I’m terms of production, what best describes the difference between capitalism and socialism?

ma Rich purchased 100 shares of Stockits, Inc.'s $1 par value common stock from Stockits for $5 per share. Which statements are

vivado [14]

The correct options for Which statements are true regarding the effect of this transaction on Stockits' financial statements are B. Stockholders' equity on the balance sheet increases. C. The financing activities section of the statement of cash flows increases.

Equity is something invested in the company by using its owner or the sum of the entire belongings minus the sum of the company's general liabilities. E.g., common stock, additional paid-in capital, favored inventory, retained income, and the amassed different complete earnings.

For most companies, high stockholders' equity shows more stable finances and greater flexibility in case of an economic or financial downturn. information stockholders' equity is one way that buyers can learn about the monetary health of a firm.

Your question is incomplete. Please read below for the missing content.

ma Rich purchased 100 shares of Stockits, Inc.'s $1 par value common stock from Stockists for $5 per share. Which statements are true regarding the effect of this transaction on Stockits' financial statements? (Select all that apply.)

A. A gains will be reported on the income statement.

B. Stockholders' equity on the balance sheet increases.

C. The investing activities section of the statement of cash flows increases.

D. The financing activities section of the statement of cash flows increases.

E. Stockholders' equity on the balance sheet decreases.

Learn more about Equity here brainly.com/question/1957305

#SPJ1

4 0

2 years ago

Which of the following measures the length of time it takes to acquire, sell and replace inventory?

Kobotan [32]

Answer:

b. number of days' sales in inventory

8 0

3 years ago

Read 2 more answers

Landis Company is preparing its financial statements. Gross margin is normally 40% of sales. Information taken from the company'

tatiyna

Answer:

$5,000= ending inventory

Explanation:

Giving the following information:

Gross margin is normally 40% of sales.

Sales= $25,000

beginning inventory= $2,500

purchases= $17,500

First, we need to determine the cost of goods sold:

COGS= 25,000*0.6= 15,000

Now, using the following formula, we can calculate the ending inventory:

COGS= beginning inventory + cost of goods purchased - ending inventory

15,000= 2,500 + 17,500 - ending inventory

5,000= ending inventory

5 0

3 years ago

Each year, a cyber cafe charges its customers a base rate of $25, with an additional $0.30 per visit for the first 50 visits, an

Debora [2.8K]

Answer:

$42.2

Explanation:

The base rate is $25

The first 50 visits cost $.30 per visit. The total for the first 50 visits will be:

50 X $.30

= 50 x 0.30 =$15

After the first 50 visits, the customer pays $.10 per visit. The no. of visits after 50 will be 72- 50.

Costs after 50 visit will be 22 X .10

=22 x .10= $2.2

The total amount the customer will pay is $25 + $15 + $2.2

=$42.2

6 0

3 years ago

McCloy-Hill, a well-known law firm in California, adopts a regular practice of documenting its client-related data daily in an e

REY [17]

Answer:

Structural Capital

Explanation:

Based on the information provided within the question it can be said that the intellectual capital that this data represents is a Structural Capital. This refers to assisted infrastructure, processes, and information databases within the firm that allows human capital to function, and always stays within the same firm regardless of changes in management and employees.

8 0

3 years ago