Answer:
Dr Cr
Cash (15,000 × $15) $225,000
Common Stock $120,000
(15000 shares × Stated value $8)
Paid-In Capital in Excess of Stated $105,000
Value - Common
($225,000 - $120,000)
Answer:
Will the financial statements of a company always differ when different choices at the start of the accounting period are made regarding the denominator-level capacity concept?
A. No. It depends on how a company handles the production-volume variance in the end-of-period financial statements. For example, if the adjusted allocation-rate approach is used, each denominator-level capacity concept will give the same financial statement numbers at year-end.
Explanation:
Level capacity strategy
The organisation manufactures or produces at a constant rate of output ignoring any changes or fluctuations in customer demand levels. This often means stockpiling or higher holdings of inventory when customer demand levels fall
The answer should be $2.80 because $31.11 x 9% = $2.80
The correct answer would be feedforward control. It is a control type where the process flows in the direction from the input or the raw materials to the output or the products. It regulates the input ensuring that the product meets the requirements or the standard.
I guess the correct answer is 6.48%
If Curtis invested in the Initech, Inc. bonds, The after-tax rate of return from this investment is 6.48%.
Since, [(1 - 0.28) × (250,000 × .09)]/250,000 = .0648.
