Answer
A. Current assets and B. Current liabilities
Explanation:
Current assets includes cash, accounts receivable and inventories of raw materials and finished goods
Current liabilities are accounts payable
Answer:
Jan 15 Land $45,000 Dr
Building $95,000 Dr
Common Stock at par $100,000 Cr
Paid in Capital in Excess
of Par, Common Stock $40,000 Cr
Explanation:
The assets are recognized by a company at the market value on the day of transaction. The market value of land and building was $140,000 (45000 + 95000). Thus, the stock issued against these assets was issued at $14 per share ($140000/10000) and a premium of $4 / share was received.
The Land is debited by $45000 and building by $95000 while we credit the common stock at par value $100000 and credit the premium $40000.
Answer:
The management of large amount of money.
Explanation:
The correct answer is Markets tend to move towards equilibrium as individuals respond to incentives.
It is so because when there is disequilibrium there is increased competition among buyers. Price rise and this motivates supply to rise. In this case, individuals are going for engineering as it is paying high returns and hence supply of engineers is increasing.
Answer:
The Role of Risk
:
Which statements describe the role of risk in making investment decisions?
Risk is an element to consider when investing in stocks.
The higher an investment's risk, the greater its potential return will be.
Explanation:
Every business has its own risk but it differs as a result of the type of business and profit involved, there is a risk in every investment and the higher the risk the greater its potential return
