Cinergy, a midwestern gas and electric utility, agreed not to penalize workers who left the company before the age of 65 and also offered leaving employees a bonus equivalent to two weeks' pay for every year of employment with Cinergy. Cinergy is:.
a. generating a pool of qualified applicants.
b. encouraging voluntary early retirement.
c. terminating unproductive employees.
d. reducing the workforce through natural attrition.
e. cutting its human resource department.
Solved
Show answers
More tips
- F Family and Home How to Raise a Genius? Discover the Secrets Here...
- F Food and Cooking How to Properly Cook Buckwheat?...
- H Health and Medicine How to Tan in a Tanning Bed? Tips and Recommendations...
- S Style and Beauty How to Sew a Balloon Skirt: Detailed Tutorial and Tips on Choosing the Right Fabric...
- P Philosophy Personal attitude towards Confession: how to prepare and undergo the procedure correctly?...
- F Food and Cooking How to Make Cottage Cheese at Home: Simple and Quick Recipe with Step By Step Instructions...
- H Health and Medicine Which Water Are You Drinking? Is it Worth Buying Bottled Water?...
- H Health and Medicine What Makes a Man a Man?...
- H Health and Medicine What to Take with You to the Maternity Hospital?...
- F Food and Cooking What Foods Can Nursing Moms Eat?...
Answers on questions: Business
- B Business If, as the economic problem states, we have limited resources, but unlimited wants, what does this make individuals and societies do? For example, if you have saved $300 and...
- B Business Your friend really likes a t-shirt that you purchased last week at a concert by your mutually favorite musical group. You purchased the very last shirt in your size and there...
- B Business The following income statement is provided for ramirez company for the current year: sales revenue (1,800 units × $19.30 per unit) $ 34,740 cost of goods sold (variable; 1,800...
- B Business Which of the following explain why a quota is a more restrictive trade barrier than an equivalent tariff. check all that apply. a quota limits the number of goods that can be...
- B Business Abroker receives a deposit from a buyer with no instructions to hold the check uncashed pending the seller s acceptance of the offer. after the offer is accepted, the broker...
- B Business On january 1, 2020, krupa inc. purchased land that had an assessed value of $350,000, at the time of purchase. a $550,000, zero-interest-bearing note due january 1, 2024, was...
- B Business Maria, an engineer, has an adjusted gross income of $167,000 before considering the following losses. the passive activity rules disallow the deduction for the loss in which...
- B Business Alarge electronics company is organized into mainly profit-center divisions. the components division and the consumer electronics division are profit-center divisions of the...
- B Business Iz most regulatory signs are o o o o a. octagonal and red or white b. circular and blue or green c. rectangular and red or white d. rectangular and yellow...
- B Business Customers arrive at a common queue at the coffee station with two identical coffee machines in a busy mall at the rate of 48 per hour, following poisson distribution. each customer...
Ответ:
The effects of each of the items can be indicated as follows:
Paid in Capital
Item Capital Stock Additional Retained Earnings
1. No Effect No Effect Decrease
2. Increase No Effect No Effect
3. No Effect No Effect No Effect
4. Increase Increase Decrease
5. No Effect No Effect Decrease
6. No Effect No Effect No Effect
7. No Effect No Effect No Effect
8. Increase Increase No Effect
.
Explanation:
1. Declared a cash dividend.
This decreases cash and retained earnings but has no effect on common stock and additional paid in capital.
2. Issued par value common stock for cash at par value.
This increases cash and also increases common stock.
3. Completed a 2-for-1 stock split in which $10 par value stock was changed to $5 par value stock.
This does not affect any account but only increases the number of shares without any increase in the total common stock value.
4. Declared a small stock dividend when the market price was higher than par value.
This is a type of dividend that increases the common stock and additional paid in capital but decreases the retained earnings.
5. Made a prior period adjustment for overstatement of net income.
This reduces the net income and the retained earnings no effect on common stock and additional paid in capital.
6. Issued the shares of common stock required by the stock dividend declaration in item no. 4 above.
Since this is just to effect number 4 above, it has no further effect on any of the subdivisions of stockholders’ equity.
7. Paid the cash dividend in item no. 1 above.
Since this is just to effect number 1 above, it has no further effect on any of the subdivisions of stockholders’ equity.
8. Issued par value common stock for cash above par value.
This increases cash, common stock, and additional paid in capital. But this does affect retained earnings.