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3 years ago

If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:_______

Business

1 answer:

lidiya [134]3 years ago

5 0

Answer: b. Equity would increase by $64,679

Explanation:

You included no figures from Baldwin's financials but the above is the only feasible answer.

When more Equity is issued as was the case here, Equity will increase not decrease (option A is therefore wrong).

Retained earnings are the portion of Net Income that are not paid out by the company as dividends and so have nothing to do with stock issuance which renders options C and D wrong.

Option B speaks of an increase in Equity and so is most likely correct.

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Money, Inc., a calendar year S corporation in Denton, Texas, has two unrelated shareholders, each owning 50% of the stock. Each

ratelena [41]

Answer:

See below

Explanation:

a. At the end of the year, before distribution, each shareholder's basis

= $400,000 + $100,000 + $50,000

= $550,000

b. After the distribution, each shareholder's basis is

= $300,000 + $200,000

= $500,000

c. Therefore, each shareholder has

$250,000 worth of dividend income.

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3 years ago

What is quality control?

lilavasa [31]

Quality control is a system maintaining standards in manufacturing products by testing a sample of the output against the specification.

Quality control is used to meet or exceed customer requirements and is vital in the manufacturing part of businesses.

Hope this helped :)
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4 0

3 years ago

Which of the following changes can take place in the long run? A.labor force b.machinery c. Technology. D. All of these can be c

ehidna [41]

D. All of these can be changed in the long run

4 0

3 years ago

A loss is when

Illusion [34]

The answer is B revenue is less than expenses

5 0

3 years ago

Read 2 more answers

The law of supply and demand asserts that

Anna35 [415]

Answer:

b. the price of a good will eventually rise in response to an excess demand for that good.

Explanation:

As more people are willing to purchase the good the price will rise. Because, the supplier can offer up to certain amount given their current production factors thus, this increase in demand is met with an increase of price. In the future this increase in price which generates more producer surplus will make more company’s invest in the business or the current ones will develop new ways of production to produce more and therefore; lowering the price.

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3 years ago