Amazon's start of rapid delivery services in some U.S. cities is an example of which type of strategy?

Novak Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year

GenaCL600 [577]

Answer:

Feb 1=> Cash ( debit) = 2,444,000.

Prefered stock (credit) = 2,350,000.

Paid in capital in excess of par value-preferred stock(credit) = 94000.

July 1=> Cash (debit) = 3,500,000.

Prefered stock (credit) = 3,125,000.

Paid in capital in excess of par value-preferred stock(credit) = 375000.

Explanation:

(A). On FEB. 1, the accounts and Explanation is given below:

Cash ( debit) = 2,444,000 {that is from; 47,000 × $52}.

Prefered stock (credit) = 2,350,000 { that is from; 47,000 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 2,444,000 - 2,350,000 = 94,000.

(B). On JULY 1, the accounts and Explanation is given below;

"July 1 Issued 62,500 shares for cash at $56 per share."

=> Cash (debit) = 62500 × 56 = 3,500,000.

Prefered stock (credit) = 3,125,000 { that is from; 62,500 × $50}.

Paid in capital in excess of par value-preferred stock(credit) = 3,500,000 - 3,125,000 = 375,000.

7 0

3 years ago

Read 2 more answers

At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a nine-year operating lease agre

ziro4ka [17]

Answer:

a.Lakeside's earnings will reduce by $156,000

b. Lakeside's earnings will increase by $20,000.

Explanation:

The rental fee payment per quarter =$39,000.

The rental fee payment per year = $39,000 x 4 = $156,000

In this case, none of the classification criteria of a capital lease is met. Hence, the lease will be recorded as an operating lease and all the four quarterly payments will be recorded as rent expense by LLT. This will reduce LTT's earnings by $156,000.

Lakeside will record all the payments received from LTT as rent revenue since it is an operating lease. Also, because Lakeside is the owner of the asset, she will record depreciation on the asset too.

Thus,

Increase in lakeside's earnings = Rent revenue - Depreciation expense.

Rent revenue = $156,000

Depreciation expense = $3,400,000 / 25 = $136,000

Thus,

Lakeside's earnings will increase by $20,000 (that is , $156,000 - $136,000).

4 0

3 years ago

When cities prevent landlords from charging market rents, which of the following are common long-run outcomes? Check all that ap

Thepotemich [5.8K]

Answer:

a. The quality of rental housing units falls

c. The quantity of available rental housing units falls.

Explanation:

As the landlord cannot receive a desired return for their investment they will stop improving and doing proper maintenance of the property to obtain it.

They will also be less likely to rent and would prefer to sale and move away from the real-state investment business in the region to more profitable region or better business. This will make the ernt go up as there is less offer as well so the policy backfires.

Stoping the market to work property will cause market failures and the outcome won't be the desired

7 0

3 years ago

The B-52 is an aircraft used by the U.S. military in armed conflict. Based on this information, what kind of good is a B-52 airc

ycow [4]

B. because it is only used by the military and not the public

5 0

3 years ago

Proposed by Richard Hackman and Greg Oldham, _________ states that work has five core dimensions that impact employee satisfacti

jok3333 [9.3K]

According to Richard Hackman and Greg Oldham, Job characteristics explain the effects of five core dimensions of employee satisfaction.

Explanation:

The research work of Richard Hackman and Greg Oldham mainly relates to the nature of the work with the objective of the working goals to fulfill until it reaches its saturating point. It can be only accomplished only with the mentioned features of the labor like types of skills, the importance of the task, choosing the apt task, self-governance, and the review of the overall performance of the work.

The features of the work are collectively referred to as job characteristics. It will have a positive effect unless the above-mentioned features of the labor are utilized in a proper mix to ensure full employee satisfaction.

4 0

3 years ago