On October 10, the stockholders’ equity
of Sherman systems appears as follows:
Common Stock ,$10 par value, 72,000 shares
authorized, issued and outstanding = 720,000
Paid-in capital in excess of par value, common
stock = 216,000
Retained earnings = 864,000
Total stockholders' equity = 1,800,000
Answer: 40 brownies and 15 cookies
Explanation:
Mark can make 40 brownies or 20 cookies
Julie can make 15 brownies or 15 cookies.
So, Mark has a comparative advantage in making brownies. So, mark will produce a total of 40 brownies and Julie will make a total of 15 cookies.
Answer:
1.57
cash cow
Explanation:
When using the BCG matrix, the relative market share helps to compare how your product is doing vs the industry's leader. In this case, to measure he relative market share of the Jeep Liberty we divide it by the industry's leader, or in this case, the runner up = 44% / 28% = 1.57
Since the Jeep Liberty's relative market share is 1.57 times larger than the second most popular mid-size SUV, then we could classify it as a cash cow. A cash cow is a product offered in a mature slow growth market that has a high market share and generates large revenues and profits to a company.
Answer:
Impact of the CPA on businesses
The main function of the Consumer Protection Act now is to protect consumers against product liability. Protection against product liability means that consumers are protected if the product they purchase from you is defective and causes further damage.
Explanation:
Hope it helps! Correct me if I am wrong :>
Answer:
B.Cash received from issuing common stock to stockholders is reported as a financing activity cash flow within the statement of cash flows.
Explanation:
As when common stock is issued, it provides cash to the company, for any kind of investments, or expense to be made, for running the business.
Financing activities are those which arrange monetary assets generally cash for the company, issue of securities, issue of bonds, borrowings as loans or note payable.
Thus, the statement B is correct.
Further dividends are provided after tax, and are distribution from net income, but not shown under that.
Providing services on account will provide revenue and net income will increase.
Purchasing of any equipment is investing as it will create an asset for the company.
