Lusaka, Inc. has 30,000 shares issued and outstanding. The shares were issued at $24 per share. Par value is $1 per share. On Dec. 12, Lusaka repurchases 8,000 shares paying cash of $20 per share. What values would be shown on Lusaka's balance sheet for the issued shares prior to the repurchase?
Common stock: $
Additional paid-in capital: $
Record the journal entry for the share repurchase choosing from the following account abbreviations: CASH = cash; CS = common stock; RE = retained earnings; TS = treasury stock; APIC = additional paid-in capital.
Debit: Credit: Calculate the total book value of common stock after the share repurchase: $
How many shares are outstanding after the repurchase? On Dec. 15, Lusaka declares a cash dividend of $2.00 per share to be paid on Jan. 25. What is the total amount of cash dividend that Lusaka will pay on Jan. 25? Hint: first determine the number of shares outstanding. $
Answers
On Dec. 15, Lusaka declares a cash dividend of $2.00 per share to be paid on Jan. 25. What is the total amount of cash dividend that Lusaka pay.Cash $50000 (10,000 shares multiplied by $50)
200 000 shares of preferred stock multiplied by $20)
(10,000 shares times $30) To Paid in Capital Over Par-Preferred $300,000.
(It is noted that shares of preferred stock were issued.)
(8,000 shares times $20) = $160,000 in cash
$160,000 worth of common stock is listed as issued shares with no par value.
b. $160,000 in cash (8,000 shares at $20 each)
(10,000 shares times $10 each) Common stock: $80,000. (8,000 shares x $20) (8,000 (issued shares of no par value common stock, stated value) To Paid in Capital in Excess of Par Said.Cash $160,000 (8,00 shares multiplied by $20).To Paid in capital in excess of par - Common $144,000 (8,000 shares x $18) (8,000 (Being the issued shares of common stock is recorded) To Common stock $16,000 shares x $2).
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Related Questions
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
select the three special adjustments that are often made to the list or quoted price.
Answers
The three special adjustments that are often made to the list or quoted price are: trade discounts, quantity discounts, and cash discounts.
Trade discounts: These are reductions from the list or quoted price that are offered to customers in a specific industry or trade. Trade discounts are often used to encourage larger orders or to reward customer loyalty. For example, a publisher may offer a 20% trade discount to booksellers to encourage them to stock their titles.
Quantity discounts: These are reductions from the list or quoted price that are offered to customers who purchase larger quantities of a product. Quantity discounts are often used to incentivize customers to buy in bulk, and can be structured in several ways. For example, a supplier may offer a 10% discount for orders of 100 units or more, or a 15% discount for orders of 500 units or more.
Cash discounts: These are reductions from the list or quoted price that are offered to customers who pay their invoices promptly. Cash discounts are often used to improve cash flow and reduce the risk of bad debts. For example, a supplier may offer a 2% discount for payments made within 10 days, or a 1% discount for payments made within 30 days.
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Use this formula to help solve the problem.
• gross income = total of all incomes added together
Given the following information, what does the gross income for the month equal?
Cash = $700, Checks = $200, Credit Card Charges = $400
a. $700
b. $1100
c. $1300
d. $400
Answers
Answer:
C.$1300.................:)
Answer:
1,300
Explanation:
just added the numbers
duffjd provides a laundry service for towels and sheets to three hotel chains in a major city, hoyluk. it provides each hotel chain with trade credit.
Answers
Duffjd provides laundry services for towels and sheets to three hotel chains in the city of Hoyluk. It offers trade credit to each hotel chain. A trade credit is an agreement between a buyer and seller whereby the seller agrees to allow the buyer to pay for goods or services at a later date.
This is often used as a way of financing businesses, allowing them to obtain the goods or services they need without having to pay for them upfront.Duffjd may offer trade credit as an incentive for hotels to continue to use its services. By providing credit terms, it allows hotels to pay for their laundry services after they have been used, freeing up their cash flow for other expenses.
Trade credit also helps to build trust and loyalty between Duffjd and its customers, as the hotels are more likely to continue using its services if they have a good working relationship. Overall, offering trade credit is a common practice in many industries and can be beneficial for both buyers and sellers.
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The end goal of budgeting is to plan and ____ organizational finances successfully?
A. justify
B. control
C.explain
D.increase
Answers
Answer:
B
Explanation:
Controlling is another organizational goal
most enjoyable aspects of a fashion stylist ?
Answers
Answer:
creative, artistic, ambitious, passionate
Explanation:
Six mutually exclusive alternatives, A-F, are being examined. For an 8% interest rate, which alternative should be selected? What is the highest present worth? Each alternative has a 6-year useful life.
Alternative Initial Cost Uniform Annual Benefit
A 20,000 6,000
B 35,000 9,250
C 55,000 13,380
D 60,000 13,780
E 80,000 24,320
F 100,000 24,320
Please show full work for this Q
Answers
The best alternative to select is Alternative A, which has the highest present worth of -$6,538.71. However, all alternatives have negative present worths, indicating that none of them are economically viable at an 8% interest rate.
The calculation of the present worth (PW) for each alternative reveals that all options have negative present worths, meaning that the benefits they generate are not sufficient to outweigh their costs at an 8% interest rate over a 6-year period. Despite Alternative A having the highest (least negative) present worth, it still results in a negative value of -$6,538.71. This implies that none of the alternatives should be selected as they would not provide a positive return on investment or meet the desired financial criteria.
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the ____________________ is based on the prices of merchandise that are exported or imported.
Answers
The International price index is based on the prices of merchandise that are exported or imported.
after solving the profit equation to isolate price, you have:
Answers
The equation to isolate price in profit equation is:
Price per table = [Profit + (cost per table x tables sold) + Overhead cost] / Tables sold.
What is profit ?Profit is the difference between a company's revenue and costs over a specific time period. This implies that the fundamental profit equation requires deducting the relevant costs from the total revenue the company generated during the same time period.
Profit equations offer priceless information about a company. They do, however, have limitations. One reason is that any seasonal changes or spikes may be hidden if the profit equation is applied over an excessively long time frame, like the entire year.
Another problem is that cash flow and profit are not the same thing. Even though a company is extraordinarily profitable by all measures, it might still fail if it ignores this principle and runs out of liquidity.
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if you are filing single using the standard deduction of $12,500 and have no adjustments, itemized deductions, or tax credits.
Answers
If you are filing single using the $12,500 standard deduction and have no adjustments, itemized deductions or tax credits, your annual taxable income will be determined by subtracting the $12,500 standard deduction from your total income.
What would your tax rate look like?Assuming your total annual income is $40,000, your taxable income will be your total income minus the standard deduction, in which case it would be:
$40,000 - $12,500 = $27,500.Therefore, despite the calculation, your annual tax rate will be directly influenced by the tax ranges defined by the government in that period.
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You are going to purchase a house. You have $20,000 to use as a
down payment and can afford a
payment of $8,000 per year for 30 years. If interest is 8 percent
per year, what is the largest purchase
p
Answers
Given,Down payment= $20,000Annual payment= $8,000No. of years = 30 yearsRate of interest= 8% per yearTo find out the largest purchase p, we need to use the formula for the Present value of annuity
which is given as,`PV = PMT x [(1 - (1 / (1 + r)n)) / r]`Where,PV = Present Value of AnnuityPMT = Payment per yearr = rate of interestn = no. of yearsUsing the above formula,Substitute the given values in the formula,PV = 8000 x [(1 - (1 / (1 + 0.08)30)) / 0.08] = 8000 x [(1 - (1 / (3.312))) / 0.08] = 8000 x [(1 - 0.302) / 0.08] = 8000 x [9.975] = $79,800Therefore, the largest purchase p is $79,800.
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how are wages determined in a free market?
Answers
Answer:
Classical economists argue that wages—the price of labor—are determined (like all prices) by supply and demand. They call this the market theory of wage determination. ... Long story short: the price of labor is determined in the free market just like every other price, by the intersection of supply and demand.
Explanation:
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A Moving to another question will save this response. Question 4 Questions A company that operates a successful cost effective supply chain begins to produce a new product line with products that are harder to forecast than expected (e.g. forecast cV wan assumed to be 10%, but was actually 40% ). If their approach does not change, you would expect: a. Significant product shortages for some products. b. Significant idle time of production resources. c. High levels of unused inventory for all products. An Moving to another question will save this response.
Answers
If a company operates a successful cost-effective supply chain but begins to produce a new product line with products that are harder to forecast than expected, there are several potential outcomes.
One possible outcome is significant product shortages for some products. This is because the company may not be able to accurately predict demand and therefore may not produce enough of certain products, leading to shortages in the market. Another possible outcome is significant idle time of production resources.
This excess inventory can lead to idle time for production resources, as there may not be enough demand to utilize all available resources efficiently. Additionally, there may be high levels of unused inventory for all products. If the company overestimates demand for the new product line, they may produce too much inventory. This can result in high levels of unused inventory that ties up capital and storage space.
In summary, if a company's approach does not change when producing a new product line with harder-to-forecast products, they may experience significant product shortages, significant idle time of production resources, and high levels of unused inventory.
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THESE ANSWQERS I AM ASKING RE ALL CORRECT., THESE ARE FOR YOU
The steps in an indirect message include which of these? *
4/4
The buffer
The apology
The Rationale
A good will attempt
The bad news
In an indirect message, the actual bad news should be given in which paragraph? *
1/1
First
Second
Third
Fourth
Make sure your entire message is as negative as possible so you don't give the person receiving the message mixed signals. *
1/1
True
False
When providing reasons for the bad news, which of the following are things you need to consider? *
2/2
What date will you deliver the bad news?
Who is the message intended for?
How severe is the message?
Will giving the bad news cause problems for you?
When giving an explanation for the bad news, which of these are things should you NOT do? *
1/1
Explain company policy
Be as vague as possible
Give the complete explanation before the bad news, don't split it.
Be clear and logical
Severe or life-changing bad news should be given face-to-face. *
1/1
True
False
Which of the following is the best wording to use in a bad news message? *
1/1
We regret that the beds have failed and will be discontinued and recalled but we will not be taking the beds back or replacing the beds.
The beds have been discontinued and recalled but there will be no returns accepted or replacements offered.
Unfortunately, the beds will be discontinued and recalled with no refunds, returns or replacements offered.
The beds have been discontinued and recalled and we are unable to offer refunds, returns or replacements.
Offering a coupon or some other alternative might help cushion bad news for customers and keep good will for the company. *
1/1
True
False
Repeat the bad news in your closing to be sure the message was received. *
1/1
True
False
In giving the bad news, make sure you mention all the impacts to the company. *
1/1
True
False
If there are benefits to the reader/receiver of the bad news message, mestion them but do NOT make any up. *
1/1
True
False
Answers
Answer:
number 1
The buffer The Rationale, A good will attempt, and the bad news.
Number 2= Second
Number 3= False
Number 4= Who is the message intended for and How severe is the message
Number 5= Be as vague as possible
Number 6= True
Number 7= The Beds have been discounted and recalled but there will be no returns accepted or replacements OFFERED
Number 8= True
Number 9= False
Number 10= False
Number 11=True
Explanation:
the price elasticity of demand depends on
Answers
Answer:
...price levels, the type of product or service, income levels, and the availability of any potential substitutes.
By offering more generous unemployment insurance programs, european countries can expect:_____.
Answers
By offering more generous unemployment insurance programs, European countries can expect Longer periods of unemployment for their workers.
The idea right here is that EU labor markets do now not cause unemployment immediately however instead lock in excessive prices of unemployment resulting from macroeconomic downturns, in this precise case, the OPEC shocks.
This stems from several reasons but is particularly because of the generous benefits that ECU nations offer the unemployed. in the u.s.a., people without jobs are offered unemployment blessings for simplest a brief time frame, whilst in Europe many countries allow individuals to acquire for years.
High unemployment indicates the economy is running beneath full capacity and is inefficient; this may cause lower output and earnings. The unemployed are also unable to purchase as many goods, so will contribute to decrease spending and decrease output. A rise in unemployment can purpose a bad multiplier impact.
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Examine the supply and demand schedules for cell phones. How much would
a seller charge if he or she wanted to sell cell phones for their equilibrium
price
Answers
Answer: $400
Explanation:
The djia bond rating factor is one of the most widely used bond rating mechanisms.
a. True
b. False
Answers
I hope this helped
Rita: The original purpose of government farm subsidy programs was to provide income stability for small family farmers. But most farm-subsidy money goes to a few farmers with large holdings. Payments to farmers whose income, before subsidies, is greater than $100,000 a year should be stopped.
Thomas: It would be impossible to administer such a cut-off point. Subsidies are needed during the planting and growing season, but farmers do not know their income for given calendar year until tax returns are calculated and submitted the following April.
Which one of the following, if true, is the strongest counter Rita can make to Thomas' objection?
(A) It has become difficult for small farmers to obtain bank loans to be repaid later by money from subsidies.
(B) Having such a cut-off point would cause some farmers whose income would otherwise exceed $100,000 to reduce their plantings.
(C) The income of a farmer varies because weather and market prices are not stable from year to year.
(D) If subsidy payments to large farmers were eliminated the financial condition of the government would improve.
(E) Subsidy cut-offs can be determined on the basis of income for the preceding year.
Answers
Answer: E. Subsidy cut-offs can be determined on the basis of income for the preceding year.
Explanation:
Since Thomas counters Rita's point stating that during the initial part of the season, subsidies are needed. On the other hand, the income for the year will be calculated when the year ends.
To counter Thomas, it should be noted that Rita can say that subsidy cut-offs can be determined on the basis of income for the preceding year.
In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is __________ amongst that audience.
Answers
In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is relevant and engaging to them.
By analyzing their demographics, interests, and online behaviors, you can identify the social media platforms or channels that align with their preferences. This ensures that your ads are seen by the right people, in the right context, maximizing their relevance and impact.
Additionally, staying attuned to trending topics, popular hashtags, and viral content within your target audience's online communities allows you to tap into what is currently captivating their attention.
By combining audience insights with relevant content, you can create compelling ad campaigns that drive engagement, increase brand visibility, and ultimately yield positive results.
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Do United States government sometimes has to interfere with economy. Why would the government initiate an antitrust suit against a company
Answers
Answer: When there is a monopoly or fraud
Explanation:
An antitrust suit is described as when an individual or an organization files a lawsuit against an organization based on the kind of business practices it carries out. When the government recognises a business bringing up unfavorable means that could lead to monopoly the government could regulate the monopoly by carrying out a price capping, to ensure prices are not exaggerated for consumers more than they can afford. The government could further initiate an antitrust suit against the company for their actions.
Answer:
to ensure companies do not monopolize any particular realm of business
Explanation:
that's the correct answer ;)
When a multinational corporation opens a new factory in another country, what economic responsibilities must it follow? Are there any other responsibilities that should be considered? Explain.
Answers
The responsibilities that must be considered when a multinational opens a new factory in another country are legal and cultural responsibilities.
What are the obligations of a multinational?A corporation with units in different countries must follow the legislation in force in the place, adapting its processes and services to essential requirements, such as payment of taxes and licenses to operate in the country.
Therefore, in addition to the economic responsibilities, there are also the responsibilities of cultural adaptation, so that the company has good acceptability by the local population and is well positioned in the market.
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the proprietor introduce another $5000 cash in to the firm
Answers
The firm paid out $5,000 in cash. The equation stays in harmony. >> Property. 5. Financial Interest.
What does existing proprietor mean?A sole proprietor is an individual who owns an unincorporated business on his or her own. A proprietor is defined as someone who owns or runs a business. A shoe shop proprietor is an example of a proprietor. 1. An only proprietor is the sole owner of an unincorporated enterprise. The business owner, also known as a proprietor or a trader, uses their legal name to conduct business. They can also choose to do business under a different name by registering a trade name with their local government. the owner of a business, a hotel, etc. a person who has the sole right or title to something; an owner, as of real estate a group of proprietors; exclusive.To learn more about proprietor, refer to:
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Discuss the main theories underlying mercantilism and
justify its relevance in current times by providing examples of
countries that are implementing mercantilist policies.
Answers
Mercantilism is an outdated economic system, its ideas are still relevant today. Many countries have implemented mercantilist policies to promote domestic production and boost their exports while limiting imports.
The theory of mercantilism, a popular economic system in the 16th-18th centuries, suggests that a country's wealth is determined by the amount of precious metals, particularly gold, and silver, they possess. The government should take steps to encourage exports while discouraging imports to maintain a favorable balance of trade that will increase the country's stockpile of precious metals. The main ideas of mercantilism include the need to increase a country's wealth by expanding its exports and decreasing its imports. The belief is that there is a fixed amount of wealth in the world, and if one country becomes richer, it is at the expense of another.
Also, the use of tariffs, subsidies, and other government interventions to boost domestic production. The relevance of mercantilism in current times can be seen in countries like China, Japan, and South Korea. These countries have implemented policies to boost their exports and limit imports. For example, China is a major exporter of manufactured goods, and the government has put in place several measures to promote domestic production, such as subsidies and tariffs on imported goods. The country also limits foreign investment in key industries and has strict regulations on intellectual property. Japan is another example of a country that has implemented mercantilist policies. The government has put in place several measures to boost domestic production, including subsidies and trade barriers. Japan is also known for its strong protection of intellectual property, which has helped its technology industry grow. South Korea is another country that has implemented mercantilist policies. The government has invested heavily in key industries, such as electronics and automobiles, and has placed strict regulations on foreign investment.
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Use these graphics to answer the question.
An association of medical researchers examined exercise trends among adults.
pls help need an answer fast
Which ratio shows the relationship between the total percent of people who exercised in 2014 to the percent of adults ages 18–24 who exercised in 2016?
47:42
58:45
48:59
48:50
Answers
The ratio that represents the relationship between the total percent of people who did exercise in 2014 compared to the the percent of adults ages 18–24 who exercised in 2016 is 48:59.
What is a ratio?A ratio is the comparison of two figures, this can be done with the past data, or can be done with the budgeted or any competitor. In the example given the data is compared with the past data, base year is 2014 and the current year is 2016.
The ratio that is calculated represents that the total percentage of people were 48% in 2014 and the adults in 2016 as a total represents a percentage of 59% and therefore the ratio is 48:59.
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Frederick Griffith of Griffith's department stores tells his marketing director that he is tired of the constant price-centered advertising by the firm's agency. "We have the best customer service in town, and I feel that is what we should be hanging our hats on," he states. This statement is most appropriate for use in which of the following stages of campaign development?
A) Determining the appropriations
B) Creating the platform
C) Identifying the target
D) Defining objectives
E) Developing the media plan
Answers
Answer: Creating the platform
Explanation:
Campaign development has to do with the maintenance of brand messaging which are consistent across different marketing channels.
The statement by Frederick Griffith in the question is most appropriate for use in "creating the platform". Here, he is giving his opinion which can be looked into and built upon when making decisions.
Complete the following sentence.
During the interview, be sure to be
Answers
During the interview be sure to be prepared.
Answer:
Positive
Explanation:
Explain the connection of human needs and demands in the field of marketing.
Answers
Explanation:
The term "requires or need" refers to items, product or service that fulfil a particular necessity. Wants are unique orders for individual or specific things. Demands are individual commodity orders for which the customer is ready and prepared to pay. In a business industry, examples are normally very obvious. need and demand always run together.
what's the time now?
Answers
Answer:
13:20 UK timeeeeeeeeee
.How would you contrast and compare the various approaches to dealing with cyclical unemployment by Keynesian and neoclassical economics?
Group of answer choices
Neoclassicals would suggest tax increases that stimulate productivity growth and labor demand. Keynesians would suggest increasing government spending.
Neoclassicals would suggest doing nothing because the labor market will correct itself.
Keynesians would suggest an increase in government spending. Both would suggest an increase in aggregate supply by increasing government spending.
Answers
Neoclassical economists advocate for market forces to correct cyclical unemployment, while Keynesian economists suggest government intervention through increased spending.
How do neoclassical and Keynesian economics differ in their approaches to cyclical unemployment?In neoclassical economics, cyclical unemployment is seen as a temporary imbalance that will naturally correct itself over time. Neoclassical economists argue that government intervention, such as tax increases or increased spending, can potentially distort the market and hinder its self-correcting mechanism. They believe that policies aimed at stimulating productivity growth and labor demand, such as reducing regulations and lowering taxes, will lead to long-term job creation.
On the other hand, Keynesian economics emphasizes the role of government intervention in addressing cyclical unemployment. Keynesians argue that during economic downturns, aggregate demand falls, leading to a decrease in production and employment. To counter this, they advocate for increasing government spending to boost aggregate demand, which in turn stimulates economic activity and reduces unemployment. By injecting money into the economy through infrastructure projects, public works, or social programs, Keynesians aim to create jobs and restore economic stability.
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