Answer:
Credit to treasury stock for $200
Explanation:
Based on the information given The Appropriate journal entry to record the sale of treasury stock would include CREDIT to treasury stock in the amount of $200
CREDIT to treasury stock $200
(10 shares at $20 per share)
(To record the sale of treasury stock)
If the price of this bond falls by $200, the interest rate will
d. rise by 2.5 percentage points.
Explanation:
- Bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10%. If the price of this bond falls by $200, the interest rate will rise by 2.5 percentage points.
- Bond valuation is the determination of the fair price of a bond.
- the theoretical fair value of a bond is the present value of the flow of cash that streams in it is expected time to generate.
- In order to calculate the bond price, one has to simply discount the known predict flow of cash.
- When investors get anxious, they buy government bonds. Governments usually pay back their debts, so those bonds are at safety.
- You can also lose money on a bond if you sell it before the maturity date for less than you paid or if the issuer pays on their payments.
Answer:
The correct answer is: a centralized planned economy.
Explanation:
To begin with, a planned economy is a type of economic system where the investment, the production and more take place under a production plan develop by the organization in charge, in this case, the government. Moreover, a centralized form of planned economy characterizes by the qualities of not letting the people and the market decide freely by instead is the government who takes all the decisions that will impact in the economy.
The fact that Stormie receive a list with all the information about the prices and restrictions in the economy indicates that she lives under a centralized planned economy system.
Answer:
Dr Capital $25,000
Cr Income summary $25,000
Being loss recorded in the year written off to capital account
Dr Capital $2,800
Cr Drawings $2,800
Being drawings for the year
The new balance in the capital account is $18,200
Explanation:
The journal entries required to close the accounts a credit of $25,000 in the income summary and a corresponding debit to capital account since the loss made must be reflected in owner's equity.
Also,the drawings amount in the year should now be credited to drawings account and debited to capital account to reflect the withdrawal in owner's equity as well.
The new balance in the capital account is as follows:
Opening capital balance $46,000
Loss recorded ($25,000)
drawings ($2,800)
Closing capital $18,200
Answer:
The correct option is 4.
Explanation:
It is given that Lawson has 3,000 shares of stock outstanding at a price of $28 a share.
The value of Lawson's shares is
Aardvark has 1,100 shares outstanding with a market value of $23 a share.
The value of Aardvark's shares is
The incremental value of the acquisition is $1,400.
The total value of Lawson Products after the merger is
The total value of Lawson Products after the merger is $110700. Therefore the correct option is 4.
