Answer:
1) I used an excel spreadsheet
2) a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $7,000 in cash along with equipment having a $3,000 value.
Dr Cash 7,000
Dr Equipment 3,000
Cr DeShawn Tyler, capital 10,000
b. On May 21, Elegant Lawns purchases office supplies on credit for $500.
Dr Office supplies 500
Cr Accounts payable 500
c. On May 25, Elegant Lawns receives $4,000 cash for performing landscaping services.
Dr Cash 4,000
Cr Landscaping Revenue 4,000
d. On May 30, Elegant Lawns receives $1,000 cash in advance of providing landscaping services to a customer.
Dr Cash 1,000
Cr Unearned Landscaping Revenue 1,000
3)
Cash (101)
debit credit
7,000
4,000
<u>1,000 </u>
12,000
Office Supplies (124)
debit credit
500
Equipment (167)
debit credit
3,000
Accounts Payable (201)
debit credit
500
Unearned Landscaping Revenue (236)
debit credit
1,000
D. Tyler, Capital (301)
debit credit
10,000
Landscaping Revenue (403)
debit credit
4,000
Answer: Proper decision making
Explanation: Information is key factor when a business manager needs to make proper decisions.
The manager needs to get all the available charts, analysis, projections about a particular business to be taken. Poor information would increase the likelihood of business failure.
Answer:
Time of consumption.
Explanation:
When evaluating the most effective communication method for a message, a manager wants to use a method that affords the receiver the most control over when the message is dealt with. This is referred to as <u>time of consumption.</u>
Time of consumption is referred to the time of receiving the message. As per the case given, manager is looking for communication method which is effective as in receiver should have most control on the message, when it is received or dealt with. When message is received, it should be ligible, ease of replying, trackable, short and should be relevant, which make it most effective communication.
The answer to your question is - Scarcity.
Answer and Explanation:
The given values are:
Debt obligation
= $36 million
Market value
= $81 million
Outstanding shares
= $10 million
(a)...
Net Assets of the firm will be:
= 
= $
Now, the current share price will be:
= 
= $
(b)...
Number of shares to be issued to repay debt obligation will be:
= 
= $
(c)...
The total number of outstanding shares will be:
= 
= $
Now,
The Current share price will be:
= 
= 
= $
