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Anna11 [10]
3 years ago
5

On Jan. 2, Callie Taylor invests $40,000 into the business in exchange for common stock. She journalize the transaction as follo

ws but something is wrong with the journal entry. Use your knowledge of what a correct journal entry should look like to identify everything that is wrong.
Business
1 answer:
castortr0y [4]3 years ago
6 0

Answer:

See explanation section.

Explanation:

The correct journal to record this transaction is -

Cash                    Debit          $40,000

Common stock   Credit         $40,000

Note: As Callie Taylor invests the amount in exchange for common stock, An asset (cash) will be increased, and equity (common stock) will be increased. An increase in asset means debit, while an increase in equity means credit.

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grin007 [14]

Yusef has just finished gathering a list of prospective clients and assessing their capacity, eagerness, and authorization to purchase. The pre approach is his next move in the personal selling process, he is aware of this.

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

A marketing strategy is a company's overarching plan for connecting with prospective consumers and persuading them to purchase its services or products. A marketing plan typically includes the value proposition of the company, key brand messages, data on target customer demographics, and other significant elements.

The 4 Ps of marketing—product, pricing, place, and promotion—are covered in-depth in a marketing strategy.

A well-defined marketing strategy should center on the firm's value proposition, which tells customers what the company stands for, how it operates, and why it deserves their business.

This creates a structure for marketing teams to adopt when they create strategies for all of the company's products and services.

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7 0
1 year ago
The United States and the European Union are groups of semi-independent states that have come together under an agreement whereb
goldfiish [28.3K]

Answer:

C. Each state or country can adopt large-scale production techniques that allow lower per-unit costs of production.

Explanation:

Typically explained, Economies of scale (EOS) are the advantages or benefits a firm achieves due to increase in production or operation which in turn leads to decrease in per unit costs.

Here in this question, it is evident that the only way economies of scale could be achieved is by increasing the large scale production techniques that leads to lower per-unit costs of production for the firms.

Hope this clear things up.

Thank you.

6 0
3 years ago
Read 2 more answers
Bourdon software has 10.6 percent coupon bonds on the market with 17 years to maturity. the bonds make semiannual payments and c
Nimfa-mama [501]

The Current yield on the bonds are calculated as :

Current yield = Annual coupon payments/ Current price

Here, we assume the face value of the bond to be $1000

Annual coupon payments are 10.6% of the face value or 0.106*1000 = 106

Current price = 108.1% of the face value = 1.081* 1000 = 1081

Current Yield = 106/1081

Current Yield = 0.098057 = 9.8057%

Current Yield = 9.81% (Rounded to two decimals)

8 0
3 years ago
Hotaling Corporation is analyzing a capital expenditure that will involve a cash outlay of $146,040. Estimated cash flows are ex
Molodets [167]

Answer:

The solution shows that a rate of return of 10% which provides an annuity factor of 4.868 generates an NPV which is equal to zero. Thus, our IRR or internal rate of return is 10%.

Explanation:

The IRR or internal rate of return is the rate at which NPV or Net Present Value of the investment becomes zero. We are provided with the initial outlay for the project and the annual cash inflows along with time period. Using the annuity factors given below, we need to find out the factor which makes the NPV zero. The NPV is calculated as follows,

NPV = Present Value of Cash Inflows - Initial Outlay

We can try out each annuity factor and see what NPV is generates.

1. 6% rate (Annuity factor = 5.582)

NPV = (30000 * 5.582)  -  146040

NPV = $21420

2. 8% rate (Annuity factor = 5.206)

NPV = (30000 * 5.206)  -  146040

NPV = $10140

3. 10% rate (Annuity factor = 4.868)

NPV = (30000 * 4.868)  -  146040

NPV = $0

So, from the above solution we can see that a rate of return of 10% which provides an annuity factor of 4.868 generates an NPV which is equal to zero. Thus, our IRR or internal rate of return is 10%

4 0
3 years ago
Differential Analysis for a Lease or Sell Decision Granite Construction Company is considering selling excess machinery with a b
jeka57 [31]

Answer and Explanation:

The preparation of the differential analysis is presented below:

<u>Particulars   Lease Machinery Sell Machinery Differential Effect on Income </u>

Revenues     $284,900             $275,700              $9,200

Costs            $24,600                $13,785                 $10,815

Income (Loss) $260,300          $261,915              -$1,615

It is better to sell the machinery as it has a loss of $1,615

8 0
3 years ago
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