A company issues 1 million shares of common stock with a par value of $0.17 for $16.50 a share. The entry to record this transaction includes a debit to Cash for:.a) $170,000 and a credit to Common Stock for $170,000.b) $16,500,000 and a credit to Common Stock for $16,500,000.c) $16,500,000, a credit to Common Stock for $170,000, and a credit to Additional Paid-in Capital for $16,330,000.d) $170,000, a debit to Capital Receivable for $16,330,000, a credit to Common Stock for $170,000, and a credit to Additional Paid-in Capital for $16,330,000.

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively