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Answer:
Explanation:
Management is the coordination and management of tasks to achieve a goal. Such management activities include setting the organization's strategy and coordinating employees' efforts to achieve these goals using available resources. Management can also refer to the seniority structure of employees in the organization.
Answer:
a) $550,000
Explanation:
Treasury stock transactions do not affect shares issued, because treasury shares are included in issued shares. The only event during the year affecting the total par value of common stock issued is the July 9 issuance of shares that were not issued before.
The stock split does not change total par of shares issued, because par is cut in half and the number of shares is doubled. Treasury shares are protected, meaning they are also doubled and have their par cut in half. The total par of issued common stock at year-end is $550,000:
$500,000 from January 1
Plus $50,000 from July 9 issuance: 10,000 × $5
Equals $550,000 total par of issued shares.
Source: https://www.brainscape.com/flashcards/dividends-7208677/packs/11475096
Answer:
The contribution margin per unit is $100
Explanation:
The computation of the contribution margin per unit is shown below:
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
= $160 - $60
= $100
hence, the contribution margin per unit is $100
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: $593000; $250000
Explanation:
The consolidated Additional Paid-In Capital and Retained Earnings (January 1, 2021 balances) as a result of this acquisition transaction will be calculated thus:
Additional paid in capital will be:
= $60000 + ([46-5] × $13000)
= $60000 + (41 × $13000)
= $60000 + $533000
=$593000
Retained earnings will the value of the parent's retained earnings only which will be $250000