Percy corporation was formed on january 1. the corporate charter authorized 100,000 shares of $10 par value common stock. during the first month of operation, the corporation issued 250 shares to its attorneys in payment of a $4,500 charge for drawing up the articles of incorporation. the entry to record this transaction would include:
a. a credit to common stock for $4,200.
b. a debit to organization expenses for $4,200.
c. a debit to organization expenses for $2,200.
d. a credit to paid-in capital in excess of par value, common stock for $4,200.
e. a debit to paid-in capital in excess of par value, common stock for $2,000.

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?

How has internet access changed and affected globalization from 2003 to 2013? a ten percent increase in internet access has had little effect on globalization. a twenty percent decrease in internet access has had little effect on globalization. a thirty percent increase in internet access has sped up globalization. a fifty percent decrease in internet access has slowed down globalization.