The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as s<span>upplies Cash
Hope this helps!!</span>
Answer:
c. 120,000 shares
Explanation:
*Assumed purchase of treasury shares
$600,000
//
Note: The proceeds also must be increased (or decreased) by any tax benefits that would be added to (or deducted from) paid-in capital when the eventual tax deduction differs from the amount expense, the "excess tax benefit." Since that occurs when the stock price at vesting differs from the stock price at the grant date, the fact that the market price remained at $10 avoided that issue.
Answer:
13% did not experience problems with online transactions.
Explanation:
Giving the following information:
According to a recent Harris Interactive poll, 87% of people have experienced problems with an online transaction.
What percentage of people did not experience problems with an online transaction?
In this case, there are two options. You buy something online and everything went smooth or you have problems with the transactions.
So, if 87% have problems, that means that 13% didn't.
Answer:
Accounting loss of $5
Economic loss of $35
Explanation:
Accounting profit is the net of revenue and Explicit cost. Explicit costs are the cost which actually incurred or paid.
On the other hand the economic profit is the net of revenue, Explicit and Implicit costs. Implicit value is the opportunity costs of choosing the alternative.
Implicit cost = $30
Explicit cost = 90 + 115 = $205
Accounting Profit = Revenue - Explicit costs = $200 - $205 = ($5)
Economic Profit = Revenue - Explicit cost - Implicit cost = $200 - $205 - $30
Economic Profit = ($35)
