Answer:
Preferred stock for $756000 and Paid-in Capital in Excess of Par Value - Preferred Stock for $196000
Explanation:
Given number of shares = 14000
Par value of share = $54
Issued for cash = $68 per share
The cash debit amount = $952000
Preferred stock for $756000 and Paid-in Capital in Excess of Par Value - Preferred Stock for $196000
Cash (14000*68) Dr. 952000
Preferred Stock (14000*54) Cr. 756000
Paid in Capital in Par Value - Preferred Stock (14000*14) Cr. 196000
Answer:
Mission
Explanation:
The mission is the statement that establishes the main objective of the company and the purposes. Commonly in the mission the businesses include what they expect to being for their consumers. In this case, the mission includes their commitment with the customers and their satisfaction
Answer:
is counted in C, personal consumption
Explanation:
GDP = Consumption spending + Investment spending + Government Spending + Net Export
Consumption spending is all spending by households on services and goods which could be either durable or non durable goods.
Investment is spending by businesses.
I hope my answer helps you
Answer: $35,000
Explanation:
Implicit costs can be described as opportunity cost : the cost that could have accrued to a resource owned by a firm if it had been put to another use.
Ralph could have earned $35,000 if he were employed elsewhere. Therefore, the $35,000 is the opportunity cost of owning his pizza hut. It is the implicit cost.
The other costs in the question are explicit costs.
I hope my answer helps you.
Answer:
The Summons.
Explanation:
A summons is a legally binding document provided for different purposes by a judge or by a law administrative agency.
- A judicial order shall be made to an individual who is interested in legal action. Civil action against the individual may be underway, or the presence of the person as a victim may be allowed.
- The summons specifies a date through which the person or organization called must either show up in court or address the court or even the opposition candidate or parties in response.