Answer:
Journalize the transactions is given below
Explanation:
given data
Issued = 66,500 shares
cash = $6 per share
Issued = 41,500 shares
cash = $8 per share
solution
we get here Journalize the transactions
and we assuming that the common stock has a par value of $6 per share
so
Jan. 10 cash is 66,500 × 6 = 399000
and cash for July 1 is = 41,500 × 8 = 332000
and common stock = 41,500 × 6 = 249000
paid in capital excess = 332000 - 249000 = 83000
Date Account Titles Debit Credit
Jan. 10 cash 399000
common stock 399000
July 1 cash 332000
common stock 249000
paid in capital excess 83000
Answer:
the amount that she have to donate is $166,666.70
Explanation:
The computation of the amount that she have to donate is shown below:
Donation amount is
= Annual scholarship ÷ (interest rate - inflation rate)
= $2,500 ÷ (5.5% - 4.0%)
= $2,500 ÷ 1.5%
= $166,666.70
hence, the amount that she have to donate is $166,666.70
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: Orientation to internal, unique self
Explanation: In simple words, orientation refers to the process of determining the position of one self or the others with respect to a particular situation.
In the given case, Joey has to make a decision that impacts his personal life and he has to make it himself. Therefore, the confusion he is having about the decision depicts that he is at the stage of internal orientation.
Answer:
Abe = $17.5
Bae = $57.5
Explanation:
Abe's principle = $5,000
Bea's principle = $ 20,000
Abe individual investment yield at 0.41% = (5010-5000) = $10
Bae's individual investment yield at ) 0.50%= (20000-20050) $50
Combined investment yield at 6 % = (25,075 - (20,000+5000) = $75
Extra interest yield = (75-(50+10) = $15
The extra interest yield of $15 should be shared equally among Abe and Bae as a result of joint effort
= 15/2 - $7.5
Therefore , the $75 interest is shared as below
Abe = $10 (interest on individual principle)+$7.5 = $17.5
Bae = $50 (interest on individual principle)+$7.5 = $57.5
Answer:
the book value of the shareholder equity is $53,413
Explanation:
The computation of the book value of the shareholder equity is shown below;
Book value of shareholders equity is
= Book value of mailing + net working capital - Long term debt
= $25,955 + $92,535 $65,077
= $53,413
Hence, the book value of the shareholder equity is $53,413
