A firm issued 5,000 shares of $1 par-value common stock, receiving proceeds of $20 per share. The accounting entry for the paid-in capital in excess of par account is

A) $5,000.

B) $ 95,000.

C) $100,000.

D) $0.

We also discussed that the spread (difference) between two futures prices for a storable commodity should be given by the cost of carry between the two delivery months.

Newbill Enterprises recently used 26,000 labor hours to produce 9,700 completed units. According to manufacturing specifications, each unit is anticipated to take 2.65 hours to complete. The company's actual payroll cost amounted to $504,400.

Chen runs a consulting firm that provides strategies to companies that are into space exploration. What type of business does Chen own? A. manufacturing B. merchandising C. service D. wholesale

Last Chance Mine (LCM) purchased a coal deposit for $750,000. It estimated it would extract 12,000 tons of coal from the deposit.

Given the following financial data for Boston Technology, compute the firmâs degree of combined leverage. Assume a marginal tax rate of 40%.

Robot Corporation is liquidated, with Marty receiving property having an adjusted basis of $60,000 and an FMV of $90,000. The property is subject to a $80,000 mortgage, which Marty assumes. Marty's basis in the Robot stock surrendered is $50,000.

Sales and commission are based on selling price, not the costs you have been provided. Labor: 13.8 hours at 18.75 per hour Overhead: 92% of labor Material Costs: $65.

When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency.

Curtain Co. paid dividends of $14,000; $17,500; and $21,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,400 shares of 7.0%, $100 par value preferred stock outstanding that paid a cumulative dividend.

In order to accomplish the productivity plan, several Subject Matter Experts from various parts of the organizational have been enlisted. As a result, you have noticed friction and conflict among team members.