Answer:
It will increase the assets of the company by 1200000,it will increase the equity of the company by 1200000.
Explanation: A No-par value stock or shares is a share that doesn't have any stated or designated value stated in its certificate.
Assets are value yielding or money making investments or facilities of a business Organisation.
Equity is a term used in accounting and investments to refer to the total value of a company's shares or stock.
THE EFFECTS ON OGILVIE CORP. WILL BE THE WORTH OF THE NO PAR STOCK *NUMBER OF UNITS ISSUED WHICH WILL BE EQUAL TO $40*30,000UNITS OF SHARES
=$1,200000 WORTH OF MONEY TO BE DOCUMENTED IN BOTH THE ASSET AND THE EQUITY OF THE COMPANY.
Answer:
d. Harmon only needs to show the bank his record of income from
his old job, not his new business.
Hi, you've asked an incomplete question. However, I provided some explanations on distribution channels.
<u>Explanation:</u>
Interestingly, the term distribution channel is one often used in businesses today to refer to the various routes or intermediaries their goods or services passes through before it gets to the end-user or buyer.
Today the popular distribution channels among businesses include:
- retailers,
- wholesalers,
- distributors,
- the Internet.
Among the various options, the internet has been attributed by some big businesses to be most instrumental in their distribution process.
Answer:
Effect on income= 7,500 increase
Explanation:
Giving the following information:
Variable costs are $0.50 per unit.
Current monthly sales are 183,000 units.
Heaven Company has contacted Marx Company about purchasing 15,000 units at $1.00 each.
Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.
Sales= 15,000*1= 15,000
Variable cost= 15,000*0.5= (7,500)
Effect on income= 7,500 increase
