Knapp Industries began business on January 1, 2018 by issuing all of its 1,550,000 authorized shares of its $1 par value common
stock for $30 per share. On June 30, Knapp declared a cash dividend of $1.25 per share to stockholders of record on July 31. Knapp paid the cash dividend on August 30. On November 1, Knapp reacquired 310,000 of its own shares of stock for $35 per share. On December 22, Knapp resold 155,000 of these shares for $41 per share. Required:
a. Prepare all of the necessary journal entries to record the events described above.
b. Prepare the stockholders' equity section of the balance sheet as of December 31, 2018 assuming that the net income for the year was $8,000,000
Luna realized that the undecided group was her "target audience", so she focused most of her effort on them.
A target audience is the target group or readership of a production, commercial, or other message. In showcasing and publicizing, it is a specific gathering of customers inside the predetermined target advertise, distinguished as the objectives or beneficiaries for a specific notice or message.
Initiative is to take a lead in an activity without being told, you research better ways to do things and implement them without being reminded. Taking initiative at times involves doing something that is not necessarily your duty but you do it anyway. Most employees that show initiative always gain trust of their superiors since they feel like you don't need to be supervised to do your job. Taking initiative also exposes one to numerous opportunities. In modern times, organizations have a need for employees who can take initiative and think on their feet by finding solutions to problems without necessarily being coerced into taking action. Initiative is an important skill that can be developed. The following examples are ways on developing initiative;
1. Develop a career plan
2. Gain some confidence in your self
3. Self assess to work on your weaknesses
4. Develop the skill of spotting opportunities for growth
