False: To account for an economy as a whole, net exports must equal net capital outflow times minus one.
What do net exports entail?The sum of the country's exports and imports is its net export value.
What is a formula for net exports?The recipe for net commodities is a straightforward one: The worth of a country's all out send out labor and products short the worth of the relative multitude of labor and products it imports equivalent its net commodities.
Why is the number of net exports negative?A nation's trade deficit is represented by a negative net export figure. This indicates that the country's imports have a greater total value than its exports. A nation with a trade deficit spends more money than it makes in a foreign market.
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in the context of adler's individual psychology, refers to an individual's attempt to overcome imagined or real inferiorities or weaknesses by developing one's own abilities. compensation sublimation repression fixation
In the context of Adler's Individual Psychology, compensation refers to an individual's attempt to overcome imagined or real inferiorities or weaknesses by developing one's abilities. Adler's Individual Psychology focuses on the individual as a whole. The correct option is A.
What is Compensation?According to Adler, people are primarily motivated by their feelings of inferiority, which arise from their perception of themselves as lacking in some way. As a result, individuals strive to overcome these feelings of inferiority by developing their abilities.
Compensation is the attempt to compensate for or overcome feelings of inferiority by developing one's own abilities. Individuals can compensate for their perceived weaknesses or shortcomings by developing their strengths.
This can lead to the development of an exaggerated sense of self-worth or an inflated ego. However, it can also be a positive way to address feelings of inadequacy and improve self-esteem.
Therefore, the correct option is A.
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An article in a newspaper explains that a new business is about to open.
Answer:
So what's the question......??????
Which of the following are steps in the Incident Reporting Process? (select all that apply)
review by management
develop changes in care
enact changes in care
record the incident
Answer:
review by management
develop changes in care
enact changes in care
record the incident
Review by management, develop changes in care, enact changes in care, record the incident are the following steps in the Incident Reporting Process.
What is Process?A process is a set of decisions and actions used to carry out work. Although we may not be aware of them, processes are present in every sphere of our lives, including work and leisure.
Employees who get sick or hurt at work are given the treatment and help they require thanks to an incident reporting mechanism. In order to manage and improve preventive measures, it also helps with the recording and tracking of incidents.
Therefore, all the steps are the part of Incident Reporting Process.
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Information regarding income levels, education, occupation, and ethnic groups in your target market is called
A. product-based research
B. advertising information
C. demographics
D. secondary research
Answer:
Option C. Demographics
Explanation:
Demographics are a population section of a particular target market depending upon specific demographic information which differentiates this section from other section population. These demographics mostly includes location, family status, occupation, education level, etc.
question content area the weighted average cost method will always yield results between fifo and lifo. true false quizzlets
The weighted average cost method will always yield results between FIFO and LIFO. This statement is False
The weighted average cost method calculates the average cost of inventory over a period of time, by dividing the total cost of goods available for sale by the total units available for sale. This method does not depend on the order in which inventory was purchased or sold, unlike the FIFO (first-in, first-out) and LIFO (last-in, first-out) methods. Therefore, the weighted average cost method can yield different results from FIFO and LIFO, depending on the changes in inventory costs and quantities.
The selection of inventory costing method can have a significant impact on a company's financial statements and tax liabilities. The FIFO method assumes that the first units purchased are the first units sold, and the ending inventory consists of the most recent purchases. This method can result in higher cost of goods sold (COGS) and lower ending inventory value during inflationary periods, which can lower the company's taxable income and net income. The LIFO method assumes that the last units purchased are the first units sold, and the ending inventory consists of the earliest purchases. This method can result in lower COGS and higher ending inventory value during inflationary periods, which can increase the company's taxable income and net income.
The weighted average cost method can be a compromise between FIFO and LIFO, as it smooths out the impact of price fluctuations over a period of time. However, this method may not accurately reflect the actual cost of goods sold or ending inventory value, especially if there are significant changes in purchase prices or quantities. For example, if a company purchases a large quantity of inventory at a lower price, the weighted average cost will be reduced, but the FIFO method would result in lower COGS and higher ending inventory value than the weighted average cost method. Similarly, if a company purchases a large quantity of inventory at a higher price, the weighted average cost will be increased, but the LIFO method would result in higher COGS and lower ending inventory value than the weighted average cost method.
Therefore, the choice of inventory costing method depends on various factors such as the nature of the business, the inventory turnover rate, the price fluctuations, and the tax regulations. It is important for companies to understand the implications of each method and select the most appropriate method based on their specific circumstances.
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
Please help Sunflowerssk i need you please Answer as fast as you can
What are examples of plagiarism? Choose Plagiarism or Not Plagiarism.
Answer:
option 1- plagiarism
option 2- not plagiarism
option 3- plagiarism
option 4- plagiarism
option 5- not plagiarism
option 6- not plagiarism
Explanation:
Plagiarism is using someone else's work without giving credit to the original or claiming it as your own.
Answer: There are the 6 answers for the answer key to each of the following "Plagiarism" or "Not Plagiarism" sentence statements based on the "True" or "False" statement:
For sentence statement #1: "Copying the text from a book or website word for word without using the quotation marks.", the option to this sentence statement is "Plagiarism". For sentence statement #2: "Taking the notes from the website.", the option to this statement sentence is "Not Plagiarism". For sentence statement #3: "Presenting the other's idea as your own without citing your sources.", the option to this sentence statement is "Plagiarism". For sentence statement #4: "Using a picture that you found on a website and presenting it as your own.", the option to this sentence statement is "Plagiarism". For sentence statement #5: "Using a famous picture in a presentation with the picture title, the artist name, and the date in the corner of the slide.", the option to this sentence statement is "Not Plagiarism". And last but not least is for sentence statement #6: "Using the facts from a website in a presentation and citing the source of this information.", the option to this sentence statement is "Not Plagiarism".Explanation: Here are the 5 important explanation reasons why you can't recommend yourself to use plagiarism:
Plagiarism means you steal and pass off someone else's creative ideas and claim your own work assignment as your own without giving the proper credit to the original. Plagiarism is serious consequences and is also a violation of the principles of academic integrity. Plagiarism could have more serious consequences: you could get a failing grade, the teacher will send you to the principal's office for dismissal, in-school or out-of-school suspensions, hour after-school detention or possibly an expulsion for receiving "F" for your own entirely class. Plagiarism also means stealing intellectual property. And last but not least is cheating is the same as plagiarism.I hope my explanation answer about the "Plagiarism" or "Not Plagiarism" Sentence Statement that is based on the "True" or False" Sentence Statement is very helpful to your own question and have a great day! :D
Sincerely,
Jason Ta,
The Ambitious of The Brainly And The Role of The TDSB And The WHCI Student of The High School.
how auditors can best protect themselves from litigation when an assurance client has a significant, undiscovered misstatement
Auditors are extremely significant individuals because, in the end, it is up to them to improve the credibility of financial statements for all different types of external users.
They may be held accountable for their actions in both civil and criminal court, just like other professionals.
Despite all the other cases that are still undiscovered, many fraud cases would have gone unnoticed if independent and qualified auditors hadn't been present. According to the code of professional conduct, auditors must exercise due caution when conducting their work. "Prudent person" refers to someone who takes reasonable care.
Due consideration typically means four things:
To evaluate financial statements, the auditor needs to have the necessary skills.The auditor owes it to the public to use this skill with reasonable care and diligence.The auditor performs his or her duties in good faith and with integrity, but he or she is not faultless.The auditor could be held accountable for negligence, malfeasance, or dishonesty but not for simple mistakes in judgment.Learn more about Auditors, here
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NO HACKERS!!!!!!!!!!!!! I NEED HELP URGENTLY!!!!!!! I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!
If there will be one manager, six computer programmers, two sales representatives, and one administrative support position at the new location of GoldStar Technology, would an open or closed office layout design be preferable? Why?
PLEASE HELP!!!!!!!!!!!
Answer:
An open office
Explanation:
There are not that many employees, therefore, means there is not a lot going on.
Definition:
A closed office offers relative privacy and quiet. An open office is where an entire floor, or certainly a large room, holds all of the firm's employees, separated only by desks,
with the workers generally sitting alongside one another. There are no internal walls in an open office, and consequently, no barriers.
14) Business ethics is concerned with all of the following exceptA) distinguishing between ethical decisions that arise in a business setting.B) distinguishing between moral decisions in a business setting.C) moral and ethical principles that might arise in a business setting.D) societal issues such as the sale of products or services that may damage the environmentE) any special duties or obligations that apply to persons engaged in commerce.
Business ethics is concerned with all of the following except distinguishing between ethical decisions that arise in a business setting. Thus, option A is the correct answer.
Business ethics is mainly based on the moral decisions between the members of the company and also they are always based on the principles written based on issues faced previously.
In Business ethics, companies try to work for the welfare of their customers as well but they do not focus on profits and sales. The community gets the benefit to a larger extent when firms start working for it by acting upon marketing ethics. Some people argue that marketing ethics is just a way to increase the number of sales but in all cases, the larger community also gets benefits from it.
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Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.
-tasks
-skills
-tools
-qualifications
Answer:
are a - tool - construction workers use
Suppose that a manager is managing a portfolio whose benchmark is the Barclays Capital Intermediate Aggregate Index, which has duration of 4.68. Suppose the market value of the portfolio on March 31, 2018 was $48,559,815. The portfolio duration is 2.97. Suppose the portfolio manager seeks to follow a duration matched strategy and therefore the portfolio’s target duration is the benchmark duration.
Explain how this can be done with the buying or selling of a $100,000 5-year Treasury note futures contract at price $112.79, and dollar duration of $6022. Show all calculations.
(10 marks)
The portfolio manager should sell 1362 Treasury note futures contracts with a dollar value of $136,200,000 to achieve a duration match with the benchmark.
To implement a duration-matched strategy, the portfolio manager aims to adjust the portfolio's duration to match the benchmark duration. In this case, the benchmark duration is 4.68, while the portfolio duration is 2.97.
To calculate the change in portfolio duration, we can use the formula:
Change in Duration = (Portfolio Duration - Benchmark Duration) * Portfolio Value
Change in Duration = (2.97 - 4.68) * $48,559,815 = -$8,206,705.95
Now, let's calculate the number of Treasury note futures contracts required to offset this duration mismatch:
Number of Contracts = Change in Duration / Dollar Duration per Contract
Number of Contracts = -$8,206,705.95 / $6,022 = -1362.82
Since the number of contracts cannot be negative, the portfolio manager needs to sell 1362 contracts.
To calculate the dollar value of the futures contracts, we multiply the number of contracts by the contract size:
Dollar Value of Contracts = Number of Contracts * Contract Size
Dollar Value of Contracts = 1362 * $100,000 = $136,200,000
Therefore, the portfolio manager should sell 1362 Treasury note futures contracts with a dollar value of $136,200,000 to achieve a duration match with the benchmark.
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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?.
The error will be declared as overstated.
What is overstated?
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
Auditors will question the board of directors of the corporation to explain why non-current assets in the accounts were exaggerated and not represented at their recoverable amount.
Preproduction expenses for the fiscal year 2010 were inflated by almost $4 million, totaling $55.4 million.
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
The phrase "overstated" has two meanings when used by an accountant:
1. The reported sum is inaccurate, and
2. The amount that was reported exceeds what is true or accurate.
Another account will also have an inaccurate balance in a double-entry accounting or bookkeeping system.
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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?
Which of the following is the "riskiest" investment?
a. а CD
b. a blue-chip stock
c. a growth stock
d. a corporate bond
Answer:
d
Explanation:
The point at which supply equals demand is called
Answer:
equilibrium
Explanation:
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Tyler cannot afford to hire a sales person for his small business but feels personal selling is the best way to encourage prospects to become customers.You remind him that:_____
Answer:
the most cost-efficient mode of selling may be to use sales or marketing representatives
Explanation:
Personal selling by Tyler can divert his focus from proper management practices of the firm's activities.
Selling involves constant interaction with the customer and follow up on prospective clients.
This can be stressful and lead to lose of sales revenue through ineffective customer engagement.
Hiring a sales representative is more cost effective because sales representatives are hired on a contract basis with commission paid on performance.
This ensures that a reasonable amount is paid to get execute the sales process.
What degree is needed to be an accountant?
I really, really, really need the answer
Answer:
bachelor's degree
Explanation:
Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.
Hercules inc. manufactures elliptical exercise machines and treadmills. the products are produced in its fabrication and assembly production departments. in addition to production activities, several other activities are required to produce the two products. these activities and their associated activity rates are as follows: activity activity rate
fabrication $30 per machine hour
assembly $14 per direct labor hour
setup $53 per setup
inspecting $26 per inspection
production scheduling $15 per production order
purchasing $12 per purchase order
the activity-base usage quantities and units produced for each product were as follows:
activity base elliptical machines treadmill
machine hours 1,666 983
direct labor hours 479 187
setups 51 16
inspections 736 442
production orders 63 13
purchase orders 170 104
units produced 271 182
use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product.
First, we need to allocate costs using the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Elliptical Machines:
Rate Fabrication= 30*1666= 49,980
Assembly= 14*479= 6,706
Setup= 53*51= 2,703
Inspecting= 26*736= 19,136
Production scheduling= 15*63= 945
Purchasing= 12*170= 2,040
Total allocated costs= $81,510
Treadmill:
Rate Fabrication= 30*983= 29,490
Assembly= 14*187 = 2,618
Setup= 53*16 = 848
Inspecting= 26*442 = 11,492
Production scheduling= 15*13 = 195
Purchasing= 12*104 = 1,248
Total allocated costs= $45,891
Finally, the unitary costs:
Elliptical Machines= 81,510 / 271 = $300.77
Treadmill= 45,891 / 182= $252.15
Unit cost is the total expense incurred by a business to produce, store, and sell one unit of a particular product or service. Unit cost is equivalent to cost of goods sold (COGS). This accounting variable includes all fixed and variable costs associated with producing goods or services.
What is the unit cost formula?
Use the unit cost formula to determine the unit cost. The formula for unit cost is cost per unit = variable cost + fixed cost / total number of units produced.
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which factor makes a currency more attractive to investors
A low export rate
A low inflation rate
A low interest rate
A high rate of government debt
Answer:
A low inflation rate
Explanation:
just took the quiz
PLEASE HELP THERE ARE TWO SCENARIOS
Scenario A
College graduates are moving back in with family in record numbers. They are waiting longer than previous generations to buy homes and start families. Data show downward trends in new home building, mortgage applications, and the birthrate. Multiple markets are complaining of falling demand. A national supplier of home goods permanently shut down. The media is calling babies born today part of the “baby bust generation.” Economists predict future school closings and labor shortages.
Scenario C
The media report that an “epidemic of the jobless” has emerged. Major corporations and small businesses alike are laying off workers. People are out of work in record numbers and struggling to find jobs. Some admit that they have given up looking. Housing foreclosures are increasing, while banks say they lack the funds to approve new loan applications or to adjust existing loans. Requests for unemployment, housing, and nutrition assistance are at record highs. Charity organizations are not receiving enough donations to meet the growing need in their communities. Credit card companies say the average debt balance is climbing while repayments are falling behind.
Would the Fed address the scenario with expansionary or contractionary policy? Explain.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.
What is a specific fiscal action that Congress might use in this scenario?
It is correct to state that the Fed will address the scenario with expansionary policy.
What is an expansionary policy?
An expansionary policy is one that seeks to increase the amount of money so that aggregate demand can be stimulated.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.When money is injected into the economy using tools such as
Examples of fiscal polices that the congress might enlist for deployment in this scenarios are:
To increase aggregate demand, Government will inject more money in to the economy by buying back bonds or embarking on projects at the state and local levels.
Reduction of taxes will also help put more money in the hands of people, thus increasing aggregate demand.
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Answer:
flvs
Explanation:
A
would the red address the scenario with
expansionarv or contractionarv policy? Explain.
The Fed would address this with expansionary.
Which means they would give out more money
What is a specific monetary action the Fed might use
in this scenario? Identity the too and how the red would use it. Explain how this would address the
The action they would use is decrease the reserve requirement. By doing this, banks would be able to give out more money Que to them not needing to
Keen as much monev in reserve
What is a specific fiscal action that Congress might use in this scenario?
Decrease taxes due to schools and labor shortages are happening. Which mean that business and schools wont need to dav as much as taxes
B
Would the red address the scenario with
expansionary or contractionary policy? Explain.
The red would use contractionary due to rising prices and it can slow down
What is a specific monetarv action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the
scenario
They would sell more government securities so that less money would be in circulation and daily operations being tunded
What is a specific fiscal action that Congress might
use in this scenario?
Congress might decrease taxes due to things being expensive and we needing more money to be in
circulation.
C
Would the red address the scenario with expansionary or contractionary policy? Explain.
The Fed would use expansionary policy due to people not having money and needing it.
What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address
the scenario.
The monetary action is that they would decrease reserve requirement and buy government securities. They would give out more money and create funding programs for those who are unemployed.
What is a specitic fiscal action that congress might use in this scenario?
Decrease taxes so that others can buy food and with the money they have left, they are able to buy their needs
What does a company do to start the strategic planning​ process?
A company defines its overall purpose and mission.
What is strategic planning?The process through which an organization determines its plan or direction and decides how to allocate its resources to achieve its strategic goals is known as strategic planning. Controls that govern how the strategy is implemented may also be included. Strategic planning became more popular in corporations in the 1960s, and it is still an important part of strategic management today. It is carried out by strategic managers or strategists who do an extensive study of the company and how it interacts with its competitive environment. Although there are numerous definitions of strategy, most agree that it entails deciding on steps to attain goals, creating a timeframe, and allocating resources to carry out those actions.
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12. Market efficiency and perfect price discrimination Perfect price discrimination is efficient because it converts what would have been deadweight loss into consumer and producer surplus inefficient because it converts a portion of consumer surplus into producer surplus inefficient because it results in no consumer surplus efficient because it converts into producer surplus what had been consumer surplus and deadweight loss
Market efficiency and perfect price discrimination is efficient because it efficient because it converts into producer surplus what had been consumer surplus and deadweight loss.
Perfect price discrimination allows a firm to be more efficient by making it sell at more output level. The firm would have more efficiency level at its factors of production.
Market efficiency is achieved with perfect price discrimination because what would have been dead-weight loss is converted into consumer and producer surplus through perfect price discrimination.
For the market, efficiency is achieved because the dead-weight loss is converted into producer and consumer surpluses, with enormous benefits to the society.
Thus, perfect price discrimination achieves allocation efficiency for both the producer and the consumer (or the society as a whole).
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What days are BIM classes held?
Classes take place on Mondays and Wednesdays from 4:00-6:00 pm EST, at The Plan Room located at 1815 W Broadway.
Have a Nice Day.
How do interest groups work ?.
The interest groups work as they spend lots of money and/or put pressure on you to get things done that will benefit their group.
What is interest groups?An interest group is usually a formally organized association that aims to influence public policy. This broad definition, which is increasingly used by scholars, differs from older, narrower definitions that include only private associations with a particular formal organization, such as the Italian Confindustria (General Confederation of Industry), the American National Education Association, and the guatemala association Mutual aid, Group (human rights organization).
One problem with such a narrow definition is that many formally organized entities are not private. The main lobbying forces in any society are various administrative units: national, regional and local agencies and institutions such as the military. Another reason for choosing a broad definition is that in all societies there are many informal groups that are actually interest groups but would not be covered by a narrower definition.
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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
is it possible to have publicity on your own website why or why not
Yes it is possible for you to have publicity on your website.
Is it possible to have publicity on your own website why or why not?
Yes, it is possible to have publicity on your own website. Publicity refers to any form of promotion or advertising, and a website can be used as a platform to promote and advertise a business, product, or service. By having a website, you can create content such as articles, videos, images, and infographics that can be used to showcase your products or services and attract visitors to your site.
Additionally, you can also use various digital marketing techniques such as search engine optimization, pay-per-click advertising, social media marketing, and email marketing to promote your website and attract more visitors. In summary, having a website gives you a powerful platform to promote your business and attract potential customers.
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Which of the following is not an advantage of personal selling?
A.) ability to get immediate action
B.)ability to cultivate relationships
C.)relatively low cost
D.)ability to be individually tailored
Answer:
C.)relatively low cost
Explanation:
Personal selling involves the use of a sales team to engage customers and convince them to buy. It is a one-on-one interaction between the seller and potential buyer.
Personal selling is a costly affair. Each salesperson can only engage one client at a time. To engage a large number of customers, a big team of salespeople is required. The hiring of good salespeople, training them, salaries, bonuses, and commissions can be expensive.
What are the different systems of management in buisnesas.
Answer: Answer: Different types of management systems ranging from the point-of-sale systems, accounting systems, lead management, e-commerce, communication systems
Explanation:
a company issued 40 shares of $1 par value common stock for $5,000. the journal entry to record the transaction would include which of the following?.
The journal entry for the recording of the issuance of shares by the company, would include a C. credit of $40 to common stock.
How is stock issuance recorded?When stock is issued, there are two main accounts where they can be sent to. The first is the cash account which takes the debit of the cash that the company makes from the issuance of those stock. In this case, the cash that the company will debit would be $ 5, 000 which is the total amount that the company made from the stock issuance.
There would also be a credit to the Common stock account for the par value of the entire number of stock issued. This means that in this case, the credit to the common stock account would be:
= Par value of stock x Number of stock issued
= $ 1 x 40 shares
= $ 40
Options for this question include:
debit of $4,000 to common stockcredit of $20,000 to common stockcredit of $40 to common stockdebit of $20,000 to common stockFind out more on stock issuance at https://brainly.com/question/25562729
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