Answer:
The answer is D.
Explanation:
Value of cash received is :
10,000 shares x $75
=$750,000
And that's a debit as it is shown in the question because cash was received.
Now the credit side.
Value of preferred stock is $50
So we have:
$50 x 10,000 shares
=$500,000 preferred shares.
Paid-in Capital in Excess of Par ValuePreferred Stock is $25 ($75 -$50)
So the value will be $25 x $10,000
=$250,000
Answer:
3. Distribution
Explanation:
Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers. Distribution is one of the essential components of marketing mix.
Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.
In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.
Answer:
$0.5
Explanation:
A plant's fixed total overhead cost is $500,000 for a year
400,000 widgets are required to be produced for this period
All processes require a 40,000 machine hours and the widgets use 16,000 hours out of the total hours
The first step is to calculate the fixed overhead application rate
= $500,000/40,000
= $12.5 machine-hour
The fixed overhead that is applied to the widgets can be calculated as follows
= $12.5 × 16,000
= $200,000
Therefore, the fixed overhead that is applied to each of the widgets produced can be calculated as follows
= 200,000/400,000
= $0.5
Hence the fixed overhead that is applicable to each widgets is $0.5
Answer:
$5,100 Dollars
Explanation:
3,000 x .07 = 210
210 x 10 = 2100
3,000 + 2100 = 5100
You will have $5,100 dollars total value in 10 years!
