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Basile [38]
3 years ago
8

Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its common stock

on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 20 of the shares at $38 per share. What is the balance in the Treasury Stock account on August 2?

Business
2 answers:
salantis [7]3 years ago
7 0

Answer:

The balance in the Treasury Stock account on August 2 is $1,200.

Explanation:

Balance in the Treasury Stock account on August 2

= (100 - 50 - 20)*$40  

= 30*$40

= $1,200

Therefore, The balance in the Treasury Stock account on August 2 is $1,200.

alexira [117]3 years ago
6 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Farmer Jones is producing wheat, and must accept the market price of $6.00 per bushel. At this time, her average total costs and
zmey [24]

Answer:

D. Reduce Output but continue production

Explanation:

Since marginal cost equals average total cost, it can be deduce that she's operating at her most productively efficient region. But she's force to sell at a price lower than her average total cost which could indicate a loss in profit. This means that she should stop production. But then again, her average variable cost is less than the market price, therefore it is adviceable for her to reduce output but continue to produce.

3 0
3 years ago
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Chips of Joy, a leading chocolate chip cookie manufacturer, has decided to use the same marketing strategy and marketing mix wor
frozen [14]

If the only change that will be made is language translation on the various packaging. Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.

<h3>What is marketing strategy?</h3>

Marketing strategy can be defined as the strategy applied when creating awareness about a product so as to generate more sales.

Standardized global marketing strategy enables  companies to market or promote their product or brand internationally or across the globe.

Therefore Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.

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7 0
2 years ago
WILL GIVE MEDAL NEED HELP ASAP
pentagon [3]

Answer:

The correct answer is (A) Penetration pricing.

Explanation:

In this type of pricing, a product is initially priced low to quickly reach a large part of the market and to encourage the word of mouth marketing from consumers. This strategy works with the expectation that customers will be attracted to the new brand due to the low price. But in the case of batteries, the customer compares quality with a high price (Auger et al., 2010). So, this will not be considered as a successful pricing approach from Energizer.

Reference

Auger, P., Devinney, T. M., Louviere, J. J., & Burke, P. F. (2010). The importance of social product attributes in consumer purchasing decisions: A multi-country comparative study. International Business Review, 19(2), 140-159.

7 0
3 years ago
Sarah and Luke each purchased $125 of merchandise from Owens Grocers on account. The terms of both sales were 1/7, n/30. Account
Tatiana [17]

Answer:

Sarah inventory $ 123.75

Luke inventory  $  125.00

Explanation:

<u>Sarah</u>

125 dollars x 1% discount = 1.25 dollars

Inventory:

125 nominal - 1.25 discount = 123.75

Sarah will enter the inventory for the price it paid to acquire it which is 123.75

<u>Luke</u>

As look paid after the discount period the inventory will be valued at nominal:

125 dollars nominal

<u>the charge is considered interest expense</u> it will not be capitalize through inventory.

7 0
3 years ago
Structural unemployment is sometimes said to result from a mismatch between the job skills that employers want and the job skill
Liono4ka [1.6K]

Answer:

False

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Due to the fact that the same amount of training is needed in each of the industries, wages would be the same. If wages were higher in the air craft industry, their would be an excess supply of labour in the airline industry. This would pull the wages in the airline industry down until the same wages are earned in both industries

8 0
3 years ago
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