I'm not sure I believe its mark up or supply and demand
Answer:
The total amount of stockholders' equity is: $10,000
Explanation:
The accounts and values included in stockholders' equity are:
- Common stock 4,000 (1)
- Paid in capital 4,000 (2)
- Treasury stock -1,000 (3)
- Retained earnings <u> 3,000 (4)</u>
Total stockholders' equity 10,000
1 - Nominal value of outstanding shares.
2- Difference between the price paid by stockholders when shares were issued and nominal value.
3- Shares recovered by the company.
4- Earning accumulated by the company.
Answer:
2. False
Explanation:
Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.
For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.
A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.
But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.
In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.
Thus, the contract will be legally enforceable as per the law.
A) the marginal propensity to save is the number associated with y which is 0.8
B) the marginal propensity to save is 1-0.8 = 0.2
C) replace y with the 400 and solve: c = 40 + 0.8(400) = $360
D) Average propensity to consume = 360/400 = 0.9
E) 400-360 = $40
F) 40/400 = 0.1
