Answer:
Additional paid in capital in excess of par value is any amount of money received through issuing stocks at a higher value than par:
additional paid in capital = ($47 - $5) x 12,000 stocks = $42 x 1,200 = $504,000
Additional paid in capital does not affect retained earnings, so retained earnings should remain unchanged.
Answer:
orange juice 0.80 dollar
Bagel 1 dollar
coffe 0.60 dollar
Explanation:
We construct the equation system:
We subtract one from another to get an expression without C:
1.5A+1.2B+C - (A+B+C) = 3 - 2.40
0.5A + 0.2B = 0.6
Then, we solve in the first part to express B as an expression of A
considering the coffe is worth half of the new cost of A
C = 1.5A / 2 = 0.75A
A + B + C = 2.40
A + B + 0.75A = 2.40
B = 2.40 - 1.75A
And now we replace in the other expression to get A:
0.5A + 0.2(2.40 - 1.75A) = 0.6
0.5A - 0.35A + 0.48 = 0.60
0.15A = 0.12
A = 0.12/0.15 = 0.8
Now we solve for C:
C = 0.75A = 0.6
Last, for B:
A + B + C = 2.40
0.8 + B + 0.6 = 2.40
B = 2.40 - 0.8 - 0.6 = 1
The right answer for the question that is being asked and shown above is that: "TRUE." Consumers have the right to be protected against false and misleading information about goods and services. This statement is true as far as the consumer's right is concerned.
Answer:
Life is hard because life needs to know if you're willing to fight. Willing to be strong when life is 'hard'. The second that you prove yourself with one challenge, another challenge show's up. Don't let life get you down. Be grateful for all you have. Live as if it's your last day. :>
Explanation:
Answer:
50%
Explanation:
The formula and the computation of the contribution margin ratio is shown below:
Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $40 per unit - $20 per unit
= $20 per unit
So, the CM ratio is
= ($20 per unit) ÷ ($40 per unit) × 100
= 50%
