Answer:
Date Particular Dr. Cr.
Jul-1 Treasury stock $6,210
Cash $6,210
Sep-1 Cash $4,840
Treasury stock $3,960
Paid-in capital - Treasury stock $880
Explanation:
Treasury stocks are the company's own shares which is repurchased by the company. It is recorded in treasury shares account which is an contra equity account. I can be reissued or cancelled by the company.
Purchase of Treasury Stock
Treasury Stock = 690 x $9 = $6,210
Sales of Treasury Stock
Cash Receipt = 440 x $11 = $3,300
Treasury Stock = 440 x $9 = $3,960
Paid-in capital - Treasury stock = 440 x $2 = $880
Answer:
ROI = Net operating income x 100
Average operating assets
ROI = $1,924,320 x 100
$6,000,000
ROI = 32.1%
The correct answer is C
Explanation:
ROI is the ratio of net operating income to average operating assets multiplied by 100.
We are given the skills of each worker:
Sasha is very good at producing computer-generated graphics
Maurice is skilled at designing logos with pen and paper
To address the immediate problem, Hector's action should be to assign Maurice to do the design in a paper then pass it to Sasha for generating it on the computer. It could also be that if a client requests a paper design, Maurice does it and for computer-generated designs, Sasha will do it.
The corrective action that he should do is let Sasha and Maurice attend trainings for their weaknesses. <span />
Answer:
The winners were tire exporters from nations other than China, since the price of tires from these nations rose from $53.94 to $62.02, and this rise was not due to tariffs.
The losers were Chinese tire exporters, because while the price of Chinese tires also rose, it was because of the tariff, which is not income received by the exportes. Besides, the volume of imports from China also fell.