Sheffield Corp. recorded journal entries for the issuance of common stock for $206500, the payment of $68000 on accounts payable, and the payment of salaries expense of $105000. What net effect do these entries have on stockholders’ equity?

Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.