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Agata [3.3K]
3 years ago
5

XYZ Corporation receives $100,000 from investors for issuing them shares of its stock. XYZ's journal entry to record this transa

ction would include a:(A) Credit to common stock. Correct(B) Debit to investments.(C) Credit to retained earnings.(D) Credit to revenue.
Business
1 answer:
ANTONII [103]3 years ago
8 0

Answer:

The amount received from investors for issuing them shares should be credited to common stock account and also credited to revenue account.

Explanation:

The amount is credited to revenue account because it is a receipt to the company. The amount is also credited to common stock account.

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In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?
il63 [147K]

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

7 0
3 years ago
gatorade thirst quencher was concocted in 1965, but more recently its marketers introduced gatorade zero, a sugar-free drink, in
Delvig [45]

The introduction is an example of a Product line extension

A marketing tactic known as product line extension leverages an established brand to add a new item to an existing product line. A firm's new product could have minor differences from its existing products in terms of, for example, flavor, color, form, components, or packaging size.

The Gatorade thirst quencher was created in the year 1965, and in the year 2018, its marketers released Gatorade zero, which was a sugar-free drink. Apart from this, Gatorade AM was established in the year 2007, while the Gatorade G Series was introduced in 2010. Throughout, there have been numerous Gatorade products launched to the market, which are examples of product line extensions

Read more about Product line extension on:

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8 0
1 year ago
Which career pathways require arm and hand steadiness as a qualification?
Zanzabum

Answer:

C.

Explanation:

Therapeutics, Support Services, and Diagnostics

7 0
3 years ago
Th process of gaining the resources and skill needed in managing consumer resources is known as
storchak [24]

Answer:

A.) Consumer Education

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

In this context, consumer education is a strategic process which typically involves gaining the necessary resources and skills required to manage consumer resources in order to continue to provide satisfactory services to them.

5 0
3 years ago
Read 2 more answers
Reaser Corporation makes one product.AprilMayJuneJulyBudgeted unit sales8,4008,70012,60013,100-Each unit of finished goods requi
kicyunya [14]

Answer: 42056 pounds

Explanation:

The budgeted raw material purchases for May will be:

Budgeted unit sale = 8700

Add: desired ending inventory = 10% × 12600 = 1260

Total needs = 8700 + 1260 = 9960

Less: Beginning inventory = 10% × 8700 = (870)

Production in May = 9960 - 870 = 9090

Pounds for material = 4

Material for production = 9090 × 4 = 36360

Add: Desired ending inventory of raw material = 20240

Total needs = 36360 + 20240 = 56600

Less: Beginning ending inventory of raw material = (14544)

Raw material purchase = 42056

6 0
3 years ago
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