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Anon25 [30]
4 years ago
14

Treasury stock that was purchased for $2,500 is sold for $3,000. As a result of these two transactions combined, a.income will b

e increased by $500. b.stockholders' equity will be increased by $3,000. c.stockholders' equity will be increased by $500. d.stockholders' equity will not change, because the amount of authorized stock has not changed.
Business
1 answer:
Fantom [35]4 years ago
4 0

Answer:

The stockholder's equity will be increased by $500

Explanation:

While stockholders equity is the amount of assets available to shareholders after all liabilities have been settled , treasury stock is the stock that is bought back by the issuing organisation with the aim of reducing the number of outstanding stock in the open market.

Looking at the scenario given , it was an indirect way of raising fund and increasing the equity of the stockholders equity as the treasury stock was later resold at a higher price.

Therefore , the stockholder's equity increases by 3,000- 2500 = 500

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It is helpful to list requirements and supporting information in a requirements traceability matrix. When requirements are compl
djverab [1.8K]

Answer:

The correct option is B

Explanation:

It is of great importance for the requirements and supporting information in a requirements traceability matrix to be listed. Upon fulfilling all requirements, there are certain criteria that must be met. The requirements must be prioritized, measurable, and must be identified with a stakeholder who has need for it. Thus, the only option that is not a requirement is that it is to be assigned to a requirement owner.

5 0
3 years ago
The sales budget for Modesto Corp. shows that 21,900 units of Product A and 23,900 units of Product B are going to be sold for p
rewona [7]

Answer:

22,290 units

Explanation:

Product A sales (S) = 21,900 units

Product A selling price = $11.90

Product A beggining inventory (I)= 3,900

Product A ending inventory (E) = 3,900 x 1.10 = 4,290

Budgeted purchases of product A must account for all of the projected sales and the desired ending inventory, assuming that the company already has a beginning inventory at hand. Budgeted Purchases of product A are given by:

B = S+E-I\\B= 21,900+4,290-3,900\\B= 22,290\ units

6 0
3 years ago
What are the dimensions of situational control identified by Fiedler's contingency leadership model? (Check all that apply.)
Kipish [7]

There are ways to control different situations. The dimensions of situational control Fiedler's contingency theory are leader-member relations, task structure, and position power.

Fiedler's is popularly known for his contingency theory. This theory helps to understand why managers can behave so differently.

The contingency theory states that there no one single leadership style often works for all employees.

He stated also that there are situational-contingent elements that influences a leader's ability to lead.

Learn more about Fiedler's contingency theory from

brainly.com/question/14615424

6 0
3 years ago
The price of a bond is equal to the sum of the present values of its future payments. Suppose a certain bond pays $50 one year f
Studentka2010 [4]

Answer:

The correct answer is $1,000.

Explanation:

According to the scenario, the given data are as follows:

For one year

Bond pay (p) = $50

Time period (t)= 1 year

Interest rate (r) = 5%.

So, Price of bond for 1st year = p ( 1 + r)^-t

By putting the value, we get

Price of bond for 1st year = $50 ( 1 + 0.05)^-1 = $47.62

For Second year

Bond pay (p) = $1,050

Time period (t)= 2 year

Interest rate (r) = 5%.

So, Price of bond for 2nd year = p ( 1 + r)^-t

By putting the value, we get

Price of bond for 2nd year = $1,050 ( 1 + 0.05)^-2 = $952.38

So, Total price of the bond = Price of bond for 1st year + Price of bond for 2nd year

= $47.62 + $952.38

= $1,000

7 0
4 years ago
On June 1, 2022, Crane Company was started with an initial investment in the company of $21,725 cash. Here are the assets, liabi
Sav [38]

Answer:

The preparation is shown below:

Explanation:

The preparation of the month of June income statement for Crane Company is shown below:

                                        Crane company

                                      Income statement  

Revenue  

Service revenue $7,900

Total revenues $7,900 (A)

Less: Expenses

Supplies expense $1,155

Maintenance and repairs expense $690

Advertising expense $400

Utilities expense $210

Salaries and wages expense $1,100

Total revenues $3,555 (B)

Net income $4,345 (A- B)

And, the preparation of the retained earning statement is presented below

                                            Crane company

                                    Retained Earning statement

                                           For the month of June

Beginning balance of retained earning $0

Add: Net income $4,345

Less: Cash Dividend paid -$1,738

Ending balance of retained earning $2,607

7 0
4 years ago
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