Answer:
paid in capital in excess of par value = $2000
and There will be a debit to Organisation expenses for $4,700
Explanation:
given data
charter authorized = 100,000 shares
common stock = $10 par value
issued = 270 shares
payment = $4,700
solution
we know here that
Paid up value of the stock = $10 per share
and here shares issue to the attorney satisfying the organisation expenses is 270 shares
so common stock = 270 shares × $10
common stock = $2700
so paid in capital in excess of par value = $2000
and There will be a debit to Organisation expenses for $4,700
The formula to use get the % of grand totals is as follows:
- after having the group subtotals, enter the formula SUBTOTAL(9,B2:B21) into a cell you need then press Enter key.
<h3>What is a cell?</h3>
In a spreadsheet. this refers to the rectangular area that is formed by the intersection of a column and a row.
On a typical spreadsheet, every cells have its assigned code from Combination of Number 1-10 to Alphabet A-Z.
In order to calculate the percentage of the grand total for each type of school supply, we will need to enter a formula in the "% of Grand Total" column to divide the value in the "Total Cost" column by the grand total which will format the result as a percentage.
Read more about cell
<em>brainly.com/question/25879801</em>
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Answer:
true we import and export to other countries
Explanation:
Answer:
The income before taxes for Discounted Supplies Inc is calculated as follows:
Sales - $100,000
less Variable cost - $24,500
less Fixed cost: Controllable & Uncontrollable & Unallocated - $25,500
less Operating cost - $16,400
Net Income = $33,600
Explanation:
The net income is the income before taxes. It is arrived at after deducting variable and fixed costs of sales, including operating cost.
It is based on this figure that income taxes will be levied.
The net income or income before taxes is regarded as the bottomline profit or returns or earnings that is distributable to stakeholders, including the government for taxation and the shareholders in form of dividends.
It shows the result of the efforts in running a business. A positive income before taxes shows that costs are being efficiently managed. It leaves a compensation for investors and the economy as a whole.
Answer:
The correct answer is option A.
Explanation:
The price of good A is initially at $11.
The initial demand of A is 400 units.
The price increases to $33.
The demand of A , as a result, falls to 200 units.
The demand for good C is initially at 150 units.
With increase in price of A, the demand rises to 250 units.
The positive cross elasticity as given in the figure represents that the two goods are substitutes. When price of A increases, consumer will prefer its cheaper substitute. So, the demand for good C will increase.
