All categories

4 years ago

The shareholders’ equity section of the balance sheet of TNL Systems Inc. included the following accounts at December 31, 2015:

Business

1 answer:

ivolga24 [154]4 years ago

3 0

Answer:

TNL System Journal entries

Date Description DR CR

$'million $'million

a. Feb 5 Treasury Stock 66

Cash 55

Being the purchase of own shares

b. July 9 Cash 26

Treasurt Stock 22

Paid -in- Capital -share repurchase 4

Being the resale of treasury stock

c. Nov 4 Cash 16

Paid - in-capital- share repurchase 5

Retained earnings 1

Treasury stock 22

Being the resale of treasury stock below the cost

2. Balance Sheet as at December 31, 2018

$'million

Equity

Common stock, 230 ,illion shares at $1 230

Paid-in-excess capital of par 1,830

Retained Earnings ( 1,400 - 1 -1,399) -

2,060

Treasury Stock (22)

Total Equity 2,038

Explanation:

You might be interested in

Boise, a division of Price Enterprises, currently performs computer services for various departments of the firm. One of the ser

Vlad1618 [11]

Answer:

irrelevant costs in Boise’s outsourcing = $25500

Explanation:

given data

variable costs = $80,000

fixed operating costs = $25,000

administrative overhead = $18,000

fixed operating costs reduced = 70%

to find out

The irrelevant costs in Boise’s outsourcing decision total

solution

we get here first reduction in traceable cost that is

reduction = 30% of $25,000

reduction = $7500

so irrelevant costs in Boise’s outsourcing will be

irrelevant costs in Boise’s outsourcing = administrative overhead + reduction cost

irrelevant costs in Boise’s outsourcing = $18000 + $7500

irrelevant costs in Boise’s outsourcing = $25500

7 0

3 years ago

A study of the potential demand for a new hospitality and travel business is called______

Murrr4er [49]

Answer:

market analysis

Explanation:

A market analysis is the studies the dynamics of the study market such that of a potential rise in demands for a new hospitality and travel business. The market analysis is also a part of the global environmental analysis.

It identifies the possible strengths and weaknesses along with the opportunities and threats. It areas include market trends, growth probability, and key success factors.

4 0

3 years ago

Your company expects to pay 5,000,000 Japanese yen 90 days from now. You decide to hedge your position by buying Japanese yen fo

Kitty [74]

Answer:

$47,500

Explanation:

The computation of the dollars amount for meeting the obligation is shown below:

= Expected amount to pay × forward rate

= 5,000,000 × $0.0095

= $47,500

We simply multiply the Expected amount to pay with the forward rate so that the accurate amount can come.

All other information which is given is not relevant. Hence, ignored it

6 0

3 years ago

Use your knowledge of management functions to correctly answer the following question. As you sit at your desk on your first day

snow_lady [41]

Answer:

planning

Explanation:

Planning is the method of focusing on the actions needed to achieve a specific purpose. Achieving desired outcome is the first and probably most important activity. This involves creating and managing a strategy, like psychological side that include analytical competencies. There are indeed a few assessments to assess the skill of someone to plan effectively.

The planning process has been extensive and is appropriate for many professions. There are different kinds of strategies in each sector that help businesses achieve productivity and efficiency. An important element of planning, though often neglected, is the connection it has to forecast.

4 0

3 years ago

Why Can't You Buy Xiaomi Mi Band 4? Here Are 5 Facts That You Should Know

Rasek [7]

Answer:

What????

What is the question?

5 0

3 years ago