Answer: E. 18,000
Explanation:
Wesley Corporation has 80,000 shares of common stock authorized. This the total amount of common stock that is available for sale by the company.
Only 50,000 shares of common stock were issued and 12,000 shares of common stock as held as treasury stock.
Then the total number of outstanding shares of Wesley Corporation amounts to 80,000 - 50,000 - 12,000 = 18,000
Answer:
No entry required
However, the balance sheet must be adjusted to represent both, the 4,000,000 inventory and the 4,000,000 accounts payable
Explanation:
As the account involved:
Inventory and accounts payable are permanent account do not alter the net income for the year ended December 31th 2020.
Also as no cash is involve the cash statement is not affected too.
This delay on recording generate no problem for the accounting.
Answer:
price fixing agreement
Explanation: Price fixing is an agreement (written, verbal) among competitors to sell a product, service, or commodity only at a fixed price. These competitors who agree to this agreement are responsible for raising, lowering, or stabilizing prices according to their competitive terms. Generally, consumers make choices to what products and services to buy, and they expect that the price should be determined freely on the basis of supply and demand, not by an agreement among competitors. in this type of case, prices tend to be higher which is a major concern for the consumers.
The answer is 63922.75 dollars... i think :)
Answer:
a. extremely strong winds that destroyed homes
Explanation:
The people of the Philippines are no stranger to typhoons and yet most people were caught off guard when the typhoon Haiyan struck and caused unprecedented number of casualties. The main reason for this was due to extremely strong winds that destroyed homes.
The typhoon Haiyan was unlike any other typhoon the people of Philippines were accustomed to, or even Asia as a continent. It came with extremely strong winds that completely leveled everything in its path, leaving in its wake a mass of casualties and both human and infrastructure.
