Answer:
a) $550,000
Explanation:
Treasury stock transactions do not affect shares issued, because treasury shares are included in issued shares. The only event during the year affecting the total par value of common stock issued is the July 9 issuance of shares that were not issued before.
The stock split does not change total par of shares issued, because par is cut in half and the number of shares is doubled. Treasury shares are protected, meaning they are also doubled and have their par cut in half. The total par of issued common stock at year-end is $550,000:
$500,000 from January 1
Plus $50,000 from July 9 issuance: 10,000 × $5
Equals $550,000 total par of issued shares.
Source: https://www.brainscape.com/flashcards/dividends-7208677/packs/11475096
Answer:
D
Explanation:
Contribution margin is the level of output at which revenue would equal zero
Contribution margin = fixed cost / (price - variable cost)
fixed cost = 1000 + 300 = 1300
variable cost :
t shirt = 6 + 2 = 8
sweats = 10 + 2 -= 12
1300 / ( 15 - 8) = 185.71
1300 / ( 25 - 12)
Answer:
formatting or editing because that is where you can change how something is placed or appears in the document.
The best method to make money would be the best
Answer:
True.
Explanation:
Control is the mechanism for making sure the other three managerial functions such as planning, organizing, and leadership are operating smoothly.
Control is basically one of the key functions of the management in an organization and as such it is an essential goal-oriented function of managers or supervisors or the top executives working in an organization.
Generally, it is a management strategy that is being used to set predetermined standards and checking for compliance or accuracy among employees with these standards and requirements. Also, if the standards aren't followed by the employees, control is used to detect the errors and eventually to take corrective actions so as to achieve organizational goals, objectives, mission and vision.
Hence, the purpose of control by management is to minimize deviation from standards by the employees working in an organization and to ensure that their actions or activities are in tandem with the stated goals of an organization. Also, if an organization wishes to attain greater heights, remain competitive or have a competitive advantage over industry rivals it is very important that it's managers use control effectively.
<em>In a nutshell, control is a strategic function that regulates, guides and protects the activities of an organization. </em>
