Answer:
183,333.33 shares
Explanation:
The computation of the shares of stock need to be sold is shown below:
= Total amount required to expand its current operations ÷ subscription price
= $3,300,000 ÷ $18 per share
= 183,333.33 shares
This is the answer and the same is not provided in the given options
We simply divide the Total amount required to expand its current operations by the subscription price so that the accurate shares can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
<u>Occupational licences</u> are issued by government agencies
Explanation:
Occupational licensing, a type of government regulation, which requires a valid license to practice a particular profession. It is a proof that an individual has successfully completed a course or passed a test and is eligible to pursue an occupation.
Such a license is issued by a government agency. It is a necessity for practicing certain professions that have a large effect on the citizens. Examples of such professions are doctors, engineers, lawyers etc.
Answer:
Adaptations by the licensee to fit local tastes.
Explanation:
It does not include that the “ adaptations by the licensee to fit local tastes” because the licensing is the process through which a person gets permission to work within the industry. Moreover, if a person gets the license to work in a certain market place then it does mean that it will be successful. To fit in the local taste requires other factors except the licensing.
<span>The importance of management is based upon the </span>economical and effective strategic planning & regulation of operations of an enterprise to fulfill the given purposes.
To learn more of the importance of management, see attached file.
Answer: D) It increases liabilities and decreases stockholders' equity by $1.2 million each.
Explanation:
Even though the company has not paid for the advertisement, the expense has already been incurred and by the Accrual principle of accounting it needs to be recorded.
It will therefore be recorded as an expense which will reduce the Income for the year which is a Stockholder equity account so therefore it will reduce the Stockholder account by $1.2 million.
Because the company has not yet paid for the advert, the amount have to be recorded as a liability to the company so liabilities will increase by $1.2 million.