The white apple used by apple in advertising and on its products is an example of a: <u>product bounding</u>
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Apple Inc. is an American multinational technology company specializing in consumer electronics, software and online services, headquartered in Cupertino, California, USA. Apple is the largest technology company by revenue (totaling $365.8 billion in 2021), and as of June 2022, will be the world's largest company by market capitalization, fourth largest PC vendor by unit sales, and the second largest. is a large mobile phone manufacturer. It is one of the big five American IT companies, along with Alphabet, Amazon, Meta and Microsoft.
Apple was founded as the AppleComputerCompany on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne to develop and market Wozniak's Apple I personal computer. Founded in 1977 by Jobsand Wozniak as Apple Computer, Inc., the company's next computer, the Apple II, became a bestseller.
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Answer:
Credit Treasury Stock $20,000
Explanation:
Treasury shares are those share which is bought back by the company. Treasury stock account is the contra equity account which is deducted from the equity value.
Journal Entry for Re-issuance of treasury stock
Dr. Cash ( 1,000 x $11 ) $11,000
Dr. Add-in capital Treasury stock $9,000
Cr. Treasury Stock ( 1,000 x $20 ) $20,000
Due to debit nature of treasury stock it is credit to reduce the balance of treasury stock.
Based on the amount earned and the monthly expenses, Eric should set aside <u>$16,200</u> for an emergency fund.
It is generally recommended that when settling cash aside for an emergency fund, the amount that one sets aside be 3 times their monthly expenses.
Eric's monthly expenses are $5,400 so the amount to be set aside should be:
= 5,400 x 3
= $16,200
In conclusion, Eric should set aside $16,200 for the emergency fund.
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Answer:
b. $87000
Explanation:
The book value is the value of an asset after deducting accumulated depreciation and fair value of an asset is the market-driven value of the asset which in most cases is the real value.
Accounting to IAS 16 (Property, plant and equipment) non-current assets should be recorded either the cost model or the revaluation model but since market-driven values are more relevant and reliable entities opt to record their assets at fair value . Secondly Fair Value Accounting requires entities to use market values as a basis for recording certain assets.
In this case the fair value of the asset is greater than the book value. Therefore, asset received by Carla Vista Co. is recorded at fair value (i.e at $87000).
Answer:
c. reduction strategy
Explanation:
Based on the situation being described within the question it can be said that Wayth is using a reduction strategy. This is a strategy used by companies who are struggling with sales and may or may not be losing money. With this strategy they reduce costs in many aspects of the business in order to try to increase profits and survive. Which is what Wayth is doing by closing the most under-performing facilities and laying off unessential staff.
