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RoseWind [281]
3 years ago
12

" Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $30,000 and has ca

sh on hand of $20,000 contributed by Lanni's owners. For each of the following transactions, identify the real and/or financial assets that trade hands. Are any financial assets created or destroyed in the transaction?
a. Lanni takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years.
b. Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software.
c. Lanni sells the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 1,500 shares of Microsoft stock.
d. Lanni sells the shares of stock for $80 per share and uses part of the proceeds to pay off the bank loan."
Business
1 answer:
Gre4nikov [31]3 years ago
5 0

Answer:

A) Lanni takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years.  FINANCIAL ASSET CREATED: when the loan was received, a financial asset was created. Money is exchanged for a promissory note.

B) Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software.  REAL ASSET CREATED: when the software was developed, a real asset was created. Money was invested in developing the software.

C) Lanni sells the software product to Microsoft, which will market it to the public under the Microsoft name. Lanni accepts payment in the form of 1,500 shares of Microsoft stock.  FINANCIAL ASSET CREATED: when the software was traded, a financial asset was created. A real asset was traded in exchange for financial assets.

D) Lanni sells the shares of stock for $80 per share and uses part of the proceeds to pay off the bank loan." FINANCIAL ASSET DESTROYED: when the loan is paid back, the financial asset (loan) ceases to exist. When the money is paid back to the bank, the loan and the promissory note cease to exist.

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You own 200 of the 10,000 outstanding shares of Invite stock. The firm just announced it will be issuing an additional 2,000 sha
Leokris [45]

Answer:

A rights offering

Explanation:

Current shareholders can participate in a rights offering, by which they can purchase additional shares of the corporation. During a rights offering, current shareholders are given the first option to buy newly issued shares before those shares are offered to the general public.

3 0
4 years ago
Qual a origem da contabilidade de custos, e porque ela surgiu como uma função gerencial principalmente nas indústrias?
hodyreva [135]

Answer:

Revolução Industrial do Século XVIII. Porque as informações por ela coletadas passou a ser vista como essenciais na tomada de decisão das empresas.

Explanation:

A origem da Contabilidade de Custos ou <em>Contabilidade Industrial</em> remonta à necessidade das empresas industriais que transformam matéria prima em produtos, em plena Revolução Industrial desde o Século XVIII apurar melhor o seus custo de produção em larga escala.

Como a Contabilidade de Custos reune procedimentos contábeis e extracontábeis nesse apuração, As informações geradas pelos processos da Contabilidade de Custos levou-a a cada vez mais a ser vista como auxiliar no processo de tomada de decisões, assumindo assim funções gerenciais.

5 0
3 years ago
In the résumé above, what would cause appearance of the "00000000000"?
My name is Ann [436]
It could be that you type the numbers accidentally and that should have made the numbers appear. Well if you want to get rid of it you just need to remove that on the soft copy and then print the resume again. Doing so should have eliminate those 0`s printed on the resume. 


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6 0
3 years ago
Read 2 more answers
The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The followi
lapo4ka [179]

Answer:

$25,400

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

The movement in the retained earnings balance may be expressed as

Opening balance + net income - cash dividend paid = closing retained earnings balance

Cash dividend declared - Cash dividend paid =  Cash dividend payable

$49,000 - Cash dividend paid = $23,600

Cash dividend paid = $49,000 - $23,600

= $25,400

6 0
3 years ago
last year, rosa spent $130,000 for merchandise she sold. she had net sales of $200,000 and expenses of $40,000. what is rosa’s n
Triss [41]

Last year, rosa spent $130,000 on merchandise she sold. she had net sales of $200,000 and expenses of $40,000', therefore rosa’s net profit is <u>$30,000.</u>

<u />

Merchandising is any practice that contributes to the sale of products to retail consumers. At the retail level, merchandising refers to the presentation of products that are sold in creative ways that induce customers to purchase more items or products.

Visual display merchandising in retail means using product design, selection, packaging, pricing, and presentation to sell products and encourage consumers to buy more.

To do. This includes disciplining and discounting the physical presentation of products and displays and deciding which products to present to which customers and when. In retail, creatively linking related products and accessories is often a great way to encourage consumer purchases.

learn more about merchandise here;  brainly.com/question/25745683

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4 0
2 years ago
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