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3 years ago

Assume Alpha reacquires share of their own Common Stock to hold in the Treasury. They pay $ 30.00 per share.

Business

1 answer:

Olin [163]3 years ago

7 0

Answer:

d. none/decrease

Explanation:

There is no impact in Total Paid-in Capital account because if the shares are repurchased and keeped in Treasury stock the entry is as follows:

Treasury Stock - DEBIT

Cash - CREDIT

The Treasury account it's reported on the balance sheet statement under the stockholder's equity section as a contra- equity accounts that means that the balance of this account decreases the total value of this section.

If the company decides to retire the share of the market, then it's necessary to deduct it of Common Stock and Paid in Capital account and the Treasury account will have zero balance in the balance sheet.

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What is negotiation? A. A discussion in which a sales person demonstrates features of a product B. A discussion in which people

GaryK [48]

A negotiation is a Discusion aimed at reaching an agreement. B.

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2 years ago

Campbell's soup offers a temporary price reduction to all grocery stores on the West Coast during the weeks of June 15th to July

insens350 [35]

Answer:

Off - invoice allowance

Explanation:

Off - invoice allowance

It is type of allowance that offer retailer to market quantities of item for a particular period of time. The main purpose of this bills is to cope up with competition and to advertise new product in the market.

It is a reduction in price made by manufacturer to retailer so to promote their product in a faster way.

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3 years ago

The following amounts were obtained from the accounting records of Enderle Company: 2016 2017 2018 Beginning inventory $38,900 (

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It’s C because all the numbers add up to be it and so it is and just saying don’t listen to this answer cause I guessed

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3 years ago

Greece can produce either 100 bushels of oranges or 20 bushels of tomatoes using all of its available resources, and Turkey can

lakkis [162]

Answer:

100 bushels of oranges

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

for Greece

opportunity cost of producing oranges = 20 / 100 = 0.2

opportunity cost of producing tomatoes = 100/ 20 = 5

For turkey

opportunity cost of producing oranges = 30 / 40 = 0.75

opportunity cost of producing tomatoes = 40 / 30 = 1.33

Greece has a comparative advantage in the production of oranges. If it specialises in the production of oranges, it would produce 100 bushels

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3 years ago

Hielta Oy, a Finnish company, processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp pro

bonufazy [111]

Answer:

the equivalent units of production for materials = 352,616 units,

the equivalent units of production for for labor and overhead (conversion) = 339,304 units

Explanation:

First Determine the physical units that were Completed and Transferred out

<em>Units Completed and Transferred = Units in Opening Work In Process + Units Started During the Year - Units in Closing Work In Process</em>

= 80,400 + 301,400 - 51,200

= 330,600

Calculation of Equivalent Units of Production for

1. Materials

Units Completed and Transferred ( 330,600 × 100%) = 330,600

Units in Closing Work In Process ( 51,200 × 43%) = 22,016

Total Equivalent Units of Production for Materials = 352,616

2. Labor and Overhead

Units Completed and Transferred ( 330,600 × 100%) = 330,600

Units in Closing Work In Process ( 51,200 × 17%) = 8,704

Total Equivalent Units of Production for Conversion = 339,304

3 0

3 years ago