Answer:
Retained Earnings decreases by $84,000
There would be a no effect in the Additional Paid-in Capital
Explanation:
The journal entry to record the retained eaning would be as follows:
Debit Credit
Cash $294,000
Retained earnings $84,000
Treasury stock $378,0000
Retained Earnings decreases by $84,000
Cash= 21,000 shares*14=$294,000
Retained earnings=21,000 shares*(18-14)
=$84,000
Treasury stock=21,000 shares*18=$378,0000
There would be a no effect in the Additional Paid-in Capital
So Retained Earnings decreases by $84,000
Answer:
Dribbling is a technique used in field hockey to move the ball forward using small touches with a hockey stick.
Answer:
The correct answer is Novation.
Explanation:
Innovation represents all those transformations that introduce originality and novelty, usually develop more frequently in the economic context, especially when companies implement new products or services that become successful within the market, prevailing in it through advertising.
Innovation is a technique that can solve problems or shortcomings, which can be done through improvement and not just the creation of something new.
Roosevelt was successful in keeping the United States out of wars by threatening legitimately with force under his "big stick" strategy, also known as Roosevelt Corollary.
<h3>What was the Roosevelt Corollary's principal effect?</h3>
The corollary said that not only were the countries of the Western Hemisphere closed to colonization by European powers, but that it was the United States' duty to uphold law.
<h3>When was big stick diplomacy used?</h3>
The Roosevelt Corollary to the Monroe Doctrine is the name given to President Theodore Roosevelt's forceful attitude to the countries of Latin America and the Caribbean. This strategy has frequently been referred to as the "Big Stick."
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Answer:
The given scenario highlights that Mr. B has submitted a financial report which possess some irregularities. According to the budget Mr. B has to provide the finance to the purchase department rather than the facilitating department. Even though the facilitating department is operating successfully, it is unethical to divert the finance to the other department rather than to the specified one.
Thinking ethically, Mr. R who is operating in the middle management of the organization has the responsibility to report this unethical act for the proper operations of the organization. Some of the individuals or positions who can be interested in this problem can be the Human resource manager or the public relations manager who can handle the issue in a diplomatic manner. As a middle manager he can also highlight the issue to the account team and also to his direct manager.
Mr. R can face the legal implications as he is misusing his authority. It is legally punishable If someone one in the managerial position is misusing his authority.
One of the ethical models which can be applied here can be Utilitarianism. This model suggests that the action will be considered as good if the result or the outcome is good. According to this model if the diversion of the finance to the sustainability initiative produces good results for the company then it can be considered as a right act rather than considering unethical.
Next ethical model can be the moral relativism. According to this model the people from outside circle cannot judge the activities of the people considering ethical or unethical. Here Mr. B is the boss of Mr. R who is the top manager of the organization. He can posses some strategies and authorities to make the operations of the organization sustainable. Hence Mr. R may not hold the right to judge his actions.
When making decision regarding the present scenario, Mr. R should consider both the ethical models. If the outcome is good and the manager is having the authority to make critical decisions like mentioned in the scenario then the activity cannot be considered as unethical.
Considering the scenario and the ethical models the middle manager Mr. R can conduct a research for identifying the outcome of Mr. B’s action. If he identifies good outcome then he can leave the issue. If there is any personal interest for MR. B and not positive outcome for the company then he can highlight this issue.
Explanation: