Answer:
D. Decrease by $700,000.
Explanation:
The computation of the effect on the total stockholder equity is as follows
Given that
Number of shares is 20,000
Per share $35 recorded at a cost
Own shares at par is $20
As we know that if we purchased our own stock so it would be called as a treasury stock and the same is to be deducted from the shareholder equity as it is a contra equity account that reduce the equity balance
Now the effect would be
= 20,000 shares × $35
= $700,000
Hence, it is decreased by $700,000
Answer:
This question is incomplete, it misses the multiple choice options. The following are the options:
a. opportunity cost.
b. conversion cost.
c. sunk cost.
d. differential (incremental) cost
And the correct answer is the option B: conversion cost.
Explanation:
To begin with, a <em>''conversion cost''</em> is the name given in cost accounting to refer to the type of cost that includes the combination of direct labor costs and manufacturing overhead costs that are necessary in order to finish the final product whose goal is to be delivered to the client. That is why the wage costs of the additional drivers that will have to be hired for the long haul operations can be best described as a conversion cost due to the fact that the new direct labor costs will need to be included with the other manufacturing overhead costs in order to establish the new price of the product.
Answer:
Diversification
Explanation:
The key words here are 'several businesses'. A company engage in many businesses in order to mitigate or reduce its business risk, and also to create and add more value to customers. This offers a far advantage position than a stand alone entities who deal with only one product or service.
Answer:
Journal entries
Explanation:
The journal entry is shown below:
On September 1
Petty cash A/c Dr $280
To Cash A/c $280
(Being the establishment of petty cash is recorded)
For recording this journal entry we debited the petty cash and credited the cash so that the proper posting could be done
All other information i.e to be given is not relevant. Hence, ignored it
Answer: The quesion describes the stratified sampling.
Explanation: In this type of sampling design, the workers are divided in groups with a similar characteristic, so they are differenced by their sex, or gender, which are male and female. An equal sample size must be respect.