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2 years ago

The financial statements for Highland Corporation included the following selected information:

Business

1 answer:

ICE Princess25 [194]2 years ago

4 0

Answer:

a. Additional paid-in capital:

= Amount received from shares issued - Common stock

= (33 per share * 93,000) - 465,000

= $2,604,000

b. Beginning retained earnings:

Ending retained earnings = Beginning retained earnings + Net income - Dividend

830,000 = Beginning retained earnings + 1,120,000 - 720,000

Beginning retained earnings = 830,000 - 1,120,000 + 720,000

= $430,000

c. Treasury stock:

= Shares issued - Shares outstanding

= 93,000 - 65,000

= 28,000 shares

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Answer:

c. seller receives cash sooner than if credit is granted directly to the customers

d. may allow seller to increase sales volume

Explanation:

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3 years ago

Imagine that a food critic visits your restaurant and writes a positive review that was then published in a magazine. This is an

BartSMP [9]

Answer:

Good Quality or Service

Explanation:

This is a very general question however I’ll try to answer it to the best of my knowledge.

This is an example of Good Quality or Service OR Public Relations or Promotion.

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Public Relations or Promotion – Regardless of the food quality or the service at the Restaurant, the restaurant owner had paid the food critic/blogger to post good reviews about his/her Restaurant in the magazine which would attract more customers to this Restaurant.

In my opinion, Good Quality or Service is more relevant in this scenario.

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3 years ago

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zhannawk [14.2K]

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3 years ago

Read 2 more answers

Which of the following is a benefit of increased levels of education?

aalyn [17]

I think the answer is C

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2 years ago

The general pattern that consumption of the first few units of any good tends to bring a higher level of _______ to a person tha

ch4aika [34]

Answer:

1. utility

Explanation:

The law of diminishing marginal utility states that as consumption increases, the utility derived from consumption falls.

I hope my answer helps you

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3 years ago