Question: Managerial decision-making is forward-looking and predictive. Predictive power suggests certain results. Whether building a stock model intended to predict stock price or a business decision

Managerial decision-making is forward-looking and predictive. Predictive power suggests certain results. Whether building a stock model intended to predict stock price or a business decision model, economic models are more an art than a science. Provide examples of different Excel-type models used by companies to make economic-type decisions

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A company issues 1,050 shares of its common stock for $33,600 cash. Prepare journal entries to record this event under each of the following separate situations.