Answer: A preferred stock's nominal (par) value is important in that it is used to calculate its dividend while the nominal value of common stock is an arbitrary value assigned for balance sheet purposes. In economics, nominal value refers to the current monetary value and does not adjust for the effects of inflation.
Explanation:
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Answer:
4. Maintain; Defaults, Inventory Items, record inventory information.
Explanation:
The question, in my understanding, is referring to master data of inventory items. Most enterprise inventory systems maintain attributes/information about a specific inventory item in a master table so that this record (and all other default info saved against it) can be pulled up and used in transactions as needed. Answers 1-3 are all pertaining to transactions and not maintenance information.
I think its A cuz its about good or bad credit all the time
Answer:
E) None of the above
Explanation:
In partnership, the partners earn profit. The salary allowances are considered as though paid to a third party and are considered before arriving at the net income.
As such, given that net income is $30,000 and is to be shared in the ratio 80:20 between Gary and Elaine respectively.
Elaine's share = (20/100) × $30,000
= $6,000
The elements that would have to be in place for a contract to be unconscionable would be that
- They were under pressure
- They were misled
- They did not have the right information
<h3>What is meant by a contract?</h3>
This is the term that is used to refer to the fact that two people or more have agreed to do business with themselves.
In order to be a contract, one person would have to create a bargain and the other would be the one that would agree to the terms.
It is unconscionable at the time when the contract is done and the person or one of the parties is found not to have been able to make the contract agreement at their right frame of mind. In this case, the law has the power to protect this party.
Hence they would have to rule in his favor. Therefore to be unconscionable, a contract would have to have been misled, have been made under duress and without the adequate information.
Read more on contracts here:
brainly.com/question/5746834
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