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Maksim231197 [3]
3 years ago
12

For each transaction, indicate the transaction's effect on the company's accounting equation by selecting either increase, decre

ase, or no effect for each area of the accounting equation. Do not leave any of the fields below blank.
(If the transaction were to cause an increase and decrease to the same area of the accounting equation, "no effect" should be chosen as the overall effect to that area)
A. On May 1, issued 20,000 shares of $10 par common stock for $20 per share.
B. On June 1, purchased 4,000 shares of treasury stock for $25 per share.
C. On Sept 1, declared a 4-for-1 stock split.
D. On Oct 1, declared a dividend of $10,000 to be paid on Nov 15.
E. On Nov 15, paid the dividend previously declared on Oct 1.
Business
2 answers:
lbvjy [14]3 years ago
8 0

Answer:

C

Explanation:

statuscvo [17]3 years ago
7 0
Answer c
Step by step explanation
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________ is shown on a multiple-step but not on a single-step income statement.
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Answer:

Cost of goods sold.

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2 years ago
Which task is most suitable for creating an algorithm?
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Answer:

finding the best of three suggested routes to drive to a concert

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3 years ago
The stockholders’ equity section of Pretzer Corporation consists of common stock ($10 par) $2,650,000 and retained earnings $532
CaHeK987 [17]

Answer:

A. $2,650,000 $3,312,500

B.$532,000 $291,500

C.$10 $10

Explanation:

Before Dividend After Dividend

(a)Stockholders’ equity

Paid-in capital

Common stock, $10 par

$2,650,000 $2,915,000

In excess of par value $106,000

Total paid-in capital

$2,650,000 $3,021,000

Retained earnings

$532,000 $291,500

Total stockholders’ equity

$3,182,000 $3,312,500

(b)Outstanding shares

$265,000 $291,500

(c)Par value per share

$10 $10

10×$26,500=$265,000

$2,650,000+$265,000=$2,915,000

$14×$26,500=$371,000-265,000

=$106,000

$265,000+$26,500=$291,500

8 0
3 years ago
What amount needs to be invested today at 6% simple interest in order to have $4000 in 2 years?
garri49 [273]
Data:
A (amount) = ?
P (Principal) = $ 4000
r (rate) = 6% → 0.06
t (time) = 2 years

Formula:
A = P(1+r*t)

Solving:
A = P(1+r*t)
A = 4000(1+0.06*2)
A = 4000(1+0.12)
A = 4000*1.12
\boxed{\boxed{A = \$\:4480}}\end{array}}\qquad\quad\checkmark


4 0
3 years ago
lanier company manufactures expensive watch cases sold as souvenirs. three of itssales departments are retail sales, wh
Nataly [62]

Mary Gammel's responsibility in the firm is to monitor the results of profit center because it is the key driver of the total results of the company.

<h3>What is Mary Gammel position?</h3>

She is a manager in the retail sales department which is a profit center in the firm because it is saddles with role of supervising the team of sales representatives who works with customers.

Hence, Mary Gammel's role is to monitor the results of profit center because it is the key driver of the total results of the company.

Missing words "<em>Mary Gammel is a manager in the Retail Sales Department. Determine what should be included in the responsibility report of the manager</em>"

Read more about retail sales department

<em>brainly.com/question/930797</em>

#SPJ1

3 0
1 year ago
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