If the common stock account is $143,000 the shares issued is 71500 shares and shares outstanding is 59800 shares.
Shares issued and shares outstandingShares issued= Common stock account / par value per share
Shares issued = $143,000 / $2
Sharesd issued= 71500 shares
Shares outstanding = Shares issued - Shares in treasury
Shares outsatnding= 71500 - 11700
Shares outstanding=59,800 shares
Therefore the shares issued is 71500 shares and shares outstanding is 59800 shares.
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urgent please help!!!!! The Accounts Receivable balance for Company at December 31, 2023 was 29000 . During ,2024 the company earned revenue of 462000 on account and collected 324000 on account. the company wrote off 6000 receivables as uncollectible. Industry experience suggests that uncollectible accounts will amount to 2% of accounts receivable.
A. Assume the company had an unadjusted 2600 credit balance in Allowance for Bad Debts at 31, . Journalize 's the company's December 31, 2024 , adjustment to record bad debts expense using the percent-of-receivables method.
B. Assume the company had an unadjusted 1900 debit balance in Allowance for Bad Debts at December 31, 2024 . Journalize 's the company's December 31, 2024 , adjustment to record bad debts expense using the percent-of-receivables method.
A) The journal entry using the percent-of-receivables method is as follows:
Debit Bad Debts Expense $6,620
Credit Allowance for Uncollectible accounts $6,620
B) The journal entry using the percent-of-receivables method is as follows:
Debit Bad Debts Expense $11,120
Credit Allowance for Uncollectible accounts $11,120
What is the percent-of-receivable method?The percent-of-receivable method is one of the methods for making allowances for uncollectible accounts. Other methods include using an estimated percentage of the sales revenue and aging the accounts receivable
This method uses an estimated percentage of the receivables at the end of the financial period to compute the ending allowance for uncollectible accounts.
Data and Calculations:
December 31, 2023:
Accounts receivable
Beginning balance = $29,000
Revenue for 2024 = 462,000
Cash collected = (324,000)
Accounts written off = (6,000)
Ending balance $161,000
Allowance for uncollecdtible accounts = 2% or $3,220 ($161,000 x 2%)
A) Allowance for uncollectible accounts:
Beginning balance = $2,600 (credit)
Accounts written off (6,000)
Ending balance (3,220)
Bad debts expense = $6,620
Transaction analysisBad Debts Expense $6,620 Allowance for Uncollectible accounts $6,620
B) Allowance for uncollectible accounts:
Beginning balance = ($1,900)
Accounts written off (6,000)
Ending balance (3,220)
Bad debts expense = $11,120
Transaction AnalysisBad Debts Expense $11,120 Allowance for Uncollectible accounts $11,120
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True or False - In 2013, less than 83% of people filed their taxes electronically.
true
false
Answer:
false because it was 73 percent
Explanation:
it was 73 percent
Answer:true. Had to retake because of the wrong answer
Explanation:
Dodge has identified a hostile attribution bias that reactive aggressors display. In accord with the hostile attribution bias, reactive aggressors are likely to ___________________ hostile intent to a harmdoer when __________________
When someone identified a hostile attribution bias, the reactive aggressors are likely to overattribute hostile intent to a harmdoer when the harmdoer's intent is ambiguous.
What is a hostile attribution bias?
It means the person's tendency to interpret another people's behaviors as having a hostile intent depsite that the behavior is ambiguous or benign.
Hence, in this case of bias, the reactive aggressors are likely to overattribute hostile intent to a harmdoer when the harmdoer's intent is ambiguous.
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In order to comply with all hospitality laws, all hotels must have a full-service restaurant on the premises.
A. True
B. False
Answer:
b false this is the answer
A junior-level officer in a company is hoping for a promotion this year. He understands that only his reporting manager can recommend him for the promotion. Therefore, he starts to flatter his manager and praise his efficient operational methods. In the context of attraction, the junior-level officer is most likely exhibiting ________ in this scenario.
According to the given promotion situation, the junior-level officer is most likely exhibiting ingratiation in this scenario. So, ingratiation is the correct answer.
What is ingratiation?Ingratiating is a psychological method in which a person tries to influence someone else by being more pleasant to them.
Flattery, complying with the supervisor's opinion, and giving favors are all examples of ingratiation. Self-promotion entails accepting credit for accomplishments, bragging about accomplishments, and emphasizing links to other influential people.
Here, a Junior-level officer begins to flatter his boss and compliment his effective operating tactics on the exhibition of ingratiation.
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One reason that mark to mark pipettes have helped with biocontainment is:_______.
Answer:
Mark to mark pipettes allow the precision delivery of the required volume of liquids and minimize the need to forcibly expel all of the liquids from a pipette.
Explanation:
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Two types of market models that closely approximate many markets in the real world are.
The Two types of market models that closely approximate many markets in the real world are:
monopolistic competition oligopoly.What are market models?market models are models that describes how market are been runned in an economy.
These involve oligopoly which is a market characterized by a small number of firms who are interdependent in their pricing and output policies.
Conclusively, Monopoly also involves market where a single firm is been favored.
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What economic system focused on exports and acquiring precious metals?.
Answer: Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. Governments sought to ensure that exports exceeded imports and to accumulate wealth in the form of bullion (mostly gold and silver).
Explanation:
Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring in a permission slip. If a student wishes to go on the field trip, you must bring in a permission slip. If students wish to go on the field trip, he or she must bring in a permission slip. If students wish to go on the field trip, you must bring in your permission slips. If a student wishes to go on the field trip, he or she must bring in a permission slip?
Answer:
D- If a student wishes to go on the field trip, he or she must bring in a permission slip
Explanation:
it's right on edge 2022
The revision that eliminates the pronoun shift in the sentence below is If a student wishes to go on the field trip, he or she must bring in a permission slip. This is further explained below.
What is a permission slip?Generally, A permission slip is simply defined as a form that another institution sends home with a pupil and a parent in which the parent authorizes minors.
In conclusion, a permission slip is required as consent from the guardian.
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When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.
Answer:
the condition that has been reached is market equilibrium.
The essential processes required to transition arriving personnel, equipment, and materiel in theater into forces capable of meeting operational requirements are collectively known as
This process of moving personnel, equipment, and materials to meet operational requirements is known as:
Joint reception,staging, onward movement, IntegrationWhat is Personnel Management?This refers to the handling and administrative functions of making workers or personnel in an organization.
Hence, we can note that based on this essential process of moving personnel, equipment, and materiel in theater into forces capable of meeting operational requirements are collectively known as Joint reception, staging, onward movement and Integration
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A small open economy with a fixed exchange rate e2 is initially at equilibrium A with LM*1 and equilibrium output Y1. If there is an increase in government spending to the new equilibrium will be at _____, holding everything else constant.
If there is an increase in government spending, the new equilibrium will be at B holding everything else constant.
What is government spending?Government spending can be the defined as the money spent on goods and service or money spent by government to provide services to the public.
An increase in government spending will tend to lead to increase the demand of goods and service which inturn means that consumption expenditure will as well increase.
Inconclusion the new equilibrium will be at B holding everything else constant.
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Kosovski company is considering projects s and l, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and are not repeatable. If the decision is made by choosing the project with the higher irr, how much value will be forgone? note that under some conditions choosing projects on the basis of the irr will cause $0. 00 value to be lost.
Based on the cashflows of these projects and the IRR, the project with the higher IRR would be CFS and the value that would be foregone is $12.72.
What are the project IRRs?Using a spreadsheet, you can find the IRR of both projects to be:
CFS = 17.13%
CFL = 13.95%
What are the project NPVs?CFS NPV is:
= 675 / 1.0775 + 650 / 1.0775² - 1,050
= $136.31
CFL NPV is:
= 360 / 1.0775 + 360 / 1.0775² + 360 / 1.0775³ + 360 / 1.0775⁴ - 1,050
= $149.03
The value foregone by picking CFS instead of CFL is:
= 149.03 - 136.31
= $12.72
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The product life cycle impacts marketing strategies in which way?.
Answer:
The stage of a product's life cycle impacts the way in which it is marketed to consumers. A new product needs to be explained, while a mature product needs to be differentiated from its competitors.
Explanation:
The product life cycle influences marketing strategies by requiring companies to adapt their marketing efforts and strategies at each stage of the product's life cycle to effectively address changing market conditions and consumer needs.
What is marketing?Marketing is the process of identifying, promoting, and selling products or services to meet the needs and wants of customers, while achieving the goals of a business or organization.
It involves understanding consumer behavior, conducting market research, developing marketing strategies, creating and implementing marketing plans, and managing customer relationships to build and maintain a strong brand image and achieve business objectives.
The product life cycle impacts marketing strategies in several ways and a company may use different strategies to effectively promote and sell the product.
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Preferred stock ______. Multiple select question. will never be repaid does not pay dividends pays dividends in perpetuity pays a constant dividend
Preferred stock pays dividends in perpetuity and pays a constant dividend.
What is preferred stock?Preferred stock refer to a type of stock that is different from normal stock and offered the owners different ownership rights and it has a higher claim on assets and earnings than common stock
Therefore, Preferred stock pays dividends in perpetuity and pays a constant dividend.
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When media are privately owned, their major interest is profit making; when media are controlled and operated by the state, their major interest is
When media are privately owned, their interest is profit making; operated by the state, their major interest is:shaping values and providing a public service.
Private owned and public owned mediaIf a private company or organization owned a media such as broadcasting station or publishing house their aims is to make profit or generate revenue.
While on the other hand media own by the state are not for profit making but to provide free service to the public at large and to as well shape public values.
Inconclusion media operated by the state, their major interest is:shaping values and providing a public service.
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For each unit of a product, the direct material cost is $10, the direct labor cost is $15, and the manufacturing overhead is $16. The total unit product cost using activity-cased costing is ______.
Based on the direct material, direct labor, and manufacturing overhead, the total unit product cost is $41.
What is the product cost under activity-based costing?This refers to cost of producing a good based on the actual expenses incurred to produce the good.
In this case, it can be found as:
= Direct materials + Direct labor + Manufacturing overhead
Solving gives:
= 10 + 15 + 16
= $41
In conclusion, the total unit product cost is $41.
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Which is an example of an exchange rate policy that does not give the central bank the power to conduct countercyclical monetary policy
An example of an exchange rate policy that does not give the central banks and governments the power to conduct countercyclical monetary policy is the free-floating exchange rate.
What do you mean by monetary policy?Monetary Policy refers to the control of the money quantity that is available in the economy.
In a Free-floating exchange rate system, governments and central banks do not participate in the market for foreign exchange.
Thus, a free-floating exchange rate does not give the central bank to conduct a countercyclical monetary policy.
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A. al manara company sells its single product for $ 30 per unit . the contribution margin ratio is 45%; and fixed costs are $ 10,000 per month.
required
if al manara sells 1,000 units in the current month, what would al manara’s variable expenses be?
Based on the contribution margin ratio of the product, the variable expenses for the current month for Al Manara Company would be $16,650.
What are the variable expenses?The variable expenses per unit can be found as:
= Selling price x (1 - Contribution margin ratio)
= 30 x ( 1 - 45%)
= 30 x 0.55
= $16.50
The total variable expenses are:
= 1,000 x 16.50 per unit
= $16,650
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The most popular forms of ________ advertising are paid search, display (banner) ads, classified ads, and video. Multiple Choice pioneering advocacy television outdoor online
The most popular forms of online advertising are paid search, display (banner) ads.
What is Advertising?Advertising can be referred to as marketing communication strategy used in promotion of goods and services.
However, online advertising remain one of the famous advertising because more people are now having access to Internet on daily basis.
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If the Fed acts to reduce interest rates today, it may take _____ before aggregate demand and economic growth begin to respond significantly.
Answer:
($#8+329832728227827ijssiwhwiw
Franchisors agree to operate outlets in accordance with procedures prescribed by its franchisees. True false question. True False
It is a false statement that in a franchise agreement, the Franchisors agree to operate outlets in accordance with procedures prescribed by its franchisees.
What is a franchise?It is a business arrangement between Franchisor and the Franchisee whereby the Franchisor who is the original business owner sells the right to use its business name and idea to the Franchisee.
However, it is false that Franchisors agree to operate outlets in accordance with procedures prescribed by its franchisees because it is laying down procedure in the contract rather than following them.
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Which best describes why countries establish limits on international trade? choose three answers. to force domestic industries to sell higher quality goods to restrict foreign influence in a sector to restrict importation of a foreign good to lower the price of foreign goods to punish other countries
Answer:
B C E
Explanation:
Answer:
B, C, and E <3
Explanation:
What are some results if you don't use proper advertising or promotion?:
Answer:
Not using proper adverstising or promotion results in customers not being aware of the product leading to lower sales and failing of new products.
Explanation:
With a(n) ____ strategy, funds are allocated to bonds with a short term to maturity and bonds with a long term to maturity. Thus, this strategy allocates some funds to achieving a relatively high return and other funds to covering liquidity needs.
Using barbell strategy, funds are allocated to bonds with a short term to maturity and bonds with a long term to maturity.
What Is Barbell Strategy?The barbell strategy is one that explains that the best way to strike a balance between reward and risk is to invest in different high risk and no risk investment.
Therefore, barbell strategy allocates some funds to achieving a relatively high return.
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Describe how native advertising differs from traditional paid advertising and what is driving its growth. Is native advertising deceptive
Answer:
Native ads have been shown to perform better on mobile than those of traditional design as well. This is because in order to make an effective native ad, it has to be relevant to the content in which it is featured—unlike traditional ads that are placed on screen and don't necessarily match up with messaging.
Explanation :
Morgan is working on the compensation package for bank tellers. Bank customers like to see the same faces in the bank when they come in to talk about their money. Therefore, Morgan needs to find a way to reduce turnover among the tellers. Adopting a(n) ______ organizational philosophy on compensation might be a good idea. a. pay-for-performance b. below-the-market c. at-the-market d. pay-for-longevity
Morgan is working on the compensation package for bank tellers. Therefore, Adopting a pay for longevity organizational philosophy on compensation might be a good idea.
What do you mean by a bank?A bank refers to a financial institution that provides financial services to its customers.
As Morgan is working on the compensation package for bank tellers, bank customers like to see the same faces in the bank when they come in to talk about their money. Adopting a pay for longevity organizational philosophy on compensation might be a good idea.
Therefore, D is the correct option.
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.The Bank of King's Landing has made many loans to the lords of Winterfell. The Bank is considering whether they will benefit or not if the rate of inflation changed. Under which circumstance would the Bank realize an unexpected benefit
The Bank of King's Landing would realize an unexpected benefit when the actual rate of inflation is lower than the expected rate of inflation.
Effect of Change in Inflation Rate on LendingIn monetary economics, when the actual rate of inflation is lower than projected, the lender or bank benefits since it is similar to receiving a bonus.
The lender or the bank, on the other hand, will lose if the rate of inflation is higher than predicted.
As a result, when the actual rate of inflation is lower than the forecast rate of inflation, the Bank of King's Landing will gain unexpectedly.
The reason for this is that the amount they receive will be worth more than they anticipated when they made the loans to the lords of Winterfell.
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Budgeting information isMultiple Choiceconfined to managerial decisions.not confined to finances.restricted to dollars.inclusive of forecasting.found strictly in accountin
In accounting, the budgeting information are not confined to finances and are inclusive of forecasting.
What is a budgeting information?This means the information needed in the process of creating a plan to spend the revene of a firmu
The true statement about budgeting information includes that they are not confined to finances and are inclusive of forecasting.
Therefore, the Option B and D is correct.
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A retail business, owned by share holders and having centralized decision making for their multiple store locations is called:
O A. Corporation
O B. Franchise
O C. Private company
O D. Independent
A retail business, owned by shareholders and having centralized decision-making for its multiple store locations is called Corporation.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
Corporate refers to a group of large enterprises or a specific large company. For corporate clients as opposed to private ones, interest rates are greater.
Both the economy and business earnings are expanding. Corporate refers to a group of large enterprises or a specific large company.
Therefore, The right option (A) is correct.
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