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Romashka-Z-Leto [24]
2 years ago
8

Prior to February 28, a company has never had any treasury stock transactions. A company repurchased 100 shares of its common st

ock on April 30 for $40 per share. On June 20, it reissued 50 of these shares at $46 per share. On September 1, it reissued 20 of the shares at $38 per share. What is the balance in the Treasury Stock account on November 2
Business
1 answer:
liubo4ka [24]2 years ago
3 0

Answer: $2,760

Explanation:

The Treasury account is for a company's own shares that it buys back.

Company purchased 100 shares for $40:

= 100 * 40

= $4,000

June 20, they sold 50 of these shares. It will be deducted from the Treasury account at cost. Balance is:

= 4,000 - (50 * 40)

= $2,000

On September 1, 20 shares at $38 were reissued. Balance in Treasury Account goes to:

= 2,000 + (20 * 38)

= $2,760

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What is B2B marketing?
andrew11 [14]

Answer:

Explanation:  As the name suggests, business-to-business marketing refers to the marketing of products or services to other businesses and organizations. It holds several key distinctions from B2C marketing, which is oriented toward consumers.

6 0
2 years ago
Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to
nlexa [21]

Answer:

Based on the given information related to costs for each of the options, the crossover point for Tim = <u>6,000</u> room nights (round your response to the nearest whole number). If the number of room nights is less than the crossover point, then <u>OUTSOURCING (Duffy's Maid Service)</u> is the best option available to Tim. Based on the given room nights that Tim expects to rent (18, 250), the best option is to keep doing the service <u>INSOURCING (doing it himself)</u>.

Explanation:

Currently, before outsourcing, Tim's total cost = $228,125 + $61,000 = $289,125. On average, he spends $15.84247 per room.

The Duffy's Maid Service offer would represent a total cost of $337,625 + $25,000 = $362,625 for the same occupation level.

the crossover point for Tim:

12.5x + 61,000 = 18.5x + 25,000

36,000 = 6x

x = 6,000 room nights

(6,000 x 12.50) + 61,000 = (6,000 x 18.50) + 25,000 = $136,000

7 0
3 years ago
1. Hiram and Adasha both make meatloaf and bake bread. It takes Hiram three hours to bake six loaves of bread and two hours to m
mote1985 [20]

Explanation:

Help me answer this question please

8 0
1 year ago
Stratford Company purchased a machine with an estimated useful life of seven years. The machine will generate cash inflows of $9
Amiraneli [1.4K]

Answer:

The price o the machine is = $268,157.69

Explanation:

<em>The Net present value is the difference between the present value (PV) cash inflows and the initial cost of the investment.</em>

<em>PV of cash inflow =</em>

90,000× (1- (1.1)^(-7) )/0.1

=  438,157.69

NPV = PV of cash inflow - cost of the machine

<em>Let represent cost of the machine as " y "</em>

170,000 =  438,157.69  - y

y = 438,157.69- 170,000

y =  268,157.69

The price o the machine is = $268,157.69

4 0
3 years ago
1.) In the United States, nearly two thirds of Starbucks outlets are company owned; the remaining one-third is operated by licen
dexar [7]

Answer:

In United States, the organization has its own outlets on the grounds that the organization S-B has all the assets it requires to open its own stores.  

  • It just licenses a little segment of its business in U.S and that excessively just to those areas where store network is hard to keep up.  
  • The organization can without much of a stretch work through its own stores in America and would not need to fear about any opposition from licensees.  

Organization S-B works in remote markets significantly through permitting on the grounds that purchasing its own stores in different nations would be expensive and dangerous.  

  • The organization likewise would not need to stress over the skill of the nearby markets.  
  • Despite the fact that this system gives lesser returns yet at the same time it is an a lot more secure methodology in contrast with direct venture.
8 0
3 years ago
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