ...

E= common equity

P = preferred stock

D = Debt

Find the weights of each source of capital;

WACC = (0.50*0.17) +(0.20*0.03) + [0.20*0.04(1-0.40)] +[0.10*0.07(1-0.40)]

WACC = 0.085 +0.006 + 0.0048 + 0.0042

WACC = 0.1 or 10%

3 0
3 years ago
The price elasticity of demand measures the​ ________ that results from a​ ________.
iogann1982 [59]
<span>The price elasticity of a demand measures the percentage change in the quantity demanded that results from a  percentage change in price.

hope it helps!!</span>
4 0
3 years ago
Other questions:
  • Mitchell's money income is $150, the price of X is $2, and the price of Y is $2. Given these prices and income, Mitchell buys 50
    12·1 answer
  • S&amp;P Enterprises sold 10,000 units of inventory during a given period. The level of inventory of the manufactured product rem
    11·1 answer
  • Which type of electronic meeting held between people at two or more locations combines audio and video transmission?
    5·1 answer
  • Why is it important to budget some money for entertainment?
    15·2 answers
  • Keisha owns a house worth $275,000 with a mortgage of $195,000. She owns a car worth $12,000 and has $7,500 in car loans. She ha
    13·2 answers
  • Support agents at Universal Containers research solutions to customer issues by asking various subject matter experts (SMEs) at
    15·1 answer
  • Under LIFO, net income exists if revenues are sufficient to cover the __________ cost of the units of inventory sold, provided n
    6·1 answer
  • Many demographers predict that the United States will have zero populationgrowth in the twenty-first century, in contrast to ave
    8·1 answer
  • You own an e-commerce site that sells skis and related winter sports gear. You gather your team of six employees and ask them to
    8·1 answer
  • Bank Reconciliation Statement is prepared<br> by:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!