Microsoft receives a cash payment in advance for cloud services is an example of

On September 1, Ziegler Corporation had 53,000 shares of $5 par value common stock, and $159,000 of retained earnings. On that d

Nady [450]

Answer:

No entry is made for this transaction

Explanation:

Given:

The liability side of a balance sheet:

In this scenario, Ziegler Corporation split his shares, a 2-for-1 stock split.

According to company law, there is no Particular entry will be made for split share, because it has no impact on the total equity amount.

Only a memo entry will be created to recognize this type of transaction.

3 0

3 years ago

What do you think about the value of trend watching for supporting marketing decision-making? Would it be relevant in your busin

Katena32 [7]

Answer: TREND WATCHING HELPS MARKETERS TO PREPARE AND PREVENT THE RECURRENCE OF NEGATIVE IMPACTS ON THE BUSINESS.

TREND WATCHING IS RELEVANT IN BUSINESS.

TO PREVENT AND PREPARE FOR POSSIBLE MARKET RISKS.

Explanation:Trend watch is a process through which an analysis is carried out to understand the existing situations in a business Environment and make adequate preparation or take steps aimed at controlling any possible risk .

Trend watch is very relevant as it prevents a business entity from losses and it helps Businesses to prepare for and control possible risks,most Marketing Organisations usually do trend watching in order to improve overall performance and profits.

6 0

3 years ago

Song earns $100,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $20,000 of tax).

Brut [27]

a. If Song earns only $75,000 in taxable income, the government's tax revenues will be $18,750 ($75,000 x 25%) and <u>a. Government's tax revenues would decrease by $1,250.</u>

b. The term that describes this type of reaction to a tax rate increase is <u>d. Income effect.</u>

c. The taxpayers that will likely respond in this manner are <u>b. Taxpayers with more disposable income.</u>

<h3>Data and Calculations:</h3>

Song's taxable income per year = $100,000

Average tax rate = 20%

Tax liability per year = $20,000 ($100,000 x 20%)

<h3>New Tax Regime:</h3>

Tax rate = 25%

New taxable income of Song = $75,000

Tax liability = $18,750 ($75,000 x 25%)

Thus, if the tax rate is increased from 20% to 25% forcing Song to reduce his taxable income to $75,000, <u>a. Government's tax revenues would decrease by $1,250.</u>

<u />

Learn more about taxable income at brainly.com/question/10137785

5 0

2 years ago

On its December 31, 2017, balance sheet, Calgary Industries reports equipment of $390,000 and accumulated depreciation of $78,00

ycow [4]

Answer:

For equipment = $430,000

For accumulated depreciation = $104,000

Explanation:

The solution of balances for equipment and accumulated depreciation is shown below:-

balances for equipment and accumulated depreciation

Particulars Equipment Accumulated depreciation

Beginning balance $390,000 $78,000

Add:

Addition $84,000 $32,000

Less:

Disposition ($44,000) ($6,000)

Balance $430,000 $104,000

7 0

3 years ago

A local college of business offers an outstanding graduate business school education program. Marissa pays the tuition to attend

rewona [7]

Answer:

Yes, it was a marketing exchange

The payment made of the tuition was exchanged for the knowledge that led Marissa to the new paid and satisfactory job.

Explanation:

Given that changing means taking one thing for another, in the context of marketing, we understand by exchange relationship an act of communication where the parts involved (two or more) make the offer and reciprocally deliver something of value ( comparison with other objects) and useful (measure of the satisfaction obtained when receiving something of value) that passes to the other part.

3 0

3 years ago