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2 years ago

The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. What is the par value of each share?

1 answer:

wel2 years ago

4 0

The right answer for the question that is being asked and shown above is that: "c. $500." The Waverly Brush Company issued 4,000 shares of common stock worth $200,000.00 total. The par value of each share is c. $500.

The right answer for the question that is being asked and shown above is that: "c. limited-payment." With limited-payment <span>insurance, the insured agrees to pay a specific premium each year until death.</span>

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A retail store had sales of $46,000 in April and $55,800 in May. The store employs eight full-time workers who work a 40-hour we

Rudiy27

Answer:

The percentage change in productivity (dollars output per labor hour) from April to May is 10.37%.

Explanation:

This can be calculated using the following 3 steps:

Step 1. Calculation of productivity in April

Sales in April = $46,000

Total full-time hours worked in April = 40 * 8 * 4 = 1,280

Total part-time hours worked in April = 9 * 6 * 4 = 216

Total hours worked in April = Total full-time hours worked in April + Total part-time hours worked in April = 1,496

Productivity in April = Sales in April / Total hours worked in April = $46,000 / 1,496 = $30.75 per hour

Step 2. Calculation of productivity in May

Sales in May = $55,800

Total full-time hours worked in May = 40 * 8 * 4 = 1,280

Total part-time hours worked in May = 13 * 7 * 4 = 364

Total hours worked in May = Total full-time hours worked in May + Total part-time hours worked in May = 1,644

Productivity in May = Sales in May / Total hours worked in May = $55,800 / 1,644 = $33.94 per hour

Step 3. Calculation of percentage change in productivity (dollars output per labor hour) from April to May

Percentage change in productivity = ((Productivity in May - Productivity in April) / Productivity in May) * 100 = (($33.94 - $30.75) / $30.75) * 100 = 10.37%

Therefore, the percentage change in productivity (dollars output per labor hour) from April to May is 10.37%.

4 0

2 years ago

On May 10, Keene Company sold merchandise for $4,000 and accepted the customer's Best Business Bank MasterCard. At the end of th

natta225 [31]

Answer:

Cash $3,848

Service Charge Expense ($4,000 ×3.8%) $152

To Sales Revenue $4,000

(Being the record of the sale of merchandise is recorded)

Explanation:

The journal entry is shown below:

Cash $3,848

Service Charge Expense ($4,000 ×3.8%) $152

To Sales Revenue $4,000

(Being the record of the sale of merchandise is recorded)

Since sale is made so we debited the cash it increased the assets plus there is service charge expense so the same is also debited as it increased the expenses and at the same time the merchandise is sold so it would be credited as it increased the revenue

8 0

3 years ago

Which of the following statements is true? Group of answer choices If current Real GDP is greater than Natural Real GDP, the eco

Archy [21]

Answer: Wages are flexible if the economy is self-regulating.

Explanation:

Classical economists believe that the economy is self-regulating. This means that if the economy is not at equilibrium, it will return to equilibrium if it is left without interference.

For this to happen, inputs such as wages have to flexible to enable them to adjust to market conditions and thus take the Economy back to equilibrium.

For instance, if there is a recession, wages will reduce so that the prices that the producers can charge will reduce as well which will enable supply to match demand and bring the economy back to equilibrium.

4 0

3 years ago

What is the name of the process for developing new businesses as an outgrowth of a company's established business operations?

natima [27]

A corporate venturing

7 0

3 years ago

A Bill of Material (BOM) in MRP is defined as:

Brums [2.3K]

Answer:

The correct answer is letter "B": A listing of components, their descriptions, and the quantities of each required to make one unit of a product.

Explanation:

A Bill of Material (BOM) in Materials Requirement Planning (MRP) relates the final product with the raw materials, assemblies, parts, and components necessary to manufacture a unit of that good. The BOM is a document that itemizes all the resources necessary to produce a good including at the top the product itself and a listing in hierarchical orders from components to individual materials.

Creating an accurate BOM helps to have all the material necessary for production available.

4 0

3 years ago