Answer:
b. 300,000 shares being sold is an issuer transaction and the 200,000 shares being sold is a non-issuer transaction.
Explanation:
A non-issuer transaction is a transaction that does not directly benefit an issuer or it was not directly executed to benefit an issuer.
According to the Uniform State Law, an entity involved in the sales of certificates of interest, leases, mining titles among others is officially exempted from being labelled as an issuer. Hence, the entity (officers of the firm) in the question are non-issuer brokers.
Specifically, when the sales of stock are carried out by someone or an individual who is not a registered stockbroker, that individual officially becomes what is called 'a non-issuer broker-dealer'. The implication is that such a transaction is to be exempted from the registration requirements of the Security Exchange Commission.
In this question, since the issuer newly issued 300,000 shares while the remaining 200,000 in the proposed combination was offered by Officers of the firm - non-issuer broker-dealers. The Law states that it must be separated to show that 300,000 shares are sold in an issuer transaction (Primary) directly involving an official issuer while 200,000 shares are sold in a non-issuer transaction (Secondary).
Answer:
B. International trade enables specialization, which brings increased efficiency and greater competition.
Explanation:
Answer:
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Explanation:
Monthly rent = $3,600
Rent paid on 1 January = $3,600 
6 = $21,600
Out of which Prepaid Rent = $3,600 5 = $18,000
for 5 months
Prepaid rent account as on April 30 balance will be of rent for May and June,
That is $3,600 2 = $7,200
Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.
Final Answer
The balance in the Prepaid Rent account as of April 30, 2018 = $7,200
Answer:
Negative NPV.
Explanation:
present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.
Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.
Answer:
Date General Ledger Debit Credit
May 24 Accounts Receivable-Old Town Café $18,450
Sales $18,450
Cost of goods sold $11,000
Inventory $11,000
Sept. 30 Cash $6,000
Allowance for Doubtful Accounts $12,450
Accounts Receivable-Old Town Cafe $18,450
Dec. 7 Accounts Receivable-Old Town Cafe $12,450
Allowance for Doubtful Accounts $12,450
Cash $12,450
Accounts Receivable-Old Town Cafe $12,450
