Answer: $240,000
Explanation:
400,000÷20,000 = $20 per share (repurchase price)
160,000 ÷ 10,000 = $16 per share (sales price)
$400,000 - $160,000 = $240,000
The treasury stock account is created upon the repurchase of a company's own stock. The treasury stock account is debited for cost of repurchase and then credited.back when the stocks are resold. However, after repurchasing 20,000 stock for 400,000 and selling hlaf the repurchased stock (10,000) for $160,000, then the repurchase price is greater than the sales price. There will be no paid in capital, with the entire amount credited to treasury stock.
Market segments that can be effectively reached and served are said to be accessible. Accessibility is the ability to reach and have access to something. Having an accessible market allows you to predict the revenue opportunity from the good or service you are wanting to market to a specific audience.
Answer:
Adding up basic monthly expenses and subtracting this total from take-home pay, plus trying to find out ways or figuring out what to give up to make the monthly loan payment.
Explanation:
A loan is simply a borrowed money that must be repaid at a certain point in time.
Before taking out a loan, it is better you ask yourself some questions like the reason for the loan collection, how much am i earning and willing to set aside for the loan repayment and will it be monthly and other questions.
Answer:
a. Advertising expenses are usually viewed as <u>period</u> costs.
b. An example of factory overhead is <u>plant depreciation</u>.
c. Direct materials costs and direct labor costs are called <u>conversion</u> costs.
d. Implementing automatic factory robotics equipment normally <u>decreases</u> the factory overhead component of product costs.
e. Materials that are an integral part of the manufactured product are classified as <u>direct materials</u>.
f. An oil refinery would normally use a <u>process</u> cost accounting system.
g. The balance sheet of a manufacturer would include an account for <u>work in process inventory</u>.
h. The wages of an assembly worker are normally considered a <u>product </u>cost.
Answer:
Journal of given entries
Explanation:
to Sales ac 20000
to Account Receivables ac 17400
- Prepaid Insurance ac dr 4900
to Cash ac 4900
- Accounts Payable ac dr 990
to Cash ac 990
to Prepaid Insurance ac 3900
to Advance ac 7700
to Cash ac 1420
to Cash ac 1200