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wlad13 [49]
3 years ago
9

"Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding sha

res of Vicker. What will be the consolidated Additional Paid-In Capital and Retained Earnings (January 1, 2018 balances) as a result of this acquisition transaction?"
Business
1 answer:
Ghella [55]3 years ago
8 0

Answer:

Additional paid in capital in excess of par value is any amount of money received through issuing stocks at a higher value than par:

additional paid in capital = ($47 - $5) x 12,000 stocks = $42 x 1,200 = $504,000

Additional paid in capital does not affect retained earnings, so retained earnings should remain unchanged.

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The best option is B Paint Space game Online character portraits to sell on her website.

Rose decides she wants to begin her own business, marketing toward online game players. The statement which best describe the economic question What to produce is Paint Space game Online character portraits to sell on her website.

3 0
3 years ago
When economists say that the Federal Reserve Banks are central banks, it means that multiple choice 1 the banks' policies are co
crimeas [40]

Answer:

the policies are coordinated by the Federal Reserve Board of Governors is the correct answer.

Explanation:

4 0
2 years ago
The gross profit method of inventory valuation is not valid when a. there is substantial increase in the quantity of inventory d
lukranit [14]

Answer:

The gross profit method of inventory valuation is not valid when

c. the gross margin percentage changes significantly during the year.

Explanation:

Gross Profit Method:

It is such method that is used to determine the value of ending inventory in a specific period.

  • The option a, b and d are valid as this method is used when there is substantial increase in the quantity of inventory or in the cost of the inventory during the year. Moreover, it is also used to calculate the amount of ending inventory that is effected by a disaster such as fire, theft etc.
  • The option c is not valid because it is not used when the gross margin percentage changes significantly during the year as gross profit method is only used to determine the amount of an ending inventory.

6 0
3 years ago
Situation I On January 1, 2020, Bramble, Inc. signed a fixed-price contract to have Builder Associates construct a major plant f
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Answer:

$88,920  

Explanation:

capitalized interest = weighted average accumulated expenditure for the year x interest rate of the loan = $889,200 x 10% = $88,920

Capitalized interest can be added to the basis of the new building that is being constructed. This way, the building's depreciable value will increase.  

8 0
3 years ago
azra’s position as the manager of natural nutrition gives her the ________ to make many decisions during the course of a week, i
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The appointment of Azra as manager gives her <u>authority</u> to make many decisions during the course of a week

Let understand that options includes <em>accountability, authority, responsibility, delegation.</em>

<em />

Basically, the main function of an organization manager is increase the efficiency or effectiveness of their employees, processes, projects, organizations etc

However, the four basic functions of manager includes effective planning, organizing, leading, and controlling of units in the company.

Therefore, Azra’s position gives her authority to <em>make decision</em>, <em>assigns tasks</em>, <em>approve budget requests</em> and <em>market the business</em>.

Learn more about Manager function here

<em>brainly.com/question/15351742</em>

6 0
2 years ago
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