Answer:
No journal is needed
Par value is now $1
Explanation:
There is journal entry for stock split no new funds were received from stockholders and the fact that the equity stockholders capital remain the same after the stock split.
It is a mere book redenomination where the number of outstanding shares in issue is increased while the par value is reduced proportionally.
In essence a stock split of 2 for 1 means one share is added to existing one and the two shares are now priced at the value of one previously
The par value after stock split=1/2*$2=$1
Answer:
The team earns $405 in revenue for each game and $2430 revenue each season. With total costs of $3300 each season, the team finishes the season with $ -870 of profit
Explanation:
TEAM EARNS $ 10 FOR EACH TICKET AND 30 PEOPLE ATTEND A GAME AND SPEND $7 ON CONCESSION STAND BUT TEAM RECEIVE ONLY $ 3.5 OUT OF THIS SO
PER CUSTOMER REVENUE OF TEAM= $13.5
TOTAL REVENUE PER GAME = 13.5 * 30= $405
FOR A SEASON OF 6 GAMES, TOTAL REVENUE= 405* 6=$2430
PROFIT = REVENUE- COST= 2430- 3300 = -870 $
THAT MEANS LOSS OF 870 $
The team earns $405 in revenue for each game and $2430 revenue each season. With total costs of $..3300...... each season, the team finishes the season with $ -870 of profit or loss of $870
Answer:
A.grow through innovation
Answer:
Revenue Centre
Explanation:
Revenue Centre is that division or department of the firm which generate or create revenue through sale of the goods and the services. The district director who is managing the 5 mortgage origination offices that is staffed by the bank associates. So, most likely responsible for a revenue centre of the business. And who works for revenue centre is only responsible or accountable for the revenue only.
