Answer: $126,000
Explanation: Shareholders equity can be defined as the total amount of investment done by the shareholders in the company. This investment can be done through various kinds of securities like common stock, preference shares.
As per this problem shareholder equity would be
= (no. of shares to be collected by warrant holders)*(price of each warrant)
and,
no. of shares to be collected = (1400 bonds) * (30 shares)
= 42,000 shares
.
therefore, equity :-
(42,000 shares) ( $3 ) = $126,000
Answer:
1: Handing out coupons at a store entrance
Explanation:
Personal selling is when a salesperson interacts with potential buyers face-to-face with the intent of selling to them. The salesperson engaged the customer aiming to convince them to buy a product. Personal selling is mostly applied to sales promotions.
The personal selling technique is sometimes called face-to-face selling. Its success largely depends on the salesperson's interpersonal skills.
Answer:
Cash 291000 Dr
Factoring fees expense 9000 Dr
Accounts Receivables 300000 Cr
Explanation:
The factoring charge or fess is an expense for Laurel Company for the service provided by Hardy factors. So, whenever factoring is done, the ffactoring fees expense account will be debited as expense will increase. Th cash received is 300000 * 0.97 = 291000
The factoring fees is 300000*0.03 = 9000
As a result all of the accounts receivables will be credited from the books.
Before you could train as a physician, you first had to become, a SCRIBE
Answer:
For the items listed below, indicate whether the item is an asset, liability, income statement or stockholders' equity item
1) Rent expense - Expense (Income statement)
2) Equipment - Asset
3) Account payable - Liability
4) Common stock - Stockholder's equity
5) Insurance Expense - Expense (Income statement)
6) Cash - Asset
7) Account receivable - Asset
8) Retained earnings - Stockholder's equity
9) Service revenue - Income (Income Statement)
10) Notes payable - Liability
Explanation:
Items in the financial statement can be classified as Income, Expense, Asset, Liability or Equity
