Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
Answer:
B. Imposed Non Exchange Transactions
Explanation:
A non exchange transaction is a form of transaction whereby a party or a group or an individual receives something of value without directly giving value back in exchange. In non exchange transactions, a party gives value to another without directly receiving approximate value in exchanges. Grants, taxes, special assessments, fines and so on are all parts of non exchange transactions. However, taxes and fines are imposed non exchange transactions because they are assessed and not derived from transactions.
Answer:
$85,000
Explanation:
Given that,
Shares sold = 50,000 shares of $3 par common stock for $5
Buys back = 10% of its common shares outstanding for $7 per share
Total equity on December 31 = $300,000
Balance in stockholder's equity without retained earnings:
= Beginning balance in stockholder's equity + Increase in stockholder's equity - Decrease in stockholder's equity
= $0 + (50,000 × $5) - (50,000 × 10% × $7)
= $250,000 - $35,000
= $215,000
Retained earnings on December 31:
= Total equity at December 31 - Balance in stockholder's equity without retained earnings
= $300,000 - $215,000
= $85,000
Answer:
"D"
Explanation:
Sales literature is a marketing approach strategy where apart from advertisements , a marketer uses collection of different materials like brochure , specification sheets ,price lists in enlightening customers towards making buying decision
Under the FINRA rule 2210, it must be delivered to more than 25 prospective clients.
Where it is providing testimonial concerning certain investment performance,it must disclosed that
- the testimonials do no belong to others
- it is no guarantee of future performance
- if more than a nominal sum is paid and the fact that it is a paid testimonial
