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3 years ago

A frozen foods company changes an ingredient to meet a new government standard. This is an example of

Business

2 answers:

wolverine [178]3 years ago

5 0

Following a federal regulation

Afina-wow [57]3 years ago

3 0

The answer would be:

O following a federal regulation.

It’s not lowering prices, because there’s no mention of prices in the question, and it wouldn’t be creating a new product if it’s altering a single ingredient. It although it could possibly reduce risk for consumers, the question doesn’t directly say anything about that, so the answer would have to be the top one.

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Diane's Designs has two classes of stock authorized: 9%, $10 par value preferred and $1 par value common. The following transact

Bezzdna [24]

Answer and Explanation:

The Journal entries are shown below:-

1. Cash Dr, $3,000,000 (200,000 × $15)

To Common stock $200,000 (200,000 × $1)

To Paid in capital in excess of par - Common stock $2,800,000

(Being issuance of common stock is recorded)

Here we debited the cash as it increased the current assets and we credited the common stock and paid in capital in excess of par - common stock as it also increased the stockholder equity

2. Cash Dr, 11,700 (900 × $13)

To Preferred stock $10,000 (900 × $10)

To Paid in capital in excess of par - Preferred stock $1,700

(Being issuance of the preferred stock is recorded)

Here we debited the cash as it increased the current assets and we credited the preferred stock and paid in capital in excess of par - Preferred stock as it also increased the stockholder equity

3. Treasury stock Dr, $168,000 (12,000 × $14)

To Cash $168,000

(Being cash paid is recorded)

Here we debited the treasury stock as it increased the treasury stock and we credited the cash as it reduced the current assets

4. Cash Dr, 120,000 (5,000 × $24)

To Treasury stock $70,000 (5,000 × $14)

To Paid in capital in excess of par - Treasury stock $50,000

(Being issuance of the treasury stock is recorded)

Here we debited the cash as it increased the current assets and we credited the treasury stock and paid in capital in excess of par - Treasury stock as it reduced the treasury stock

6 0

3 years ago

A bank agreed to lend a merchant $10,000 for one year at 8% interest. The loan proceeds were to be disbursed within two weeks. T

anzhelika [568]

Answer: C. The difference in cost over time between a loan at 10% and a loan at 8%.

Explanation:

The first bank cannot be held liable for damages relating to the loss of the opportunity to buy the carpets because they were not informed of it and so could not have made a decision based on it.

Another thing they cannot be held liable for is the merchant's inability to get another loan in time because it is assumed that there are other banks that the merchant could have gone to. What they can be held liable for however, is the difference in the types of loans.

The merchant had to get a loan with a higher interest rate because they couldn't honor their agreement so they will pay the difference in interest between their loan and the one the merchant was able to get.

6 0

3 years ago

On December 1, 2010, Lester Company issued at 103, two hundred of its 9%, $1,000 bonds. Attached to each bond was one detachable

Luden [163]

Answer:

B) $195,700.

Explanation:

issued at 103 of 1,000:

200 bonds x $ 1,000 x 103/100 = 206,000

Nopw we solve lie this was an acquisition under lump sum, we have to weight each concept market value and apply it agaisnt the actual proceeds:

$\left[\begin{array}{cccc}Item&Value&Weight&Allocated\\$Bonds&190000&0.95&195700\\$Warrants&10000&0.05&10300\\&&&\\$Total&200000&1&206000\\\end{array}\right]$

190,000 / 200,000 = 0.95

10,000 / 200,000 = 0.05

Then we multiply this by the 206,000 proceeds.

6 0

3 years ago

Use the following scenario and data for all questions During lunch time, customers arrive at a postal office at a rate of per ho

ch4aika [34]

Answer:

Check the explanation

Explanation:

The assumptions in single-server queue theory include: -

Unlimited calling population may enter the queue
Arrivals occur randomly and are not dependent but average number of arrival does not change.
Single waiting line and arriving customers are patient customers who can wait in the queue before they can be served regardless of the length of the line.
Arrivals are serviced on a first come first served basis
Service time of one customer may vary from that of another customer.

Kindly check the attached images below to see the step by step explanation to the question above

8 0

3 years ago

Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent case

muminat

Answer: a.19.59% b.15.11%.

Explanation:

Average tax rate is given as the total tax paid divided by total taxable income which is expressed as a percentage and must be less than the marginal tax rate.

Chandler is single and reports

taxable income of $132,200.

Tax liability: 25,903

Marginal rate: 24 %

Average rate: 17.94 x % = wrong

Average rate = total liable tax/ total income= 25, 903/ 132,200=0.195937 rounded to 0.1959

0.1959 x 100 = 19.59%.correct

b. Lazare, a head of household, records

taxable income of $80,600.

Tax liability: 12,176

Marginal rate: 22 %

Average rate: 12.30 X %= wrong

Average rate = total liable tax/ total income= 12,176/ 80,600= .0.15106= 0.1511

0.1511 x 100 = 15.11%.correct.

4 0

3 years ago