Answer:
24%
Explanation:
Given that,
Current liabilities = $ 510
Long-term debt = $340
Common stock = $600
Retained earnings = $1,050
Total liabilities & stockholders’ equity = $2,500
The common stock would appear as a percentage of the total liabilities & stockholders’ equity.
Therefore, the common stock would appear:
= Value of Common stock ÷ Total liabilities & stockholders’ equity
= $600 ÷ $2,500
= 0.24 or 24%
4. The introduction of camera phones makes cell phones more popular.
A) Adding all goods and services
Answer: D. the untrue statements were not material
Explanation: In the registration statement Space Trips inc filed to SEC before public offering , the registration was containing false and immaterial statement of which the public are not aware of . So it best defense will be " the untrue statements were not material", since Space Trips inc have been charge with violating the Securities Act of 1933.
Answer:
fair market value
Explanation:
The current estate tax (2020) only applies for estates worth over $11.58 million. For taxation purposes, estates are taxed at fair market value. E.g. Rudy bought a building 10 years ago at $10 million, but it is now worth $15 million, the current market value ($15 million) will be used to determine any applicable estate taxes.