Answer: C. No, but he is liable for another $2 per share.
Explanation:
A stock is not to be issued below its par value as this is the lowest price that it is to be issued at. If a par value is $4 for instance, the stock cannot be issued for anything less than this $4.
In this scenario, the par value is $8 per share which means that Globule Inc. cannot issue this share for less than $8. Kirby in paying only $6, is still liable for $2 so that he can at least pay for the stock at its par value.
Answer:
d. All ending inventory balances are zero.
Explanation:
Manufacturing overhead is an indirect cost which occurs when the production is done. Examples are Depreciation, Repairs and Maintenance etc.
All ending inventory balances are zero is the correct option because there is no opening balance and any change in net income is recorded in the balance sheet so, there will be no closing balance.
All production costs approach those costs that were budgeted, The sales mix does not vary from the mix that was budgeted and All manufacturing overhead is a fixed cost are all incorrect.
Answer:
The correct answer is hot site.
Explanation:
A hot site is a site where a company's operation can take place after a disaster. it is a duplicate of the original site and is situated at an off-premises location. It is a backup site which has all the equipment that is required to continue operations. it is always online and immediately available.
A warm site has lesser equipment than a hot site and requires more time to be operational. A cold site has the least equipment and takes a few days to be operational but is the cheapest alternative.
Since the company here wants the business to resume in the least time it should go for a hot site.
Answer:
- Now that the very evidence that lead to conviction of the defendant, that person will no longer serve the sentence given as a punishment as a result of the crime committed.
- Yes, the defendant would be free to go for now, unless they can produce any more evidence to charge him with the crime he allegedly committed.
- Conventionally it would go back to the trial court until and unless specified otherwise by the judge.
- It could go all the way up to the supreme court depending on whether the legal counsel handling the case puts in a request for it.
Hope that answers the question, have a great day!
Answer:
b. Yes, because she will build social media skills.
Explanation:
In this scenario Nancy's long term goal is to manage a social media department of a large company. She now hot an internship as a social media assistant in a small company.
The internship that she is undertaking bin the short run is relevant to the her long term career goal of managing a social media department in a large firm.
So this is a stepping stone in achieving her long term goal.
In the future when a social media opening comes up she will have the relevant experience to perform in this role.
