Answer:
$8,000,000
Explanation:
Balance in the Common Stock account = Number of hare after split * Par value of share
Balance in the Common Stock account = 800,000 * 2 * $10/2
Balance in the Common Stock account = $8,000,000
So, the balance in the Common Stock account after share split will be $8,000,000.
Answer:
a.Cash is increased, and unearned rent is increased.
Explanation:
Since in the question, it is mentioned that QRT Co. received $1,560 advance from Zync Inc. for the building use.
We know that the cash is received which increases the cash balance but the service is not provided so it would become a liability and recorded as unearned rent.
The unearned rent is increased which show under the current liability side of the balance sheet
Hence, both cash and unearned rent is increased
The answer to the first unknown is "leadership" while in the second unknown in the problem is actually referring to "management". Hence, as per the Hewlett-packard, the critics say and came up with the statement that Fiorina's weakness as CEO is that she focused too much on leadership and not on management.
<span>Since real GDP goes up by 1% and price level goes up by 3%, nominal GDP must go up by 3%. This is because real GDP is measured based off a base year's prices, but nominal GDP is not encumbered by such a price basis. Since the price level goes up by 3% (and 3/1 is 3), then nominal GDP goes up by 3% as well since the real GDP level only goes up by 1%.</span>