1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
True [87]
3 years ago
5

Caramel Corporation has 5,000 shares stock outstanding. In a qualifying stock redemption, Caramel distributes $145,000 in exhang

e for 1,000 of its shares. At the time of the redemption , Caramel has paid-in-capital of $800,000 and E&P of $300,000.The results of this redemption is a $___________ charge to E&P and a $____________ reducation of Caramel's paid-in-capital account.
Business
1 answer:
bazaltina [42]3 years ago
4 0

Answer:

In other words,this redemption transaction results in $60000 charge to e&p and $85000 reduction of Caramel's paid capital account

Explanation:

E&P in relation to redemption is =total e&p/total shares*shares redeemed

E&P in relation to redemption is =$300000/5000shares*1000shares

E&P in relation to redemption is =$60000

The reduction in Caramel's paid-in-capital is $85000 ($145000-$60000)

You might be interested in
Which are guidelines for using Themes?
kipiarov [429]

Answer:

I think it's D. or A. or B. but I mostly think it's D. Be consistent with themes across worksheets and workbooks

6 0
3 years ago
You place half your wealth into tivo stock and the other half into intel bonds. tivo stock's beta = 1.2 and intel bonds' beta is
Butoxors [25]

Weight to wealth in the tivo stock = w1 = 0.5

Weight to wealth in intel bonds = w2 = 0.5

Tivo stock beta (beta1) = 1.2

Intel bond beta (beta2) = 0.90

Portfolio (beta) = w1beta1 + w2beta2 = 0.5 x 1.2 + 0.5 x 0.9

 

The answer is 1.05

<span> </span>

6 0
3 years ago
Regent Plumbing Corporation provides plumbing services. Selected transactions of Regent Plumbing Corporation are described as​ f
Fynjy0 [20]

Answer:

net income 5,600

Explanation:

a.- service revenue   3,500

b.- it do not affect the net income. Is trading one asset (cash) for another (equipment)

c.- it do not affect the income. It increase a liability (note payable) and an asset (cash)

d.- rent expense          (900)

e.- it do not affect the net income. Is trading one asset (cash) for another (supplies)

f .- service revenue   3,000

net income = revenue - expenses

service revenue 3,500 + 3,000 =  6,500

rent expense                                    (900)

net income                                      5,600

3 0
4 years ago
parrker Sportswear is an MNE with retail stores around the world. Parker views itself as a collection of relatively independent
Dmitriy789 [7]

Answer:

Multi-domestic

Explanation:

Multi-domestic strategy is a marketing approach in which an organization focuses all its campaigns and advertising mediums to a local market instead of a more global or international market.

A multi-domestic strategy is utilized by various organisation to make their products respond quickly to local needs.

This strategy boost the business rate of competition in the local market, it also tends to increase the amount of their shares in the local market.

A major disadvantage of this strategy is that it requires a lot of money.

3 0
3 years ago
Cost of Goods Manufactured, using Variable Costing and Absorption Costing On March 31, the end of the first year of operations,
beks73 [17]

Answer:

a.  $149.00

b.  $217.00

Explanation:

Variable Costing

Product Cost under Variable Costing = Variable Manufacturing Costs Only

Total Variable Manufacturing Cost = $610,900

Unit Cost = Total Cost / Units Manufactured

                = $610,900 / 4,100 units

                = $149.00

Variable Costing

Product Cost under Absorption Costing = Variable Manufacturing Costs + Fixed Manufacturing Costs.

<u>Total Absorption Cost Calculation</u>

Total Variable Manufacturing Cost  $610,900

Fixed manufacturing costs               $278,800

Total Absorption Cost                      $889,700

Unit Cost = Total Cost / Units Manufactured

                = $889,700 / 4,100 units

                = $217.00

5 0
4 years ago
Other questions:
  • The mean annual income for adult women in one city is $28,520 and the standard deviation of the incomes is $5100. The distributi
    15·1 answer
  • Red Sun Rising Corp. has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments o
    12·1 answer
  • Interest earnings of 4 percent with a $500 minimum balance; average monthly balance, $700; monthly service charge of $20 for fal
    13·1 answer
  • The trial balance columns of the worksheet for Flint at March 31, 2019, are as follows.
    6·1 answer
  • Which of the following is NOT a valid reason for using credit?
    14·1 answer
  • Entrepreneurial judgment Group of answer choices is necessary to make business decisions when no fixed decision rule can be used
    15·1 answer
  • On January 1, 1997, an investment account is worth 100,000. On April 1, 1997, the value has increased to 103,000 and 8,000 is wi
    12·1 answer
  • On July 1, 2022, Jenks Company purchased the copyright to Jackson Computer tutorials for $424,000. It is estimated that the copy
    14·1 answer
  • Question 9 of 20
    10·1 answer
  • If, as your taxable income decreases, you pay a smaller percentage of your taxable income in taxes, then the tax is
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!