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Lubov Fominskaja [6]
3 years ago
13

When a company issue 27,000 shares of $5 per value common stock,the journal entry for this issuance would include:

Business
1 answer:
a_sh-v [17]3 years ago
6 0

Answer:

1. A debit to cash for $135,000

Explanation:

The complete entries are

1. A debit to cash for $135,000

2. A credit to common stock account for $135,000

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Fein Company provided the following information relating to cash payments:
BlackZzzverrR [31]

Answer:

Fein Company

Schedule of Cash Payments

For the Month of August 202x

Salaries expenses:

From July salaries                  $3,230

<u>From August salaries            $31,860</u>

Total salaries                        $35,090

Direct materials:

From July purchases             $61,600

<u>From August purchases        $14,600</u>

Total direct materials            $76,200

Overhead expenses:            $64,850

Debt payments:

Principal                                 $15,000

<u>Accrued interests                      $450</u>

Total debt payment              $15,450

Total cash payments           $191,590

6 0
3 years ago
A detailed description of the money your business makes and expends every month for the first year is called a(n) A cash-flow st
Oksana_A [137]

Hello there,

A detailed description of the money your business makes and expends every month for the first year is called a(n)

Answer: Cash-flow statement.

6 0
2 years ago
Shelton inc. has sales of $23.8 million; total equity of $31.3 million; and total debt of $16.7 million. if shelton's profit mar
tiny-mole [99]

Sales = $23.8 million

Total equity = $31.3 million

Total debt = $16.7 million

Profit margin = 8% = 0.08

Return of assets = ?

First we calculate the total assets:

Total assets = Total debt + Total equity

= $16.7 million + $31.3 million = $48 million

Now find net income by using this formula:

Profit margin = Net income / Sales

<span> Net income = Profit Margin × Sales  = 0.08 x 23,800,000 = $1,904,000 Now calculate Return of assets: Return on assets = Net income / Total assets  =$1,904,000 / 48,000,000 </span>

Return on assets = 3.967%

6 0
2 years ago
Identify the component of an information system that consists of raw facts and is a major component of information systems.
hammer [34]
The answer to this question is: Information
An information system is a set of command that i used to analyze available information in order to create a better decision for the company.
Which means that information will not be able to do any function of it does not possess the initial information, to begin with, so we can conclude that information is a major component of the information systems
6 0
3 years ago
A representative of the pear company explains that pears are typically stored in small, tightly sealed storage bins just after h
Alex17521 [72]

Workers at a company that grows and sells fresh pears have noticed that the pears seem to mature slowly at first, but then abruptly show extraordinarily quick ripening.

<h3>Explains that pears are typically stored in small, tightly sealed storage bins just after harvesting?</h3>

"Your pears are under positive feedback control," says Team A. Ethylene accelerates the ripening of fruit by causing both its own production in fruit and the creation of enzymes that catalyze the breaking of cell walls, claims Team B. Both scientific teams presented claims that aid in explaining the acceleration of pear ripening in storage that has been noticed. Because of increased ethylene levels, which indicate increased cell-wall breaking as part of the ripening process, the pears are beginning to ripen.  Since there isn't much ethylene at first, ripening starts out slowly, but as time goes on, more and more ethylene is produced thanks to positive feedback regulation.

  • Employees of a business that grows and sells fresh pears have observed that the pears initially appear to mature slowly before suddenly showing an abnormally rapid ripening. This has the company concerned. Officials from the company, perplexed, ask two separate science teams to investigate the issue.
  • This implies that ethylene concentrations increase very quickly, which causes ripening to increase similarly quickly.
  • The pear company's representative says that soon after harvesting, pears are normally kept in little, tightly closed storage bins. He inquires as to whether the ripening procedure would alter if the same quantity of pears were kept in a space that was larger and had better ventilation.

Learn more about storage bins and harvesting here:

brainly.com/question/15077209

brainly.com/question/20898609

#SPJ4

5 0
2 years ago
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