Answer:
Some sellers can set prices
Explanation:
Characteristics of competitive firms:
1. All sellers are price takers. No seller can influence market price.
2. All buyers are price takers
3. Forces of demand and supply determine market price.
4. All products are homogenous
5. There are no barriers to entry or exist of firms
6. There is perfect information
Answer:
make business texts look cluttered
Explanation:
Documents with a lot of text and not much white space makes business text look cluttered due to a lot of content which makes the text seem disorganized. Another disadvantage of cluttered text is that they are difficult to comprehend by an untrained eye.
Answer: The correct answer is "D. Its standards apply to all types of businesses, including electronics and chemicals.".
Explanation: The ISO 9000 standards are a set of Quality Control and quality management, established by the International Organization for Standardization (ISO). They can be applied in any type of organization or activity oriented to the production of goods or services. The standards include both the minimum content and the specific implementation guides and tools as well as the audit methods.
Answer:
November 6th is the last date to exercise the rights.
Explanation:
The shareholders have right to sell the rights to other shareholder, for which the shareholders need to exercise the rights before the right issue. If the shareholders doesn't makes any exercise of right issue before date then he is not entitled to rights anymore. The last date is the date on which the payment is made.
Answer:
See the attached excel file for the horizontal statements model.
Explanation:
In the attached excel file, we have:
FA = Financing activity
For event 1:
Cash = $20,000
Common stock = Number of shares * Share price at par = 1,000 * $10 = $10,000
PIC in Excess = Paid in capital in excess = Cash - Common stock = $20,000 - $10,000 = $10,000
For event 2:
Cash = Number of shares issued * Price per share = 2,000 * $2.50 = $50,000
Common stock = Number of shares * Share price at par = 2,000 * $10 = $20,000
PIC in Excess = Cash - Common stock = $50,000 - $20,000 = $30,000
