<u>Answer:Option C </u>Paid-In Capital in Excess of Par will be credited for $66,000
<u>Explanation:</u>
Given
No of shares 1,500
Par value $6
Common stock $75,000
Par value of stock = No of shares x Par value
=1500 x 6
=9,000
Excess paid in capital = Common stock - Par value
=75000-9000
=$66,000
So the Paid in capital which is excess of par value will be credited. It can also be termed as the market value of the shares. Par value will be mentioned in the share document. When there is additional paid in capital it is a credit balance in company accounts.
Answer:
25% = 0.25 = 25/100 --> 1/4
90% = 0.90 = 90/100 --> 9/10
60% = 0.6 = 3/5
35% = 0.35 = 35/100 --> 7/20
33.3...% = 0.33... = 1/3
65% = 0.65 = 65/100 --> 13/20
How to calculate percentage:
[From decimal]
Decimal x 100 = percentage
e.g. 0.2 x 100 = 20%
[From fraction]
Numerator / Denominator x 100 = percentage
top number / bottom number x 100 = percentage
e.g. 3/5 --> 3 / 5 x 100 = 0.6 x 100 = 60%
How to calculate decimal:
[From percentage]
Percentage / 100 = Decimal
e.g. 45% / 100 = 0.45
[From fraction]
Numerator / Denominator = Decimal
top number / bottom number = Decimal
e.g. 7/8 = 7 / 8 = 0.875
How to calculate fraction:
[From percentage]
Percentage number / 100 --> simplify
e.g. 38% --> 38/100 --> 19/50
[From decimal]
Decimal x 100 / 100 --> simplify
e.g. 0.75 --> 0.75 x 100 = 75 --> 75/100 --> 3/4
Hope this helps :)
<span>only when demand is inelastic.</span>
A. assessed value of the home
I hope this helps
Answer:
The correect answer is b. mitigate her damages.
Explanation:
The duty to mitigate damages, also called the duty of cooperation or obligation for itself, constitutes a limit to the protection of the right of the affected party with the breach in regard to the amount of compensation, which arises after the cause of the damage.
This legal figure imposes on the creditor the duty to take reasonable measures at its disposal to reduce the damage arising from the breach of contract and, correspondingly, abstain of those unreasonable that can increase it. This means that the mitigation duty operates as a disincentive mechanism to the passive or negligent attitudes of the creditor in the face of default, and prompts him to prevent the aggravation of the damage.