Answer:
26,920
Explanation:
At $10 par value,
Number of authorized shares = 30,000 (given)
Number of issued shares = $270,000/$10 = 27,000 shares
Number of treasury shares = $1,200/$15 = 80 shares
Since Treasury shares do not form part of outstanding shares, they will be deducted from issued shares to obtain outstanding shares
Therefore, number of outstanding shares
= 27,000 - 80
= 26,920 shares
Answer:
An elevator pitch, elevator speech, or elevator statement is a short description of an idea, product, or company that explains the concept in a way such that any listener can understand it in a short period of time.
Answer: see affixed, a document containing the solution
Explanation:
Answer:
Dr. Inventory Write down............(91,000 - 71,600)....$19,400
Cr. Inventory.......................................................................................$19,400
Explanation:
The write down of the inventory value from at the end of the year with a historical cost of $ 91,000 to the current replacement cost is $ 71,600 will be recorded as follows:
<u>Journal Entries</u>
Dr. Inventory Write down............(91,000 - 71,600)....$19,400
Cr. Inventory.......................................................................................$19,400
<u>Being the write down of the value of inventory from historical cost to replacement cost at year end</u>
The correct answer that would best complete the given statement above is the word JOB ENRICHMENT. Here is the complete statement. <span>When one department store authorized thousands of its sales clerks to handle functions normally reserved for store managers, such as handling merchandise-return problems and approving customers' checks, they gave them more responsibility. This is a job enrichment technique. Hope this helps.</span>