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Sergio039 [100]
3 years ago
13

A financial institution formed by a large organization for its members is a credit union.

Business
1 answer:
Masteriza [31]3 years ago
5 0
The answer would be A. True

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GE buys back 300,000 shares of its stock from investors at $45 a share. Two years later it reissues this stock for $65 a share.
neonofarm [45]

Answer:

The correct answer is Option A.

Explanation:

Treasury stocks are simply company's own stock repurchased by the company. When this happens, there is cash outflow in order to increase the stock.

When GE bought back 300,000 shares of its stock from investors at $45 a share, the value of the treasury stock was 300,000 shares x $45 = $13.5m. However, the stock was reissued for $65 a share, translating to 300,000 shares x $65 = $19.5m cash receipt.

The appropriate entries to raise would be a debit to cash for $19.5 million, a credit to Treasury Stock for $13.5 million, and a credit to Additional Paid-in Capital for $6 million.

4 0
3 years ago
What is the growth of the business of ben and jerry's ice cream
Butoxors [25]

Answer:

1978: With a $5 correspondence course in ice cream-making from Penn State and  a $12,000 investment ($4,000 of it borrowed), Ben and Jerry open their first  ice cream scoop shop in a renovated gas station in Burlington, Vermont.

1979: Ben and Jerry celebrate the shop's one-year anniversary – and the customers who made it possible – by holding the first-ever Free Cone Day: free scoops for all, all day long. The annual ice cream give-away continues today in scoop shops around the world.

1980: Ben and Jerry rent space in an old spool and bobbin mill on South Champlain Street in Burlington and begin packing their ice cream in pints. The reason? To distribute to grocery and Mom & Pop stores along the restaurant delivery routes Ben services out of the back of his old VW Squareback wagon.

1981: As the news of Ben & Jerry's spreads, more & more people want a lick. So the first franchised scoop shop opens in Shelburne, Vermont.

Ben & Jerry's ice cream is used to build "the world's largest ice cream sundae" in St. Albans, Vermont; the sundae weighs 27,102 pounds.

1984: Ben & Jerry's sets a precedent by discovering a little-known clause about stocks and brokering, then establishing a Vermont-only public stock offering to raise money for a new manufacturing plant.

1985: The Ben & Jerry's Foundation is established with a gift from Ben and Jerry & 7.5% of the company's annual pre-tax profits to fund community-oriented projects.

1986: Ben & Jerry's launches the Cowmobile, a modified mobile home used to distribute free scoops in a unique, cross-country "marketing drive." On the return trip, the Cowmobile burns to the ground outside of Cleveland, Ohio (no one was hurt). Ben said it looked "like the world's largest Baked Alaska."

1987: Ben & Jerry's introduces Cherry Garcia® ice cream. Named for Grateful Dead guitarist Jerry Garcia at the suggestion of two "DeadHeads" from Portland, Maine, Cherry Garcia® becomes the first ice cream named for a rock legend

1988: Ben and Jerry are named “U.S. Small Business Persons of the Year” by President Reagan in a White House Rose Garden ceremony. Jerry's one suit comes in handy and, luckily, Ben finds an Italian waiter's jacket to wear.

1989: Ben & Jerry's comes out against Recombinant Bovine Growth Hormone (rBGH), based on concern about its adverse economic impact on family farming and public confidence in the wholesomeness of dairy products.

Explanation:

(This is not written in my own words, since Brainly doesn't let you send /*nks I had to copy and paste this, also there is more but, Brainly also doesn't let you send more than 5000 words so)

5 0
3 years ago
Which menu area allows you to search for apps by the problem or business process they address?
Ilya [14]

The menu area that give room for searching for apps by the problem or business process they address is the Business processes.

Because searching the app, by the problem or business process they address  will require you to use the Business process menu.

<h3>What is menu area?</h3>

Menu area can be explained as the area that gives the list of the useful items on the apps.

Learn more about menu area at;

brainly.com/question/25605883

7 0
3 years ago
Gross domestic product is the monetary value of ______.
Agata [3.3K]

Answer:

GDP stands for "Gross Domestic Product" and represents the total monetary value of all final goods and services produced (and sold on the market) within a country during a period of time (typically 1 year). GDP is the most commonly used measure of economic activity.

Explanation:

3 0
3 years ago
A buyer uses a perpetual inventory system, and on December 7, it contacts its supplier to report that some of the merchandise pu
photoshop1234 [79]

Answer:

Journal

<em>Account Title</em>

Accounts Payable                            $400  (Debit)

Purchase return and allowances    $400 (Credit)

Account Payable

Dec 7   Cash               $400 (Debit)

Purchase Returned

Dec 7   Cash               $400 (Credit)

8 0
3 years ago
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