Answer:
the issue price is $88 per share
Explanation:
The computation of the issue price is shown below:
= (Common stock + paid in capital) ÷ (Number of common shares issued)
= ($3,600,000 + $36,000,000) ÷ 450,000 shares
= $39,600,000 ÷ 450,000 shares
= $88 per share
Hence, the issue price is $88 per share
Answer:
Cost of merchandise sold = $483 , Closing stock = $227
Explanation:
Perpetual inventory system includes updates done, when sale or purchase transaction happens
Opening Stock = 26 units (price 15). Value = 26 x 15 = 390
Sale = 13 units, price 15. So, sales cost value = 13 x 15 = 195
Purchase = 20 units (price 16). Value = 20 x 16 = 320
Sale = 18 units, price 16. So, sales cost value = 18 x 16 = 288
Total sales cost value, or cost of merchandise sold = 195 + 288 = 483
Closing stock = Opening stock + purchase - sales cost
= 390 + 320 - 483
= $227
Answer:
The Journal Entry is as follows:
Loss on Impairment $8,400
Debt Investment ($8,400)
Explanation:
Given.
Carrying Value = $79,200
Decreased Value = $70,800
Differences = $79,200 - $70,800
Differences = $8,400
Since the loss in value is determined, uncollectible.
The required entry on the journal entry are the amount loss on impairment and the amount invested on debt.
The Journal Entry is as follows:
Loss on Impairment $8,400
Debt Investment ($8,400)
Trade restrictions tend to preserve relatively few jobs in the protected industries and lead to job losses in other industries. Trade restrictions can vary from quotas, embargoes, standards, subsidies, tariffs and more that make it hard to trade (important/export) goods between two companies and also set prices for these. Depending on what is allowed and what is not different industries can benefit from the trade restrictions and some can be harmed by them.
The correct answer to this open question is the following.
Conduct a meeting with the client about negotiating.
I choose to write about the scenario.
In this meeting with my client, I am going to provide him with important tools to improve his negotiation skills so he can get better deals for his company.
I would create the scenario in which I will be the other part he is about to negotiate with. For this to happen, I am going to explain some basic principles about negotiation and put a series of examples so he can grasp the most important ideas.
Secondly, I am going to share a handbook, or better said, a manual with important key principles of negotiation that could serve him as a guide so he can feel more confident during the negotiation process.
Finally, we are going to have at least thirty minutes to practice a real-life negotiation scenario. It is going to be something basic but real so my client can face some adversity since the beginning of the negotiation process so he can have a good idea of the importance of being fully prepared before entering the negotiating table.
