Eagle Ridge, inc. issued 40 shares of $20 par value stock to its accountant in full payment for her $900 fee for assisting in setting up the new company. The entry for the issuance of the stock is a

a. debit to paid-in capital in excess of Par-Common for $100
b. debit to Common Stock for $800
c. credit to Common Stock for $800
d. credit to Common Stok for $900

Answers

Answer 1

The journal entry for the issuance of the stock for issue of 40 shares at a par value of $20, will affect a credit to Common Stock for $800.

What is a journal entry?

The process of maintenance of systematic and chronological records of financial transactions during a given financial period is known as a journal entry.

Hence, option C holds true regarding the journal entry.

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Related Questions

Which is the best description of authorized shares?

Answers

The best description of authorized shares is he total amount of shares that can be publicly traded.

What are shares?

Shares are refers as  common equity interest in a firm. Dividends from any earnings the business may make are payable to shareholders.

Authorised shares is refers as number of shares legally permitted  to offer to investors. It also helps to decide how many of  shares are available to issue to investors.

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Mr. Ananta Jalil has received a job offer from a large investment bank as an assistant to the vice
president. His base salary will be $35,000. He will receive his first annual salary payment one year from
the day he begins to work. In addition, he will get an immediate $10,000 bonus for joining the company.
His salary will grow at 4 percent each year. Mr. Jalil is expected to work for the next 5 years. What is the
present value of the offer if the discount rate is 12 percent?
[Hints: Mixed cash flow]

Answers

The present value of the offer is $145,466.83

What is the present value?

The first step is to determine the present value of the growing annuity. The formula that would be used is:

[tex]\frac{P}{r - g}[/tex] x [tex][1 - \frac{1 + g}{1 + r} ^{n} ][/tex]

Where:

p = base salary r = discount rate g = growth raten = number of years

$35,000 / (0.12 - 0.04) = 437,500

1 - (1.04/0.12)^5 = 0.31

0.31 x 437,500 = $135,466.83

Present value =  $135,466.83 + $10,000 =  $145,466.83

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Which of the following is an example of a financial asset?

A. Cash

B. Accounts receivable

C. Goodwill

D. An ordinary share

Answers

Answer:

A. cash

Explanation:

cash is used in finance

How do I cancel my payment plan?

Answers

The person can cancel the payment plan by giving the bank to stop payment order.

What is Payment Plan?

A term payment plan entails getting equal monthly payments over a predetermined amount of time.The time periods is predefined as the after the expiry of the period payments are not been made.

By instructing the bank to halt payments, the person can cancel the payment schedule.

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Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts that Goodwin is likely to pay its first dividend three years from now. She expects Goodwin to pay a $2.50000 dividend at that time (D₃ = $2.50000) and believes that the dividend will grow by 13.00000% for the following two years (D₄ and D₅). However, after the fifth year, she expects Goodwin’s dividend to grow at a constant rate of 3.66000% per year. Goodwin’s required return is 12.20000%. Fill in the following chart to determine Goodwin’s horizon value at the horizon date (when constant growth begins) and the current intrinsic value. To increase the accuracy of your calculations, do not round your intermediate calculations, but round all final answers to two decimal places.

Answers

Goodwin’s horizon value at the horizon date when the constant growth begins equals $38.7481 and the current intrinsic value equals $27.1393.

What is a horizon value?

This refer to the value of an asset beyond the forecasted period when future cash flows can be estimated

What is a current intrinsic value?

This refers to the current perceived or true value of an asset.

Therefore, the horizon value at the horizon date when the constant growth begins equals $38.7481 and the current intrinsic value equals $27.1393.

Note: The calculations leading to the final answer of horizon value and current intrinsic value is explained in the attached image.

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Describe a specific example of how social networking sites can communicate a positive image of a person to a potential employer.​

Answers

Answer:

1. Visibility

2. Networking

3. Opportunity

Explanation:

1. Visibility

People searching for jobs can market themselves online by creating online profiles that highlight any skills or special talents and making themselves easily searchable to recruiters and companies.  

2. Networking

By making themselves visible online, people have the opportunity to network with others in their field on a global level opening up endless possibilities for themselves.

3. Opportunity

Using social media creatively can give a person an opportunity in a new field that may not be reflected in their resume. (Ex: a person would like to be a product designer but spent their career as an accountant can show off their skills in their professional profile).

What makes a good manager

Answers

Good mangers achieve hard-working, productive and effective workforces and they attract exceptional staff and they add to profits and reduce costs.

The length of a picture is 18.25 inches shorter than twice the width. If the perimeter of the picture is 119.5 inches, find its dimensions.

Answers

An expression is defined as a set of numbers, variables, and mathematical operations. The length and the width of the picture are 33.75 inches and 26 inches, respectively.

What is an Expression?

In mathematics, an expression is defined as a set of numbers, variables, and mathematical operations formed according to rules dependent on the context.

The length of a picture is 18.25 inches shorter than twice the width. Therefore,

L = 2W - 18.25 inches

If the perimeter of the picture is 119.5 inches, therefore, the perimeter of the picture is,

Perimeter = 2(L+W)

119.5 = 2(2W - 18.25 + W)

119.5 = 2(3W-18.25)

119.5 = 6W - 36.5

156 = 6W

W = 26

Now, the length of the picture will be,

L = 2W - 18.25

L = 2(26) - 18.25

L = 33.75 inches

Hence, the length and the width of the picture are 33.75 inches and 26 inches, respectively.

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According to this credit report, how many accounts has Lillie had sent to collections?

Answers

Answer:From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account. What is a credit report? This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.

Explanation:

which of the following statements accurately describes a quality performance feedback session? a. supervisors must establish mutual trust and be vulnerable to challenges from the employee. b. it will not create stress for supervisors or employees. c. supervisors should begin the session with negative feedback to get it out of the way early. d. critical feedback is unnecessary and should be avoided.

Answers

Option A, in which supervisors must build mutual trust and be open to employee challenges, is the appropriate response to this.

What is feedback?

When a system's outputs are used again as inputs in a cause-and-effect circuit or loop, this is known as feedback. The system is said to feed back on itself in this case.

Educator, Sponsor, Coach, Counselor, and Director are the five primary supervisory responsibilities.

Hence, option A is correct.

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What is a metric when it comes to data analysis? Please provide a definition.

Answers

Answer:

Metrics are the numbers you track, and analytics implies analyses and decision making. Metrics: What you measure to gauge performance or progress within a company or organization. Your most important metrics are your key performance indicators, or KPIs.

Explanation:

• Highlight the negative externalities that might occur in the South African Economy, due to the Russian Ukrainian war​

Answers

Various the negative externalities such as food scarcity , racsism , price hike , etc might occur in the South African Economy, due to the Russian Ukrainian war​.

The negative externalities might occur in the South African Economy, due to the Russian Ukrainian war​ beacuse:

Around 20% of students in Ukraine are African, and they claim to often face racism and prejudice.Through food imports and tourism, African economies are connected to those of Russia and Ukraine.Without proper access to imports of wheat, corn, and oil, food prices and global food insecurity are likely to rise, having a significant impact on North Africa, since Egypt alone buys 70% of its wheat from Russia and Ukraine.The two main categories of how the links between African countries and the eastern European countries at war would affect the continent are the economy and vulnerable citizens, but both categories are intricately intertwined.As humanitarian organizations rely on wheat and cereal grains for famine assistance, areas of Africa that are already on the verge of starvation are also at risk. The Democratic Republic of the Congo, Madagascar, Ethiopia, South Sudan, and Chad are among the nations on the continent that the UN has designated as hunger hotspots because they are in danger of becoming hungry and need access to such aid commodities.

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people's values always stay the same throughout life

Answers

It is false that people's values always stay the same throughout life because they can change due to experiences.

What are the values?

This concept is used to refer to principles that regulate our behavior and ideas about life and other people. For example compassion makes us help those in need.

Do values stay the same?

While some values can stay the same during all life, some of them change due to experience or level of maturity, for example, someone who was honest as a child might not be honest as an adult.

Note: This question is incomplete; here is the missing part:

People's values always stay the same throughout life

True

False

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Modern mixed economies that include free market principles as well as active
government regulation of the economy are based on the theories of ____ .
a.) AS
b.) JMK✅
c.) MF
d.) Karl Marx

Answers

The theory of Adam Smith and Karl Marx leads to creation of a Modern mixed economies that include free market and active government regulation.

What is Adam Smith and Karl Marx theory?

Adam Smith created the Capitalism economic system while Karl Marx created the socialism economic system.

Hence, the combination gave birth to Modern mixed economies that include free market principles as well as active government regulation.

Therefore, the Option A & D is correct.

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How much money can an employer deduct if you accidentally damage or destroy something while working?

Answers

Answer:

The cost of the item that was destroyed.

Why do businesses grow

Answers

Answer:

Most firms seek to become bigger – increasing sales and market share. Firms can grow through internal expansion, external growth (merger) or diversification into related industries. The motives for increasing in size can include: Greater sales lead to greater profit, making the firm more attractive to shareholders.

Assess critically the relevance of scientific management to present-day organizations. Illustrate your answer with reference to existing organization in your area To what extent is there anything positive to be said for bureaucratic structures? Select a large-scale organization of your choice and suggest ways in which it displays characteristics of a bureaucracy What are the main conclusions that can be drawn from the Hawthorne experiments? Discuss critically the relevance of these experiments for management and organizational behavior today Evaluate the application of the systems approach to the analysis of work organizations. Suggest an example of a work situation in which the systems approach might be appropriate​

Answers

Scientific management influences current organizations by emphasizing the rational organization of work and the need for employee selection and training.

What is scientific management?

It is a theory proposed by Taylor on the rationalization of work through the study of time, to generate greater optimization of spaces, movements and standardization in the organization, increasing the systematization of the processes that would generate the ease in the execution of the work, the reduction of time and waste.

Therefore, current organizations are influenced by scientific management due to the appreciation of human capital in the competitive environment, with the need for employee specialization and training to maintain innovation and market positioning.

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Guji company had the following amounts of assets and liabilities at the beginning and end of last year:
Assets Liabilities
Beginning of the year………………Br.75,000 Br. 30,000
End of the year….……………………120,000 46,000
Determine the net income or net loss of Guji for the year under each of the following unrelated assumptions:
Owner made no additional investment and withdrew no amount during the year
Owner made no additional investment but withdrew Br.17,500 to pay for her personal expenses
Owner withdrew no amount during the year but made additional investment of Br. 32,500 cash.
Owner withdrew Br.17,500 and invested Br.25,000 cash during the year.​

Answers

$32300 is the net income of Guji for the year under each of the following unrelated assumptions.

Explanation:

Total assets=Total liabilities +Total equity

Beginning equity=(231,000-96500)=$134500

Ending equity=(262,000-78400)=$183600

Ending equity=Beginning equity+Issue of common stock+Net income-Dividends

183600=134500+23500+Net income-6700

Net income=(183600+6700-134500-23500)

=$32300.

Thus, $32300 is the net income.

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What's the key difference between term life insurance and straight-life insurance?
The value of a term life insurance policy may go up or down, but the value of a
straight-life insurance policy is always constant.
Term life insurance is cheaper than straight-life insurance, but it cannot be
renewed.
Term life insurance has no cash value at the end of the term it's bought for.
Term life insurance is generally more expensive than straight-life insurance, but
it generally offers much more.

Answers

The main difference between term life insurance and straight-life insurance is Term life insurance has no cash value at the end of the term it's bought for.

What is term life insurance?

This is a life insurance policy that allows you to cover our life for a period of time. It is often cheaper than the straight-life insurance policy.

Term life insurance has a drawback however which is that it has no cash value at the end of the term. The insurance company will simply take all the cash that one has paid and give nothing back.

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Total quality management nike

Answers

Answer:

babytron solos

Explanation:

babytron better

Ruskin has a $150,000 cash balance on both its ledger balance and its available bank balance. If Ruskin receives a check and deposits it in its checking account, funds are not made available on this particular check for 2 days. What is the float amount?

Answers

Answer:

Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.

What is the float amount?

The float amount is the amount that a customer's account reads in the bank at a particular point in time.

The float amount is usually briefly counted twice due to time gaps in registering a deposit and processing the paper checks.

Thus, if Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.

The definition of entrepreneurship holds the promise of...

Answers

Answer:

Growth, unlimited expansion and long-term financial gain.

Defendant Mcpherson owned property adjacent to the first presbyterian church and wanted to build a gas station on the property. The church sued arguing that the operation of the station would constitute a nuisance. The lower court found that the unusual noises emanating from the station would interfere with the church’s operation to such a an extent that it would be a nuisance and therefore granted the pre permanent injunction. On appeal do you believe the injunction was upheld why or why not ?

Answers

The court did not uphold the injunction because the property on which Mcpherson wants to build the Gas station that belongs to Mcpherson has the right to build a gas station on that so Mcpherson challenged this decision any upper court.

What is an Injunction?

An injunction is a legal order requiring a person or entity to either cease doing or else start doing some specific action or task.

Thus, in this case, Mcpherson can challenge the lower court's decision in the upper court that prevents him from making a gas station on land that belongs to him.

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briefly describe micromarketing and explain what weakness it shares
with mass media advertising.

Answers

Micromarketing is a type of advertising that focuses on appealing to a small, niche market. Micromarketing is the direct marketing of goods or services to a specific consumer base.

It has the following weakness with mass media advertisement:

It is more time consuming as in micromarketing you first have to identify the customer base and then target only themIt incurs higher costs as to target only specific audience traditional methods can't be used and it increases the costThere's always a possibility of targetting wrong audience or not able to identify the correct customer base which can result all the money and time invested to go in vain

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Understanding that business organizations can be extremely diverse, identify and explain management strategies to promote motivation and communication

Answers

Some management strategies to promote motivation and communication are encouraging group work and having effective communication channels.

Why are motivation and communication important?

These two elements make sure employees give the best of themselves and can report/solve problems efficiently.

How to promote these elements?

Some strategies that can be used are:

Group work: If employees work together in projects they are more likely to communicate; also, this increases motivation as work is shared.Communication channels: This makes employees they can easily and effective communicate with subordinates, colleagues and superiors in different situations.

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How should Jamba Juice compete

Answers

In order for Jamba Juice to compete effectively, it should consider: The expansion of the chain's culinary offerings throughout all mealtimes—breakfast, brunch, lunch, and dinner—by:

refranchising current outletsstarting international expansionestablishing a retail presence with branded CPGs, andlicensing.

What is competition?

Competition is the business practice of playing in the same market with another company that offers similar services while contesting for the same market share.

The above recommendation is known as a competitive strategy. See the attached for the full case study of Jamba Juice.

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Managers will invest in Human Resource Management only if, human resource practices such as developing
staff, and communication will result in greater profits. Discuss.

Answers

Managers will invest in Human Resource Management only when it brings about greater profit to the organization.

What is human resources management?

It should be noted that human resources management simply means the efficient and effective management of people in an organization.

In this case, managers will invest in Human Resource Management only when it brings about greater profit to the organization. This can be done through the training of the employees, etc.

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What was the opening price of Dow Jones Industrial Average on May 16, 2017 in the format of XXXXX.XX?

Answers

The Opening price of the Dow Jones Industrial Average on May 16, 2017, in the format of XXXXX.XX was 20,984.48.

The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States.

So, Dow Jones was 20,984.48 on May 16, 2017.

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The conventional retail inventory method is based on

Answers

Answer:

the relationship between a product's cost and its retail price. This method is used by businesses to get an idea of the cost of goods they have on-hand at the end of a particular reporting period.

Explanation:

Answer:

the relationship between a product's cost and its retail price

What is a pain point of operations as a Freelancer that Fiverr helps alleviate?

Answers

The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.

What are financial constrain?

This is known to be when a person or firm lacks money to run their basic activities.

Note that Fiverr has eliminate the stress of looking for a job and as such, The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.

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HELP ME !!!!!!! Which of the following best describes a single fixed point that is the samedistance from the parabola as the directrix is from the parabola?A. center B. vertex C. focusD. locus ANSWER QUICK!!!!!!!!!! Help me with this question please!! :) Please answer all four of the questions please I will mark u brainliest I couldn't distinguish the original_____ the fakeA toB byC fromD with The Scooter Company manufactures and sells electric scooters. Each scooter cost $150 to produce, and the company has a fixed cost of $2,000. The Scooter Company earns a total revenue that can be determined by the function R(x) = 400x 2x2, where x represents each electric scooter sold. Which of the following functions represents the Scooter Company's total profit? 2x2 150x 2,000 2x2 + 250x 2,000 2x2 + 150x 1,600 300x3 4,000x2 + 60,000x + 800,000 g(t)=2.0.4^t for t = -2 Which key details belong in an objective summary of Black Boy?Select Yes or No for each detail.Details Yes NoWrights mother puts unnecessary pressure on her young sons to grow up quickly after her husband leaves the family. Yes Wrights mother puts unnecessary pressure on her young sons to grow up quickly after her husband leaves the family.No Wrights mother puts unnecessary pressure on her young sons to grow up quickly after her husband leaves the family.Wrights father disappears and the family are forced to adjust to a new way of life. 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Assume that an adjusting entry was made on november 30 for earned, but unpaid employee salaries of $260 which represented 2 days of salaries earned for november 29-30. on december 5, the employees are paid for five days. record the journal entry on december 5 assuming that reversing entries are used by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns. Here are the guide questions aligned with the three elements 1. What is the main figure in the artwork?2. What are the materials or objects used by the artist? 3. What is the main element of the artwork? The initial period of population growth for a species in an environment is _______. a. linear b. exponential c. slow d. negative Please select the best answer from the choices provided A B C D are no longer just considered hospitals and physicians. 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