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MrMuchimi
3 years ago
5

On February 22, Brett Corporation acquired 250 shares of its $3 par value common stock for $26 each. On March 15, the company re

sold 66 shares for $29 each. What is true of the entry for reselling the shares
Business
1 answer:
Alex3 years ago
5 0

Answer: Credit Additional Paid in Capital $198

Explanation:

Brett Corporation reissued the Treasury Stock at $29 which was $3 higher than the amount they had repurchased it for.

When stock is sold for a price higher or lower than they are worth, the balance goes to the Additional Paid-in Capital account. If it is sold higher, the balance is Credited to the Additional Paid-in Capital account and if it is sold for lower than it is worth, it is debited.

The Balance here is,

= $3 * 66 resold shares

= $198

This $198 will therefore be credited to the Additional Paid-in Capital account.

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At XYZ Corp., the master schedule reflects the fact that 50 percent of its output is product version A, 30 percent is version B,
Makovka662 [10]

Answer:

The weekly production for version A be 100 units

Explanation:

According to the given data we have the following:

The Total aggregate forecast for the year=10,400 units

Number of weeks per year=52 weeks

The weekly production=Total aggregate forecast for the year/ numer of weeks

The weekly production=104,00/52=200 units

Therefore, the weekly production for version A=50%of 200 units

The weekly production for version A=100 units

The weekly production for version A be 100 units

6 0
3 years ago
What is the present value of a cash flow that begins with $1,500 deposited at the end of year 1 and increases by $500 per year t
blsea [12.9K]

Answer:hahah

Explanation:u are so unsmart hahah lol

8 0
3 years ago
A project that provides annual cash flows of $16,800 for nine years costs $74,000 today. what is the npv for the project if the
ExtremeBDS [4]

Answer:

$30,947.92

Explanation:

The computation of the net present value is shown below:

= Present value of all yearly cash inflows after applying discount factor +  - initial investment  

where,  

The Initial investment is $74,000

All yearly cash flows would be

= Annual cost savings × PVIFA for 9 years at 8%  

= $16,800 × 6.2469

= $104,947.92

Refer to the PVIFA table

So, the net present value is

= $104,947.92 - $74,000

= $30,947.92

6 0
3 years ago
To increase the potential for a successful acquisition, a firm should: a. always bid low to allow for partial failure. b. try to
Annette [7]

Answer:

c. screen the foreign enterprise to be acquired.

Explanation:

Growth can occur in two fundamental ways :

  • through acquisition.
  • a company can either grow organically

During the period of acquisition , all the company has an opportunity to share the best practice .

And in this case , the company can have higher profit margins as soon as the inefficiencies are identifies and immediately removed .

8 0
3 years ago
It is generally believed that the correct cost for a well-run quality management program should be under what amount?.
allsm [11]

According to Philip Crosby, the correct cost for a well-managed quality management programme should be less than 2.5 percent.

<h3>What is quality management programme ?</h3>
  • A quality management programme that integrates all quality processes is easily capable of meeting FDA and ISO quality standards. This can be a boost to productivity because, with the right QMS software, it can almost manage itself.
  • Companies with this level of efficiency can produce more, faster, and at a lower cost.
  • Quality management encompasses all project management activities required to put a quality plan into action. The following are the fundamental components of an organization's approach to quality management: Quality system - the structures, procedures, and processes that are used to implement quality management.
  • By incorporating a quality assurance programme into your customer relationship management system, you can monitor your employees' performance and ensure that they adhere to the standards you have established. It allows you to know if you've set the right benchmarks and how to change them.

To learn more about quality management programme refer :

brainly.com/question/7498492

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6 0
1 year ago
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