the reviews! also, you should look at how much data it takes up.
Earning a profit may not be a companies only responsibility
<span>The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. This is an example of a deferral adjustment. </span>A deferral payment happens after a payment or receipt occurs. The deferral allows someone to have something now but pay it off or towards it at a later date.<span> </span>
Answer:
a. is reduced to $5 per share
Explanation:
Data given in the question
Market value per share = $80
Number of shares = 100,000
Par value = $10
So, after the split, the par value of the stock is
= Par value of the stock ÷ stock split ratio
= $10 ÷ 2
= $5 per share
By dividing the par value of the stock by the stock split ratio we can get the par value of the stock
Answer:
The net worth is $92,500
Explanation:
In this question, we apply the accounting equation which is shown below:
Total assets = Total liabilities + shareholder's equity
$108,800 = $16,300 + shareholder's equity
So, the shareholder equity or net worth equal to
= $108,800 - $16,300
= $92,500
These are the items of the balance sheet. By using the accounting equation, the total debit and the total credit side of the balance sheet items should always be balanced and equal.
