by acdsholarSAw3B06o6UN | May 20, 2023 | finance
A company purchases a delivery van by paying $5,000 cash and by signing a $25,000 note payable. Which of the following correctly describes the recording of the delivery van purchase?
by acdsholarSAw3B06o6UN | May 20, 2023 | finance
The Pioneer Company has provided the following account balances: Cash $38,000; Short-term investments $4,000; Accounts receivable $48,000; Supplies $6,000; Long-term notes receivable $2,000; Equipment $96,000; Factory Building $180,000; Intangible assets $6,000;...
by acdsholarSAw3B06o6UN | May 20, 2023 | finance
Nike, Inc., with headquarters in Beaverton, Oregon, is one of the world’s leading manufacturers of athletic shoes and sports apparel. The following activities occurred during a recent year. The amounts are rounded to millions, except for par value. a. Purchased...
by Brian Leakey | May 20, 2023 | finance
Jameson Corporation was organized on May 1. The following events occurred during the first month. a. Received $70,000 cash from the five investors who organized Jameson Corporation. Each investor received 100 shares of $10 par value common stock.b. Ordered store...
by Brian Leakey | May 20, 2023 | finance
The following events occurred for Johnson Company:a. Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share.b. Purchased $15,000 of equipment, paying $3,000 in cash and owing the...
by Brian Leakey | May 19, 2023 | finance
Discuss four ways that option pricing is used in corporate finance.
