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3 years ago

Expanding a brand is a common way for a business to do which of the following?

Business

1 answer:

lana [24]3 years ago

3 0

Answer:

Leverage its brand equity to promote growth is answer.

Explanation:

I hope it's helpful!

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A corporation issued 6,200 shares of $10 par value common stock in exchange for some land with a market value of $94,000. The en

andreev551 [17]

Answer:

Debit Land $94,000; credit Common Stock $62,000; credit Paid-In Capital in Excess of Par Value, Common Stock $32,000

Explanation:

Preparation of what The entry to record this exchange is:

Debit Land $94,000

Credit Common Stock $62,000

(6,200*$10)

Credit Paid-In Capital in Excess of Par Value, Common Stock $32,000

($94,000-$62,000)

(To record exchange)

6 0

3 years ago

The Worthingtons love to travel, so when they retired they sold their house and purchased a motor home valued at $165,000. They

LUCKY_DIMON [66]

Answer:

The correct answer is option B.

Explanation:

The Worthingtons have a motor home valued at $165,000.

Their car is worth $32,000.

They have investments worth $200,000.

Their savings is worth $20,000.

They have medical bills worth $1,300.

Their credit card balance is $3000.

Their net worth will be

= Assets - Liabilities

= $(165,000 + $32,000 + $200,000 + $20,000) - $(1,300 + 3000)

= $417,000 - $4,300

= $412,700

3 0

3 years ago

Skullcandy makes headphones. For 2016 it plans to offer a new product line of wireless headsets to the marketplace. It planned o

Yuki888 [10]

This is an example of a company’s: <u>objective</u>.

<u>Explanation</u>:

Objective is an aim to achieve something. Objectives explains what are to be done.

A company's objectives describe the goals that are to be achieved by the organization. The strategies will also be defined to achieve the goal. The resources, material and finance to achieve our goal are also defined to reach the objective. The company defines its objective to increase their success rate.

In the above scenario, Skullcandy decides to launch its new product- a wireless headset. The company decides to increase its market share by releasing the new product. This shows the objectives of the company.

4 0

3 years ago

Under a standard costing system, while recording the use of direct materials in the production process, work in process inventor

seropon [69]

The journal entry of the usage of direct materials in the production process is debit work in process inventory and credit raw materials inventory. Debit refers to the addition of assets in the process while credit refers to the value that is bargained to be paid from a party to another party in agreement.

8 0

3 years ago

Two assets have the following expected returns and standard deviations when the risk-free rate is 5%:

Rashid [163]

Answer:

c. neither Asset A nor Asset B is acceptable

Explanation:

The computation of the risk return basis is shown below:-

Optimal Return of Asset A is

= A × 0.5 × Standard Deviation^2 + Risk Free Rate

= 3 × 0.5 × 20%^2 + 5%

= 11%

As 10% is lesser than 11%

Now

Optimal Return of Asset B is

= A × 0.5 × Standard Deviation^2 + Risk Free Rate

= 3 × 0.5 × 27%^2 + 5%

= 15.94%

As 15% is lesser than 15.94%

Therefore neither Asset could be acceptable

5 0

3 years ago