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lbvjy [14]
3 years ago
15

Mega Corporation repurchased 1,000 shares of its $1 par value common stock for $8,000. The effect of this transaction on the acc

ounting equation includes a(n) ______. (
Business
1 answer:
Nitella [24]3 years ago
4 0

Answer:

Explanation:

Since in the question the shares are repurchased which impact the accounting equation in a negative manner

Accounting equation would be

Total assets = Total liabilities + Stockholder equity

The assets are decreased as it reduces the balance of cash account as well as it reduced the stockholder equity also by the same amount

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Project selection helps to ensure that no project affect the status of other
kirza4 [7]

Answer:

<u>projects</u>

Explanation:

Remember, among the 'Project selection' stage is the first stage of the Project Process Stages. This stage typically involves examining each project and then determining which is of utmost importance.

Rather than trying to run every uncompleted project with the limited resources available which may affect the status of other projects, it is better to select the project that is most beneficial and that is feasible to complete within the stipulated deadline.

3 0
3 years ago
Why do you think effective planning is necessary in achieving our objectives?
MakcuM [25]

Answer:

yes by planning we can be success and can get instructions oursrlves

8 0
3 years ago
In 2005, Cobb adopted the dollar-value LIFO inventory method. At that time, Cobb's ending inventory had a base-year cost and an
kherson [118]

Answer:

$410,000

Explanation:

The computation of the ending inventory under the LIFO method is shown below:

= Year end cost + difference of amount  × price level index

where,

Year end cost = Beginning cost

Difference of amount = $400,000 - $300,000 = $100,000

Price level index = $440,000 ÷ $400,000 = 1.1

So, the inventory cost is

= $300,000 + $100,000 × 1.1

= $300,000 + $110,000

= $410,000

6 0
3 years ago
Axl will be borrowing $300,000 today to buy a house, and he will pay it back with 20 yearly payments starting one year from toda
Natalija [7]

Answer:

$28,317.88.

Explanation:

The annual payment, PMT can be determined using a financial calculator as follows :

PV =  $300,000

N = 20

P/YR = 1

R = 7.00 %

FV = $0

PMT = ?

Using a financial calculator, the annual payment, PMT is $28,317.88.

4 0
3 years ago
The petty cash fund is a a.special equity fund. b.special expense fund. c.special cash fund. d.special revenue fund.
solmaris [256]

Answer:

c.special cash fund

Explanation:

The petty cash fund is a special cash fund in which the small amount of the cash kept on hand for paying out the minor expenses like office supplies, etc

So as per the given situation, the petty cash fund is the special cash fund

Therefore the option c is correct

And, the rest of the options are incorrect

6 0
3 years ago
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