Exchange
<span>Exchange is simply the act of the of giving and receiving between two individuals or two groups. A trade is a typical example of an exchange.
For instance, if a farmer gives a fixed number of eggs to another farmer for a
fixed quantity of cow’s milk, this is an exchange. Similarly, if a house guest offers to cook and
clean in return for free accommodation, this is an exchange. </span>
Answer:Average issue price = $105--b
Explanation:
Preferred stock , $100 par = $260,000
number of shares issued =Preferred stock / par value preferred stock= =$260,000 / $100 = 2,600 shares
Paid in capital in excess of par = total issued price - preferred stock
total issued value = paid in capital in excess of par preferred stock + preferred stock = 14,000 + 260,000=$274,000
Average issue price = Total issue price / number of shares issued = $274,000/ 2600= 105.38 = $105
Both must be familiar with the new and old products as well as updates and quick fixes. However those in corporate are in charge of developing new products and keeping the older ones updated.
nonexpendable type of account would you assign a gift of $1.5 million dollars with restriction indicating that only the future income generated from this balance can be used by the government
An expendable trust is a trust that can expend both capital and income resources for authorized purposes. A non-expendable trust is a trust that stipulates that profits can be expended rather than capital.
Consumables that wear out during use. For example ammunition, paint, fuel, cleaning and preserving materials, bandages, medicines, medical supplies, etc., or anything that loses its identity. B. Spare parts, etc. Also called consumables.
Non-Exportable Assets – Generally, the unit purchase price for assets that retain their original identity while in use is $1,000 or more. and a life expectancy of over two years. (e.g. furniture, pool table, TV)
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Answer:
It is advisable to process Z unit further.
Explanation:
Ans: C. Z.
Decision about further processing of Products
Particulars/ Products X Y Z
Selling Price after further processing $ 20 $ 40 $ 70
Less: Selling Price at split off $ 16 $ 26 $ 48
Incremental value $ 4 $ 14 $ 22
Less: Further Processing Cost $ 8 $ 20 $ 20
Profit / (loss) arising due to further processing (a) ($ 4) ($ 6) $ 2
Units (b) 12,000 8,000 7,000
Increase/ (Decrease) in Operational Income (a*b) ($ 48,000) ($ 48000) $ 14,000
It is advisable to process Z unit further.
