Exhibit 15-2 Lawrence, Inc

question 18

Multiple Choice

Exhibit 15-2 Lawrence, Inc., entered into a subscription contract with several subscribers that calls for the purchase of 2,000 shares of $5 par common stock for $15 a share. The contract calls for a 20% down payment and specifies that any amounts not paid within the contract period will be forfeited in full.

-Refer to Exhibit 15-2. The initial entry to record this subscription and the down payment would include a

• A) credit to Common Stock Subscribed for $10,000
• B) credit to Additional Paid-in Capital from Subscribed Stock for $10,000
• C) debit to Subscriptions Receivable: Common Stock for $30,000
• D) debit to Cash for $2,000

Identify and understand major trends in digitization affecting supply chains.

Distinguish between different types of innovation and illustrate with examples.

Understand the requirements for cognitive systems in the context of digital transformation.

Recognize the stages and levels of sophistication in supply chain analytics.

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Definitions:

Gluten Sensitivity

A condition characterized by adverse reactions to gluten, a protein found in wheat, barley, and rye, distinct from celiac disease and wheat allergy.

Dietary Need

Specific nutritional requirements or restrictions for maintaining health or managing medical conditions through diet.

Gluten

A mixture of proteins found in wheat and related grains, which can cause health issues in individuals with celiac disease or gluten sensitivity.

Purge

(1) When referring to charts, to clean out; purge files of those patients who are no longer being seen by the provider. (2) To empty; to cleanse of impurities; clear.