Answer:
Credit Treasury Stock $20,000
Explanation:
Treasury shares are those share which is bought back by the company. Treasury stock account is the contra equity account which is deducted from the equity value.
Journal Entry for Re-issuance of treasury stock
Dr. Cash ( 1,000 x $11 ) $11,000
Dr. Add-in capital Treasury stock $9,000
Cr. Treasury Stock ( 1,000 x $20 ) $20,000
Due to debit nature of treasury stock it is credit to reduce the balance of treasury stock.
Answer:
1. 2,584
Explanation:
future payments: $1,000 in 1 year and $2,000 in 3 years
the present value of alternative I (one year bond):
$1,000 / 1.06 = $943.40
the present value of alternative II (first 2 years and then 1 year):
$2,000 / 1.065 = $1,877.93 ⇒ PV at year 2
PV at year 0 = $1,877.93 / 1.07² = $1,640.26
the total present value of both options = $943.40 + $1,640.26 = $2,583.66 ≈ $2,584
Answer:
ezine.
Explanation:
This description refers to an ezine, which is an electronic magazine that is periodically made available on the internet, often free of charge, whose content addresses a certain topic.
Its characteristics include publishing and dissemination online, usually through websites, and can address several different subjects, such as computers, music and may even have a subject dedicated to commercial businesses, such as advertising ezines.
The property insurance is a general insurance on building which provides the basic coverage for loss or damage resulting from peril including Fire, Lighting and Explosion of domestic gas.
When government subsidized the property insurance, the premium payable by the Insured will reduce or will be zero because the government have chosen the bear the responsibility of paying premium on behalf of the Citizen.
This action of the government may make the insured more unnecessarily relaxed because they did not pay the full premium of the Property insurance themselves.
So therefore, the first option is correct that without government subsidized property insurance, people are more likely to be cognizant of the risks of building and living in fire-prone or flood-prone areas because their insurance costs will be higher.
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Answer: Simple structure
Explanation:
Simple structure is a basic form of organizational design structure that has little work specialization, low departmentalization, wide spans of control and a centralized authority.
The centralized authority is usually the owner who has most of the power in the business and there are little formalization that govern the operation of the business. Example can be found in a local shoe business with few workers.
