You can withdraw $ 200 the very next business day and rest of the remaining $ 300 on the second business day from the date of deposition of the check. On friday foster can withdraw the whole of the amount no more than deposited on monday that is $500.
Generally, if you deposit check for 200$ to a bank one can access the full amount the very next business day, whereas if the amount exceeds more than $ 200 you can partially withdraw it from the account and rest on the second business day.
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Answer:
d. a multinational's home-country standards of ethics are the appropriate ones for companies to follow in foreign countries.
Explanation:
The righteous moralist will claim that ethical standards which are appropriate as per the multinationals home country should be followed in the companies that are situated in foreign countries. The managers who belong to developed nations will consider following this approach. Ethical standard are moral principles that preside over a person’s behavior and manner or a company's activities.
Answer:
$5.439
Explanation:
The computation the cost per equivalent unit for conversion costs is shown below:-
Units transferred = Beginning + Started into production - Ending inventory
= $13,800 + $105,000 + $26,600
= $145,400
Ending Inventory = 26,600 × 80%
= $21,280
Conversion equivalent units = Units transferred + Ending Inventory
= $145,400 + $21,280
= $166,680
Beginning work-in-process inventory = $58,115
Additional conversion costs = $833,583
Total cost = Beginning work-in-process inventory + Additional conversion costs
= $58,115 + $833,583
= $891,698
Conversion per equivalent unit = Total cost ÷ Conversion equivalent units
= $891,698 ÷ $166,680
= $5.439
Answer:
Explanation:
We assume the 8 million shares are sold at $1 par common stock
The journal entry to record the issuance of common stock is shown below:
Cash A/c Dr $96,000,000 ($8,000,000 × $12)
To Common Stock $8,000,000 ($8,000,000 × $1)
To Additional Paid-in Capital in excess of par - Common Stock $88,000,000
(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)
While issuing the stock, we debited the cash account and credited the common stock and additional paid-in capital account
