Answer: $82000
Explanation:
Interest will be calculated as:
= No of shares x Face value per Share x Interest rate
= 1000 × $1000 × 8%
= 1000 × $1000 × 0.08
= $80000
Total face value of shares issued = 1000 × $1000 = $1,000,000
Issue Amount will be:
= No of shares x Face value per Share x Issue rate
= 1,000 x 1,000 x 98 %
= $980,000
Discount on issue will be:
= $1,000,000 - $980,000
= $20,000
Amortization of Discount on issue per annum will be:
= $20,000/10
= $2000
Therefore, interest expense will be:
= $80000 + $2000
= $82000
The answer to this question is <span> Huxley; Wilberforce
Wilberforce use an argument that it's impossible for human to be the descendant of apes because both are whole different species.
Huxley argued that human was another species of primate that able to survive through natural selection, so humans does not necessarily shares identical genetics as apes.</span>
Answer:
O Lower under average cost than LIFO.
Explanation:
Whenever the costs are rising and inventory quantities are stable it means that the later that the inventory is bought the more expensive it is because costs are rising and increase with time. So the cost of goods sold will always be the highest under LIFO when costs are rising because, the goods being bought last are the most expensive will be expensed first under LIFO. The costs of good sold will be lowest under FIFO when costs are rising because the cheapest goods will be expensed fist. So in this case the only option that makes sense is that the cost of goods sold will be lower under average cost than LIFO.
Answer:
Money
Explanation:
Capital is a term used to mean wealth, which includes cash deposits or other financial assets that an individual or an organization has to invest or for developments. It is money invested in a business to generate profits. Economists consider capital is a factor of production.
