Answer:
Luney Corporation is authorized to sell 100000 shares
luney has issued = 70000 shares
luney has shares outstanding 63000
Explanation:
given data
maximum shares of common stock = 100,000
sold shares = 70,000
reacquired = 7,000
solution
we know here 100000 shares are mention in charter of the company
so Luney Corporation is authorized to sell 100000 shares
and luney has issued = 70000 shares
so here
we know that
luney has shares outstanding = 70000 - 7000
luney has shares outstanding 63000
In the dell case study, engineers working closely with marketing used lean software development strategies and numerous technologies to create a highly scalable, singular data mart.
<h3>What is Marketing?</h3>
This refers to the act of promoting a business or a good or service to the general public.
Hence, we can see that based on the Dell case study, there was the use of software development strategies to make and develop a highly scalable, singular data mart.
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It is important to review the credit card disclosure for information on APRs, Penalties, Grace periods, Minimum financing charges, Calculation methodologies, and Fees.
An explanation of all the fees, charges, interest rates, and conditions that a consumer can encounter when using the credit card is contained in a credit card disclosure. The legislation requires disclosure of this information by organizations that provide credit cards. The disclosures on credit cards offer clear information about costs and charges. They also encourage rivalry. To allow consumers to evaluate credit cards more effectively, it is legally necessary of all credit card companies to give the same price information. They can pick the one that better serves their tastes in terms of price.
The interest rate that a client will pay on outstanding balances is the most obvious example of a cost listed on a credit card disclosure. Basic elements like the monthly payment deadlines will also be covered in the disclosure.
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Answer:
The state of New York should offer bonds at 4.76% to make indifference to purchase their bonds than Surething Inc.
Explanation:
the corporation has to pay income taxes while the State of New York do not pay for income taxes thus his yield is after-tax.
Surething Inc after tax rate:
pre-tax x (1 - tax-rate) =6.8% x ( 1 - 30%) = 0.068 x (1-0.30) = 0.0476 = 4.76%
Currently the corporation bond yield a higher rate than the State of New york (4.76% against 4.10%)
Answer:
June 1 2020
No entry
September 1, 2020
Dr Cash $1,980
Dr Accounts receivable $300
Cr Sales revenue $1,730
Cr Unearned sales revenue $550
September 1, 2020
Dr Cost of goods sold $1,140
Cr Inventory $1,140
October 15 2020
Dr Cash $300
Dr Unearned service revenue $550
Cr Accounts receivable $300
Cr Service Revenue $550
Explanation:
Preparation of the journal entries for Geraths in 2020
June 1 2020
No entry
September 1, 2020
Dr Cash $1,980
Dr Accounts receivable $300
($1,730+$550+$1,980)
Cr Sales revenue $1,730
($1,980/$2,610*$2,280)
($1,980+$630=$2,610)
Cr Unearned sales revenue $550 ($630/$2,610*$2,280)
September 1, 2020
Dr Cost of goods sold $1,140
Cr Inventory $1,140
October 15 2020
Dr Cash $300
Dr Unearned service revenue $550
Cr Accounts receivable $300
Cr Service Revenue $550
