Answer:
c. Common Stock $50,000 and Paid-in Capital in Excess of Par Value $20,000.
Explanation:
The journal entry is shown below:
Cash $70,000 (5,000 shares × $14)
To Common stock $50,000 (5,000 shares × $10)
To Additional Paid in capital in excess of par value - Common stock $20,000 (5,000 shares × $4)
(Being the issuance of the common stock is recorded)
For recording this we debited the cash as it increased assets and at the same time it also increased the overall stockholder equity so common stock and the additional paid in capital for common stock is credited
Answer:
The correct answer is the option C: the product is now relatively more expensive than it was before.
Explanation:
To begin with, the <em>substitution effect</em> is the term that, in economics, refers to the situation where a products or services increase or decrease its value in comparison with other and therefore it causes a substitution from the consumer regarding that change in the price.
Secondly, in the case where a product increases its price the substitution effect will cause that the consumer decides to purchase other products due to the fact that the first product is now relatively more expensive than it was before and therefore a substitution of the good takes place.
Answer:Yes
Explanation: Because it will ensure more international awareness that will yield new customers, Sales and profitability for Greater companies.
Answer:
The amount of Bateman's gain is $402,850, in character of profits from the sale of property and equipment
Explanation:
The gain of selling an asset is determined by the formula: Sale price minus Book value. The book value of the building is Cost minus accumulated depreciation. So, the book value is 
Then, the amount of Bateman's gain is equal to 
.
Answer:
Explanation: Cellular respiration is the process of breaking down sugar to give energy. It can also be said to be the process of takes in food thereafter using the food taken in it to create ATP (a chemical which the cell uses for energy).
This process starts when a glucose molecule(from consumed food) is converted into carbon dioxide and how its energy is harvested as ATP.
It involves 4 steps which are:
1. Glycolysis: Here, glucose undergoes a chemical transformation which at the end is converted to molecules of pyruvate.
2. Pyruvate Oxidation: At this step the pyruvate produced from glucose above is converted into a two-carbon molecule to Coenzyme A, known as acetyl CoA. Here carbon dioxide is produced as well.
3. Citric acid cycle: At this step, the acetyl CoA produced above combines with a four-carbon molecule and goes through a cycle of reactions. This reactions produces four carbon starting molecules which are: ATP, NADH, FADH
2 and carbon dioxide.
4. Oxidative phosphorylation: Here, the molecules produced above NADH, FADH
2 deposit their electrons in the electron transport chain thereby releasing energy. At the end of the electron transport chain, oxygen accepts electrons and takes up protons to form water.
