Answer:
Market : Gasoline
b. Standardized good
c. Full information
e. Participants are price takers.
Market : Barbershop haircuts
a. Large number of buyers
c. Full information
Market : Bicycles
a. Large number of buyers
b. Standardized good
c. Full information
d. No transaction cost
Explanation:
The three markets will have different characteristics which will cause the competition. The Gasoline market has standardized product and the customers are price takers. Usually the prices are fixed for the products and there is no bargaining.
Answer:
Inventory should be increased by $3,500
Explanation:
Calculation for What adjustment to inventory should be made under IAS 2 after this event
Adjustment to inventory under IAS 2= 13,000 - 9,000- 500
Adjustment to inventory under IAS 2 = $3,500 Increased
Based on the above calculation the adjustment to inventory that should be made under IAS 2 after this event is that Inventory should be increased by $3,500.
Studying. Never stop studying, going over your work twice, and double checking.
Answer:
Tenancy by the entirety
Explanation:
Tenancy by the entirety is a type of ownership over the property among the married couple. Each individual is the owner of the property and has an equal right over it. The possession of each spouse is shared mutually among the couple. In case, any of the couples dies, the entire possession of the property is passed on the other surviving partner. The possession of the property is owned by the couple as a single property.
In the given excerpt, Tenancy by the entirety would be the best option to purchase a property for Greg and Caitlin after they are married.
Answer:
Canceled. It is usually perforated and attached to the certificate book.
Explanation:
An independent stock transfer agent is an agent which a corporation has assigned the responsibilities of keeping the financial records of all its investors and track the movements of their account balances. The agent can be a bank, trust company or other related financial institutions.
Basically the functions of a transfer agent are to maintain the records of the owners of securities like bonds and stocks of a company that are traded publicly as well as cancelling and issuing certificates, and dealing with other issues.
When a does not employ an independent stock transfer agent, but rather issues its own stock and maintains its stock records, all these functions have to performed by it, especially by the registrar of the company. As the issue of selling and transferring stocks is a specialized area of functions carried by agent with the specialized training which the registrar may not have, a simple method of cancelling the certificate of a selling shareholder is employed when outstanding shares are transferred from one holder to another.
Therefore, the certificate of a selling shareholder is employed when outstanding shares are transferred from one holder to another especially by perforating and the attach it to the certificate book.
I wish you the best.
