Answer:
c.Issuance of common stock.
Explanation:
Investing activities lead to an increase in business cash flows. Investing involves spending money with the expectation of making higher returns.
Some investing activities include
1. Purchase or acquisition of assets to be used in the production process.
2. Sale of business assets
3. Acquisition or sale of other business
Issuing of common stocks is not considered an investment option. Common shares are issued when companies need to raise additional capital. Issuance of common shares is a financing activity.
Answer:
82,500
Explanation:
Data provided in the question:
Total par value of common stocks account = $660,000
paid-in capital in excess of par value = $1,600,000
The par value of Flagler's common stock = $8
Now,
The number of shares of Flagler stock have been issued
=
or
The number of shares issued of Flagler stock have been
=
or
The number of shares issued of Flagler stock have been = 82,500
Answer:
True
Explanation:
The charter is the authorization for a bank to start its operation. This document is received by each state in which the bank operates.
Answer and Explanation:
1. The computation of the joint cost of each production assign to the smooth skin by relative sales values method is shown below:
Smooth skin
= $360,000 × (170,000 × $3.20) ÷ (170,000 × $3.20 + 300,000 × $5.20)
= $360,000 × $544,000 ÷ $2,104,000
= $93,080
And, for silken smooth
= $360,000 × (300,000 × $5.20) ÷ (170,000 × $3.20 + 300,000 × $5.20)
= $360,000 × $1,560,000 ÷ $2,104,000
= $266,920
Answer:
The correct answer is b) This is an example of a direct transfer of capital.
Explanation:
The term Direct transfer refers to the internal transactions that are made in a company. They commercialize their stocks or bonds directly to savers. The financier system doesn't play any role in this transaction because the Direct transfers are not considered official distributions.