Answer:
The answers are:
<u>January 10</u>
Cash $816,000
Common stock $510,000
Contributed capital in excess
of par value, common stock $306,000
<u>January 15</u>
Equipment $80,000
Common stock $50,000
Contributed capital in excess
of par value, common stock $30,000
<u>February 1</u>
Organizational expenses $3,000
Common stock $25,000
Contributed capital in excess
of par value, common stock $500
Explanation:
Contributed capital in excess of par value is the amount of money (or other assets) over the par value of stock (in this case $5 per common stock) that the company received form shareholders in exchange for stock.
Answer:
THE ANSWER IS TRUE
Explanation
What is Span control?
Span control can be referred to as the number of subordinates under the managers direct control, and as an example,a manager with six direct reports has a span of control of six.
The commonly accepted definition of span of control is as follows: “the number of subordinates directly reporting to a leader/manager.
Answer:
Letter A is correct. <u>Fostering competition.</u>
Explanation:
In this case, it is correct to say that small businesses are fostering competition.
Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.
Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.
Answer:
B) –2%
Explanation:
The total return on an investment is calculated by,
Total Return = Capital gains ÷ Initial Investment x 100
First we will have to calculate capital gains of his investment,
He got 600 in dividends and 4,300 after selling the stock against the initial investment of $5,000.
So capital gains,
= 600 + 4,300 - 5,000
= -100
Total Return would be,
= -100 / 5,000 x 100
= -2% is the total return on his investment.
