Answer:
par value of the shares issued.
Explanation:
In the case when the corporation issued the capital stock with regard to the service payment so the least & appropriate basis for recording the above transaction would be the par value of the shares issued as it would leads to the excess payment
Therefore according to the given situation the last option is right
Answer:
grace period = 2
credit report= 4
secured card = 3
annual percentage rate = 1
Answer:
II. A person is unemployed when they do not have a job, are able to work, and are actively looking for a job.
Explanation:
A person without a job must be actively looking for work to be counted as unemployed and willing/able to work. If not, then the person without a job is counted as being out of the labor force.
Answer:
Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.
Explanation:
Book value per share of Red Inc = $1.20 per share
As the value of share is revised just after the declaration but before distribution there will be gain on sale of investment.
Net gain = Sale price - Book value
= $3.40 - $1.20 per share = $2.2 per share
Total gain for the year end on June 30 will be
= $2.2 per share X 180,000 shares = $396,000 shares
Thus Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.
