Gifts would be classified as an unearned source of income
People are more creative and produce more ideas when they are in a good mood.
The main reason is that they thought they could not only successfully battle international rivals, but could gain on weaker domestic competitors that failed to do so. This subject is related to mercantilism and one of the characteristics is the u<span>se of high import barriers and export subsidies. </span>
Answer:
b. the par value of all capital stock issued.
Explanation:
As per the business format, capital of a company is the value of share capital.
Now, also legal capital means the share capital issued as this reflects the legal share of individual investors in the company.
Authorized capital is the value of maximum capital that can be issued by the company in the form of equity shares.
Issued capital is that part of authorized capital that is actually issued.
And therefore, the par value that is the face value of shares issued, that is equity issued is the legal capital of the company.
Answer: -0.93%
Explanation:
In 3 months time Chrysler will have to pay a yield of 6.93% when in fact 3 months from now, had they not bought the futures, they would have to pay 6%.
This means that they will have overpayed with the futures contract.
The amount in interest they overpayed by can simply be calculated as,
= Floating Rate 3 months from.now - Effective yield on Futures contract
= 6% - 6.93%
= -0.93%
Chrysler made a loss of (0.93% )
