The reason why commodity futures contracts are transferable is: <span>They can be bought and sold but the obligation in the contract remains valid.
Commodity futures contract is an agreement to buy or sell a specific asset at a specific price somewhere in the future.
This contract does not specify the name of the person who should buys the asset, so it could be transferable as long as the exchange is still fuiflled.
</span>
Answer:
Dr Land account 10,000
Cr Common Stock account 2,000
Cr Capital Paid in Excess of Par Value account 8,000
Whenever a company sells stock it must record the transaction under common stock account at par value (= 200 shares x $10 = $2,000). Any extra money received must be recorded as capital paid in excess of par value (= $10,000 - $2,000). The basis for the land that Jose Garcia contributes must be its fair market value ($10,000).
Answer:
A decrease in a firm's WACC will increase the attractiveness of the firm's investment options.
Explanation:
hope this helps you :)
It will be without the 'ez' which makes 1040.
Answer:
Which of these transactions would produce $10,000 of revenue in December?
BOC collected a $10,000 deposit in December for goods it will ship in January.
Explanation:
From the above analogy, it is only money collected/deposited in December for goods that reflects for revenue generated by BOC in the above mentioned month