1. One advantage of sole proprietorship is:

Using the following accounts and balances, prepare the Stockholders’ Equity section of the balance sheet. Refer to the lists of

uysha [10]

Answer:

Explanation:

Stockholder's Equity

Paid in Capital:

Common Stock $48,000,000

Paid in Capital in excess of Par - Common Stock $6,400,000

Paid in Capital from sale of Treasury Stock $4,500,000

[58,900,000]

Total Paid in Capital $58,900,000

Retained earnings $63,680,000

Total Paid in Capital & Retained Earnings $122,580,000

Deduct: Treasury Stock $5,200,000

Total Stockholder's Equity $117,380,000

7 0

3 years ago

According to PMI’s "Code of Ethics and Professional Conduct", project managers should exhibit all of the following behaviors EXC

Harrizon [31]

Answer:

The correct answer is letter "C": authority - exert economic and political power .

Explanation:

The Project Management Institute (PMI) establishes in its "Code of Ethics and Professional Conduct" that there are four milestones important to consider for every project manager: honesty, responsibility, respect, and fairness. According to the PMI, those values drive not only the ethical life in the managerial but the real world, where the best outcome is the most ethical.

In that sense, "authority" has nothing to do with the PMI's Code of Ethics.

5 0

3 years ago

Bothell Company uses a job order costing system that allocates estimated overhead as 40% of prime costs. What is the cost of a j

Juli2301 [7.4K]

Answer:

$10,080

Explanation:

The computation of the cost of the job is shown below:

We know that

prime cost = direct material + Direct labor

= $2,000 + $5,200

= $,7200

Now overhead is

= 40% of $7200

= $2,880

And,

Cost of job = direct material + Direct labor + overhead

= $2,000 + $5,200 + $2,880

= $10,080

4 0

3 years ago

Interorganizational systems are examples of _____. Select one: a. group information technologies b. private information technolo

vazorg [7]

Answer:

D

Explanation:

Enterprise information technology is a type of information system designed to improve organizations structured interactions among their own employees and also with external customers,suppliers, government agencies, and other business partners. Three examples of enterprise information technology are transaction processing, enterprise, and interorganizational systems

7 0

2 years ago

On January 1, Year 1, Manning Company granted 97,000 stock options to certain executives. The options are exercisable no sooner

umka21 [38]

Answer:

$77,600

Explanation:

Total value of compensation expenses:

= No. of options granted × Fair of value options

= 97,000 × $4

= $388,000

Compensation expenses should be recognized per year:

= Total value of compensation expenses ÷ Excercisable time

= $388,000 ÷ 3

= $129,333.33

Expenses recognized in year 1 = $129,333.33

Due to unexpected turnover 20% of the options are forfeited,

Annual compensation = $388,000 × 80%

= $310,400

Annual compensation in year 2:

= Accumulated compensation expenses in year 2 - Expenses recognized in year 1

= [$310,400 × (2/3)] - $129,333.33

= $206,933.33 - $129,333.33

= $77,600

4 0

3 years ago