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Anastasy [175]
3 years ago
13

A company sells 10,000 shares of previously authorized stock at the par value of $10 per share. What's the correct entry to reco

rd the transaction?
Business
1 answer:
vaieri [72.5K]3 years ago
7 0

The correct entry to record the transaction concerning the company's sale of 10,000 shares of previously authorized stock is <u>a debit to Cash of $100,000 and a credit to Common Stock $100,000</u>.

<h3>Data Analysis:</h3>

Number of shares sold = 10,000

Par value =$10 per share

Cash $100,000 Common Stock $100,000

Thus, the correct entry to record this stock sale is <u>a debit to Cash of $100,000 and a credit to Common Stock $100,000</u>.

Learn more about recording the issuance of stock here: brainly.com/question/25562729

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Which promotional issue is when promotion stimulates demand?
andriy [413]

In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.

  • For demand to be stimulated,  the customers needs are expected to be understood by the brands, and this is at the center of marketing communications.

We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.

Learn more at:

brainly.com/question/24591855?referrer=searchResults

6 0
2 years ago
The sea wharf restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspape
Andreas93 [3]
From what I understood in the problem, the total budget that covers all types of media is only $1,000 per month. For the allocation, each type of media would get at least 25% of the budget. If we infer on this information, there should only be 4 types of media, at least. This is because four 25% portions would equal to 100%. If it exceeds 25% for each of the four types, it would be over the $1000 budget. With that being said, it is also possible that there will be 3 or 2 types of media. Nevertheless, let's just stick to the least assumption of 25% for each of the 4 types.

If local newspaper advertising is one of the four types, then:

$1000(25%) = $250

It would get $250 from the overall budget.
5 0
3 years ago
The 2019 balance sheet of Dyrdek’s Skate Shop, Inc., showed $530,000 in the common stock account and $2.3 million in the additio
Tju [1.3M]

Answer:

$80,000

Explanation:

The  \ expression \  for \  calculating \  cash  \ flow  \ to  \ stockholders \ is:

Cashflow  \ = \  Dividend  \ paid  \ during \  the \  year  \ -  \ change  \ in  \ t he \  value  \ of \  common  \ stock  \ during \  -  \ change \ in \ value \  of \ stock \ in \ the  \ previous \  yearHere;

Change \  in \  value  \ of \  Common  \ stock \ during  \ the  \ year \ = \ Value \ of \  Common \ stock \  of  \ the  \ Curren t \ Year -  Value\  of  \ Common  \ stock  \ of  \ the \ Previous \  Year

Change   \ in  \ valu e \  of  \ Additional \  paid  \ in  \ surplus \  account \  during  \ the \  year =

Value  \ of  \ Additional \ paid  \ in \  surplus \ account \ o f \  the  \ Current \  Year \ - \ Value \  of \ Additional \  paid  \ in \ surplus \  account \  of \ th e \ Previous \  Year

From the information given:

Dividend \ Payment  \ during \  the \  year 2020 = $320000

Value \  of  \ stock \  in \  current  \ yr= i.e. 2020 = $570000

Value \ of \ stock \ in \ previoius \ yr = i.e. 2019 = $530000

Change = $570000 - $530000 = $40,000

Value  \ of \  Ad ditional \  paid-in  \ surplus   \  acct  \ of    \ the  \ current  \ year = $2,500,000

Value  \ of \  Ad ditional \  paid-in  \ surplus   \  acct  \ of    \ the  \ previous  \ year = $2,300,000

Change = $2,500,000 - $2,300,000  = $ 200000

∴

By  \ using \  the  \ above \  information \ in \  the \  formula  \ for  \ calculating  \ the  \ cash  \ flow \ to

\ stackholder, \  we \ get:

= $320000 - $40,000 - $ 200000

= $80,000

4 0
3 years ago
Which of the four costs relevant to aggregate production planning is the most difficult to accurately measure?
xxTIMURxx [149]

Answer:

Backordering Costs.

Explanation:

This is the correct answer I hope this helps.

6 0
3 years ago
Take example to evaluate how luxury brands create symbolic value to global consumer​
MaRussiya [10]

Explanation:

because of the popularity

4 0
3 years ago
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