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babunello [35]
3 years ago
5

On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 77,000 shares of $10 par common stock at $11, and on Nove

mber 19, it issued for cash 17,040 shares of preferred stock, $50 par at $53. Required: A. Journalize the entries for October 31 and November 19. Refer to the Chart of Accounts for exact wording of account titles. B. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?
Business
1 answer:
kkurt [141]3 years ago
3 0

Answer:

i am sorry i do not know

Explanation:

sorry

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an organization that wishes to improve employee involvement, efficiency, and customer satisfaction might conduct select that ass
balu736 [363]

An organization may perform a study to evaluate how inputs work together to complete tasks and produce organizational outputs in order to increase employee engagement, efficiency, and customer satisfaction. Workflow analysis

Workflow analysis is the practise of looking at your company's workflows to find patterns and boost productivity. This boosts customer happiness, employee engagement, and the company's competitiveness in turn.

What is a workflow analysis composed of?

Picture illustrating Workflow Analysis

A workflow analysis is what? An evaluation of all the supporting operations is a workflow analysis. Plans to get rid of inefficiencies and improve the individual processes may be included. After analysis and optimization, if your workflow continues to run smoothly, you might want to consider automation.

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8 0
1 year ago
Shirley Macuga is the world’s fastest typist and is also a world famous brain surgeon. She earns $5,000/hour operating on brains
mote1985 [20]

Answer:

Yes

Explanation:

30 mins of typing would have an opportunity cost of $2500 of surgery

She's paying $2000 and earning $2500.

So she is smart

8 0
3 years ago
Saskatchewan Forestry Company purchased a timber tract for $600,000 and estimates that it will be depleted evenly over its 10-ye
djverab [1.8K]

Answer and Explanation:

The journal entry is given below:

Inventory (10% of $600,000) $60,000

         To Accumulated Depletion $60,000

(Being the 10% of the total timber cutted be recorded)

Here the inventory is debited as it increased the assets and credited the accumulated depletion as it decreased the assets

3 0
3 years ago
Happy Frog Inc. is analyzing a project with the following cash flows: Year Cash Flow 0 -$762,000 1 $300,000 2 $-550,000 3 $660,0
Lelechka [254]

Answer:

Happy Frog Inc.

Modified Internal Rate of Return (MIRR) = (Future value of positive cash flows / present value of negative cash flows) (1/n) – 1

= ($1,400,000 /-$1,198,700) (1/5) - 1

= -1.167932 x -0.8

= 0.934

MIRR = 9.34%

Explanation:

a) Future Value of positive cash flows:

1           $300,000

3          $660,000

4          $440,000

Total $1,400,000

b) Present value of negative cash flows:

0         -$762,000

2         -$436,700    ($550,000 x 0.794)

Total -$1,198,700

c) The Modified Internal Rate of Return for Happy Frog Inc. is greater than its Weighted Average Cost of Capital.  Therefore, the project looks very promising and should be accepted.

6 0
3 years ago
If the price of a soda was 15 cents in​ 1970, when the cpi was​ 50, and 50 cents in​ 2007, when the cpi was​ 172, then
MA_775_DIABLO [31]

Answer:

It then means that there was an increase in price of <em>$0.35 and an increase in the Consumer Price Index of 122</em>  of Soda after 37 years for inflationary reasons.

Explanation:

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

<em>Solution</em>

<em>CPI =  New Price/ Old Price</em>

<em>Where:</em>

<em>Old Price = $0.15</em>

<em>New Price = $0.50</em>

<em></em>

<em>∴ = 0.50/0.15 </em>

<em>CPI = 3.33</em>

<em>Then there was no significant rise on inflation since the CPI for 37 years was 3.33 </em>

3 0
3 years ago
Read 2 more answers
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