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astraxan [27]
3 years ago
5

Jack Pickle decided to start a small business as a corporation. His initial investment was $4,000 cash in exchange for common st

ock. Demonstrate how to record this transaction in the accounting equation.
a. Decrease Cash by $4,000; decrease Common Stock by $4,000.
b. Increase Cash by $4,000; increase Revenues by $4,000.
c. Increase Cash by $4,000; decrease Common Stock by $4,000.
d. Increase Cash by $4,000; Increase Common Stock by $4,000.
Business
1 answer:
-Dominant- [34]3 years ago
3 0

Answer:

d. Increase Cash by $4,000; Increase Common Stock by $4,000.

Explanation:

The contribution definively increase cash as now the company has 4,000 avilable for use in the future operations.

Then, as the company issued common stock They are increasing as well. Before the contribution it had zero. now it has common stock for the value of 4,000 dollars

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Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 25 percent for the next three years, with the gro
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Answer:

The current share price is $82.85

Explanation:

D1 = (2.85*1.25)

    = 3.56

D2 = (3.56*1.25)

     = 4.45

D3 = (4.45*1.25)

     = 5.566

Value after year 3 = (D3*Growth rate)/(Required rate - Growth rate)

                              = (5.566*1.045)/(0.105 - 0.045)

                               = $96.95  

current price = Future dividend and value*Present value of discounting factor  

= 3.56/1.105 + 4.45/1.105^2 +5.566/1.105^3 + $96.95/1.105^3

= $82.85

Therefore, The current share price is $82.85

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3 years ago
Which of the following examples shows an effective way of dealing with the international element of OB? Group of answer choices
Inga [223]

Answer:

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Explanation:

3 0
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If a country produced nothing but 20 smartphones and 10 Blu-ray players in 2017, priced at $100 per smartphone and $200 per Blu-
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Answer:

$4,000

Explanation:

The computation of the GDP i.e gross domestic product is shown below:

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= $2,000 + $2,000

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We considered all the information that is mentioned in the question

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Answer:

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