Business, 20.01.2020 19:31 wilkoASK2919
Caramel corporation has 5,000 shares stock outstanding. in a qualifying stock redemption, caramel distributes $145,000 in exhange for 1,000 of its shares. at the time of the redemption , caramel has paid-in-capital of $800,000 and e& p of $300,000.the results of this redemption is a $ charge to e& p and a $ reducation of caramel's paid-in-capital account.
Answers: 2
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
Business, 22.06.2019 19:00
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
Business, 22.06.2019 20:20
Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.
Answers: 2
Caramel corporation has 5,000 shares stock outstanding. in a qualifying stock redemption, caramel di...
English, 09.02.2021 21:20
Computers and Technology, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20
Chemistry, 09.02.2021 21:20
Arts, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20
Social Studies, 09.02.2021 21:20
Mathematics, 09.02.2021 21:20