1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleks [24]
3 years ago
9

In order to encourage employee ownership of the company’s $1 par common shares, Washington Distribution permits any of its emplo

yees to buy shares directly from the company through payroll deduction. There are no brokerage fees and shares can be purchased at a 8% discount. During March, employees purchased 65,000 shares at a time when the market price of the shares on the New York Stock Exchange was $28 per share.Required:Prepare the appropriate journal entry to record the March purchases of shares under the employee share purchase plan. (If no entry is required for an event, select "No journal entry required" in the first account field.)

Business
1 answer:
Shtirlitz [24]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
Which of the following most accurately describes one of the powers of stock holdiers
Lunna [17]

Answer:

The powers of stockholders are to be given discounts on the company's products.

5 0
3 years ago
A scientific paper that has passed through the peer review process is more respected than one that has not. Why might a scientis
frez [133]

Answer:

B) The described experiment meets or exceeds the standards of good science.

Explanation:

When we say a scientific report that has been peer-reviewed, it means that it has been read and evaluated by other scientists. The peer-review process is meant to ensure the integrity and quality of the scientific publications. The peer reviewer should review the experimental design, the data and the analysis.

4 0
3 years ago
Read 2 more answers
Suppose a State of California bond will pay $1,000 eight years from now. If the going interest rate on these 8-year bonds is 5.5
aksik [14]

Answer:

The bond is worth $651.59 today

Explanation:

FV = $1000

N = 8

I/Y = 5.5%

Present Value = ?

PV = FV*(1+r)^(-n)

PV =  $1000 * (1 + 0.055)^-8

PV =  $1000 * (1.055)^-8

PV =  $1000 * 0.651599

PV = $651.59

5 0
3 years ago
The need for safety stock can be reduced by an operating strategy which: question 4 options: decreases ordering costs increases
BigorU [14]
The answer is decreases<span> lead time variability.
Safety stock refers to the amount of stocks that set aside by the company in order to prepare for stockouts.
If the company decrease lead time variability, it will give more time for company to prepare between orders and delivery, which will reduce the probability of safety stock usage.</span>
8 0
3 years ago
Rudolph overhears Macy's plans to go skydiving over spring break. Not really knowing Macy, but figuring it's worth a chance, Rud
borishaifa [10]

Answer:

False.

It wasn't stated if the life insurance covers risky hobbies/activities like skydiving

Explanation:

In this scenario Rudolph does not know Macy. Most likely they are not related for him to tender Macy's death certificate in fulfillment of the requirements for payment.

Delays to payouts may also arise if:

The insured party died during the course of illegal activity such as driving under the influence.

The insured party lied on the policy application.

The insured omitted health issues or risky hobbies/activities like skydiving.

5 0
3 years ago
Other questions:
  • A worker received a $10,000 bonus and decided to split it among three different accounts. He placed part in a savings account pa
    12·1 answer
  • Firms are likely to prefer selective distribution when intermediaries
    9·1 answer
  • GAME DESIGN HELP!!! WILL MARK BRAINLIEST
    7·1 answer
  • Bruce, a buyer, contracted with Steve, a seller, to buy ten dozen bicycle tires for $960. Payment was due thirty days after deli
    8·1 answer
  • Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
    9·2 answers
  • The common stock of Alpha Manufacturers has a beta of 1.18 and an actual expected return of 13.33 percent. The risk-free rate of
    11·1 answer
  • Which of the following best describes how to use a test-retest reliability estimate to assess reliability?
    7·1 answer
  • To determine if the bank's Web site is secure, look at the web site address.<br><br> True<br> False
    10·1 answer
  • Which of the following statements about government regulation of business is true?
    12·2 answers
  • A fire and emergency services organization's records management system may be used to?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!