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3 years ago

Which of the following strategies is best to avoid groupthink

1 answer:

8 0

Be open minded to other people's ideas and hear everyone's opinion. If you want a successful group everyone needs to feel that they are able to share their opinions and ideas without being harshly criticized

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On January 1, Vermont Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had

harkovskaia [24]

The journal entry, to record the sale of the treasury shares on February 1, would include:

a) debit to a loss account for $112,500

b) credit to Treasury Stock for $90,000

c) credit to a gains account for $112,500

d) debit to Treasury Stock for $90,000

Answer:

Option D Debit to Treasury Stock for $90,000

Explanation:

The journal entry of repurchase of treasury stock is as under:

Dr Treasury Stock $90,000

Cr Cash $90,000

As the treasury stock has been purchased for cash, the cash has been decreased and the decrease in treasury stock is credit in nature. Hence the decrease in stock is shown as debit and decrease in cash is shown as credit.

The rate as which the stock is purchased is the price at which treasury stock will be debited = Treasury shares purchased × Fair Value per Share

= 3,750 shares × $24

= $90,000

5 0

3 years ago

Jacob gives stock (basis of $900,000 and fair market value of $2,200,000 to mandy. as a result of the transfer, jacob paid a gif

vodomira [7]

This question is incomplete and I've read and answered the complete question and its ask to determine Mandy's gain or loss if she later sells the stock for $2.3 million.

In definition, a fair market value is the selling price of the item of which buyer and seller can agree, with that, if Mandy sold it for 2.3 million, the possible profit of it would be $100,000

3 0

3 years ago

At ABC Services, Inc., all employees share a common set of beliefs and values that influence their behavior. This refers to orga

pogonyaev

Answer:

Organizational Culture

Explanation:

Organizational Culture -

It refers to the beliefs , expectation , values , experiences offered or required by an organisation , is referred to as organizational culture .

Having common customs , beliefs and working culture , makes the working life of the employees easy and convenient in the organisation .

Hence , a good and proper organizational culture is very important to have a good organization .

Hence , from the given scenario of the question ,

The correct answer is Organizational Culture .

7 0

3 years ago

Frank & Sons, a 100% equity financed firm, has a beta equal to 1.3. The firm’s stock is currently trading at $25 per share,

ch4aika [34]

Answer:

The required rate of return on the risky projects is 17.40%

Explanation:

The required rate of return on average risky projects of Frank and Sons can be computed using the cost of equity formula below:

Ke=Rf+beta*(Mr-Rf)

Rf is the risk rate of return on government security which is 7%

beta is the sensitivity of the project to market return is 1.3

Mr is the market expected return which is 15%

Ke=7%+1.3*(15%-7%)

Ke=7%+1.3*8%

Ke=7%+10.4%

Ke=17.40%

The required rate of return on the risky projects is 17.40%

5 0

3 years ago

All other variables held constant, investments paying simple interest have to pay significantly higher interest rates to earn th

Ksju [112]

Answer: True

Explanation: Hyderali230 is wrong according to Cengage Unlimited. He tries to explain that the principle you keep putting in makes compound interest not grow as quickly. However, It's all things being held equal, meaning, no other principal payments are being made.

6 0

4 years ago