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vlabodo [156]
3 years ago
12

Politics, law, culture, and economy are all examples of ________ factors that can affect the ways in which companies produce and

sell their products in foreign markets.
Business
1 answer:
WARRIOR [948]3 years ago
3 0
Politics, law, culture, and economy are all examples of  social factors <span>that can affect the ways in which companies produce and sell their products in foreign markets.
Social factors is everything that could affect your life style. When your lifestyle change, your consumption pattern will also change and this will affect the products that will be sold in the market.</span>
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A person who ensures that people adhere to the definitions for the master data in their organizational units is called a(n) ____
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Ayayai Corporation is authorized to issue 46,000 shares of $5 par value common stock. During 2020, Ayayai took part in the follo
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Question:

Ayayai Corporation is authorized to issue 46,000 shares of $5 par value common stock. During 2020, Ayayai took part in the following selected transactions.

1. Issued 5,000 shares of stock at $49 per share, less costs related to the issuance of the stock totaling $5,400.

2. Issued 1,200 shares of stock for land appraised at $46,000. The stock was actively traded on a national stock exchange at approximately $50 per share on the date of issuance.

3. Purchased 480 shares of treasury stock at $44 per share. The treasury shares purchased were issued in 2016 at $41 per share.

(a) Prepare the journal entry to record item 1.

(b) Prepare the journal entry to record item 2.

(c) Prepare the journal entry to record item 3 using the cost method.

Answer:

a.

Cash = $239,600

Common Stock = $25,000

Paid in Capital = $214,000

b.

Land: = $60,000

Common Stock: = $6,000

Paid in Capital = $54,000

c.

Treasury Stock: $21,120

Cash: $21,500

Explanation:

a.

Cash

Cash is calculated as: 5,000 shares * $49 market price/share – $5,400 of issue costs]

Cash = $239,600

Common Stock

Common Stock is calculated as: 5,000 shares * $5 par value/share

Common Stock = $25,000

Paid-in Capital in Excess of Par - Common Stock

This is calculated by: Cash - Common Stock = $239,000 - $25,000

Paid in Capital = $214,000

b.

Land:

Land is calculated as 1,200 shares * $50 market price/share = $60,000

Common Stock:

Common Stock is calculated as: 1,200 shares * $5 par value/share = $6,000

Paid-in Capital in Excess of Par - Common Stock

This is calculated by: Land - Common Stock = $60,000 - $6,000

Paid in Capital = $54,000

c. Treasury Stock is calculated as:

480 stocks * $44 cost per share

= $21,120

Cash: $21,500

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Each member of a cartel faces a temptation to cheat on the agreement because lowering its price slightly below the established p
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Answer:

True

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