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Svetllana [295]
3 years ago
8

Carla Vista Enterprises buys back 600,000 shares of its stock from investors at $6.50 a share. Two years later, it reissues this

stock for $6.00 a share. The stock reissue would be recorded with a debit to Cash for:
Business
1 answer:
photoshop1234 [79]3 years ago
8 0

Answer:

Debit to cash is $3,900,000

Explanation:

The journal entry for recording this given transaction is as follows

Cash Dr (600,000 shares × $6.50) $3,900,000

       To Additional paid in capital (600,000 shares × $0.50) $300,000

       To Treasury stock (600,000 shares × $6.00) $3,600,000

(Being the stock reissued for cash is recorded)

for recording this we debited the cash as it increased the assets and credited the treasury stock as it reduced the treasury stock balance and credited the additional paid in capital

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In business, a message written to right a wrong is called a claim. Straightforward claims are those where the receiver is expect
REY [17]

Answer: A clear statement of the problem

Explanation:

The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.

Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.

5 0
3 years ago
The major activities of the Planning Section include:
scZoUnD [109]
The answer to the question stated above is letter A.

.The major activities of the Planning Section include: Preparing and documenting Incident Action Plans.
ADDITIONAL INFORMATION ABOUT PLANNING SECTION
>Planning section includes the following major activities:
<span>         -Collect, evaluate, and display incident intelligence and information.
         -Prepare and document Incident Action Plans.
         -Track resources assigned to the incident.
         -Maintain incident documentation.
<span>         -Develop plans for demobilization.</span></span>
4 0
3 years ago
Read 2 more answers
Required information [The following information applies to the questions displayed below.] Desmond is 25 years old and he partic
MrRa [10]

Answer:

Saver's credit = $0

Explanation:

He is not entitled to any saver's credit, as he is not married and his AGI is greater than $32,000. Therefore the Saver's credit is equal to zero. Is also important to consider that Desmond is a head of a household and his AIG is between 31,126 and 48,000.

6 0
3 years ago
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The process of determining the probability that potential customers will not pay is called:
DENIUS [597]

The process of determining the probability that potential customers will not pay is called <u>"credit analysis".</u>


Credit analysis is a sort of analysis an investor or bond portfolio chief performs on organizations or other obligation issuing substances to gauge the element's capacity to meet its obligation commitments. The credit investigation looks to recognize the suitable dimension of default chance related with putting resources into that specific substance.  

The result of the credit analysis will figure out what hazard rating to appoint the obligation guarantor or borrower. The hazard rating, thus, decides if to stretch out credit or advance cash to the obtaining substance and provided that this is true, the sum to loan.

5 0
3 years ago
Deep Mining and Precious Metals are separate firms that are both considering a silver exploration project. Deep Mining is in the
Julli [10]

Answer:

Precious metals should accept the project

Explanation:

To determine which company should accept the project, one has to calculate the net present value.

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Cash flow in year 0 =

Cash flow each year from year one to ten =

For Deep Mining ,

I = 16.7%

NPV = $39,096.09

Precious Metals,

I = 12.6%

NPV = $83,144.67

Precious metals should accept the project because its npv is postive.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

5 0
3 years ago
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