Answer:
code of business conduct.
Explanation:
The code of business conduct is also referred to as the code of ethics, depending on the company. It is a set of principles designed to guide workers to conduct themselves with honesty and integrity in all actions representing the company.
Answer:
See full answer attached for your perusal.
Answer:
you gave no options but according to me
Explanation:
When the demand for a product increases, businesses increase the price while decreasing the supply/quantity.
True................................
Answer:
Dr Cash $492
Cr Common stock $28
Cr PIC in excess of par 464
Dr PIC in excess of par $3
Cr Cash $3
Explanation:
Preparation of the Journal entry to record the issuance of the shares
Based on the information given we were told that the Industries issued 28 million of its $1 par common shares for the amount of $492 million on April 11 which means that the Journal entry will be:
Dr Cash $492
Cr Common stock $28
(28 million x $1)
Cr PIC in excess of par 464
($492-$28)
(To record the sale of the stock)
Based on the information given we were told that the Industries had Legal, promotional, and accounting services necessary to effect the sale cost of the amount of $3 million which means that the Journal entry will be:
Dr PIC in excess of par $3
Cr Cash $3
(To record the stock issue costs)