Which task can be completed using the Help interface?

Renaldo Cross Company views share buybacks as treasury stock. Renaldo repurchased shares and then later sold the shares at more

allsm [11]

Answer: a) Option A

Explanation:

There will be no effect on retained earnings because retained earnings do not increase as a result of shares being sold. It increases when net income increases.

Total paid-in capital increases when stock is sold for higher than its par value or when treasury stock is sold for higher than its acquisition price. The treasury stock here was sold for higher than it was bought so this would increase the total paid in capital.

5 0

3 years ago

As she digs deeper into the data, Ophelia realizes that while discounters do have a high profit level, discounters are quite low

zlopas [31]

Answer: Return on sales is calculated based on sales volume and not profit

Explanation:

This can be explained by understanding the scenario; the price that discounters pay is lower than any other channel. Discounters have high variable cost, they only pay $52 for the Russel with 41percent return on sales. They also larger fixed costs than the other channels and the return on sales is calculated based on sales volume and not profit.

7 0

3 years ago

What do bankers take into account when allocating their assets?

WITCHER [35]

When allocating their assets bankers take into account their reserve equipment. Property, plant and equipment is initially measured at its cost, subsequently measured either using a cost or revaluation model, and depreciated.

8 0

3 years ago

The operations vice president of Security Home Bank has been interested in investigating the efficiency of the bank’s operations

AURORKA [14]

Answer:

The computation of the activity rates for the activity-based costing system is shown below:-

Explanation:

Opening Processing Processing Other Totals

accounts Deposits and other activities

Withdraws Customers

transactions

Teller wages $5,800 $108,750 $26,100 $4,350 $145,000

Assistant

branch

manager

salary $4,800 $6,600 $16,200 $32,400 $60,000

Branch

manager

salary $3,760 $0 $20,680 $69,560 $94,000

$14,360 $115,350 $62,980 $106,310

Working Note

Opening Processing Processing Other

accounts Deposits and other activities

Withdraws Customers

transactions

Teller

wages ($145,000 × 4%) ($145,000 × 75%) ($145,000 × 18%) ($145,000 × 3%)

Assistant

branch

manager

salary ($60,000 × 8%) ($60,000 ×11%) ($60,000 × 27%) ($60,000 × 54%)

Branch

manager

salary ($94,000 × 4%) ($94,000 × 0%) ($94,000 × 22%) ($94,000 × 74%)

Activity Activity cost Cost drivers Activity rate

Opening accounts $14,360 230 $62.43

Processing deposits

and Withdrawals $115,350 51,000 $2.26

Processing other

customers

transactions $62,980 1,150 $54.77

4 0

3 years ago

Negotiated transfer prices ______. are consistent with decentralization use the expertise of managers in weighing the costs and

ruslelena [56]

Answer:

1. are consistent with decentralization.

2. use the expertise of managers in weighing the costs and benefits of the transfer.

3. preserve the autonomy of the divisions.

Explanation:

A negotiated transfer prices can be defined as the final price reached between the buyer (consumer) of finished goods and services and the trader (seller) of such goods and services.

Negotiated transfer prices has the following advantages;

1. Negotiated transfer prices are consistent with decentralization.

2. Use the expertise of managers in weighing the costs and benefits of the transfer.

3. They preserve the autonomy of the divisions.

4 0

3 years ago