Answer:
Comet's E&P will decrease by $50,000 due to the exchange.
Explanation:
50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).
Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.
The answer is C because it’s decided by who owns the production.
Answer:
The correct answer is A. purchase inventory from vendors
Explanation:
The inventory is a detailed, orderly and valued relationship of the elements that make up the assets of a company or person at a given time. In the past, it was normal for inventories to be carried out by physical means (they were written on paper), but now they are usually kept in databases centrally to an entire company, even if there are companies or small stores that continue doing so with paper.
The inventory is:
-
detailed because the characteristics of each of the elements that make up the heritage are specified.
- ordered because it groups the assets in their corresponding accounts and the accounts in their assets.
- valued because the value of each asset is expressed in monetary units.
Answer:
opinion leaders
Explanation:
Since in the question it is mentioned that the Fitwear Inc i.e. a footwear of sporting products and apparel company also it established a new line of football cleats. In addition to this, they also believes that celebrities could influence the buying decision of the customers so here the football stars would be represent as an opinion leaders as they are considered as an individual that influence the people in general
Answer:
John has 7 dimes and 13 nickels
Explanation:
let N = nickels
let D = dimes
5N + 10D = 135
N = D + 6
5(D + 6) +10D = 135
5D + 30 + 10D = 135
15D = 135 - 30 = 105
D = 105 / 15 = 7
N = D + 6 = 7 + 6 = 13