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beks73 [17]
3 years ago
6

When common stock is issued by a corporation for a cash price above par value, the excess of the cash proceeds over the par valu

e should be reported in the financial statements as a component of: Select one: a. Retained earnings on the balance sheet b. Total liabilities on the balance sheet c. Operating income on the income statement d. Total contributed capital on the balance sheet
Business
1 answer:
shutvik [7]3 years ago
8 0

Answer: d. Total contributed capital on the balance sheet

Explanation:

When Common stock is issued this is known as a Paid-In Capital. If there is an excess over the par value, this will be an additional amount and so will be recorded in the Additional Paid-In Capital account.

This account is on the Equity side of the balance sheet and will form part of the capital contribution to the company because it was given to the company by shareholders.

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The Weston Candy Company is known for its inexpensive chocolates. To appeal to a more upscale market, it introduces a new line o
NARA [144]

Answer:

quality modification

Explanation:

In marketing, quality modifications refer to changes made on the product's characteristics to change its durability, perceive quality and dependability. Hopefully all quality modifications should be done to increase the product's quality, but they can also be done to offer cheaper versions also. Generally lower quality versions are made to appeal to broader markets.

In this case, the quality modifications are made to increase perceived quality and appeal not to a mass market, but instead to appeal to an upscale market.

8 0
3 years ago
Read 2 more answers
Determine which costing method​ (variable costing or absorption​ costing) accounts for fixed manufacturing costs as costs of the
solniwko [45]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Determine which costing method​ (variable costing or absorption​ costing) accounts for fixed manufacturing costs as costs of the​ period:

a. at the time of​ incurrence,

b. at the time the finished units to which the fixed overhead relates are sold.

Absorption costing allocated fixed manufacturing costs to the product. Therefore, the fixed costs go to the cost of goods sold.

4 0
4 years ago
Steven ballard has a strategic initiative for east carolina to be known as
zmey [24]
Steven Ballard has a strategic initiative for East Carolina to be known as the leadership university.

His teaching and research are focused on leadership in the public sector, research and the development and the innovation process. He is also known for his amazing ethics and relentless support for ECU.


6 0
4 years ago
Potter & Lopez Inc. just sold a bond with 50 warrants attached. The bonds have a 20-year maturity and an annual coupon of 12
AfilCa [17]

Answer:

$3.76

Explanation:

Calculation of the implied value of each warrant

First step is to find the straight-debt value

Straight-debt value:

N = 20

I/YR = 15

PMT = −120

FV = −1000

PV = $812.22

Using this formula

Total value = Straight-debt value + Warrant value

Where,

Total value =$1,000

Straight-debt value=$812.22

Warrant=50

Let plug in the formula

$1,000 = $812.22 + 50

Second step is to find the warrant value

Warrant value= ($1,000 −$812.22)/50

=$187.78/50

=$3.7556

Approximately $3.76

Therefore the implied value of each warrant will be $3.76

4 0
3 years ago
What are some of the advantages and disadvantages of choosing a federally insured account.? help​
Wewaii [24]

the advantages of the federally insured account is that

- it's generally safer because it's protected by the Insurance made by the federal government, In case the account is stolen, the government would return the amount,

- It's easier to make joint account if you're married.

The disadvantages is that:

- The interest of a federally insured account usually below the inflation rate. So technically the value of your account would reduced over time.

- it has a maximum amount of $ 250,000. You can put more to the account.

5 0
4 years ago
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