Ace Co. issued 1,000 shares of its $10 par value common stock for $15 per share in cash. How should this transaction be reported in Ace's statement of cash flows for the year of issuance

Answers

Answer 1

Answer:

$15,000 cash inflow from financing activities

Explanation:

Financing operations: it records operations concerning long-term debt and equity balance of shareholders. The issuance of the shares is an inflow of cash while other redemption and dividend are an outflow of cash

Since 1,000 shares are issued at $10 par value for $15 per cash

Here we record the $15,000 as cash inflows as this represents that the capital introduced in the business and the same is to be considered


Related Questions

Consider a 1-year option with exercise price $60 on a stock with annual standard deviation 20%. The T-bill rate is 3% per year. Find N(d1) for stock prices (a) $55, (b) $60, and (c) $65.

Answers

Answer:

Case 1: 0.4266

Case 2: 0.5987

Case 3: 0.7422

Explanation:

We will use the following formula to find d1 which is also given in the attachment below:

d1 = [ ln(S/K)   +   (r  +  0.5 * s^2)*t  ]  /  s * √t

Here

K is strike price and is $60

r is risk free rate which is 3%

s is annual standard deviation which is 20%

t is the option period which is 1 one year

Case 1: Stock Price is $55

Here K is $55. Putting values in the above equation, we have:

d1 =  [ ln(55/60)   +   (3%  +  0.5 * 20%^2)*1   ]   / 20% * √1

d1 = -0.1851

By using the normal distribution table, we can calculate N(d1) which is:

N(d1) = 0.4266

Case 2: Stock Price is $60

Here K is $60. Putting values in the above equation, we have:

d1 =  [ ln(60/60)   +   (3%  +  0.5 * 20%^2)*1   ]   / 20% * √1

d1 = 0.25

By using the normal distribution table, we can calculate N(d1) which is:

N(d1) = 0.5987

Case 3: Stock Price is $65

Here K is $65. Putting values in the above equation, we have:

d1 =  [ ln(65/60)   +   (3%  +  0.5 * 20%^2)*1   ]   / 20% * √1

d1 = 0.6502

By using the normal distribution table, we can calculate N(d1) which is:

N(d1) = 0.7422

In July, a customer invested $10,000 in the ABC Mutual Fund. In December of the same year, ABC announced a long-term capital gains distribution. In May of the next year, the customer decided to redeem his shares for a capital gain. How are both of the capital gains treated for tax purposes

Answers

Answer:

Capital gains distribution is treated as long term

Capital gain from from redemption is treated as short term

Explanation: Capital gains may be explained as the profit made from the sale of a property or investment. Depending on the holding duration of the stock or bond, a capital gain may be classed as short term is held for below one year or long-term, of held for more than 1 year. However, According to the Internal Revenue service regulation, Capital gains are taxed as long term irrespective of the holding period in which the owner has possessed the fund.

Capital gains redemption however, follows the usual time-line and in this case would be taxed as short-term because the holding period is between July to May, which is a 10 months. Since it hasn't exceeded a year, then, it is classed as short term.

Assume all markets are in long-run equilibrium. Market price in a duopoly would be ________ the market price in a monopoly, and ________ the market price in a competitive market.

Answers

Answer:

Assume all markets are in long-run equilibrium. Market price in a duopoly would be greater than or equal to the market price in a monopoly, and     less than or equal to the market price in a competitive market.

Explanation:

That is the logical answer to the question about markets that are in long-run equilibrium.

Suppose the price of apples increases from $20 to $27, and in response quantity demanded decreases from 108 to 98. Using the mid-point formula, what is the price elasticity of demand

Answers

Answer:

-0.325

Explanation:

The computation of the price elasticity of demand using mid point formula is shown below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 98 - 108

= -10

And, average of quantity demanded is

= (98 + 108 ) ÷ 2

= 103

Change in price is

= P2 - P1

= $27 - $20

= $7

And, average of price is

= ($27 + $20) ÷ 2

= 23.5

So, after solving this, the price is -0.325

A company's strategy concerns A. its market focus. B. how it plans to make money. C. the game plan management is using to stake out a market position, conduct operations, attract and please customers, compete successfully, and achieve organizational objectives. D. the long-term direction that management has chosen to pursue. E. whether it is employing an aggressive offense to gain market share or conservative defense to protect its market position.

Answers

Answer: C. the game plan management is using to stake out a market position, conduct operations, attract and please customers, compete successfully, and achieve organizational objectives

Explanation:

What stands out a firm is in its strategy. This strategy is embedded in how the firm plans it's game, using divers market position and ways on how to source for buyers to be attracted to it's product or services, which makes them glued to it. Conducting operations to ensure this services are well carried out to please the customers and provide after sales/service to curb any challenge.

Which of the following is NOT regulated by the government?
Local employment agencies
Public schools
Private schools
Funding for retraining of workers

Answers

Answer:

Funding for the retraining of workers

Explanation:

Funding for the retraining of workers is a function internal to an organization that has to do with the retraining of workers towards a continuous profession development in upgrading and acquisition of new skills .

While other options in the question are under the regulation of the government, the funding for retraining of workers is left at the discretion of the employer or organization. This is why we have discrepancies in the approaches of different organization to this function.

Which of the following are reasons that the short-run aggregate supply curve slopes upward? Check all that apply. As the price level rises, firms find it more profitable to hire workers at any given wage. As the price level rises, firms pay higher wages for workers. As the price level rises, firms expand their production because they can sell their output for more money.

Answers

Answer:

As the price level rises, firms expand their production because they can sell their output for more money.

Explanation:

As the price level rises, supply increases as firms expand production to increase profits. And as price level falls, supply falls as firm reduce production. For this reason the short-run aggregate supply curve slopes upward.

Please find attached a graph showing the short-run aggregate supply curve

Answer:As the price level rises, firms decrease their investment, because it is more expensive to purchase capital.

Explanation: it is the answer before mine and also this answer, I just answered it for a homework problem

Once a document conveying an interest in real property is placed in the public records it is binding on the public, whether or not they make an effort to learn of it. Based on the common law tradition, this policy is known as the:________.
a. Statute of Frauds
b. doctrine of constructive
c. notice habendum clause
d. actual notice

Answers

Answer:

B. Doctrine of constructive.

Explanation:

This is seen to execute the idea that everyone that is involved in a business is well aware of the said company's article of association. This constructive notice doctrine usually is seen to guide the company from the actions of outsiders and the doctrine of indoor management is also seen to guide the outsider person from the actions of the company. In most cases, assumptions are made in the sense that the outsider person, who are been involved with the company for business, has gone through these documents. Therefore, outsiders has a duty to be aware of the rules and regulations of the company because they it is available in public record.

Kray inc., which produces a single product, has provided the following data for its most recent month of operations: number of units produced 3,300 variable costs per unit: direct materials $ 37 direct labor $ 23 variable manufacturing overhead $ 9 variable selling and administrative expense $ 6 fixed costs: fixed manufacturing overhead $ 237,600 fixed selling and administrative expense $ 234,300 there were no beginning or ending inventories. the variable costing unit product cost was:___________

Answers

Answer:

Unitary cost= $69

Explanation:

Giving the following information:

direct materials $37

direct labor $ 23

variable manufacturing overhead $ 9

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

Unitary cost= 37 + 23 + 9

Unitary cost= $69

Which of the following investments would be considered a low risk investment? a new product b. a federally mandated environmental project c. A and B d. None of the above

Answers

Answer:

b. federally mandated environmental project

Explanation:

Based on the options provided the investment with the least amount of risk would be a federally mandated environmental project. This is because it is a project that is backed by a government, which tend to have contingencies in place to prevent failure. While a new product has not previous historical data that would reduce the risk, it is unpredictable what will occur once it gets released into the market, and is all speculation, thus it has a very high risk to it.

Which of these is NOT one of the capabilities that will help project team members develop team synergy?

Answers

Answer: Insensitivity towards others

Explanation:

For teams to grow and perform optimally well there need to be a good understanding between team members this helps them in projects and ensure they put in their best in whatever they find themselves doing in their different but as they have shared responsibility. This Corperation can only be possible when there is synergy between teammates and this synergy can be built when team members pay close details to the issues concerning other team members; probably their welfare or relating better, but when there is an insensitive attention towards one another it kills the synergy and cooperation expected in the group.

Frito Lay is owned by Pepsi and has a variety of billion dollar brands such as Doritos, Cheetos, Lays, and Ruffles. These famous snack brands are available in a wide variety of sizes at almost every store location and vending center - from gas stations, to dollar stores, grocery stores, drug stores and super centers. Which level of distribution intensity does Frito Lay utilize

Answers

Here are the options:

A) Intensive

B) Exclusive

C) Selective

D) Cooperative

Answer:

A) Intensive

Explanation:

Remember, we are told that Frito Lay makes available their snack brands in grocery stores and gas stations, even in drug stores. This mixed combination shows an Intensive distribution strategy.

The primary goal of using this level of distribution is because, Frito Lay wants their snack brands to be visible by their consumers everywhere they go such as in supermarkets, drug stores, gas stations and many more.

Price elasticity of demand of a commodity is – 0.5. Its quantity demanded falls by 5 units when its price rises by Rs1/unit. Calculate the quantity demanded if the price before the change is Rs. 5/unit.

Answers

Answer:

If the price elasticity of demand (PED) is -0.5, and the price increases by 1%, the quantity demanded will decrease by 0.5%.

If the initial price was 5 and it rises by 1, it means that this price change represents a 20% increase. A 20% increase in price will result in a 10% decrease in quantity demanded. If 10% of quantity demanded = 5 units, total demand = (5 x 10) - 5 = 45 units.

what are the different types of thought​

Answers

Answer:

decision discipline and problem solving

Explanation:

​ If the carrier has refused to pay a freight claim, then the claimant has _____ from the time the claim was disallowed to file for legal relief in the courts.

Answers

Answer:

2 years

Explanation:

Freight claim, sometimes referred to as shipping claim, is a term that describes a form of legal demand by a shipper or consignee to a carrier in respect to financial reimbursement for the loss or damage of a shipment.

According to the United States of America's Carriage of Goods by Sea Act (COGSA), which stated that, in a situation whereby the carrier has refused to pay a freight claim, then the claimant has 2 YEARS from the time the claim was disallowed to file for legal relief in the courts.

Hence, in this case, the correct answer is 2 Years.

According to Okun's law, when cyclical unemployment increases by one percentage point, the recessionary gap ______ by ______ percent of potential output.

Answers

Answer:

The answer is "widens and  two"

Explanation:

Okun 's law relates to the relationship between some of the unemployment rate and the United States economy and also its gross national product. This also tells that GNP increases by 3% unless joblessness starts dropping by 1%.

The maths formula of this law can be defined as follows:

[tex]2(\text{unemployment rate - natural unemployment}) =[/tex]  [tex]\frac{\text{potential GDP-actual GDP}}{\text{potential GDP}} \times 100[/tex]

The above formula proves that Whenever a 1% point of cyclical increasing unemployment, its derivative instrument tends to increase by 2%

The ________ budget is comprised of funds for dedicated revenues that target money for specific purposes.

Answers

Answer: general revenue-dedicated funds budget

Explanation: The general revenue-dedicated funds budget is a type of budget (the amount of money earmarked for a particular institution, activity or time-frame) that is comprised of funds for dedicated revenues that target money for specific purposes. The fund is designated dedicated because by law is dedicated, appropriated or set aside for a limited object or purpose in the State Treasury, a separate account or fund in the General Fund in the State Treasury and does not include a trust or revolving fund.

Answer:

Lemme get straight to the point it's C

Explanation:

EDG2020

When companies move their production facilities around the world to take advantage of cheaper labor and lower taxes, what do anthropologists call this

Answers

Answer: Flexible Accumulation

Explanation:

Flexible accumulation could be described as a situation where companies move their factories and production line around the world considering how to cut much labour and reduce tax. This is found amongst big multinationals, firms that have both the market and the capital. They are mostly found in the automation industry, food industry also. These companies most importantly consider their influence in the market before doing this and it helps them reduce labour and tax.

The "Dual Aspect" explains that every transaction affects at least two items in the basic accounting equation and preserves the equation’s equality. What is the fundamental accounting equation? (2 points)

Answers

Answer:

Assets = Liabilitites + Shareholder's equity

Explanation:

The fundamental accounting information is seen above; i.e, Assets = liability + shareholders. This means that an individual's asset is the combination of liability and shareholders equity.

This was the basis of many other accounting equation, such as the double entry.  

Cheers

A discontinuous innovation is a product that:___________

a. disrupts consumers' normal routine but does not require totally new learning.
b. requires no new learning by consumers.
c. is not purchased by innovators and early adopters.
d. initiates obsolescence of a product class.
e. requires consumers to learn entirely new patterns of behavior and product usage.

Answers

Answer: e. requires consumers to learn entirely new patterns of behavior and product usage

Explanation: Innovation could be described as the introduction of something new to the market, this coid be marked by changes in the working principle or implementation or modification of new product features or even a complete overhaul of previoulsy existiing functions. A Discontinous innovation can be explained as a total change or complete overhaul in the type of product produce. It is marked by having a complete difference from the previously existing versions. As such, there is a shift or change in the usage of the product which is totally different from that which exists with the previously adopted versions.

Answer:

e. requires consumers to learn entirely new patterns of behavior and product usage.

Explanation:

Discontinuous innovation is defined as a new product in a market or industry that requires the final user to change behaviour by learning a new process for use of the product. It causes dramatic change in the dynamics of the industry such as competition, industry revenue, growth rate, and pricing.

The products introduce a function that has never existed before so customers will need to learn entirely new patterns of behavior and product usage.

A policy for small businesses that do not qualify for a BOP that combines property insurance and commercial general liability insurance is called a

Answers

Answer: Commercial Package Policy

Explanation:  A Commercial Package Policy (CPP) is an insurance policy that combines coverage for multiple perils, such as general liability and property risk

A BOP is designed for more smaller businesses with less risk, while a Commercial Package policy is meant for a more risky business, or a business that needs more customized coverages.

The commission on the sale of a house is $9,410, and 30% goes to the broker who listed the property. Of the remainder, the broker whose sales associate completed the transaction gets 45%, and the sales associate receives the balance. How much does the sales associate who made the sale receive?

Answers

Answer:

$2,349.5

Explanation:

The total commission on sale of the house is $9,410

Broker who listed collected 30% = 30% * $9,410 = $2,823

Broker whose sales associate completed the transaction gets 45% = 45% * $9,410 = $4,234.5

Sales associate who made the sale will receive =  $9,410 - $2,823 - $4,234.5 = $2,349.5

A person who is the designated individual to assure compliance with the Virginia Real Estate Laws and Regulations, and is also responsible for the activities of the entire firm is known as the ______.

Answers

Answer:

Principal broker

Explanation:

A principal broker is also the managing broker. An individual with this position is one who has the legal requirements or capacity to go into agency contracts with consumers. He is also legally responsible for the activities of the entire firm. He is higher than the broker in rank as he supervised the broker. He has a greater license than the broker when it comes to real estate.

Ikea offers young customers a selection of home furnishings featuring good design, function, and acceptable quality at low prices. Ikea is using which business level strategy

Answers

Answer: Focused cost leadership

Explanation:

Focused cost leadership could be described as targeting your market to a category of people only and not necessarily everyone. Some businesses do have a target market in mind when carrying out their production or sales. Their product isn't for everyone but this particular persons. They could design it from a normal general product but they will make it look perculiar and specific for this targeted market.

n instrument that is payable to cash or to whomever may have possession of the instrument is known as _______ paper.

Answers

Answer: bearer instrument

Explanation:

Bearer instrument is an instrument that is payable to cash or to whomever may have possession of the instrument. The bearer instrument is also referred to as the bearer bond.

It is a security whereby there is no record of ownership information and the security is typically issued to the purchaser in physical form and whoever holds it is believed to be the owner.

Marketing is the ___________________, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

Answers

Answer:

Activity

Explanation:

Marketing is the activity that is to be conducted for promoting the company goods and services so that the it would create awareness among the people at large

It is an activity process of developing, communiciation, delivering, communicating, the value of customers, clients, society at large

hence, the answer is Activity

The managers of a rapidly growing company decided to modify its structure by grouping its employees into different teams. The entire business process of the company was modified to improve cost, quality, service, and speed. In this scenario, the company most likely experienced a shift from:

Answers

Answer:

a strong vertical structure to one emphasizing stronger horizontal coordination

Explanation:

Since in the question,  it is mentioned that the for rapidly growing of the company leads to change its structure also the employees grouping could be done in different team this is to be done due to improvement in the cost, quality, service, speed, etc

So here the company shifted it from a strong vertical structure to the horizontal as the changes are made that became beneficial for the company

Fill in the blank: The _________ can help you develop a mission statement that connects with your audience. persona creation process Golden Circle Inbound Methodology buyer's journey Next Feedback about Favorites

Answers

Answer:

Golden Circle

Explanation:

-Persona creation process is the process to generate a representation of a specific customer that will use your product.

-Golden Circle is a model that helps companies to find the best form to provide value to their customers and differentiate from the competition.

-Inbound Methodology is a process that organizations use to turn leads into customers.

-Buyer's journey is a process that includes all the stages that a customer pass through from realizing the need to making a purchasing.

According to this, the answer is that the Golden Circle can help you develop a mission statement that connects with your audience because it can help you to develop a message that would attract your target customer and get a position in their mind.

Serena is the CEO of Pedalo Inc., a publicly traded company. The shareholders want Serena on the board of directors despite her recent appointment as the CEO. This decision of the shareholders is most likely because Serena:

Answers

Answer: D.is likely to provide the board with valuable inside information

Explanation:

The options to the question are:

A. is a board member of a major client

B. is more likely than other board members to take care of the stockholders

C. is also the CEO of other companies.

D.is likely to provide the board with valuable inside information

From the question, we are informed that Serena is the CEO of Pedalo Inc., a publicly traded company and that the shareholders want Serena on the board of directors despite her recent appointment as the CEO.

This decision of the shareholders is most likely because Serena is likely to provide the board with valuable inside information.

Hamid is a 9-1-1 operator. when the blizzard began, he was told he would have to stay and work three extra shifts to cover for coworkers who were not able to drive to work through the storm. after 32 hours of exhausting work, he makes it home and discovers he is able to fall asleep faster and gets into rem sleep quicker. hamid may be experiencing ________.

Answers

Answer:

Hamid is experiencing "Sleep rebound".

Explanation:

Sleep rebound seems to be the terminology used during a duration of sleep problems as well as a shortage to characterize an improvement in something like a sleep parameter beyond acceptable ranges. Because once individuals are stopped from witnessing REM those who take a bit longer to accomplish the REM status than normal.

So that the above is the correct approach.

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