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ehidna [41]
3 years ago
15

Bridgeport Company had the following stockholders’ equity as of January 1, 2017.Common stock, $5 par value, 18,400 shares issued

$92,000Paid-in capital in excess of par—common stock 295,000Retained earnings 313,000Total stockholders’ equity $700,000Bridgeport repurchased 1,900 shares of treasury stock at a price of $18 per share.Mar. 1 810 shares of treasury stock repurchased above were reissued at $16 per share. Mar. 18 470 shares of treasury stock repurchased above were reissued at $14 per share. Apr. 22 550 shares of treasury stock repurchased above were reissued at $19 per share.Required:a. Prepare the journal entries to record the treasury stock transactions in 2017, assuming Swifty uses the cost method.b. Prepare the stockholders’ equity section as of April 30, 2017. Net income for the first 4 months of 2017 was $140,400.
Business
1 answer:
harkovskaia [24]3 years ago
4 0

Answer:

b

Explanation:

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In about 100 words, outline the advantages of using RFID technology instead of bar code scanning technology in managing the inve
STatiana [176]

Answer:

(1) RFID TAGS FROM A GREATER DISTANCE THAN BARCODE WHEN TAGGING INVENTORIES.

(2) RFID TAGS CAN BE READ AT A FARTHER DISTANCE THAN BARCODE.

(3) RFID TAG MUST NIT BE IN LINE WITH THE SCANNER FOR IT TO IDENTIFY AND READ INVENTORIES.

Explanation:RFID(RADIO FREQUENCY IDENTIFICATION) uses electromagnetic fields to track and identify by reading and capturing the information stored on a tag attached to an object. It is a generally accepted and has been widely used in variety of industries including Supply chain,Human resources, inventory management etc

(1) RFID TAGS FROM A GREATER DISTANCE THAN BARCODE WHEN TAGGING INVENTORIES.

(2) RFID TAGS CAN BE READ AT A FARTHER DISTANCE THAN BARCODE.

(3) RFID TAG MUST NOT BE IN LINE WITH THE SCANNER FOR IT TO IDENTIFY AND READ INVENTORIES.

7 0
3 years ago
Goods with many close substitutes tend to have a. more elastic demands. b. less elastic demands. c. price elasticities of demand
Aleksandr-060686 [28]

Answer:

The correct answer is (A)

Explanation:

Normally, goods which close substitutes tend to have more elastic demand as it is easier to switch from one brand to another because they are close substitutes. For example, if the price of Pepsi increases the consumers will easily shift towards Coca-Cola. So, close substitutes are price sensitive and they have high elastic demand compared to other goods.

4 0
3 years ago
Breakmorning Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste is 0.3 pound
Rasek [7]

Answer:

Total= $4.33

Explanation:

Giving the following information:

Breakmorning Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste is 0.3 pounds; the allowance for spoilage is 0.1 pounds. The purchase price is $4 per pound, but a 2% discount is always taken. Freight costs are $0.15 per pound and receiving and handling costs are $0.10 per pound.

Purchase price= 4*0.98= 3.92

Allowance for waste= (0.03*3.92)= 0.1176

Allowance for spoilage= (0.01*3.92)= 0.0392

Freight= 0.15

Receiving and handling= 0.10

Total= $4.33

4 0
2 years ago
Ashley opened an all-you-can-eat buffet restaurant. the price per-person was based on what ashley believed an average restaurant
Rudiy27
<span>In the insurance market, this is referred to as adverse selection. Adverse selection is simply just a situation where the seller has information that the buyer does not have about an aspect of the product or its quality, or vice versa. When it comes to insurance, adverse selection is the likelihood of those who preform dangerous jobs or are high risk to get life insurance.</span>
7 0
3 years ago
Read 2 more answers
Suppose that nominal GDP was $10000000.00 in 2005 in Orange County California. In 2015, nominal GDP was $12000000.00 in Orange C
amid [387]

Answer:

50%

Explanation:

Here is important to know that when we have the inflation rate (1,50% in this case) this indicator is enough to get the effect of the prices in an economy and get the nominal GDP affected by prices, so if the price level is 1,50% after the comma we have the average of the growth.

6 0
3 years ago
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