Assume a corporation issues 5,000 shares of $7 par common stock for a building with an unknown value. The corporation's stock is trading at $8.50 per share. What is the appropriate journal entry?
a. Common Stock is debited $35,000, Paid-in Capital in Excess of Par-Common Stock is debited $7,500 and Building is credited $42,500.
b. Building is debited $35,000, Common Stock is credited $35,000.
c. Building is debited $42,500, Common Stock is credited $35,000 and Paid-in Capital in Excess of Par-Common Stock is credited $7,500.
d. Building is debited $42,500, Common Stock is credited $35,000 and Gain on Sale of Stock is credited $7,500
e. Building is debited $42,500, Common Stock is credited $35,000 and Accounts Payable is credited $7,500.
c
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Productivity measures include ______.
A. inventory turnover ratios B. multifactor productivity measures C. acid test ratio D. earnings before interest and tax
Answer the following statement(s) true (T) or false (F)
1. A factory’s capacity is the maximum number of units that it can produce in a set period of time. 2. Significant changes to capacity can be achieved in the short term. 3. Airlines often practice capacity sharing through the use of code-sharing of flights. 4. Increasing facility capacity can drive and improve a company’s economies of scale.
Put the eight steps in order and describe how you would use the Harvard Negotiation Project’s 8-Step Process for Leaders to Use when giving feedback to a team member as a leader of that team. Seek advice from each other; Create a test to see if the problem is what you thought; Create solution options, prototypes, and countertypes; Both parties must agree on the proposed solution; Determine standards for the solution; Work to sustain the change and establish accountability; Share what might persuade each other in viewing the situation and other potential solutions; Test solutions and determine the best path forward.
What will be an ideal response?
Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa
costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years. If the account earns 10% per year, what is the amount of each deposit? A) $79,885 B) $32,947 C) $34,286 D) $72,623