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vfiekz [6]
3 years ago
15

RequiredIndicate the effect of each of the following transactions on (1) the current ratio, (2) working capital, (3) stockholder

s’ equity, (4) book value per share of common stock, and (5) retained earnings. Assume that the current ratio is greater than 1:1. (Indicate the effect of each transactions by selecting "+" for increase, "–" for decrease, and "NC" for no change.)a. Collected account receivable.b. Wrote off account receivable.c. Converted a short-term note payable to a long-term payable.d. Purchased inventory on account.e. Declared cash dividend.f. Sold merchandise on account at a profit.g. Issued stock dividend.h. Paid account payable.i. Sold building at a lossdo a +, -. or NC for each one.Current Ratioa.b.c.d.e.f.g.h.i.Working Capitala.b.c.d.e.f.g.h.i.Stockholders Equitya.b.c.d.e.f.g.h.i.Book Valuea.b.c.d.e.f.g.h.i.Retained Earningsa.b.c.d.e.f.g.h.i.

Business
1 answer:
notsponge [240]3 years ago
4 0

Find the given attachment

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Which of the following statements is true of pricing strategy? Avoid sale prices as they lead to price wars. An entrepreneur's f
yawa3891 [41]

Answer:

Most consumers decide on a product using price as the number one factor

Explanation:

Sale prices could make a market more competitive and it is also a pricing strategy.

If an entrepreneur set the price as high as s/he thinks s/he can it could take her/him out of competition in the market and it would leave her/him without profit.

Small business don't set their prices according to their business size but to the economic factor, because consumers first decide based on the economic factor because people can't buy what they can't afford.

8 0
3 years ago
At the local banking institution the branch manager doubles as the IT "go-to" by handling printer setups, resettingLAN passwords
andrezito [222]

Answer: d. The FTC’s Red Flags Rule

Explanation:

The Federal Trade Commission has a Red Flags Rules that requires that financial institutions like Banks should implement a program that is capable of flagging instances of suspicious activity that could point to identity theft in the covered accounts that it holds.

This bank's customers are seeing some suspicious activity in their checking accounts which could point to a case of identity theft. The Red Flags rule could therefore be the most relevant rule to the manager's discovery.

3 0
4 years ago
A lawnmower that normally sells for $350 is on sale for 25% off. How much
olya-2409 [2.1K]

Answer:

$262.50

Explanation:

Multiply $350 by 0.75 since it is 25% off and the remaining is 75% to get the answer of $262.50.

3 0
2 years ago
If businesses are producing at capacity, and the nation is experiencing almost full employment (a very low rate of unemployment
Ivanshal [37]

Answer:

The correct answer to the following question is D) interest rates would be increased  by the government when there is almost full employment in the economy.

Explanation:

When in the economy, business are producing close to productivity and in the nation there is almost full employment , then it can be said that the economy is booming . Which means there is good amount of money supply in the economy and people are spending robustly and that means the demand is high , which ultimately tells that the prices of goods and services are high.

So to cut the prices, government will increase the interest rate which will lead to the increase in cost of borrowing, and that will cause decrease in money supply and demand will ultimately fall, which leads to decrease in prices of goods and services.

3 0
3 years ago
oreal-American Corporation purchased several marketable securities during 2021. At December 31, 2021, the company had the invest
denpristay [2]

Answer:

1. Record the adjusted for Dec 31 2021

Dr Unrealized holding loss—OCI 26,000

Cr Fair value adjustment 26,000

2.

No amounts would be reported in the income statement at December 31, 2021 .

Amount $ 0

Explanation:

1.

Fair-value adjustment of $0 to ($26,000):

Fair Value Adjustment

Balance on 1/1/2021 $0

± Adjustment needed to update fair value?

Balance needed on 12/31/2021 ($21,000 − $47,000) = ($26,000)

Fair-Value Adjustment

1/1/2021 $0

Change needed $26,000

12/31/2021 $26,000

2.No amounts would be reported in the income statement at December 31, 2021 because the accumulated net holding gains and losses are reported as a component of shareholders' equity while changes in the balance are reported as other comprehensive income in the statement of comprehensive income rather than as part of earnings.

4 0
3 years ago
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