Answer:
$100,000
Explanation:
The common stock account would increase by the total value of the stated value of the shares issued and the difference between the issue price and stated value would increase the capital in excess of the par account
Increase in common stock account=10,000*$10
Increase in common stock account=$100,000
increase in paid-in capital in excess of par=($70-$10)*10,000
increase in paid-in capital in excess of par=$60*10,000
increase in paid-in capital in excess of par=$600,000
Answer:
a. continue with the project provided that the additional solar electricity is worth more than $10 million.
Explanation:
It is provided that after cost overruns of the project is $10 million, which can never be recovered, thus, it is a kind of sunk cost.
Sunk cost is the cost which is made previously, and now in no manner will affect the decision, as cannot be recovered.
Therefore, such cost is ignored.
Further provided additional cost will be $12 million, therefore, now the society shall make a rational choice whether to continue the project providing solar electricity of $10 million, as in case of amount of solar energy is $32 million or $22 million, then the choice is obvious to accept,
Rational choice will be for solar electricity worth $10 million.
Therefore, correct statement is
a. continue with the project provided that the additional solar electricity is worth more than $10 million.
Under United States tax law, the standard deduction is a dollar quantity that non-itemizers may deduct from their income before income tax is applied. Taxpayers may select either itemized deductions or the standard deduction, either outcomes in the lesser amount of tax payable. The standard deduction is accessible to US citizens and aliens who are occupant for tax purposes and who are individuals, married persons, and heads of household. When filing her own tax return, Margie is limited to the greater of $1,050 or $1,750, it is solved by the sum of the earned income for the year plus $350.So the answer is $1,400 + $350 = $1,750
Answer to Question 1:
I'm am indifferent. Sometimes I shop online for convenience.
In my experience however, getting my products and or purchases and the best price possible and at the best quality possible prevails over convenience as sometimes, people courier orders which are completely different from what was requested.
Answer to Question 2:
Of course, I could purchase books, data, and other products whose quality and quantity cannot be manipulated in anyway.
Answer to Question 3 & 4:
I would never purchase cooked food online.
I once purchased grilled fish online only to discover that it was not properly cooked on the inside. The interior of the fish was raw with blood in it. It was disgusting.
Cheers!
Answer:
$4,085,000
Explanation:
Given that,
Coronado Industries, issued for $103 per share, 95000 shares of $100 par value convertible preferred stock.
1 share of preferred stock = 3 shares of common stock ($20 par value)
Additional paid in capital:
= Preferred stock - Common stock
= [95,000 shares × $103] - [(95,000 shares × 3 shares) × $20]
= $9,785,000 - (285,000 shares × $20)
= $9,785,000 - $5,700,000
= $4,085,000
