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2 years ago

A certain brand of coffee come in two size. An 11.5 ounce package costs 4.24. 27.8 ounce package costs 9.98

Business

1 answer:

Vladimir79 [104]2 years ago

8 0

Answer

the second choice is the better deal

Explanation:

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At the beginning of 2021, Artichoke Academy reported a balance in common stock of $154,000 and a balance in retained earnings of

professor190 [17]

Answer and Explanation:

The preparation of the statement of the stockholder equity and balance sheet would be shown in the attachment below:

The formulas for ending retained earning balance and stockholder equity is

Ending retained earnings = Opening retained earnings + net income - dividend paid

And, the ending equity is

= Opening equity + additional shares

The same would be shown in the attachment

4 0

2 years ago

Pam Erickson Construction Company changed from the completed-contract to the percentage-of-completion method of accounting for l

Brilliant_brown [7]

Answer:

a. $478,450

b.Dr Construction in Process $165,500

Cr Deferred tax liability $49,650

Cr Retained earnings $115,850

Explanation:

A. Calculation for the amount of net income that would be reported in 2015 for Pam Erickson Construction Company

Using this formula

Net income =(Income before income tax ) Income before income tax-Tax rate

Let plug in the formula

Net income= $683,500 - (683,500 × 30%)

Net income= $683,500 - $205,050

Net income= $478,450

B. Preparation of the Journal entry(ies) that are necessary to adjust the accounting records

For Pam Erickson Construction Company

Dr Construction in Process $165,500

Cr Deferred tax liability $49,650

($165,500 × 30%)

Cr Retained earnings $115,850

($165,500 × (100%-30%)

5 0

3 years ago

DailyFinance.com reported one $40 share of Coca-Cola’s stock bought in 1919, with dividends reinvested, would be worth $9.8 mill

Natasha_Volkova [10]

Answer:

28.42

Explanation:

js add the money up

7 0

2 years ago

You are at a wedding and are unexpectedly asked to give a toast to the bride and groom. What would you do?

frez [133]

Answer:

I would say go for it

Explanation:

6 0

3 years ago

During its first year of operations, Marigold Corporation had the following transactions pertaining to its common stock. Jan. 10

RideAnS [48]

Answer:

Journalize the transactions is given below

Explanation:

given data

Issued = 66,500 shares

cash = $6 per share

Issued = 41,500 shares

cash = $8 per share

solution

we get here Journalize the transactions

and we assuming that the common stock has a par value of $6 per share

Jan. 10 cash is 66,500 × 6 = 399000

and cash for July 1 is = 41,500 × 8 = 332000

and common stock = 41,500 × 6 = 249000

paid in capital excess = 332000 - 249000 = 83000

Date Account Titles Debit Credit

Jan. 10 cash 399000

common stock 399000

July 1 cash 332000

common stock 249000

paid in capital excess 83000

8 0

2 years ago