X-Co issued 1,000 shares of its 5%, $100 par value, cumulative preferred stock for $100 cash per share. The journal entry to record this event includes a ______. (Check all that apply.)

Answers

Answer 1

Answer:

- $100,000 debit to cash

- $10,000 credit to preferred stock

- $90,000 credit to additional paid-in capital


Related Questions

a manufacturer conducts marketing research and estimates that consumers will accept a price of $50 for a pair of sunglasses. if the manufacturer expects to offer trade discounts of 40/10 to retailers and wholesalers, what price will the manufacturer receive for the sunglasses?

Answers

Answer:

72983

Explan my not telling

Why should the ar grazing system be good in the profession of farming or domesticating the goats or sheep.DISCUSS.​

Answers

Answer:

the point of the grazing system is to

allow vegetation and soil a resting time to recover, and sometimes also to improve vegetation conditions so this will be good for goat and sheep because they will have more grass

Plz help
Which investment strategy would work best if you wanted to make a lot of
money quickly?

A. Low risk, high return
B. High risk, low return
C. High risk, high return
D. Low risk, low return

Answers

Answer:

a. because if your risking small your return is still higher it doesn't matter if you risk acouple time and lose some because when your getting your return it's more then what you risked (I think)

Answer:

high risk high return.

Explanation:

A full-length mirror cost $144. 99 when the CPI was 163. What will a full-length mirror cost when the CPI is 211, to the nearest cent? a. $305. 93 b. $214. 59 c. $187. 68 d. $88. 95.

Answers

Answer:

187.68

Explanation:

Cost:CPI

144.99:163

x:211

because we mulitplied 163 by 1.2944 to get to 211 we do the same thing to 144.99

144.99*1.2944=187.6864417

how many barrels of oil are used per day in the u.s. 2021

Answers

Answer:

about 18.19 million barrels


Sometimes the government will step in when they feel the need to encourage competition in
a particular industry and to break up companies that have nearly complete control over a
particular market. What is it called when the government initiates action against companies
that appear to have too much power?










A.consumer protection
B.OSHA
C.monopolies
D.antitrust suits

Answers

When the government has to break up these big businesses with most or all control they are called monopolies but the work of the government action is D.antitrust suits

The main reason for considering nonconstant growth in dividends is to allow for _____ growth rates over _____.

Answers

Based on the economic and financial analysis, the main reason for considering nonconstant growth in dividends is to allow for "Supernormal" growth rates over "some finite length of time."

This is because, in nonconstant growth, the growth rate cannot surpass the mandatory return indefinitely.

However, there is the probability that it could do so for some number of years.

Also, it should be noted that in this situation, the value of the stock equates to the present value of all the future dividends.

Hence, in this case, it is concluded that the correct answer is supernormal and some finite length of time.

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How do you think investing relates to wealth inequality?

Answers

If the interest rate were lower and a lower interest rate tends to discourage saving and hence investment

Why can't two live as cheaply as one these days?

Answers

Answer:

Hello ccraft89!

Based on this qualitative retrospective, I’d say “two can live as cheaply as one” has not been true for us, and it’s even possible that we have increased overall.  The saying that “two can live as cheaply as one”—at one time seriously suggested to couples hesitant to marry because of financial concerns—would produce only eye-rolls

-I Hope this helps Have an awesome day

~ Chloe Marcus <3

The saying "Two can live as cheaply as one" suggests that living expenses can be shared and reduced when two individuals are living together.

However, in contemporary times, there are several factors that can make it challenging for two people to live as cheaply as one. Here are a few reasons:

1. Housing Costs: Housing is typically one of the largest expenses for individuals or couples. While sharing a living space can help reduce costs compared to living separately, the overall cost of housing remains significant. Rent or mortgage payments, property taxes, utilities, and maintenance expenses are still substantial, regardless of the number of occupants.

2. Individual Expenses: Even when living together, individuals still have their own personal expenses, such as clothing, personal care items, transportation, healthcare, and entertainment. These expenses are separate and can add up, increasing the overall cost of living for a couple compared to an individual.

3. Lifestyle and Preferences: Each person may have different preferences and priorities when it comes to spending money. It can be challenging to align spending habits and find a balance that suits both individuals. Different interests, hobbies, or preferences for dining out, travel, or entertainment can contribute to higher overall expenses.

4. Inflation and Cost of Living: Over time, the cost of goods and services tends to increase due to inflation and changes in the economy. This can impact the overall cost of living for both individuals and couples. Expenses such as groceries, healthcare, education, and transportation may rise, making it more difficult for two people to live as cheaply as one.

5. Financial Responsibilities: Couples may have shared financial responsibilities, such as joint bills, debt obligations, or family commitments, that can increase the overall cost of living compared to an individual. These responsibilities can include supporting children, caring for aging parents, or other financial commitments that require additional resources.

While living together can certainly provide some cost savings through shared expenses, various factors contribute to the overall cost of living for both individuals and couples. The saying "Two can live as cheaply as one" may not hold true in modern times due to these factors and the complexities of managing individual and shared expenses.

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A 40-year old taxpayer has owned a Roth IRA for more than 5 years. A $10,000 distribution will be considered nonqualified if the distribution was ______.

Answers

Answer:

Your answer would be , ''used to pay for higher education expenses''

Explanation:

A _____ is a retirement program in which employees are promised a pension amount based on age and years of service.

Answers

Defined Benefit Plan or a pension plan

Frusciante, Inc. , has 290,000 bonds outstanding. The bonds have a par value of $1,000, a coupon rate of 7 percent paid semiannually, and 8 years to maturity. The current YTM on the bonds is 7. 5 percent. The company also has 10 million shares of stock outstanding, with a market price of $23 per share. What is the company’s market value debtâ€"equity ratio?.

Answers

Frusciante, Inc.'s market value debt-equity ratio is 1.35.

Data and Calculations:

Outstanding bonds = 290,000

Bonds par value = $1,000

Outstanding bonds value = $290,000,000 (290,000 x$1,000)

Coupon interest rate = 7%

Maturity period = 8 years

Current YTM = 7.5%

Market price per bond = $1,071 ($1,000 x 7.5%/7%)

Market price of bonds = $310,590,000 ($1,071 x 290,000)

Outstanding common stock = 10 million shares

Market price per share = $23

Market value of common stock = $230 million ($23 x 10,000,000)

Market value debt-equity ratio = 1.35 ($310,590,000/$230,000,000)

Thus, Frusciante, Inc.'s market value debt-equity ratio is 1.35.

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Judy and Amy are having lunch together and decide to split the bill equally. Amy ordered more expensive items than she normally would because she is ______ price sensitive when sharing the cost.

Answers

Amy ordering more expensive foods and deciding to share the bill means

she is less price sensitive .

Less sensitivity of price usually occurs when there aren't available

substitutes for a particular product. Amy and Jude visits the restaurant for

lunch  in which the price here is always fixed with no alternatives.

This makes Amy order the food regardless despite the idea of sharing the

cost with the other party. This thereby means that she is less sensitive to the

price when sharing the cost.

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Question 3 of 10
What is the main purpose of a credit bureau?
A. To consolidate credit card debt
B. To collect and report credit information
C. To get borrowers the best interest rate
D. To provide easy credit
SHIRE

Answers

Credit bureaus provide some of the information creditors and lenders use to help them make important lending decisions. While credit bureaus collect credit information in order to make it available to certain third parties, the decision to deny or approve someone credit ultimately lies with the lender or creditor.

The main purpose of a credit bureau is B. To collect and report credit information

What is the purpose of the credit bureau system?

It collects information from a wide variety of financial and nonfinancial entities, including microfinance institutions and credit card companies, and provides comprehensive consumer credit information with value-added services such as credit scores to private lenders.

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When you put money into a checking account, you fill out a

signature card

reconciliation form

deposit slip

bank statement

Answers

Answer:

I believe it's deposit slip.

Explanation:

A deposit slip gives the bank the information it needs, in order to handle your money properly.

Hope this helps :)

For the underwriting of a municipal bond issue, competitive bids are submitted by underwriters as A) a best efforts underwriting commitment. B) a standby underwriting commitment. C) an all-or-none commitment. D) a firm commitment.

Answers

B a standby underwriting commitment.

What are an employees legal rights that would prevent an employee from terminating an employee?

Answers

Employees may not be discriminated against on the basis of race, sex, gender, sexuality, skin color, religion, or any characteristic that is unrelated to their performance of the job.

"Wrongful termination is when an employee is fired illegally. This occurs when an employee is terminated because of discriminatory practices in the workplace, when a company violates public policy in the process of terminating the employee, or when a company's own guidelines for termination were not followed."

When determining a product mix where there is a constraint resource, a company should consider ________.

Answers

it is advisable that a company considers the contribution margin per unit of the constraint resource when determining the product mix.

The Product mix refers to the complete set of products offered by the firm.

The constrained resource means the resources that a firm have a limited amount of.

Therefore, it is advisable that a company considers the contribution margin per unit of the constraint resource when determining the product mix.

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what is the best way to start a business

Answers

Explanation:

THE BEST WAY TO START BUSINESS IS TO FIRST COLLECT RESOURCES WHICH U WANT IN BUSINESS

AND THEN USE UR CAPITAL AND INVEST IN IT

AND IM SURE U WILL GET BEST RESULT

does anybody know this \
Mark the statement that is NOT true.

The president is also known as the chief executive.
The executive department is divided into 15 divisions.
The executive branch mainly enforces federal laws.
The president is also known as the chief of state.
The "Beltway mentality" is a desired goal of every presidential administration.

Answers

Answer:

False

the first one, option A

Beltway mentality NOT true.

When a company recognizes a cash revenue event that is subject to state sales tax, the balance in the Cash account increases by ______ the amount of revenue.

Answers

Answer: more than

Explanation:

Since their is a tax rate , it will get added on to the cash which would make it MORE THAN the actual amount

The cvs extra care card is an example of a ________, which is specifically designed to retain customers by offering premiums or other incentives to customers who make multiple purchases over time.

Answers

Based on business strategy, the cvs extra care card is an example of a loyalty program which is specifically designed to retain customers by offering premiums or other incentives to customers who make multiple purchases over time.

A loyalty program is a common strategy in business. The seller or producer creates to motivate customers to shop or return to purchase their goods or services.

Loyalty programs often include discounts on the current price or getting the point to make a purchase.

Hence, in this case, it is concluded that the correct answer is "Loyalty program."

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The process of determining the maximum allowable cost for a product and developing a profitable prototype is called ______.

Answers

The answer is Target costing
Can I have brainliest

Well-defined property rights, low transaction costs, and resources that naturally gravitate toward the highest-valued function describe the theorem.

Answers

The Coase therom.

Explanation:

The well-defined property rights, resources that inevitably drift toward the highest-valued function, and low transaction costs, are all defined by the Coase theorem.

What is the Coase theorem?

The Coase theorem in law and economics describes the economic effectiveness of a financial decision or results in the presence of externalities. According to the theory, regardless of how property is initially distributed, bargaining will result in a Pareto optimal solution if trade in an externality is feasible and transaction costs are sufficiently low.

In reality, Coasean negotiation may be hindered by roadblocks or vaguely defined property rights. Commonly credited to Nobel Prize winner Ronald Coase is this "theorem."

Ronald Coase won the 1991 Nobel Memorial Prize in Economic Sciences for this 1960 study and his 1937 paper on the nature of business.

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which phase of the goals-based strategic planning involves an in-depth analysis of the company and its competitors?

Answers

Considering the business planning strategies, the phase of the goals-based strategic planning that involves an in-depth analysis of the company and its competitors is "Analyze the situation."

This is because, during this stage, firms can carry out an analysis that is often called SWOT analysis.

This allows the business firms to carry out the analysis on their own strength, weakness, and then opportunities and threats of their competitors.

Some other the phases of the goals-based strategic planning include the following:

Set direction;Define strategies;Deploy plan

Hence, in this case, it is concluded that the correct answer is "Analyze the situation."

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What is the net change in non-cash working capital that would appear on the cash flow statement given the following: i) Increase in cash of $500 ii) Increase in accounts receivables of $800 ii) Decrease in inventories of $350 iv) Decrease in prepaid expenses of $225 v) Increase in PP&E of $950 vi) Increase in accounts payable of $400

Answers

Answer:

$175

Explanation:  

The change in non-cash working capital that would appear on the cash flow statement is calculated as:      

Increase in accounts receivable                              -$800

Decrease in inventories                                             $350

Decrease in prepaid expenses                                  $225

Increase in accounts payable                                    $400                              

                                                                                  ______                    

Change in Non-Cash Working Capital  --)                  $175

Hope my answer is helpful :)

The net change in non-cash working capital that would appear on the cash flow statement is $175.

Increase in accounts receivable                              ($800)

Add Decrease in inventories                                    $350

Add Decrease in prepaid expenses                         $225

Add Increase in accounts payable                           $400                        

Change in Non-Cash Working Capital                      $175

Inconclusion the net change in non-cash working capital that would appear on the cash flow statement is $175.

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In January 2020, Ford Co. purchased a patent from a research institution for $400,000. The patent was estimated to have a useful life of 12 years. In December 2021, Ford Co. defended the patent in legal proceedings and successfully retained rights of ownership of the patent. The estimated life of the patent did not change from its original estimate. Legal expenses were $32,000. Determine the carrying value of the patent on December 31, 2021. Note: Carry all decimals in calculations; round the final answer to the nearest dollar

Answers

The carrying value of Ford Co.'s patent on December 31, 2021, is equal to $362,424.

Data and Calculations:

Cost of patent purchased in January 2020 = $400,000

Estimated useful life = 12 years

Annual amortization expense = $33,333.33 ($400,000/12)

Accumulated Amortization on December 31, 2020 = $33,333.33

Carrying value on December 31, 2020 = $366,666.67 ($400,000 - $33,333.33)

Capitalized legal expenses to defense title = $32,000

New value of patent = $398,666.67 ($366,666.67 + $32,000)

Remaining useful life of patent = 11 years

New annual amortization expense = $36,242.42 ($398,666.67/11)

Carrying value of patent on December 31, 2021 = $362,424.25 ($366,666.67 - $36,242.42)

Therefore, the accumulated Amortization on Dec. 31, 2021 is $69,575.75 ($33,333.33 + $36,242.42).

Thus, the carrying value of Ford Co.'s patent on December 31, 2021 is equal to $362,424.25 ($400,000 + $32,000 - $69,575.75).

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Explain the difference between “Why me “ sales and “Why “ sales ?

Answers

Explanation:

There’s no way to overcome selling to the right person at the wrong time.

Timing — like so many other aspects of buyer qualification — is a critical component of your sales process.

But how do you know if now is the right time? It’s not difficult to find out. And in this article, I’ll give you a method, specific questions to ask, and a strategy to determine just how motivated your client is.

what steps are involved in the strategy formulation process?

Answers

Answer: Aspects of Strategy Formulation.

Define the organization and its environment.

Define the strategic mission.

Define and set the strategic objectives.

Define the competitive strategy.

Implementation of strategies.

Evaluate progress and effectiveness.

Explanation:

How has BBC’s Children in Need performed against each of the measures of success

Answers

Answer:

How has BBC’s Children in Need performed against each of the measures of success

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