Answer:
b. Cash 5,400 Debit
Common Stock 1,200 Credit
Paid-in Capital in Excess of Par 4,200 Credit
Explanation:
the cash proceeds will be for 5,400
common stock will increase for the face value:
600 shares x 2 = 1,200
the paid-in capital in excess of par value will be the difference:
5,400 - 1,200 = 4,200
Cash, which is an asset increase for mdebit side while the common stock and additional paid-in are equity accounts. They increase from the credit side.
Answer:
2.41%
Explanation:
The difference between the two firms' ROEs is shown below:-
Particulars Firm HD Firm LD
Assets $200 Debt ratio 50% Debt ratio 30%
EBIT $40 Interest rate 12% Interest rate 10%
Tax rate 35%
Debt $100 $60
Interest $12 $6
($100 × 12%) ($60 × 10%)
Taxable income $28 $36
($40- $12) ($40 - $6)
Net income $18.2 $22.1
$28 × (1 - 0.35) $36 × (1 - 0.35)
Equity $100 $140
($200 - $100) ($200 - $60)
ROE 18.2% 15.79%
($18.2 ÷ $100) ($22.1 ÷ $140)
Taxable income = EBIT - Interest
Net income = Income - Taxable income
Equity = Assets - Debt
ROE = Net income ÷ Equity
Difference in ROE = ROE Firm HD - ROE Firm LD
= 18.2% - 15.79%
= 2.41%
So, for computing the difference between the two firms' ROEs we simply deduct the ROE firm LD from ROE firm HD.
Answer:
Personal skills and qualities that employers look for in candidates for ... Overall, employers look for job candidates with strong personal skills because ... They are just as, if not more, important to employers, though you'll need a mix of both. ... two employees utilizing their information technology skills working on fixing a tech ...
Explanation:
The difference in humidity is what causes the clouds to form disperse and to rain down.
Explanation:
When there is more humidity it means that there are more water droplets in the air.
This means that these water droplets can join with small particles in the air and form clouds around themselves.
These clouds go up in the air and get cooled down and condense so they then become clouds but they also become heavy because they are cold.
Now that they are heavy they begin to come down and the difference of humidity down below makes it warmer and then the clouds fall with the rain and the process begins again.
Initially, the handrail would not be possible without the balusters. Balusters also fill in the spaces between the posts, making the railing safer by reducing the number of potential entry points for a person to fall over. Finally, balusters are an apparent way to give your railing some more flare in terms of both design and structure.
This is further explained below.
<h3>What are balusters?</h3>
Generally, Staircases, parapets, and other architectural elements often feature balusters, which are vertical molded shafts, squares, or lathe-turned forms. Its primary use is as a spindle in the assembly of furniture. Wood, stone, and metal or ceramic are typical building materials.
In conclusion, To start, the railing is held up by balusters. To further enhance safety, balusters fill up the spaces between the posts. Lastly, balusters are an apparent way to give your railing some more flare in terms of both design and structure.
Read more about balusters
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