Answer:
There convincing indications in the questions that suggest that the requirement is to prepare journal to record the transactions.
Find all the journal entries in the explanation section below
Explanation:
The re-acquisition of 114 shares on July 1,2020, gave rise to the below journal
Dr treasury stock(114*$89) $10146
Cr Cash $10146
Being payment made for stocks reacquired
The issuance of 61 shares at the price of $94 each gave rise to the below journal:
Dr Cash $5734
Cr Treasury stock($89*61) $5429
Cr paid-in capital $305
Being receipt of cash on shares issued
The issuance of additional shares on November 1,2020,gave rise to below journal:
Dr Cash(53*$85) $4505
Dr Paid-in capital ($89-$85)*53 $212
Treasury stock $4717
Being receipt of cash on shares issued
Answer: Option B
Explanation: In simple words, multilateral world culture refers to the culture in which different communities are considered to be independent to follow their culture and norms.
In such a system , the world accepts and runs on different culture with other economic activities running on some different agenda. Recent trends have shown that world has been going toward this system as most of the Asian countries are now accepting the western culture and vice versa.
Answer:
Concept Development
Explanation:
The stages which a product cycles through during its lifespan are:
1. Concept Development,
2. Introduction,
3. Growth,
4. Maturity and
5. Decline.
The Product Concept Development stage is the <u>first part of the Product Life Cycle which involves developing the product concept,</u> building the product and testing the product.
Answer: APC before the increase in disposable income is 0.75.
Explanation:
Given that,
Disposable income = $200 billion
Consumption = $150 billion
Saving = $50 billion
Also given that,
Disposable income increases by $20 billion
consumption rises by $14 billion
Saving goes up by $6 billion
Average propensity to consume is calculated by dividing consumption by income level of an individual.
= 0.75
Therefore, APC before the increase in disposable income is 0.75.
The three-month guideline is generally recommended for those who are in salaried positions and have more secure employment. The six-month recommendation is for those who have less stable employment or earn variable incomes.