Keys, Inc. purchased 100 shares of its own common stock for $10 per share. The stock is now classified as ______ stock, a contra equity account, reported on the statement of stockholder's equity.

Answers

Answer 1

Answer:

Treasury Stock

Explanation:

A firm`s purchase of its own stock is known as Treasury Stock. This is a a contra equity account, that is reported on the statement of stockholder's equity.


Related Questions

the demand for professional education is increasing this day. put your argument to support the statement​

Answers

Explanation:

I hope it helps you... and please marks me as brainliests...

The activity that causes changes in the behavior of costs is referred to as the activity ____________.

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Answer:

"Index" is the right answer.

Explanation:

This same activity index gives a visual representation that results in improvement throughout the financial parameters. Indexes that seek to give or present a comprehensive overview including its economic situation.It, therefore, makes it possible for administrators to decide on appropriate feedback expenses.

Thus the above is the correct answer.

Property risks are those

A) risks in which loss is the only possible outcome

B) Financial losses that occur due to owing on a real estate investment

C) risks taken on by an investor that can be categorized as systematic or non-systematic

D) risks caused by a change in value caused by the timing and/or amount of expenses incurred versus those expected

Answers

Answer:

a

Explanation:

Property risk is an example of a pure risk.

Pure risks are risks in which loss is the only possible outcome. It could be full loss or partial loss. Other examples of pure risks are personal and liability risks

Property risk is the risk that a person or company's property would be damaged or lost.

For example, if a building is set on fire or if a car is stolen


Required Journal entry
Paid salary and wages Rs 55,000
PLEASE HELP

Answers

Answer:

Date                 Account Title                                        Debit              Credit

XX-XX-XX       Salary and Wages expense              Rs. 55,000

                        Cash                                                                          Rs. 55,000

The Salaries and Wages expense account will be debited to show that this expense was incurred as expenses have a debit balance,

Cash was used to pay for the salaries and wages so it will be credited because Assets are credited when they reduce.

A. A plan for mass casualty incidents should include protective actions to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery. B. A partnership approach to planning for mass casualty incidents helps to ensure that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred. C. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization. D. It is important to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization.

Answers

Answer: When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization

Explanation:

A Mass Casualty Incident refers to an overwhelming event, which leads to more patients at a time than what the available resources can easily manage such that it requires additional assistance.

A plan for mass casualty incidents should include protective actions that will be used to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery.

A partnership approach to planning for mass casualty incidents is important as it helps in ensuring that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred.

It's also vital to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization.

The false statement is "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization". This isn't true.

Allocating resources including people, equipment and money to carry out the company’s plans is the _________function of management.

Answers

Answer: Organizing

Explanation:

One of the key functions of management is to organize the resources of the business in such a way that the business is moved forward and its goals are accomplished.

The manager does this by allocating those resources to various plans and projects in an efficient enough manner that would help the company achieve its goals.

Which program provides lump-sum compensation and health benefits for eligible Department of Energy nuclear weapons workers injured on the job

Answers

Answer: Energy Employees Occupational Illness Compensation Program (EECICP)

Explanation:

Much like private companies, the Federal government is also required to insure its workers and this is regulated under the Office of Workers' Compensation Programs (OWCP). There are several compensation programs but the relevant one here is the EECICP.

The EECICP is for federal employees in the Department of Energy as well as agencies related to them. This also includes contractors and subcontractors. Under this program, eligible workers who got injured are entitled to a lump-sum compensation as well as health benefits. If the worker dies as a result of the injuries however, a lump-sum might go to their survivors instead.

A perfectly competitive firm a. has a perfectly inelastic demand. b. has a perfectly elastic supply. c. Answers A and B are correct. d. Answers A and C are correct. e. sells a product that has perfect substitutes.

Answers

Answer:

b

e

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

Reliable Industries is a maker of component parts in heating and cooling ventilation systems. The company is looking for a site on which to build a new production facility. Major considerations the company must take into account are that any area selected has adequate rail access and is at the hub of major highways to quickly move products. Reliable is in the process of

Answers

Answer: facility location

Explanation:

Based on the information given, it can be infered that Reliable Industries is in the process of facility location.

Facility Location simply refers to the selection of the rightt location for the manufacturing facility. The location selected should be easily accessible for the customers and transportation.

Selecting a suitable facility location is essential for an effective operation.

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.

Answers

Answer:

is personally responsible for all partnership debts

Explanation:

COMPLETE QUESTION

A general partner:

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.

EXPLANATION

A general partner can be regarded as a person that joins with another person or join with more than one other person to form a business. A general partner is responsible for the actions that is been taken in the business, He or she is liable personally for all the debts as well as obligations in the business and can bind the business legally. It should be noted that A general partner is personally responsible for all partnership debts.

Laws regulating conduct between private parties in matters like contracts, business, and domestic relations are called

Answers

Answer:

civil law

Explanation:

part of a country's set of laws which is concerned with the private affairs of citizens, for example marriage and property ownership, rather than with crime.

Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2021, Morgan changed its estimates to a total useful life of 5 years with a salvage value of $90,000. What is 2021 depreciation expense

Answers

Answer:

Annual depreciation= $165,000

Explanation:

First, we need to calculate the accumulated depreciation at the end of 2020:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000) / 9

Annual depreciation= $60,000

Three full depreciable years have passed.

Accumulated depreciation= 60,000*3= $180,000

Now, the annual depreciation with the revised information:

Book value= 600,000 - 180,000= $420,000

The useful life remaining is two years.

Annual depreciation= (420,000 - 90,000) / 2

Annual depreciation= $165,000

Professor Hanoi's research efforts focus on how the use of heuristics influences the way people think about and assess financial risks. Which specialty area does his research best represent

Answers

Answer:

Cognitive psychology

Explanation:

Cognitive psychology has to do with the scientific study of how the mind processes data, information, creativity and also reasoning. Examples of this processes can be seen in thinking, reasoning, making judgements, being able to recognize numbers, memory etc. From this explanation above, we can see that this professors area o specialization is cognitive psychology.

McKittridge Consulting pursues activities such as engaging in disciplined thinking, searching constantly for new knowledge, benchmarking, and sharing ideas throughout the organization via information systems. Which type of organization is McKittridge Consulting

Answers

Answer:

Learning organization

Explanation:

A learning organisation is defined as one that is focused on promotion creation, acquiring, and transfer of knowledge for the clients it serves and its members.

It also constantly transforms itself by improving on its processes.

McKittridge Consulting is a learning organisation because it pursues activities such as engaging in disciplined thinking, searching constantly for new knowledge, benchmarking, and sharing ideas throughout the organization via information systems.

Pam hires Will to acquire and deliver a shipment of doodlebugs within two weeks, with time being of the essence. Will receives the shipment of doodlebugs, but Tony offers Will more money for the doodlebugs than Pam offered. Will does not expect to receive any more doodlebugs before his delivery date for Pam. Will decides to deliver the doodlebugs to Tony and collect the larger payment. Will's choice is an example of...

Answers

Answer:

a violation of the duty to perform in good faith.

Explanation:

Since in the situation it is mentioned that pam hired will for purchasing and delivering the shipment within 2 weeks but at the same time tony offered more money so he decided to delivered to tony and in return he collect the larger payment amount so here will have done the violation with respect to the duty in order to perform in the good faith

Intermediaries in indirect channels of distribution: a. Often perform functions that producers cannot perform efficiently by themselves. b. Do not provide additional convenience to consumers c. Increase the need for producers to make large investments in distribution facilities and personnel. d. Make it necessary for producers to carry more inventories. e. None of these alternatives is correct

Answers

Answer:

A. Often perform functions that producers cannot perform efficiently by themselves.

Explanation

indirect distribution channel of distribution can be regarded as one that depends on intermediaries in order to carry out most or all of their functions of distribution , they are regarded as wholesaler. indirect distribution can also be explained as selling of wholesale producys to the agents/retailers in order for them to distribute the product so it can get to consumers. It should be that Intermediaries in indirect channels of distribution Often perform functions that producers cannot perform efficiently by themselves.

In the above problem, the proposed new branch will _______ overall risk exposure and produce a(an) ______ effect. Fill in the appropriate answers. Group of answer choices increases; economies of scale increases; economies of scope reduces; convergence reduces; geographic diversification

Answers

Answer:

reduces; geographic diversification

Explanation:

In the above problem, the proposed new branch will economics reduces overall risk exposure and produce a geographic diversification effect.

Martina arrives for her first day at a new job. The hiring manager, Francisco, takes her on a tour of the building, introducing her to her new co-workers and showing her where the kitchen, meeting rooms, and her cubicle are located. After the tour, Francisco leaves Martina in her cubicle with the company's employee handbook, so she can read about the organization's policies and benefits. All these activities are part of

Answers

Answer:

orientation

Explanation:

All of these activities are part of orientation. This is the first thing that new employees have to go through after they are hired, when they start their first day on the job. In orientation, someone from the company takes you around the workspace and introduces you to the people that you will be working with as well as gives you a tour of the building. They also explain to you all the important details regarding the company and the position that you were hired to fill. This includes the organization's policies, benefits, precautions, etc. All of which is done so that you become familiar with how the company functions.

If velocity is constant and, in addition, the factors of production and the production function determine real GDP, then: Group of answer choices nominal GDP is fixed. the price level is proportional to the money supply. real GDP is proportional to the money supply. the price level is fixed.

Answers

Answer:

the price level is proportional to the money supply.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

These four (4) factors of production when combined effectively and efficiently are used for the manufacturing or production of goods and services that meets the unending requirements or needs of the consumers.

In Economics, if velocity is constant and, in addition, the factors of production and the production function determine real gross domestic product (GDP), then the price level for goods and services is said to be directly proportional to the money supply in the economy.

A(n) on bonds payable occurs when a company issues bonds with a contract rate less than the market rate.

Answers

Answer:

A discount on bonds payable: Occurs when a company issues bonds with a contract rate less than the market rate.

Explanation:

A discount on bonds payable: Occurs when a company issues bonds with a contract rate less than the market rate

Premium on bonds payable - occurs when a company issues bonds for an amount greater than their face or maturity amount. This causes the bonds to have a contract interest rate that is higher than the market interest rate for similar bonds.

On the other hand, Discount on bonds payable - occurs when a company issues bonds for an amount lesser than their face or maturity amount. This causes the bonds to have a contract interest rate that is lesser than the market interest rate for similar bonds.

Ted is a favorite among his subordinates, as he gets directly involved in the minute details of their work. He is task-oriented and has clear knowledge on critical operational details of his team. In this context, Ted can be considered a(n) _____ leader.

Answers

Answer:

ingratiating.

Explanation:

It is correct to say that Ted can be considered an ingratiating leader, which is a technique used to improve personal relationships through the use of sympathy, assistance, interest and collaboration, so that there is a positive influence on people and consequently greater individual willingness to respond to expectations of that person.

As the question explains, Ted has the sympathy of subordinates and is considered one of the favorite leaders because he gets involved in the work, understands the workers and helps with tasks, so he is a ingratiating leader.

In the ____________, households work and receive payment from firms. financial investment market financial capital market labor market savings market

Answers

Answer:

labor market

Explanation:

The labor market is the market in which the supply and the demand for the jobs are meet out along with the labors who give the services based on the demand of the employers.

So here the work of the household and as per  this they received the payment from the firms so this could be done under the labor market

Which component of an enterprise resource planning (ERP) system provides business-to-consumer (B2C) information related to order status and business-to-business (B2B) information related to suppliers and business partners

Answers

Answer:

E-commerce

Explanation:

Enterprise resource planning can be regarded as one that encompass

technologies as well as systems that is used by companies in managing and integrating their core business.

Electronic commerce known as

can be regarded as E-commerce and can be explained as buying as well as selling of goods/services, it can as well be defined as transmitting of funds as well as data through electronic network, these could be the internet. These business transactions can appear as business-to-business (B2B), it can also be seen as business-to-consumer (B2C), it also be in form of

consumer-to-consumer as well as consumer-to-business.

It should be noted that E-commerce

component of an enterprise resource planning (ERP) system provides business-to-consumer (B2C) information related to order status and business-to-business (B2B) information related to suppliers and business partners

True or false: You have to pay to attend college?

Answers

Answer: Most of the time, yes.

Explanation: For most average college students you do have to pay, unless you receive a scholarship. But those are pretty hard to get so i recommend just robbing a bank (DONT ACTUALLY, VERY ILLEGAL)

Rosa is upset with D'Shaun because he keeps giving their teenage daughter more money than the family has budgeted. Rosa and D'Shaun discuss their daughter's need for more money and their need to stay on budget. The ultimately decide to increase their daughter's allowance to $20 and in exchange, have her babysit her younger brother instead of paying for a sitter. Everyone's needs are met. What type of Conflict Management is Rosa using

Answers

Answer:

collaborating

Explanation:

A mix of being cooperative and assertive that means those who want to do collaboration for attempting the work with other in identifyig the solution that satisfied fullly for each and everyone concern

Since rosa wants that everyone needs could be met out

So this represent the collaboration

The same should be relevant

The government of Diamza recently passed a law making it mandatory for any foreign company that wants to do business in its country to only use raw materials made in Diamza and only hire citizens. This is a type of _____ faced by companies that want to conduct business in Diamza.

Answers

Answer:

Police uncertainty

Explanation:

In the case when the diamza government pased the law that the foreign company wants to do the business so here it only use the raw materials and only hire the citizens so it represent the uncertainty of the police that faced by the companies wanted to conducted the business

So the same should be considered and relevant

A firm has a fixed production cost of ​$ and a constant marginal cost of production of ​$ per unit produced. What is the​ firm's total cost​ function? A. TC. B. TC​(​q). Your answer is correct.C. TCq. D. TC . The​ firm's average total cost​ (ATC) of production is

Answers

Answer:

a) We have:

The firms total cost function: TC = 5,000 + 500Q

Average cost: ATC = (5,000 / Q) + 500

b)The firm would choose to be very large if it wanted to minimize the average total cost.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

A firm has a fixed production cost of 5,000 and a constant marginal cost of production of 500 per unit produced.

a) What is the firms total cost function? Average total cost?

b) If the firm wanted to minimize the average total cost, would it choose to be very large or very small? Explain.

The explanation of the answer is now provided as follows:

a) What is the firms total cost function? Average total cost?

Let Q represents quantity of output produced by the firm.

Since the marginal cost of production is constant, this implies:

VC = Variable cost = 500 * Q = 500Q

Also, we have:

FC = Fixed production cost = 5,000

Since TC = FC + VC, the total cost function (TC) can then be obtained as follows:

TC = 5,000 + 500Q

Since ATC = TC / Q, the average cost (ATC), can also be obtained as follows:

ATC = (5,000 / Q) + (50Q/Q)

ATC = (5,000 / Q) + 500

Therefore, we have:

The firms total cost function: TC = 5,000 + 500Q

Average cost: ATC = (5,000 / Q) + 500

b) If the firm wanted to minimize the average total cost, would it choose to be very large or very small? Explain.

The firm would choose to be very large if it wanted to minimize the average total cost.

Because fixed expenses dominate total costs at low levels of output, average total cost starts out high. In terms of Mathematics, the denominator is so tiny that average total cost is huge. As fixed costs are spread over a larger quantity of output, the average total cost decreases. Therefore, the firm would choose to be very large if it wanted to minimize the average total cost.

An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 units. Each unit of capital costs $10, each unit of raw materials, $4, and each unit of labour, $3.

92) Refer to the above information. The per unit cost of production in this economy is:
A) $1.00.
B) $.10.
C) $.05.
D) $.50.

93) Refer to the above information. If the per unit price of raw materials rises from $4 to $8 and all else remains constant, the per unit cost of production will rise by about:
A) 50 percent.
B) 30 percent.
C) 40 percent.
D) 100 percent.

94) Refer to the above information. As a result of the change indicated in the previous question, the aggregate:
A) supply curve would shift to the right.
B) demand curve would shift to the right.
C) demand curve would shift to the left.
D) supply curve would shift to the left.

Answers

Answer:

A) The correct answer is B. The per unit cost of production in this economy is $0.10.

B) The correct answer is B. The per unit cost of production will rise by about 30 percent.

C) The correct answer is B. The demand curve would shift to the right.

Explanation:

Since an economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labor to produce its total output of 640 units, and each unit of capital costs $ 10, each unit of raw materials, $ 4, and each unit of labor, $ 3, to determine the per unit cost of production in this economy, the per unit cost of production if the per unit price of raw materials rises from $ 4 to $ 8 and all else remains constant, and to determine how the demand or aggregate supply curve will respond, the following calculations must be made:

A) 2 x 10 + 5 x 4 + 8 x 3 = 20 + 20 + 24 = 64

64 / 640 = 0.10

B) 2 x 10 + 5 x 8 + 8 x 3 = 20 + 40 + 24 = 84

64 = 100

84 = X

84 x 100 / 64 = X

8400 / 64 = X

131.25 = X

A sales invoice included the following information: merchandise price, $9,900; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,100 added to the invoice. Assuming that a credit for merchandise returned of $900 (before discount) is granted prior to payment and the invoice is paid within the discount period, what amount of cash should be received by the seller

Answers

Answer: $10010

Explanation:

The amount of cash that should be received by the seller will be:

($9900 - $900) = $9000

$9000 × 1% = $90

$9000 - $90 = $8910

$8910 + $1100 = $10010

Therefore, the amount of cash should be received by the seller will be $10010.

Accounts receivable, equipment, the building itself, and the land on which the building stands are examples of:

Answers

Answer: Assets

Explanation:

Assets are something that a business owns that is able to bring in money or is a store of value.

All the above mentioned items are considered assets as they fit this description.

Accounts receivable is a current asset which means it has a duration of a period or less.

Equipment, building and land are all fixed assets as they have a duration of more than one period.

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