Answer:
XX date. Acquisition of land in exchange for treasury stock.
Dr Land $1,550,000
Cr Treasury Stock $1,325,000
Cr Paid in Capital $225,000
Explanation:
Since the corporation uses the cost method, the transaction is recorded at purchase value regardless of current stock price.
treasury stock = 25,000 x $53 = $1,325,000
paid in capital = ($62 - $53) x 25,000 = $225,000
cost of the land = $1,325,000 + $225,000 = $1,550,000
Answer:
The correct answer is: $5,140.80.
Explanation:
Simple Interest is a quick method of calculating the interest charged on a loan or the interest accrued out of an investment. It is determined by multiplying the interest rate by the principal by the number of periods. It is one of the most common methods used in finance to calculate the return on certain investments.
In the example, the number of years considered to calculate the interest is 17 because the 18th year on interest is realized by the end of that year. Thus:
- Deposit per year: $140
- Interest per year: $140 x 12% = $16.80
- Interest accrued: $16,8 x 17 = $285.60
- Total savings: (Deposit per year x number of years) + interest accrued
- Total savings: ($140 x 18) + $285.60
- Total savings: $5,140.80
Answer:
The five most popular would be the...
Cubicle Office layout. This is the most popular and is basically a box with an opening.
Open Office layout. This is several rows of large desks. By definition, it is not very enclosed.
Co-Working Office layout. Less common, these are offices rented out to employees by third parties.
Team-Cluster Office layout. For teams working on something, this is a good way to go. One table where you can easily work together on things with each other as you go.
Hybrid Office layout. This one is a mix of a few others and customizable to a workplace's specific needs. Some of these don't even feel like offices!
Answer: Option (2)
Explanation:
Engagement letter is referred to as an or known as an agreement for the services firm in order to provide the services to the client. This letter is known to be essentially an abbreviated agreement which defines services that are to be performed and also amount of the compensation that is to be paid. These letters are mostly required by the service firms that are engaged in the audit, tax, consulting, finance and legal advice.
Answer:
D. online communities
Explanation:
-Social networks are sites where people can share information and communicate.
-Microblogs are a type of online blog that has short entries.
-Niche networks are networks that focus on a specific group of people.
-Online communities are groups of people that interact on the internet through forums, chat rooms to get information about specific topics.
According to this, these forums are an example of online communities.