Question 4 (2 points)
Burnell organized his gift shop, Ebony Artifacts, as a corporation. He created 500
shares of stock, each worth $100. Burnell held 360 of the shares for himself. He sold
the rest in equal amounts to seven investors. How many shares does each investor
own?

Answers

Answer 1

Answer:

Each investor has 20 shares (worth $2,000.)

Explanation:


Related Questions

Hi guys, help me please.
Using a structured approach to decision making and the facts in the scenario above,
explain and evaluate the long term funding options available to the company to
finance their planned new division. (this is the quesion)
Scenario
PCP Ltd, established in 1990, manufactures optical instruments for markets in the UK
and the USA. Since 2007, their market in the USA has been in decline, due to an influx
of lower precision, cheaper supply from the Far East. Because of this, in 2009, PCP
decided to focus on supplying specialist optical products for use in Medical procedures
and research, opening a specialised manufacturing division based in Chicago. This
division has performed well, even though the costs of supporting management and
supply functions from the company HQ in the UK have been higher than was anticipated
in their original return calculations, which employed only NPV to establish the viability of
investment in the division. The company is now considering the development of a further
new division to research and develop new optical medical technology, following recent
market research data which indicated that the medical technology market is growing
across the developed world. PCP Ltd has not declared a cash dividend since 2017,
although a stock dividend was issued in 2020.

Answers

Explanation:

Hi guys, help me please.

Using a structured approach to decision making and the facts in the scenario above,

explain and evaluate the long term funding options available to the company to

finance their planned new division. (this is the quesion)

Scenario

PCP Ltd, established in 1990, manufactures optical instruments for markets in the UK

and the USA. Since 2007, their market in the USA has been in decline, due to an influx

of lower precision, cheaper supply from the Far East. Because of this, in 2009, PCP

decided to focus on supplying specialist optical products for use in Medical procedures

and research, opening a specialised manufacturing division based in Chicago. This

division has performed well, even though the costs of supporting management and

supply functions from the company HQ in the UK have been higher than was anticipated

in their original return calculations, which employed only NPV to establish the viability of

investment in the division. The company is now considering the development of a further

new division to research and develop new optical medical technology, following recent

market research data which indicated that the medical technology market is growing

across the developed world. PCP Ltd has not declared a cash dividend since 2017,

although a stock dividend was issued in 2020.

You are reviewing the capital structure of your business. You find that your business is financed with 70% cash and 30% debt.
Your required rate of return for your business is 10%.
Your debt cost is 7%
You are in the 20% tax bracket.
Explain the weighted average cost of capital?
What if you used 80% debt and 20% cash? What would be your new WACC?
How would using more debt in this example affect your profitability as a business?

Answers

The meaning of weighted average cost of capital is simply the mean cost of attracting investors, whether bondholders or stockholders.

WACC = 0.0868 WACC'' = 0.0648

What would be your new WACC?

Generally, for 30% Debt and 70% Cash,  the Cost of Debt after is mathematically given as

X= 0.07 * (1 – 0.20)

X= 0.056

Therefore

WACC = (0.70 * 0.10) + (0.30 * 0.056)

WACC = 0.0868

In conclusion,  for 80% Debt and 20% Cash

WACC'' = (0.20 * 0.10) + (0.80 * 0.056)

WACC'' = 0.0648

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a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation

Answers

Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.

Tax multiplier

Using this formula

Tax multiplier=-MPC/1-MPC

Where:

Marginal propensity to consume (MPC)=0.67

Let plug in the formula

Tax multiplier=0.67/1-0.67

Tax multiplier=0.67/0.33

Tax muitiplier=2.03

Inconclusion the tax multiplier for this nation is: 2.03.

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E9-14 (Algo) Computing and Reporting the Acquisition and Amortization of Three Different Intangible Assets [LO 9-6] Bluestone Company had three intangible assets at the end of the current year: A patent purchased this year from Miller Company on January 1 for a cash cost of $3,200. When purchased, the patent had an estimated life of 8 years. A trademark was registered with the federal government for $6,000. Management estimated that the trademark could be worth as much as $160,000 because it has an indefinite life. Computer licensing rights were purchased this year on January 1 for $66,000. The rights are expected to have a six-year useful life to the company. Required: Compute the acquisition cost of each intangible asset. Compute the amortization of each intangible for the current year ended December 31. Show how these assets and any related expenses should be reported on the balance sheet and income statement for the current year

Answers

a) The computation of the acquisition cost of each intangible asset for  Bluestone Company is as follows:

Acquisition Costs:Patent = $3,200Trademark cost = $6,000Computer licensing rights purchased = $66,000

b) The computation of the amortization of each intangible asset for  Bluestone Company is as follows:

Amortization Expense for the current year

Patent = $400 ($3,200/8)Trademark cost = $0Computer licensing rights purchased = $11,000 ($66,000/6)

c) The way that these intangible assets and their related expenses should be reported on the balance sheet and income statement for the current year ended December 31, for Bluestone Company, is as follows:

Bluestone Company

Balance Sheet

As of the Current Year ended on December 31

Intangible Assets:

Patent                                       $3,200

Less Amortization Expense       $400       $2,800

Trademark cost                                          $6,000

Computer licensing rights  $66,000

Less Amortization Expense $11,000     $55,000

Bluestone Company

Income Statement

For the Current Year ended on December 31

Amortization Expenses:

Patent           $400

Computer licensing rights $11,000

Data and Calculations:

January 1 Purchase of Patent = $3,200

Estimated useful life = 8 years

Trademark cost = $6,000

Trademark value = $160,000

Estimated useful life = Indefinite

No amortization expense but an annual reassessment of its value

Computer licensing rights purchased = $66,000

Estimated useful life = 6 years

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PLEASE HELP ME I WILL MARK BRAINLIEST

Answers

Answer:

try taking a better picture I can really see your assignment

Explanation:

sorry

When bonds are issued at their face amount, the journal entry will include a __________ to __________.

a. credit; Premium on Bonds Payable
b. debit; Discount on Bonds Payable
c. credit; Cash
d. credit; Bonds Payable

Answers

D. Credit; bonds payable

Saying "We can certainly look at replacing your phone with a refurbished model" rather than saying "Unfortunately, we can't replace your
phone with a new one." is an example of
a. assertive communication
O b. escalating the interaction
O c.active listening
O d. maximizing positive language

Answers

Answer:

Explanation:

Maximizing Positive Language.

We are saying we can do something - perhaps not what the customer wants, but it is something. That's saying what you can do, not what you won't. Answer A

You are not actively listening. You are talking. Not C

You are not being assertive. You are trying to negotiate. Not A

The second choice (escalating the interaction) would be what the second response would be doing. It's almost a rude statement. Not B

Please select the word from the list that best fits the definition


Requires accuracy and privacy of information contained in credit reports.

Answers

Answer:

they contains main

primary credit report

Sheffield Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at a cost of $1,031,600. At December 31, 2020, the raw materials to be purchased have a market value of $978,300. In 2021, Sheffield paid $1,031,600 to obtain the raw materials which were worth $978,300. Sheffield uses a periodic inventory system. Prepare the entry to record the purchase.

Answers

The journal entry to record the purchase of the raw materials by Sheffield Company is as follows:

Debit Purchases $1,031,600

Credit Accounts Payable $1,031,600

To record the purchase of the raw materials in 2021.

The December adjusting entry can be revised with:

Debit Estimated Liability $53,300

Credit Unrealized holding Loss $53,300

To reverse the December 31 adjusting entry.

What is an unrealized holding loss?

In this instance, the unrealized holding loss arose from the fact that the market value of the raw materials is less than the purchase amount because of the noncancelable commitment.

Thus, the unrealized holding loss arose as the difference between the market value and the purchase amount.

Data Analysis:

Purchases $1,031,600 Accounts Payable $1,031,600

Estimated Liability $53,300 Unrealized holding Loss $53,300

Thus, the entry to record the purchase is a debit to the purchases account and a credit to accounts payable.

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You work for a Public Relations Consultancy that has been approached by the German company DHL to assist with their Public Relations activities in Southern Africa.



1.1 Discuss any four (4) advantages for why DHL would make use of a local South African consultancy instead of their own PR department to help promote their new Veldskoen shoe collection.

Answers

The advantages for why DHL would make use of a local South African consultancy instead of their own PR department to help promote their new Veldskoen shoe collection is because:

The Local consultancy know more and can access a wider range  of talent pool in regards to the collectionThey will also have higher range of Experience as they are locally inclined and know more about the needs of the people there.It will help give a Fresh Perspectives to the product that is been introduce into the S.A. marketThere will be no  Language Barriers when communicating the product to the people.It will help tp Uncomplicate some processes that may arise due to the use of Foreign PR.

What does it mean to work local consultancy ?

When you work with a local consultancy, it means that you are using the local police, or firm to aid the sales of your product or services.

Note that the use of , local consultancy will help get your product faster to the people as they know more about the market than foreign PR department.

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You realize that your growing company needs to increase the division of labor, standardization of work procedures, and written rules to be more effective. What organizational structure should you adopt

Answers

The organizational structure which should be adopted is the bureaucratic structure.

What is Organizational Structure?

This refers to the use of structure to organize a business or project, showing the chain of command or hierarchies.

Based on the fact that the company is growing and there is a need to increase the division of labor and standardization of work procedures, and written rules to be more effective, then a bureaucratic structure is needed.

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ASSIGNMENT TEMPLATE
Identify one economic trend that is influencing Charles and Ebony's budget. Then, in your
own words, explain how it is connected with what you see happening in their
expenditures. (Your response should be 4-5 sentences.)
Remember, if you use any information or ideas from the webtext, be sure to add a citation
(and include quotation marks around any exact wording).

Answers

One economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.

What is an economic trend?

An economic trend is a pattern of economic activities, which are usually formed and interpreted by economists from some sets of data.

Inflation is defined as the general increase in the prices of basic goods and services, like transportation, health care, food, and housing.

Inflation digs holes in the purchasing power of individuals, businesses, and governmental bodies in an economic system.

Thus, one economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.

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Imagine you are the project manager for a team that has just finalized a project and released the product to the client. Now it is time to do an evaluation, and you know that when evaluating the success of a project, there are a number of important evaluation questions to ask. Make a list of five questions that you would include on your evaluation sheet. Make sure that each question is applicable to all people working on the project. Provide a brief explanation of why you would include each question.

Answers

Answer:

What progress has been made?

Were the desired project objectives achieved?

Do the project results justify the project inputs?

Is every team member satisfied with the result?

What could have been done better?

Explanation:

That's the answer I put.

For a project manager it is the duty and task of mine to monitor the things very carefully.

What is Project Manager?

Project manager is actually that person who actually plays an leading role in actually planning and executing the projects.

So the five question are-

What progress has actually been made?

Were the actual desired project objectives achieved?

Do the project results justify the overall project inputs?

Is every team member is merely satisfied with the result?

What could have basically been done better?

Therefore Project manager are responsible and accountable for the entire projects the overall project team.

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w snhu SNHU 107 Module Six Activity Template Complete all parts of this template by replacing the bracketed text with your responses and submit for grading and feedback. All personal mission statements, short-term goals, and feedback are examples. Revise the personal mission statement based on instructor feedback. Sample personal mission statement: "My mission statement is to, without a doubt, do great in every class I take so I can get my bachelor's degree. I want to work in business because it is rewarding. I hope to provide for my family and make the community better." Sample instructor feedback: "You are off to a good start with your mission statement, but please remember that it needs to be focused on what specifically you are working toward and why it is a passion for you. For example, it is important that your first sentence clearly defines what your major is and your proposed graduation date. Knowing this information gives you a GO A 1009 o a L OneDrive - Tulsa Co Desktop . -ch O​

Answers

People often have their own  mission statement. Mine, based on the template is written below;

"My mission statement is to be, without any ounce of doubt, to inspire humanity through fashion. I major in fashion and design and will be graduating June, 2023. I hope to create and offer mouthwatering designer gowns at a unique price. I want to create godly designs that could be won to offices, schools, and brings out the inner beauty inside of a person and also to be at  the pinnacle of fashion all over the world. I hope to inspire my world and be  someone of influence and affluence who strives to make her home and community better."

What is a mission statement?

This is known to be a a short statement that states the reasons why an organization, a brand etc., is founded.

It is known to be the overall goal is,  the kind of product/ service to offer  provides, it's geographical area of operation and other factors.

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Why does GAAP allow for unclear financial statements?

Answers

Answer:

GAAP in accounting helps businesses: Generally accepted accounting principles ensure businesses use a standard method to report financial information. Think of these principles as a rulebook that companies follow when creating financial statements (income statement, balance sheet, and cash flow statement).

Explanation:

Firms making a loss will compare the losses if it shuts down to the losses if it operates in the short run. What quantity will the firm produce if it shuts down in the short run

Answers

The quantity that would be produced by a firm that shuts down in the short run is zero units.

When would a firm shut down in the short run?

The short run is a period when at least one or more factors of production are fixed and the others are variable. In the short run, if the average variable cost is greater than the price, the firm should cease production. This means that zero units of output would be produced.

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Which of the following might negatively impact the recruitment process?

A. Lack of competition from other businesses

B. Working with a recruiting agency

C. Lack of available qualified job applicants

D. Too many qualified job candidates​

Answers

Answer:

Its answer C

Explanation:

If there aren't many qualified job applicants its harder for you to recruite people.

Your Reading Assignment for this week presented resources that introduce different career paths in accounting. For this week’s Written Assignment, research the various career paths in accounting and compose a paper that addresses the following: State which career path would you choose. Explain why you have chosen that career. Conduct research and provide information in the following areas based on your career path: job description salary growth rate future job outlook (in the next five years) strengths and weaknesses of the career. Include a current job posting for the career. within 6 months from this date

Answers

Assuming your chosen accounting career is that of a financial analyst, it is essential to carry out in-depth research on the role and responsibilities.

What does a financial analyst do?

It is the professional responsible for managing and planning the use of an organization's financial resources, in order to guarantee the profitability of investments and accounts, in addition to being responsible for the balance sheet and negotiations.

According to government sources, the salary growth rate of a financial analyst will be 6% in the period from 2020 to 2030, which is a positive outlook for the position, and a faster growth than other occupations.

Therefore, the financial analyst career is a position of responsibility that is relevant for all organizations as financial resources are essential for effective business flow.

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Based on the research, one of the career options is public accounting. The reason for choosing this is its higher growth rate as compared to others.

Public accountants work for accounting firms that provide services to clients such as auditing, tax preparation, and consulting.

According to the Bureau of Labor Statistics, the median annual wage for accountants and auditors was $73,560 in May 2020.

The employment of accountants and auditors is projected to grow 6 percent from 2019 to 2029, faster than the average for all occupations.

Public accounting provides a wide range of opportunities to work with different clients and industries. It also offers the potential for career advancement and a high salary, but it can be demanding, with long hours during tax season and tight deadlines. It may also involve a lot of travel.

For a current job posting in Public accounting, one can go through LinkedIn to see various jobs available right now.

Thus, Public accounting is a major job option in accounting subject.

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What do you think would be the most challenging part of working in advertising?Explain.

Answers

Answer:

coming up with ideas

Explanation:

I think so

Answer:

Choosing the Right Talent

Design agencies and service-based businesses sell the ‘hard work’ of their talented professionals. The agencies make arbitrage on talent by charging a markup on the time consumed by the designers.

Retaining Quality Talent

It is essential to open your borders and not limit the applicants just to your geographical area. The upside is that you get access to a bigger pool of applicants. There could be many challenges, which come with the chore of managing remote workers, but these challenges might be worth the trouble.

What Makes Your Agency Stand Out?

The model of creative agency usually has a poor barrier to entry. It might be easier for a group of people to get together and portray themselves as an ‘agency’.

Client Servicing

Creative agencies overlook the type of processes they are used to while managing projects. Though they don’t want to think in terms of structure, the result is that they end up with little processes. The inability to effectively manage projects can negatively impact an agency’s progress

Lead Generation

The first step in lead generation is to turn to clients who are fit for your agency. To confirm the same, you will have to start doing some research to find out who your targets are. Interview the best clients that you have already, and make a rough sketch of their background and goals.

You know these facts about a company’s prior calendar year: Beginning inventory: 100 units at $10 each. Ending inventory: 50 units at $9 each. Inventory purchased for resale during the year: $2,000. What can you calculate using this information?

Answers

The item that can be calculated using this information is cost of goods sold.

What is cost of goods sold?

Cost of Goods Sold (COGS) is what measure the direct cost incurred in the production of any goods or services. it is the cost of acquiring or manufacturing the products that a company sells during a period.

Cost of goods sold includes

The expenses of buying and preparing an item for saleIt is used to figure gross profit.It is an expense reported on the income statement and it is also called cost of sales.

Hence, the item that can be calculated using this information is cost of goods sold.

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Read Zoom Video Communications and discuss how Zoom Video Communications illustrate the sources of service sector growth by commenting on information technologi
7. Internet as an enabler, Innovation, and changing demographics

Answers

Zoom Video Communications is a platform that allows communication via the internet in real time, being a facilitating tool for business.

How does innovation impact business?

It allows internal and external improvements to be incorporated, such as the digital age for example, which through the internet has revolutionized the way business can be carried out, with real-time communication regardless of geographic location.

Demographic changes are also a process resulting from the innovations that made globalization possible, making multicultural environments and businesses more focused on diversity.

Therefore, information technology was the factor that simplified the business sector by enabling greater reliability and speed in processes, generating more competitiveness for industries.

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How can you distinguish between the main features of risk management in Islamic finance from the conventional practice of risk management?

Answers

The main difference between risk management in Islamic finance and the conventional practice of risk management is that the former is based on Sharia laws while the latter is based on checking credit history.

What is Risk Management?

This refers to the identification and control of threats to the long-term goals of a company.

Hence, we can note that in Islamic finance, there is a strict following of the provisions of finance in Islam which are the Sharia laws and they try not to engage in usury but the conventional practice of risk management makes use of modern methods like credit history and financial risk.

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The goal of ____ is____ - A operations, environmental B. delegation, institutional C. specialization, efficiency D. departmentalization, transparency​

Answers

The reason why we have specialization in businesses and other forms of life is for efficiency.

Why do we specialize?

When people specialize in a certain role, they are able to become better at that role because they will not be distracted by having to learn other skills and will instead focus on the skills they need to specialize.

This allows them to become more efficient in their area of specialization as they will then be more proficient and learn to produce results faster.

In conclusion, option C is correct.

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Fast Freight, an interstate trucking company, has had to raise price three times in the past year, significantly reducing sales

Answers

There's an increase in the fuel price which led to the increase in operating cost of the Fast Freight.

What is operating cost?

It should be noted that operating costs are the costs that are incurred by a business during production.

From the complete question, there's a increase in the fuel price which led to the increase in operating cost of the Fast Freight.

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activities your consultancy would create to help promote the Veldskoen by DHL.

Answers

You work for a Public Relations Consultancy that has been approached by the German company DHL to assist with their Public Relations activities in Southern Africa.

Which of the following about credit cards is FALSE?
Credit cards have annual fees, merchant fees, and interest charges.
Credit card interest rates are usually similar to the interest rates for a line of credit.
Banks will often set the credit card’s APR at 0% as an introductory rate to attract customers.
Banks will offer different incentives for using their credit cards.

Answers

Answer:

banks will often set the credit card's APR at 0% as an introductory rate to attract customers

Viral Marketing, Inc. reported last year's cost of goods sold of $120 million. Total assets increased by $50 million during the year, including an decrease of $10 million in inventory. Total liabilities increased by $60 million during the year, including an increase of $7 million in accounts payable. How much cash did the firm pay to suppliers

Answers

7million In all accounts

What does it mean to become a master adaptive learner and why is this important?


Please put a lengthy answer, this is a crucial question.

Answers

Answer:

Awnser below

Explanation:

The master adaptive learner model makes an important distinction between routine expertise—mastering performance to the extent that it becomes highly efficient and accurate, drawing on the specific knowledge and skills that an expert has learned over time—and adaptive expertise, which is based on the ideal that individuals will learn and innovate in response to practice challenges.

RST Company produces a product that has a selling price of $10 per unit and variable cost of $6 per unit. The company's fixed costs are $30,000. If the company sells 15,000 units, the degree of operating leverage is

Answers

The e degree of operating leverage of RST Company given its price, costs and quantiy sold is 2.

What is the degree of operating leverage?

The degree of operating leverage (DOL) measures the sensitivity of a company's operating income to changes in the demand.

DOL = [Q(P - V) ] /[ Q(P - V) - F]

Q = quantityP = priceV = variable cost F = fixed cost

[15000(10 - 6)] / [15000(10 - 6) - $30,000]

60,000 / 30,000 = 2

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Interest will gather on all of the
following EXCEPT which one?
A. a cash purchase
B. an automobile loan
C. a home loan
D. a credit card loan

Answers

A cash purchase is the correct answer.
C. a home loan . Is the answer
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Find X and y12, 16 Na Is this an element or a compound? Bell's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking to take over as the market share leader in the segment. Without sacrificing contribution margin, what can the Bell product manager do in order to improve upon the buying criteria, and thus potentially increase demand Find the surface area of a square pyramid with side length 2 km and slant height 2 km How did the Oregon Treaty of 1846 balance the incorporation of Texas into the United States? answer all 3 for brainliest HELP PLEASE I HAVE A TIME LIMIT the net for a pentagonal prism has 7 regions and 10 vertices. use Euler's formula to find the number of segments What is the adverb in the sentence the bird sang happily and loudly in the old tree but suddenly he chirped and flew speedily away help pls its due soon :/Chord AB subtends two arcs with measures in the ratio of 1:5. Line PQ is tangentto the circle at point B. Find the measure of the angle between the tangent and secant AB. Which of these is a variable expense?O payment for car insuranceO car paymentO rent for an apartment that has a O yearly leaseO entertainment a pentagon is shown what is the area, in square inches of the pentagon You have chosen from among The ILIAD's three characters, Achilles, Patroclus, and Priam, which one of the three you believe to be the most courageous and honorable man. You have defined the terms "honorable" and "courageous". What makes your choice of character the most courageous? What makes your choice the most honorable? Using specific examples from the text, justify why you believe your choice is more honorable and courageous than the other two. A) Thououghly compare the three characters and B) explain in depth, and in detail, the various things your character said or did that supports him as your choice A person sitting in a rolling chair at rest throws a basketball forward. Since the person and the rolling chair have a greater mass than the basketball, how will the person and the rolling chair respond?They will have the same forward momentum as the basketball. They will move backward at a lower speed than the basketball moves forward. They will move backward at a higher speed than the basketball moves forward. They will travel the same distance as the basketball travels but in the opposite direction How is life in urban areas different than in rural areas? Help me and answer correctly please and I will mark you brainliest!!! The hormone ________ signals feelings of fullness to the brain. What do you think equilateral means?? help I would really appreciate it tyy!! Einstein's theory of Relativity E=mc Identify three (3) general-purpose computing devices and write a short (no more than one page) essay explaining in detail the computing process