The number of authorized actions may be the most important. Authorized share capital is the maximum capital a company can issue.
Permitted shares are defined as the maximum number of shares that a company is legally permitted to issue to investors at the company's own discretion. The maximum number is established in the company's legal incorporation documents, known as the articles of association.
If a company wishes to increase its authorized share capital, it must amend its charter, which usually requires a vote of the shareholders. This shareholder approval is important because a company that issues more shares will eventually dilute the ownership of existing investors.
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Answer:
The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..
Explanation:
Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.
Due to the high crash rates among young drivers, Driver's education or communication campaigns are being implemented in some states to reduce the rate or to solve the critical issue. Special courses for young drivers<span> to make them conscious about their personal tendencies that may affect their behavior towards driving can be helpful.</span>
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Answer:
d. Generates a change in quantity demanded.
Explanation:
Because in this case only the price is changing and all other factors are held constant the demand curve will not move and any movement that will take place will be along the demand curve. If the price increases the quantity demanded will decrease and if the price decreases the quantity demanded will increase, the reason for this is that the demand curve is downward sloping, therefore a price change will only change the quantity demanded.
