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. Multiple choice question. convertible treasury callable preferred g

Answers

Answer 1

Answer:

treasury

Explanation:

Treasury shares are shares that have been issued and later repurchased by the company. They decrease the total number of shares outstanding .

Treasury shares are not used to calculate earnings per share

treasury shares do not have voting rights

Treasury stock is a contra equity account recorded in the shareholder's equity


Related Questions

what is Photosynthesis?

Freé points -,-

Answers

Answer:

photosynthesis is a process by which green plants prepare their own food with the help of sun light and chlorophyll.

Answer:

the process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water. Photosynthesis in plants generally involves the green pigment chlorophyll and generates oxygen as a by-product.

describe your management experience , including a time you effectively resolved a difficult situation from a management capacity

Answers

Answer:

I managed workers of seven in the associate degree info Services department whose responsibilities enclosed delivering specifications and software package to internal purchasers. My role was that of PM or Project Manager, and my responsibilities enclosed one. guaranteeing every staffer was alert to their specific duties, 2. maintained the relevant timelines and ensured every team-member's deliverables arrived on time, 3. arranged, coordinated, and crystal rectifier conferences to debate current and approaching come, and 4. maintained knowledgeable and cozy social atmosphere for my workers.

One of the tougher problems I Janus-faced was after we employed a very bright developer whose my leader had W2'd in from the Asian nation. though he was very precocious in development of the cultural variations between his land and our mostly-female dev team quickly became telling. Sensing the growing hostility in my work cluster, and distinctive the problem, I quietly organized for the W2 worker to attend a cultural sensitivity coaching seminar (couching it as a necessary attend for all employees), and taking aside the pained parties and asking in a well-mannered way to figure with Maine on desegregation him. In the end, he came to a lot of embarrassed, apologized, and our team ran like mechanism thenceforth

A company has budgeted direct materials purchases of $290000 in July and $460000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted: Wages Expense $80000 Purchase of office equipment 65000 Selling and Administrative Expenses 42000 Depreciation Expense 29000 The budgeted cash disbursements for August are

Answers

Answer:

$596,000

Explanation:

Calculation to determine what The budgeted cash disbursements for August are:

Wages Expense $80,000

Add Purchase of office equipment $65,000

Add Selling and Administrative Expenses $42,000

Add August budgeted direct materials $322,000

($460,000*.70)

Add July budgeted direct materials $87,000

($290,000*.30)

Budgeted cash disbursements $596,000

($80,000+$65,000+$42,000+$322,000+$87,000)

Therefore The budgeted cash disbursements for August are $596,000

Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break into their system. Even though the financial firm has strict restrictions on access to their trash, Toby has been able to bypass these restrictions. How has Toby most likely done this

Answers

Answer:

By acting or posing as a waste management collector looking to fix the dumpster or collect the debris

Explanation:

The computer as an electronic machine has served as a tool or an object of the crime, subject of the crime and an instrument of the crime

Cyber crime

This is simply known as a criminal act. It is the process by which there is the stealing or destruction of information, resources, or funds utilizing computers, computer networks and the Internet.

Computer fraud

This is simply a type of fraud committed with the use of contemporary technology and it is regarded as a law crime. It includes theft of information and corporate espionage etc.

Most cyber crimes are usually well organized. The individual committing the crime usually puts a lot of efforts in achieving their goal. Toby could only have gained access to the company dumpster if he poses as the one or company sent to collect the trash.

Many businesses today are abandoning traditional business attire and allowing their employees to come to work in business casual that typically does not include ties, cufflinks, or business suits. There has been a decrease in the sale of silk ties as a result of this cultural trend. A decrease in consumer demand for silk ties has led to a decrease in demand for silk because the demand for silk is ________.

Answers

Answer:

Derived

Explanation:

Today's employers are foregoing traditional business clothing in favour of allowing their staff to dress in business casual, which generally excludes ties, cufflinks. As a consequence of this cultural tendency, there has been a decline in the selling of silk ties. Because the market for silk is driven from consumer spending for silk ties, a reduction in consumer spending for silk has resulted in a decrease in desire for silk.

Jane is trying to decide which courses to take next semester. She has narrowed down her choice to two courses, Econ 1 and Econ 2. Now she is having trouble and cannot decide which of the two courses to take. It's not that she is indifferent between the two courses, she just cannot decide. An economist would say that this is an example of preferences that: Group of answer choices all the other three answers are correct violate the assumption that more is preferred to less. are not transitive. are incomplete.

Answers

Answer:

The correct answer is the last option: Are incomplete.

Explanation:

To begin with, in the microeconomics theory the concept of preferences are refered to the situation in where the person has to decide between alternatives in order to obtain one of them that will, in theory, maximine his satisfaction. Moreover, with the purpose of being completely rational these preferences have to fullfil another mathematics characteristics such as being transitive and complete. So in the case presented when Jane is trying to decide which courses to take and she just can not decide, then that would be because the preferences are incomplete.

When working with text boxes and shapes, which tab contains settings for applying shadows and 3-D rotation to objects?

Fill & Line
Effects
Size & Properties
Picture

Answers

Answer:

B) Effects

Explanation:

In Microsoft Presentation the shadows and 3-D rotation option are available inside the Home tab. This option is used to provide special effects on the slides. and other options are not correct that can be described as:

The fill & Line both option working is different from each other the fill option used for fill color in shapes and the Line is used to provide a line in the presentation.The Size & Properties option is used to change the size and property of an object.The picture option is used to insert a picture or modify a picture in the presentation.

Answer:

Effects

Explanation:

A competitive firm operating in the short run is maximizing profits and just breaking even. Its costs include a monthly license fee of $100 that is imposed by the state and must be paid for as long as the firm is in existence. The license fee is now raised to $150. To continue to maximize profits in the short run, the firm should: Question 2 options: a) increase output. b) increase price. c) not change output. d) reduce output.

Answers

Answer:

C

Explanation:

The short run is a period where all  factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down.

In the short run, price and output cannot be changed.

The long run is a period where all factors of production are varied. It is known as the planning time for a company

At the end of the current year, using the aging of receivable method, management estimated that $31,500 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $900. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?

Answers

Answer:

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

Explanation:

Preparation of the adjusting entry that the company should make at the end of the current year to record its estimated bad debts expense

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

($31,500+$900)

( To record its estimated bad debts expense)

Estimated Bad debts expense =Account receivables + Debit balance

Estimated Bad debts expense= $31,500 + 900

Estimated Bad debts expense=$32,400

In at least 150 words, examine the elements that might lead to a worker receiving a higher salary. Be sure to provide details and examples from your lesson. Provide specific detail and in depth discussion of at least two of the element areas requiring higher pay.

Answers

Answer:

As salaries are paid to workers by virtue of the work they perform, a factor that can be decisive for a salary increase is none other than a greater or better performance of the tasks that the worker performs.

On the other hand, wages can also rise if the country's minimum wage is raised, or if there is a situation of inflation that renders workers' wages useless over time.

And also, it may happen that the company that pays the worker's salary is in an exceptional situation that implies a salary improvement as a way of rewarding the performance of its workers.

Genna approached Al Ternator about joining the business as an owner. She offered to provide the technical expertise and deal directly with customers, while Al, who has a degree in finance, takes care of the financial side of running Car Keepers. In addition, Genna wants Al to contribute some much-needed money for expansion. Under Genna's proposal, she and Al would operate the business together as

Answers

As a partnership.

for further descriptions see screenshot

Valid criticisms of evaluating performance based on return on investment (ROI) include managers may ______. Multiple select question. take actions that increase ROI in the short-run at the expense of long-term performance be put in charge of a business segment that includes committed costs over which a manager has no control reject investment opportunities that are profitable for the company but have a negative impact on a manager's ROI affect ROI by increasing sales or decreasing operating expenses for their division

Answers

Answer: be put in charge of a business segment that includes committed costs over which a manager has no control. take actions that increase ROI in short-run at the expense of long-term performance . reject investment opportunities that are profitable for the company but have a negative impact on a manager's ROI.ROI doesn't include the investment in non-operating assets, such as land held for investment or stock in other companies

Explanation:

You are concerned that the accountant in your organization might have the chance to modify financial information and steal from the company. You want to periodically have another person take over all accounting responsibilities to catch any irregularities. Which security principle are you implementing by periodically shifting accounting responsibilities

Answers

Answer:

The security principle that I'm implementing is Job rotation.

The approach to estimating project time and cost that begins with an overall estimate for the project and then refines estimates for various stages of the project as it is implemented is known as ____________. Multiple Choice range estimating phase estimating method parametric procedure template method WBS method

Answers

Answer:

phase estimating method

Explanation:

The approach to estimating project time and cost that begins with an overall estimate for the project and then refines estimates for various stages of the project as it is implemented is known as PHASE ESTIMATING METHOD

The above statement is based on the fact that PHASE ESTIMATING METHOD is applicable whereby the total estimate of a product life cycle is extremely difficult to ascertain.

Instead, to get the estimate, each elemental stage is estimated one after the other, with the immediate stage having an elaborate estimate, while the subsequent stages having a brief or overview estimate.

A firm that can effectively price discriminate will charge a higher price to Group of answer choices customers who have the more inelastic demand for the product. buyers who belong to the largest market segment. customers who have the more elastic demand for the product. buyers who are members of the smallest market segment.

Answers

Answer:

customers who have the more inelastic demand for the product.

Explanation:

Price discrimination is when the same product is sold at different prices to customers in different markets

types of price discrimination

1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.

2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.  

3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students  

Requirements to practice successful price discrimination  

1. The firm must have market power. If the firm does not have market power and attempts to price discriminate they would lose customers

2. The firm must have different elasticities of demand for their product in different markets

3. The firm must be able to segment the market for their products  

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

If a firm charges the higher price in the market where customers have a more inelastic demand, the fall in quantity demanded would be less than the increase in price. As a result, total revenue would increase

If on the other hand, the higher price is charged in the market with the more elastic demand, the fall in quantity demanded would exceed the price increase. As a result, total revenue would fall.

Cost sharing _____. a. involves employers sharing the costs of government-mandated health insurance plans with the government b. requires insurance firms to share profits with employers who purchase insurance plans c. allows employees to track their fund balances d. requires employees to pay for more of their benefit costs

Answers

Answer:

d. requires employees to pay for more of their benefit costs

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, a direct cost can be defined as any expense which can easily be connected to a specific cost object such as a department, project or product. Some examples of direct costs are cost of raw materials, machineries or equipments.

On the other hand, any cost associated with the running, operations and maintenance of a company refers to indirect costs. Some examples of indirect costs are utility bill, office accessories, diesel, etc.

Cost sharing can be defined as a process in which an employee makes payment for a portion of the cost he or she incurred, especially benefit costs.

In Business management, cost sharing requires employees to pay for more of their benefit costs.

Industries that produce A. durable goods are more affected by recessions than is the economy as a whole. B. goods that are expected to last for fewer than three years are more affected by recessions than are durable goods. C. durable goods are less affected by recessions than is the economy as a whole. D. goods that are expected to last for three or more years are less affected by recessions than are nondurable goods.

Answers

Answer:

A. durable goods are more affected by recessions than is the economy as a whole

Explanation:

The industries produce those types of goods that are durable also it could highly impacted whenever the recessions come in the market if we compared with the overall economy

Here durable goods means the goods that can be consumed for the longer time like cars, home appliances, etc

Therefore the above statement should be true

hence, the correct option is a.

Bob and Sally were recently married. They are currently working on their estate plan. As their Financial Planner, they tell you that Sally is not a citizen of the United States. She is originally from Japan. When you are looking at their estate plan, what type of trust should you include

Answers

What are the choices

Erosion can be described as the _____________________. Multiple Choice expenses that have already been incurred and cannot be recovered change in net working capital related to implementing a new project cash flows of a new project that come at the expense of a firm's existing cash flows alternative that is forfeited when a fixed asset is utilized by a project differences in a firm's cash flows with and without a particular project

Answers

Answer:

washing away of the top most layer of the Earth surface

Hàm số câif và cung của một hàng hóa như sau Qd=80-10P Qs=-70+20P Xác định giá và sản lượng cân bằng trên thị trường

Answers

Answer:

Equilibrium price = $5

Equilibrium quantity  = 30 units

Explanation:

Given:

Quantity demanded = Qd = 80 - 10P

Quantity supplied = Qs = -70 + 20P

Find:

Equilibrium price and quantity

Computation:

Equilibrium price and quantity

Qd = QS

So,

80 - 10P = -70 + 20P

150 = 30P

Equilibrium price = $5

Qd = 80 - 10P

Qd = 80 - 10(5)

Equilibrium quantity  = 80 - 50

Equilibrium quantity  = 30 units

Olivia is working with a small group of five coworkers put together by their CEO, Ben. They have been instructed to take care of an inequality in their manufacturing plant. Olivia and her team have the authority to make decisions by themselves without the approval of Ben. Olivia is working in ______.

Answers

Answer:

Both a self-managing team and a problem-solving team.

Al hires Bob to move his furniture to his new house. On the day of the move, Bob does not feel like moving furniture, so he asks his friend Chuck to move the furniture. Chuck decides to leave before completing the move in order to watch a football game on TV. Al has to delay his move and hire another mover at a higher price. Al wants to sue Bob to recover for his damages. Given these facts, Al will most likely:

Answers

Answer: Win, because Bob is still liable to Al.

Explanation:

Accepting to do a job must come with commitment on the side of the servicer. It is unjust to accept a job without making much effort or input to see it carried out. Some businesses do this especially when a bigger offer comes their way and these puts a bad name to their organization as the failed client will have no good thing to say about them, when the cases goes like this, the client who was failed raises the issue to court and would win since he has already engaged the services, this is the tail between Bob and Al.

Suppose the demand for cherries sold from roadside stands in Michigan is perfectly elastic. The owner of one roadside stand raises the price of cherries by 10%, as a result 1 point A. Zero cherries are sold at this stand. B. No change in the quantity demanded at this stand. C. A 10% decrease in the quantity demanded at this stand. D. A 10% increase in the quantity demanded at this stand. E. All available cherries will be sold.

Answers

Answer:

A

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

it is in perfectly competitive markets that demand is perfectly elastic

A strategic group consists of those firms in an industry that Group of answer choices employ similar competitive approaches and occupy similar positions in the market. are subject to the same driving forces. place about the same emphasis on each distribution channel. have similar size market shares. use the same key success factors to differentiate their products.

Answers

Answer:

employ similar competitive approaches and occupy similar positions in the market.

Explanation:

A strategic group means the set of the firms that should be within the industry that having same kind of strategy.

Also it employed the same kind of competitive approach due to this it occupied the same kind of position in the market

Therefore the first option is correct

Hence, the same is to be considered

To increase the number of orders it receives from recipients of its direct-mail advertising, the maker of All-Natural Diet Products encloses a special envelope that customers can use to mail their orders without paying postage. This special envelope is an example of _____ mail.3

Answers

Answer:

C. business reply

Explanation:

In the case when we have to increase the no of orders that could be received via direct mail adverstising and the customer could use the special kind of envelope for mailling the orders so this should be an example of business reply mail as it is concerned with the business and here the orders are to be an important factor that becomes very important for the company.

Therefore the option c is correct

A landowner filed an action in federal district court to void a contract for sale of her land to a limited partnership for $500,000. The landowner lived in the forum state. As required by state law, the limited partnership had filed a certificate of limited partnership with the Secretary of State for the forum state. The sole general partner of the limited partnership was a corporation that was incorporated in another state where it also had its principal place of business. The limited partners were citizens of various states, including at least one limited partner who was a citizen of the forum state. Does the court have subject-matter jurisdiction over this action

Answers

Answer:

No, because a limited partner is a citizen of the same state as the landowner.

Explanation:

Subject matter jurisdiction is defined as the requirements of a case that gives a court the authority needed to hear a particular claim.

In the given scenario the limited partner is a citizen of the same state (forum state) as the plaintiff so this a matter for the state court to handle and not the federal court.

Diversity of citizenship is required for federal court must exist for the federal court to have jurisdiction. Which was not met.

However amount in controversy requirement was met. That is the claim should be above $75,000

An auditor ordinarily sends a standard confirmation request to all banks with which the client has done business during the year under audit, regardless of the year-end balance. A purpose of this procedure is to Provide the data necessary to prepare a proof of cash. Detect kiting activities that may otherwise not be discovered. Seek information about other deposit and loan amounts that come to the attention of the institution in the process of completing the confirmation. Request that a cutoff bank statement

Answers

Answer: Seek information about other deposit and loan amounts that come to the attention of the institution in the process of completing the confirmation.

Explanation:

An auditor needs to find out the source of a company's transactions that meet a materiality limit in order to ensure that the company was operating within the confines of the law in those transactions.

In the year of audit therefore, the auditor should request information from banks that the company transacted with so that they can find out relevant information about loans and deposit amounts to make sure that indeed the banks loaned out and received these amount.

what can be the scopes of technicians​

Answers

Answer:

Technicians are skilled workers that work with complex systems or perform highly technical mechanical or diagnostic tests. Depending on the field, technicians may work independently or under the direction of a professional. Technicians can work indoors or might spend most of their time outside.

Some of the characteristics of the new breed of global leaders include Question 8 options: a) The skills and abilities to interact with and manage people from the diverse cultural backgrounds that populate their multinational companies. b) Sufficiently flexible to operate comfortably in pluralistic cultural environments. c) Knows at least one foreign language and understands the complexities of interaction with people from other cultures. d) All of the above

Answers

Answer:

d) All of the above

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a group, business firm, state, or country in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

Generally, leaders use their powers to get other people to follow them.

In conclusion, all of the aforementioned characteristics are possessed by the new breed of global leaders across the world.

Why would foreign firms export a product at less than its cost of production—which presumably means making a loss? Many nations participate in poor planning and as a result produce a surplus of product which they sell at a loss. This may be part of a long-term strategy in which foreign firms would sell at below the cost of production in the short-term for a time, and when they have driven out the domestic U.S. competition, they would then raise prices. Many nations simply wish to keep their workers employed, no matter what the cost. Many nations simply produce and sell inferior goods at prices that reflect this fact.

Answers

The statement" The foreign firms sell at below the production cost and whenever it is driven out so it increases the prices" is correct.

In the case when the foreign firms export a product i.e. lower than the cost of production that means they make the losses is when:

There is a long-term strategy.It should be less than the cost of production in less period.The prices are increased at the time when the driven out the competition of the domestic united states.

In other cases, it does not make the losses only the above factors should be considered.

Therefore we can conclude that the statement "It is part of the long-term strategy where the foreign firm should sell less than the cost of production in the short period of time and whenever it has driven out the competition of the domestic united states so the prices should be increased" is correct.

Learn more about the cost of production here: brainly.com/question/15235684

Other Questions
Another of Bhaskara's problems results in a quadratic equation Parthava was enraged and seized a certain number of arrows to slay Karna. He expended one-half of them in defending himself. Four times the square root of the number of arrows were discharged against the horses. With six more, he transfixed Shalya, the charioteer. With three more, he rent the parasol, the standard, and the bow; and with the last one he pierced the head of Karna. How many arrows did Parthava have? the ratio of sadia's age to her father's age is 3:6. The sum of their age is 96 .What is sadia's age? A 16-ounce package of frozen peas costs 85. Give the unit price in cents per ounce. Round to the nearest tenth of a cent.The peas cost ___ cents per ounce. Note: Rounding to the nearest tenth of a cent is the same as rounding to the nearest thousandth of a dollar. convert the following into Kelvin scale 253c Choose the most appropriate response to the following question.Il y a souvent ________ Seattle.des nuagesdu soleilde la neigedu tonnerre In Circle H with m Identify the volume and surface area of the hemisphere in terms of pie. Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $178,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $36,562. What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 13%.) Internal rate of return Determine whether the integral from -3 to infinity 1/sqrt (5 - x) is divergent or convergent. If it is convergent, evaluate it. If not, state your answer as divergent . what is -2t-5t ? is it -7t or is it something else? Need help with this A researcher asks students to record in a journal the emotions they experience every hour. She finds that over time, the descriptions become shorter and less detailed. What may be responsible for this change in performance? A. selection bias B. cohort effect C. instrument decay D. regression toward the mean An asset is purchased on January 1 for $44,700. It is expected to have a useful life of five years after which it will have an expected residual value of $6,000. The company uses the straight-line method. If it is sold for $32,000 exactly two years after it is purchased, the company will record a: Multiple Choice The following information relating to a company's overhead costs is available. Actual total variable overhead$73,000 Actual total fixed overhead$17,000 Budgeted variable overhead rate per machine hour$2.50 Budgeted total fixed overhead$15,000 Budgeted machine hours allowed for actual output 30,000Based on this information, the total variable overhead variance is:_______. Does 5 IU of epinephrine = 5 IU of ampicillin? a) Yes, because theyre both similar drugs.b) Yes, because both have the same route of administration.c) No, because the frequency isnt listed.d) No, because measurement varies across different types of medications. What do you think caused the decline of Africa? In your opinion, what is the best way forward for humanity? Please help me to get its HCF Why the Government of Iran is considered a theocracy (A) It has no constitution (b) It is run by a religious leader (C) It is run by a dictator (D) It recognizes only one religion. Which sentence below is properly punctuated? a. Although I prefer English; I know that math is important; and I will work hard in both classes. b. Although I prefer English I know that math is important, and I will work hard in both classes. c. Although I prefer English, I know that math is important; I will work hard in both classes. 5 times a certain number plus 2 times that number plus 2 is 16 what is the number