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zysi [14]
1 year ago
7

every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or

mailing address
Business
1 answer:
andre [41]1 year ago
3 0

It is the duty of every licensee to immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address. Hence, the given statement is true.

<h3>What is an address?</h3>

The term "address" refers to the location of a venue where something or someone can be easily found. There are various kinds of addresses that are used by humans to locate or locate either themselves or anything else or a human.

Some of the instances of address are residence address, business address, meeting address, and many more. All legal documents that are held by a person are registered at the address that is given by them.

Thus, when any kind of change in the address occurs or happens, it is the duty of the document holder to inform the signed authority.

Learn more about address from here:

brainly.com/question/12327108

#SPJ4

The complete question has been attached in text form:

Every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address

False

True

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Prepare the issuer's journal entry for each of the following separate transactions.
jeka57 [31]

Answer:

a.

March 1

Debit  : Cash $318,500

Credit : Common Stock $198,000

Credit : Excess of Par $120,500

<em>Being Issue of Par value Shares for $318,500 cash</em>

b.

April 1

Debit  : Cash $84,000

Credit : Common Stock $84,000

<em>Being Issue of no Par value shares for $84,000 cash</em>

c.

April 6

Debit  : Inventory $53,000

Debit : Note Receivable $103,000

Credit : Common Stock $68,000

Credit : Excess of Par $88,000

<em>Being Issue of Par value Shares for Inventory and Note Receivable</em>

Explanation:

Note: We are instructed to prepare journals from the issuer`s point of view and this needs to be followed.

When shares are issued, the Common Stock increases :

a. For par value Common Stocks, any price paid in excess of par value is accounted in Excess of Par Reserve.

b. For no par value shares, there is no Excess of Par Reserve, we simply record the increase in Common Stock at the price paid for.

3 0
3 years ago
A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic
Valentin [98]

Answer:

The correct answer is a. quick response and efficient consumer response delivery systems .

Explanation:

Rapid response systems, as the name implies, seeks to simplify the order process by making it as simple and fast as possible. This is of great importance to large store buyers who handle large volumes of inventory and require a quick response on availability and the time it would take for a new order to arrive to fill their shelves. Technology is important in this process because of its ability to generate data instantly, and because the transmission of information is done just a click away.

6 0
3 years ago
Explain at least one potential implication for the genetic diagnosis of traits such as intelligence and criminality.
tankabanditka [31]
When we're trying to determine a genetic foundation for intelligence and criminality we're allowing for the possibility of genetic determinism being a true thing which we obviously know it's not. For that reason it might be problematic to conclude anything about a genetic diagnosis for either of those considering there are always multiple variables which are at play. 
5 0
3 years ago
It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. The current long-term debt
atroni [7]

Answer:

A) Total investment for Digby will be $2,518,806

D) Long term debt will increase from $33,862,062 to $34,888,934

Explanation:

The current Long-term debt is $33,862,062

Digby issues new shares of 50,000 with stock price $20.54.

50,000 shares * $20.45 = $1,027,000

Assets of Digby will rise by,

Assets / Equity = 2.45

Assets / $1,027,000 = 2.45

Assets = 2.45 * $1,027,000

Assets = $2,516,150

6 0
3 years ago
Read 2 more answers
A company is considering the purchase of new equipment for $57,000. The projected annual net cash flows are $23,400. The machine
lina2011 [118]

Answer:

Net Present Value = $3,304.069

Explanation:

<em>To determine whether or not the investment was right, we will need to determine the net present value of the investment (NPV). </em>

<em>The NPV is the difference between the present value PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite. </em>

NPV of an investment(NPV)

NPV = PV of Cash inflows - PV of cash outflow

The cash inflow is an annuity.

PV of annuity= A× 1 -(1+r)^(-n)/r

A- Annual cash flow ,- 23,400 r - discount rate - 8%, number of years- 3

Present Value of cash inflow =23,400 × (1- (1.08)^(-3)/0.08 = 60,304.06

Initial cost = 57,000

Net Present Value = 60,304.06 - 57,000 = 3,304.069

Net Present Value = $3,304.069

<em>Kindly note that a discount rate of 8% was used as it is the opportunity cost of capital for the investment.</em>

     

4 0
3 years ago
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