Answer:
c. either stocks or bonds
Explanation:
Based on the information provided within the question it can be said that they can either choose stocks or bonds to issue. This is because both are securities that can be issued in small denominations. Since the company can create a set amount for both of these securities before offering them to the public, therefore controlling the denominations.
Answer:
$125
Explanation:
Computation for the change in net working capital
Using this formula
Change in net working capital =( Ending Current asset- Ending Current liabilities) - (Beginning Current asset- Beginning Current liabilities)
Let plug in the formula
Change in net working capital =
($493 – $272) – ($328 – $232)
Change in net working capital = $221-$96
Change in net working capital =$125
Therefore the Change in net working capital will be $125
Answer:
The depreciation expense for year 2 is $13,469
Explanation:
Computing the depreciation expense for year 1 is:
Depreciation expense = Asset cost / Number of useful life
= $110,000 / 7
= $15,714.28
Computing the depreciation expense for year 2 is as:
Asset cost for year 2 = Asset cost - Depreciation expense for year 1
$110,000 - $15,714.28
= $94,285.72
So, depreciation expense would be:
Depreciation expense = Asset cost for year 2 / Number of useful life
= $94,285.72 / 7
= $13,469
Answer:
This is because price leadership is not an agreement, whereas price-fixing is.
Explanation:
Price fixing is a type of collusion (and yes, collusion is illegal). Price fixing is an illegal business practice where competing firms agree upon increasing, decreasing or maintaining the price of certain goods or services. In the US, competing firms must establish their prices by themselves without consulting or agreeing with their competition.
