Answer:
C) This company should go through the qualification process in order to register.
Explanation:
Since this company will only offer its new shares in one state, then it can avoid the registration processes related to the federal level (Uniform Securities Act). The state level registration process is the qualification process. So this is the only process the company must follow and it will avoid the coordination process and the notice filing.
Answer:
B) $24294
Explanation:
PVIFA = (1 - (1 + r)^-n)/r
= (1 - (1 + 8%)^-10)/8%
= 6.710
PVIF = 0.4632
present value = (amount expected to receive for the first 10 years)×(PVIFA) + (amount expected to receive for the second 10 years)×(PVIFA)×(PVIF)
= (2000)×(6.710) + (3500)×(6.710)×(0.463)
= $24293.6
≈ $ 24294
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Answer:
$154,700
Explanation:
The computation of the change in amount is shown below
But before that first find out the ending capital balance which is
= (Total assets - total liabilities) + (revenues - expenses) - drawings
= ($300,000 - $208,000) + ($523,000 - $319,000) - $49,300
= $92,000 + $204,000 - $49,300
= $92,000 + $154,700
= $246,700
Now the change in capital balance is
= Closing balance - opening balance
= $246,700 - $92,000
= $154,700