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scoundrel [369]
2 years ago
9

Carla Vista Co. had these transactions during the current period.

Business
1 answer:
Kisachek [45]2 years ago
3 0

Answer:

June 12

Dr Cash 83,000

Cr Common Stock (83,000 × $1)

Dr Paid in capital in excess of par value 311,250

Cr Common Stock 311,250

July 11

Dr Cash 460,100

Cr Preferred Stock 442,900

Cr Paid in Capital in excess of par value -Preferred Stock 17,200

Nov. 28

Dr Treasury Stock 9,350

Cr Cash 9,350

Explanation:

Journal entries for Carla Vista Co.

June 12

Dr Cash 83,000

Cr Common Stock (83,000 × $1)

Dr Paid in capital in excess of par value 311,250

Cr Common Stock 311,250

July 11

Dr Cash 460,100

(4,300 × $107)

Cr Preferred Stock 442,900

(4,300 × $103)

Cr Paid in Capital in excess of par value -Preferred Stock 17,200

(4,300 × $4)

Nov. 28

Dr Treasury Stock 9,350

Cr Cash 9,350

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The key characteristic of organizational culture that addresses the degree to which people exhibit integrity and high ethical st
attashe74 [19]

Answer:

Integrity

Explanation:

Organizational culture consists of shared assumptions, values, and beliefs, which governs how people behave in organizations. These values determines how people behave in an organizational settings and there are different characteristics ranging from innovation, teamwork, stability etc. The main one that addresses degree people exhibit integrity and high ethical standards is Integrity.

8 0
2 years ago
Pear Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below: Altern
Serga [27]

Answer:

Yes

Explanation:

The analysis will need to compare all categories of cost.

It will calculate the difference in cost for each category and then add them for the total difference. That way, the company know which alternative is better.

                     AlternativeA Alernative B Diffence

Direc Materials         40                    56 -16

Processing Cost          37                    37 0

Equipment Rental           13                     13 0

Occupancy Cost           15                     22 -7

                                105                   128 -23

6 0
2 years ago
Regardless of the criteria differences among different types of projects, typically the most important criterion for project sel
natima [27]

Answer:

the project fits to the organization strategy.

Explanation:

A project can be defined as a set of actions which typically involves the process of designing, developing, planning, execution and implementation of these plans for the creation of a product or creative work.

There are various criteria that are to be considered when selecting a project and these are;

1. Availability of resources.

2. Probability of success.

3. Economic policies.

4. Target market.

5. Availability of data and capital.

Regardless of the criteria differences among different types of projects, typically the most important criterion for project selection is to determine if the project fits into the organization's strategy.

This is to ensure that the aim, goals, and objectives defined by the organizational strategy is in tandem with the project before it would be selected and approved by the top executives or senior management of an organization.

4 0
2 years ago
Five months ago Wilson opened up a health club. Which of the following is an implicit cost related to the health club A. Wilson
Leto [7]

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

Implicit cost is a special type of opportunity cost, its generate when an organization or a business has to pay his cost and does not necessary to show it. for example, a businessman gets a salary from his organization.

  • In this situation, Wilson owns a club and works as an accountant in it.
  • This type of cost defines an Implicit cost for Wilson's health club.
5 0
2 years ago
Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the mar
Studentka2010 [4]

Answer:

25%

Explanation:

the margin of safety is the percent of sales which the company is above the break even point.

We solve for the break even point:

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{36,000}{0.24} = Break\: Even\: Point_{dollars}

BEP  = 150,000

We solve for the margin of safety:

$ 200,000 - $ 150,000 = $ 50,000

Now we compare against our sales:

$ 50,000 / $ 200,000 = 0.25

5 0
2 years ago
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