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On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 25,000 shares of $20 par common stock at $68, a

sashaice [31]

Answer:

$3,130,000

Explanation:

For computing the total amount invested, first we have to pass the journal entries which are shown below:

Cash A/c Dr $1,700,000 (25,000 shares × $68)

To Common Stock $500,000 (25,000 shares × $20)

To Additional Paid-in Capital in excess of par - Common Stock $1,200,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

Cash A/c Dr $1,430,000 (130,000 shares × $11)

To Preferred Stock $1,040,000 (130,000 shares × $8)

To Additional Paid-in Capital in excess of par - Preferred Stock $390,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

Now the total amount invested would be

= $500,000 + $1,200,000 + $1,040,000 + $390,000

= $3,130,000

7 0

4 years ago

A closed economy a. does not engage in international trade of goods and services. b. does not engage in international borrowing

Vinvika [58]

Answer:

The correct option is C,both A and B

Explanation:

A closed economy is not opened to the idea of international trade, where its surplus commodities can be traded with other nations of the world in order to earn foreign exchange while at the same procuring from trading partners products required by its nationals not available at all in the economy or the ones that are not available in the required quantity.

A closed economy also assumes itself to be sufficient in the area of fiscal policy management by not engaging in international borrowing or lending arrangements.

5 0

3 years ago

Explain the purpose of making individuals aware of their underperformance clearly but sensitively.

vivado [14]

The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.

<h3>What is underperformance?</h3>

This occur when an individual is preforming below expected. Usually, there is task to accomplished at a particular time and if its is not done tp time and does not produce expected result then, it is said that the individual under performed.

An employee can underperformed also when the clearly set contract projection plan is low or when an employee do not perform the necessary duties of their role.

When an individual underperformed it can be brought to the notice of the person n a very calmly manner to avoid damage of emotions and self esteem.

Therefore, The purpose of making individuals aware of their underperformance clearly but sensitively is to avoid creating a damage to the person because human are emotional being.

Learn more on underperformance below

brainly.com/question/13794592

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3 0

2 years ago

A business cycle can indicate that an economy is in a recession if:

Drupady [299]

Answer:

C the economy remains in a contraction for two quarters.

Explanation:

A recession is a period characterized by a decline in the level of economic activities. A decrease in the GDP value indicates the slowing down of economic activities. Should be GDP value decline for two or more consecutive quarters, the economy is said to be in a recession. Slowing down or decline in economic activities is referred to as contraction.

During a recession, the level of unemployment rises, demand for goods and services reduces, and income levels also decline. Recessions usually last between six to eighteen months. A prolonged recession results in depression.

3 0

3 years ago

True or false?

yaroslaw [1]

Answer:

A. True

B. False

C. False

D. True

Explanation:

A.<em> Brands do a great job creating the meaning associated with a symbol or tagline</em>. True.

Just like humans have names and personalities, so do brands. The symbols of brands are just like human names. The personality of the brand goes a long way in determining the meaning people attribute to that symbol

<em>B. What a brand represents is very consistent across everybody.</em> False.

Just as societies have different cultures, so do the meanings they attribute to a brand differ. For example,some cultures feel the color red is associated with ill luck. This will affect how they see such brands which have the red color.

<em>C. A brand's meaning is controlled by the brand. </em> False.

On a holistic note, a brand can control only a certain aspect of its meaning. the other aspect is left to individualism and culture.

<em> D. A brand's meaning is up to potential and actual customers.</em> True.

This is because the customers and kings and they have their personal views about life. This view often affects how they see brands.

8 0

3 years ago