Answer:
DR - Interest expense - $4,400
Explanation:
DR - Interest expense - $4,400
DR - Notes payable - $10,808
CR - Bank/Cash - $15,208
Answer: D. The company reissues the treasury stock it holds.
Explanation:
Earnings per share is calculated by dividing the Net Income by the weighted average number of shares that a company has outstanding. If the company reissues treasury stock, this would increase the number of average stock outstanding thereby increasing the denominator of the EPS equation which would have the effect of reducing the Earnings per share.
For instance, if a company had net income of $50 and common equity outstanding of $40, the EPS would be;
= 50/40
= $1.25
If the company reissues treasury stock of $30, the EPS would change to;
= 50/ (40 +30)
= $0.71
Answer:
1. General journal entries to record each transaction.
Jan. 1 Dr. Cr
Cash $103,000
Common Stock $103,000
Jan. 2 Dr. Cr
Inventory $38,000
Account Payable $38,000
Jan. 4 Dr. Cr
Prepaid Insurance $2,760
Cash $2,760
Jan. 10 Dr. Cr
Account Receivable $12,300
Sale $12,300
Cost of Goods Sold $7,300
Inventory $7,300
Jan. 15 Dr. Cr
Cash $33,000
Note Payable $33,000
Jan. 20 Dr. Cr
Salary Expense $33,000
Cash $33,000
Jan. 22 Dr. Cr
Cash $10,300
Sale $10,300
Cost of Goods Sold $6,300
Inventory $6,300
Jan. 24 Dr. Cr
Account Payable $15,300
Cash $15,300
Jan. 26 Dr. Cr
Cash $6,150
Account Receivable $6,150
Jan. 28 Dr. Cr
Utility Expense $1,000
Cash $1,000
Jan. 30 Dr. Cr
Rent Expense $2,150
Prepaid Rent $2,150
Cash $4,300
2.
MS Excel File is attached for T accounts Posting in Worksheet Named as " T Account". Please Find that.
3.
MS Excel File is attached for unadjusted trial balance in Worksheet Named as " Trial Balance". Please Find that.
This question is about the sales strategy for online selling portal Amazon.
An Amazon seller is identifying strategy to revive its declining sales. The seller wants to maximize its revenue by adopting optimum product mix for next quarter.
The maximum profit can be calculated using the following :
maxProfit (k , profit): n = len(profit) rotate = n // 2
windowSum = float('-inf') iterator = 0
Conclusion: The products which are showing positive trend in the market should be placed visible for the next quarter. The products products profit is estimated to be equal to cost to invest which the price of product plus its launching expense.
Formula: The maximum profit a seller can achieve through this strategy is (k , profit):
n = len(profit) rotate.
Learn more Business at brainly.com/question/26144002
Answer:
Stewart will probably have to accept a higher level of risk
.
Explanation:
Hence, a large-risk investment is one in which the risks of failure, or of losing some or all of the asset, are greater than the average.
- These opportunities often offer investors the ability for greater returns in exchange for embracing the degree of risk associated with that.
- In saving account he gets 3% rate of return but also gets a lower rate of risk and does not earn much.
If he invests his money in higher-risk fields like shares, he may get a higher profit.
