Answer:
In other words,this redemption transaction results in $60000 charge to e&p and $85000 reduction of Caramel's paid capital account
Explanation:
E&P in relation to redemption is =total e&p/total shares*shares redeemed
E&P in relation to redemption is =$300000/5000shares*1000shares
E&P in relation to redemption is =$60000
The reduction in Caramel's paid-in-capital is $85000 ($145000-$60000)
Answer:
d. $1,470,000
Explanation:
The computation of the cash realizable value of the accounts receivable is shown below:
= Ending balance of accounts receivable - credit balance of uncollectible amount
= $1,600,000 - $1,30,000
= $1,470,000
For finding out the cash realizable value, we deduct the credit balance of uncollectible amount from the ending balance of accounts receivable
Answer:The Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) governs eligibility of a not-for-profit entity to be registered as a charity for federal purposes, and establishes governance standards and reporting requirements for registered organizations
WARNING: I am not sure I am right
Explanation:
As a group oligopolists would always be better off if they would act collectively as a single monopolist.
Why do oligopolists act together?
- By acting together oligopolistic firms can hold down industry output, charge a higher price, and divide up the profit among themselves.
- When firms ac t together in this way to reduce output and keep prices high, it is called collusion.
What are the advantages of oligopoly?
- An oligopoly can adopt a competitive strategy.
- The extra profits earned from an oligopoly can go into research and development.
- It can bring price stability to the market.
- Oligopolies can offer more information to their consumers.
Learn more about oligopoly here:
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