Dallkin Corporation Issued 5,000 Shares of Common Stock on January

question 40

Multiple Choice

Dallkin Corporation issued 5,000 shares of common stock on January 1, 2015. The stock has no par value and was sold at $18 per share. The journal entry for this transaction would include a:

• A)debit to Cash for $90,000 and a credit to Common Stock-No-Par Value for $90,000.
• B)debit to Cash for $90,000 and a credit to Paid-In Capital in Excess of Par-Common for $600,000.
• C)credit to Cash for $90,000 and a debit to Common Stock-No-Par Value for $90,000.
• D)credit to Cash for $90,000, a debit to Paid-In Capital in Excess of Par-Common for $5,000, and a debit to Common Stock-No-Par Value for $85,000.

Describe the role of positioning and its impact on marketing effectiveness.

Explain the concept of branding and its significance in marketing.

Understand the concept of commoditization and its effects on the market.

Identify the stages of the product life cycle and their marketing implications.

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Definitions:

Transactions

The act of buying, selling, or exchanging goods, services, or financial assets in a market.

Optimal Spread

The most favorable allocation or distribution of assets, investments, or resources to minimize risk and maximize returns.

Market Maker

A firm or individual that quotes both a buy and a sell price in a financial market or commodity, hoping to make a profit on the bid-offer spread.

Transactions

The act of conducting business or exchange between parties, often involving the transfer of goods, services, or funds.