Answer:
communist
Explanation:
Under the communist system of the market, the factors of production are owned solely by a group. Group usually is the representation of the form of the government. The means of production which are the labor, capital, natural resources, and the entrepreneurship are all controlled and owned by the government. The government has total control over the market.
Answer:
c. 179,811
Explanation:
The computation of the number of shares of stock sold for expansion is shown below:
The Number of shares is
= (Fund for growth + Legal and filing fees) ÷ Net price after underwriter spread
= ($6,800,000 + $352,000) ÷ (43 × (1 - 7.5%))
= $7,152,000 ÷ $39.775
= 179,811 shares
Hence, the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
$475,000
Explanation:
Calculation for By what amount would LBM credit capital in excess of par
Dr Cash $500,000
(25,000 shares*$20 per share)
Cr Common Stock $25,000
(25,000 shares*$1 per share)
Cr Capital in excess of par $475,000
($500,000-$25,000)
Therefore based on the above Journal entry and calculation the amount that LBM would credit as capital in excess of par will be $475,000 ($500,000-$25,000).
The right answer for the question that is being asked and shown above is that: "if the advance is not repaid before the grace period and transaction fees are triggered." The total cost of a cash advance is greater than the amount borrowed because the interest is accrued if the advance is not repaid before the grace period and transaction fees are triggered<span>
</span>