Answer:
cash received = $ 240,000
Explanation:
On calculating the common stock $10 par
Beg. balance - $ 118,000
$6,000 - Issuance of common stock
Thus the ending balance = $124,000
On calculating the paid in capital in excess of par
Beg. balance - $ 351,000
$ 234,000 - Issuance of common stock
Thus the end balance - $ 585,000
Therefore,
The cash received - $ 240,000
Answer:
The <u>eclectic paradigm</u> argues that combining location specific assets or resource endowments and the firm's own unique assets often requires FDI.
Answer:
I WOULD SAY HIGH INTRUST RATE.
Explanation:
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Among the factors or reasons listed above, companies also monitor performance for sake of Accountability.
<h3>What is Accountability?</h3>
Every corporation, and its entities and stakeholders must be accountable if they are to thrive.
This means that every person within the system must embrace responsibility for doing the right thing and accept the responsibility for not doing so as well.
A business can be accountable by:
- communicating its expectations clearly and timely
- fostering a learning environment,
- empowering its employees etc.
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Indicators that the local currency is also the functional currency include all of the following except the parent typically provides the financing or provides a guarantee.
A functional currency is one that is utilized in the main economic setting in which a company conducts business. This is the setting in which an entity generates and spends money most frequently. When defining the functional currency of an entity, the following key considerations should be taken into account:
The principal currency influencing retail prices (usually the currency in which prices are denominated and settled).
The money of the nation whose laws and competition have the biggest impact on retail pricing.
The principal currency affecting labor expenses and other costs of goods sold (usually the currency in which prices are denominated and settled).
The currency in which an entity keeps its operating receipts and the currency in which debt and equity instruments are issued are less important deciding factors.
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