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3 years ago

In the ____ stage, denial occurs despite signs of deteriorating performance.

1 answer:

4 0

In the inaction stage, denial occurs despite signs of deteriorating performance.

There are 5 stages of decline
1) Blinded stage
2) Inaction stage
3) Faulty action stage
4) Crisis stage
5) Dissolution stage

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On March 10, 2019, Dearden, Inc., purchased 11,200 shares of Jaffa stock for $47 per share as a long-term passive investment. De

olasank [31]

Answer:

Dearden, Inc.

Journal Entries to record the transactions:

March 10, 2019:

Debit Investment in Jaffa $526,400

Credit Cash $526,400

To record the purchase of 11,200 shares at $47 per share.

December 31, 2019:

Debit Loss on Investment $22,400

Credit Investment in Jaffa $22,400

To record the loss on investment from $47 to $45 per share.

December 31, 2020:

Debit Investment in Jaffa $33,600

Credit Gain on Investment $33,600

To record the gain on investment from $45 to $48 per share.

December 31, 2021:

Debit Loss on Investment $44,800

Credit Investment in Jaffa $44,800

To record the loss on investment from $48 to $44 per share.

September 12, 2022:

Debit Loss on Investment $22,400

Credit Investment in Jaffa $22,400

To record the loss on investment from $44 to $42 per share.

Debit Cash Account $470,400

Credit Investment in Jaffa $470,400

To record the sale of the investment in Jaffa at $42 per share.

Explanation:

For Dearden, Inc. journal entries are recorded on the acquisition date to record the purchase of the investment in Jaffa. Records are also made every December 31 to record the movements in the share price of the investment. Finally, on the date of disposal, records are also made to record the sale of the investment.

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3 years ago

Newly issued securities are sold to investors in which one of the following markets?A. ProxyB. InsideC. SecondaryD. Primary

Harrizon [31]

Answer:

D. Primary

Explanation:

The newly issued securities are first sold to the investors of the primary market .

The primary market id responsible for issuing the securities for the exchange of the company , or other groups .

The primary market are run by the underwriting groups which includes the investment banks .

Hence , from the information of the question , the correct term is ( d. ) Primary market .

7 0

3 years ago

On January 1, the company purchased equipment that cost $10,000. The equipment is expected to be worth about (or has a salvage v

svetoff [14.1K]

Answer:

See below

Explanation:

10000-1000=9000 to be depreciated

9000/5=1800 annual depreciation

journal entry:

depreciation expense. 1800 (debit)

Accumulated depreciation. 1800 (credit)

to record annual depreciation

5 0

2 years ago

On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furnishings Company, a furniture wholesaler, a

umka2103 [35]

Answer:

Net Income $66100

Explanation:

Racine Furnishings Company

Multi Step Income Statement

For the Year Ended March 31, 2019

Sales 6,126,850

Cost of Merchandise Sold 3,965,850

Gross Profit 2161000

Less Operating Expenses

Depreciation $747,950

Supplies Expense ( 87000- 20650) 66350

Salaries Expense 7,700

Selling Expenses 717,650

Administrative Expenses 545,700

Operating Income 75,650

Other Expenses

Interest Expense 9,550

Net Income $66100

From the sales cost of merchandise sold is subtracted to get the gross profit. The operating expenses are subtracted from the gross profit to get the operating income. Other expenses such as interest expense is subtracted to get the net income.

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2 years ago

Five firms are currently producing and selling in a market. When two more firms enter the market, economists expect that the equ

Vilka [71]

Answer:

Decrease, Increase

Explanation:

Equilibrium price is that price in the market, where the quantity of the goods supplied or the service offered is equal to the quantity of the goods demanded. At this point the supply as well as the demand curves in the market intersect.

So, when 2 firms will be entering the market, the economist expect that the equilibrium price will decrease or fall and fall in the price leads to increase in the quantity, so the equilibrium quantity will increase.

7 0

3 years ago