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gulaghasi [49]
3 years ago
6

How would the issuance of common stock for cash affect the accounting​ equation?

Business
1 answer:
shepuryov [24]3 years ago
3 0

Answer:

Explanation:

The journal entry to record the given transaction is shown below:

Cash A/c Dr XXXXX

    To Common stock A/c XXXXX

(Being the issuance of the common stock is recorded)

The accounting equation is

Total Assets = Total liabilities + Stockholder equity

Cash Increased = No effect    + Increased

Therefore, the cash account and the common stock is increased.

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Dmitri recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from
Lelechka [254]

Answer:

B. FALSE

Explanation:

This economy is currently at its natural rate of unemployment because there is <u>no cyclical unemployment</u>

In macroeconomics, <u>full employment is the level of employment rates where there is no cyclical or deficient-demand unemployment. </u>

<u>The economy is considered to be at full employment when the actual unemployment rate is equal to the natural rate</u>.

Hence, it is false to allege that the economy in the given scenario is not currently at its natural rate of unemployment

7 0
3 years ago
You were recently hired by the Andrews CEO as a consultant to evaluate the performance of the Chief Financial Officer (CFO). As
Arte-miy333 [17]

The least effective step in this process would be to focus only on the CFO's job performance and not his inappropriate behavior in the workplace.

<h3 /><h3>What is the purpose of performance appraisal?</h3>

Analyze whether the performance of the employee's activities, skills and behaviors are in accordance with the organization's culture and values, establishing improvement measures when necessary.

Therefore, it is essential that the behavior of an employee is analyzed along with their technical competence, as the ethics established by employees are capable of impacting the culture in a positive or negative way.

Find out more about performance appraisal here:

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8 0
2 years ago
What conclusion can be drawn about an organization that does not conduct market research?
Wewaii [24]

Answer:

Sorry, but I cant tell you, you need to know

Explanation:

7 0
2 years ago
When you purchase shares of a company in the market, who are you buying those shares from?
leva [86]

Answer:

Investor

Explanation:

A stock is a speculation. At the point when you buy an organization's stock, you're buying a little bit of that organization, called an offer. Investors buy stocks in organizations they think will go up in esteem. On the off chance that that occurs, the organization's stock increments in esteem also.

Investor is a person who purchase shares of a company in the market.

3 0
3 years ago
Dejarnette Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hour
seropon [69]

Answer:

Predetermined manufacturing overhead rate= $8.3 per machine hour

Explanation:

Giving the following information:

Total machine-hours 80,000

Total fixed manufacturing overhead cost $416,000

Variable manufacturing overhead per machine-hour $ 3.10

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1

Predetermined manufacturing overhead rate= $8.3 per machine hour

8 0
4 years ago
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