1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katrin2010 [14]
3 years ago
7

A corporation issues 2,000 shares of common stock for $32,000. The stock has a stated value of $12 per share. The journal entry

to record the stock issuance would include a credit to Common Stock for a.$32,000. b.$2,000. c.$12,000. d.$24,000.
Business
1 answer:
Triss [41]3 years ago
5 0

Answer:

d.$24,000

Explanation:

Given that

Issuance of common stock = $32,000

Number of shares = 2,000 shares

Stated value per share = $12 per share

By considering the above information

The common stock would be credited for

= Number of shares × Stated value per share

= 2,000 shares × $12 per share

= $24,000

Hence, the correct option is d. $24,000

You might be interested in
Elena is volunteering at a nonprofit organization. She notices that there doesn’t seem to be any network security at the office.
tiny-mole [99]

Network protection is vital to each domestic and enterprise network. Therefore, Whether it is a small organization or a big organization, Network Security is important.

<h3></h3><h3>What is the requirement for network security?</h3>

Many houses with high-velocity net connections have one or extra wi-fi routers, which may be used if now no longer nicely protected. A strong community protection machine allows lessening the chance of statistics loss, robbery, and vandalism.

hence, in this way, Elena can make her superiors realize the need for network security.

Learn more about Network security here:

brainly.com/question/26282951

#SPJ1

6 0
3 years ago
Rahul needs a loan and is speaking to several lending agencies about the interest rates they would charge and the terms they off
seraphim [82]

Answer: 6.17%

Explanation:

When calculating the effective rate of an interest rate being compounded over a number of periods in a year, use the following:

= [ (1 + Nominal rate / Number of periods in a year) ^ Number of periods in a year- 1] * 100%

Number of periods = Compounding is monthly = 12

Effective rate = [ (1 + 6% / 12)¹² - 1 ] * 100%

= 6.17%

6 0
3 years ago
An individual deposits an annual bonus into a savings account that pays 6% interest compounded annually. The size of the bonus i
Natasha_Volkova [10]

Answer:

Immediately after the fifth deposit the individual will have $54,950 in his account.

Explanation:

For each year you have to calculate the total savings that the indivual has in the account.

The first year, denoted by Y_{0}, the individual deposits $20,000 in his account. At the end of the year the interests are accrued on that principal, and the individual also deposits $5,000 more that will bear interests next year. So we have:

Y_{0}=$20,000

Y_{1}=$20,000*(1+0.06)+$5,000 = $26,200

And for each year we calculate the total savings accumulated, using the savings of the previous year as this period's principal:

Y_{2}=$26,200*(1+0.06)+$5,000 = $32,772

Y_{3}=$32,772*(1+0.06)+$5,000 = $39,738.32

Y_{4}=$39,738.32*(1+0.06)+$5,000 = $47,122.62

Y_{5}=$47,122.62*(1+0.06)+$5,000 = $54,949.98

Therefore the answer is $54,949.98.

In general the formula used for each period is the following:

P_{n} = P_{n-1}*(1+r)+D

Where:

P_{n} are the total savings for the current period,

P_{n-1} are the total savings from last period,

r is the interest rate,

D are the monthly deposits made into the savings account.

We further know that P_{0}=$20,000.

4 0
4 years ago
which of the following is not an example of an internal force for change? multiple choice employee dissatisfaction negative feed
OleMash [197]

A) Customers' unfavorable reviews are not an example of an internal force for change.

<h3><u>What does internal change force entail?</u></h3>

An organization may change because someone on the inside believes a new method of doing things will be advantageous or even vital, in addition to responding to or anticipating changes on the outside.

Change-related pressures within an organization are typically identified as signs that something needs to change. As follows, these internal forces are covered:

  • Personnel changes in management
  • decreasing efficiency
  • Changes in the Workplace
  • Inadequacies in the Current System
  • Crisis
  • Expectations for employees

Organizational change is necessary for light of all these influences. In addition to these factors, a business that recruits a group of young immigrants can encounter expectations that are very different from those of older employees.

Learn more about organizational change with the help of the given link:

brainly.com/question/28298012

#SPJ4

5 0
1 year ago
If a client chooses to pay premiums other than annually, what can he or she expect?
Semenov [28]

Answer:

More payment

Explanation:

In line with the time-value of money you pay more when you pay your premiums monthly because you pay an interest on the annual amount. There is always an interest charged for the administrative costs of processing your 12 monthly payments as opposed to 1 annual payment of the insurance premium

6 0
4 years ago
Other questions:
  • Why was 2007 considered the "Year of the Recall"?
    15·1 answer
  • In business markets, individuals or groups purchase products for one of three purposes. These purposes areA) resale, wholesale,
    14·1 answer
  • The income statement shows the difference between a firm's income and its costs--i.e., its profits--during a specified period of
    11·1 answer
  • Cuales son sus elementos de ciencia
    13·1 answer
  • TP1. <br> LO 4.1Can a company use both job order costing and process costing? Why or why not?
    11·1 answer
  • Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution
    10·1 answer
  • A. Define supply as an economist would. B. List and explain three (3) non-price factors that will shift the supply curve. C. If
    7·1 answer
  • If on November 26,2017, The Dow Jones industrial average closed at 12,743.40, which was down 237.44 that day. what was the retur
    12·1 answer
  • Select the correct answer. what aspect is factored into a credit score? a. account balances b. investment portfolios c. your cho
    10·2 answers
  • huey has eaten two hamburgers and is considering a third. the marginal benefit in his decision is the pleasure from consuming
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!