Answer: 326,500
I’m not 100% sure why,but I had the same question on an assignment and that was the answer.
Answer:
Felix Incorporated
Exchange of Preferred Stock for Land:
Journal Entries:
Debit Land $90,000
Credit Preferred Stock $81,250
Credit Additional Paid-in Capital - Preferred Stock $8,750
To record the issue of 1,250 of $65 par-value preferred stock for land with a fair price of $90,000.
Explanation:
Felix Incorporated will debit Land with the fair price of $90,000 and Credit the Preferred Stock account with $81,250 (1,250 x $65) at par-value. The difference between the fair price of land and the preferred stock at par-value is credited to additional paid-in capital account for preferred stock. Felix Incorporated cannot take into account the current market value of the stock at $75 in its accounting records. The current share price of $75 is for the benefit of investors, and can only serve as basis for Felix Incorporated to decide transactions with potential investors.
Serena invents a new, unique, long-life battery. A grant from the government that gives Serena the exclusive right to make and sell the battery for a certain period of time is patent.
What is government?
An organised community is governed by a system or group of people, typically a state. Government typically consists of the legislative, executive, and judicial branches in the particular instance of its broad associative definition. Government is a mechanism for making policy decisions as well as a way to enforce organisational policies. A declaration of the government's guiding principles and philosophy is the equivalent of a kind of constitution in many nations. The term "government" is frequently used more specifically to refer to the roughly 200 independent national governments as well as subsidiary organisations, even though all organisations have governance. Modern democracies, monarchies, as well as authoritarian and totalitarian regimes are the main varieties of political systems. The monarchy, the aristocracy, the timocracy, the <u>oligarchy, democracy, theocracy</u>, as well as tyranny have all been common forms of government throughout history.
Therefore, the correct option is (B) patent
To learn more government
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Answer:
The Correct Options are "1" and "3"
Explanation:
- An MRP method is employed to arrange the fabric needed for manufacture and dispatch. Its accustomed make sure that material is on the market for fabrication and merchandise are accessible for dispatch. For this designing request predictions are mandatory to stay the required material in order that product will be made on time and also the production method doesn't get halted. Therefore possibility one is correct.
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In a pull method the material is made on request and for this simply in phase is incredibly necessary, therefore the association should be adapted to Just in time method and therefore possibility three is correct.
- In a Kanban method stream of knowledge is vital for correct operational of offer restraint and for this each section ought to add agreement with the alternative sections and therefore the assumed possibility is false.
Answer:
- The federal government reserves the power to print money.
- By printing money to pay its debts, the government decreases the value of money and causes the inflation tax.
Explanation:
As per the Constitution, the Federal government reserves the sole right to print currency. This ensures that all the states have a stable medium of exchange thereby allowing goods and services to flow across states undisturbed.
When the government prints money to enable it pay off its debt, the value of the currency decreases because the supply of money has increased relative to its demand. As a result, the currency will only be able to buy less than it was able to buy before thereby creating a sort of inflation tax because people would be paying an extra amount in order to purchase goods and services
