Answer:
The answer is: c
Explanation:
A domestic corporation is a company that conducts business in the state or country where the company was incorporated. A foreign corporation is a company that conducts business in a state or country other than the state or country where the company was incorporated. An alien corporation is a company that conducts business in any other country other than the country where the company was incorporated. Boeing was incorporated in Seattle, Washington but conducts business in Alabama which is a different state. In Alabama, Boeing is a foreign corporation but in Washington, it is a domestic corporation.
Answer: The accounts DEBITS are listed first then the accounts CREDITS would be listed next.
Explanation: In preparing a journal entry, the journal entry date is first stated. This is followed by all accounts DEBITS and the accounts CREDITS are listed next.
The sum of the debits on the journal entry must equate the total sum of the credits. This will help to balance the trial balance.
Toby should use his debit card. he should use his debit card because it’s only 15 dollars which is not an expensive amount. using his debit card would keep the payments he has to make on his credit card lower
Answer:
24 million shares ; $16 million
Explanation:
The computation of the weightage number of treasury shares are shown below:
Number of shares Price Total
2 $22 $44 million
1 $28 $28 million
Total 3 $72 million
So, the weighted average number of shares would be
= $72 ÷ 3 = 24 million shares
Now the journal entry would be
Cash A/c Dr $64 million (2 million treasury shares × $32)
To Paid in capital - share repurchase A/c $16 million
To Treasury stock $48 million (24 million treasury shares × $2)
(Being the treasury shares are sold)
Answer:
Product audit.
Explanation:
Product audit is defined as an evaluation of a finished product to see if it's use meets the intent or purpose of the product.
It involves a thorough check on the product to ensure it serves its purpose before it is release and supplied to the customer.
Product audit takes place after manufacturing is complete, if the product does not meet specified standards the auditor logs a non conformance. The products are usually repaired. If this is not possible the product is discarded.