Answer:
B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000
Explanation:
Whenever shares are issued at a price higher than the par value, then the additional value that is higher than par value is is added to paid in capital in excess of stated common capital.
Here, in the given case stated capital = 10,000
$3 = $30,000
Paid in capital in excess of stated capital = 10,000
($16 - $3) = $130,000
Thus, correct entry will include credit to both of the above.
Therefore, correct option is
B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000
<u> </u><u>The </u><u>Economies of </u><u>scale </u> occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.
Hope It's Help
Answer:
The answer is a. The project will utilize some equipment the company currently owns but is not now using.
Explanation:
If you look at all the other options that are listed here, they either are a significant sum to the company or has a significant the opportunity cost. In this one, company uses idle assets and therefore bears no opportunity cost.
Answer:
Loss on disposal = $2232
Explanation:
To calculate the amount of gain or loss on sale, we must first calculate the net book value or NBV of the asset. The net book value is the difference between the cost of the asset and the accumulated depreciation. The formula for NBV is as follows,
NBV = Cost - Accumulated depreciation
NBV = 223162 - 200846
NBV = 22316
If the sales proceeds are more than the NBV of the asset, the asset is sold on gain and vice versa.
Loss on disposal = 20084 - 22316 = - $2232 or$2232 loss
Answer:
PV= $15,291.74
Explanation:
Giving the following information:
Annual cash flow= $1,5000
Number of years= 20
Interest rate= 7.5%
To calculate the present value, first, we need to determine the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {1,500*[(1.075^20) - 1]} / 0.075
FV= $64,957.02
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 64,957.02/(1.075^20)
PV= $15,291.74