Cattle would not be good used as currency today because some cattle can be more unhealthy than another causing disputes. Also when paying in a store it would be a great inconvenience.
Answer:
total paid-in capital = $110,000
Explanation:
When investors or shareholders pay a lump sum money to a company to get the stock of the that company, it is called paid-in capital.
Here, the par value = $1, therefore, additional capital per stock = $30 - $1 = $29
For preferred stock,
Par value = $10, and additional paid-in capital per stock = $(80 - 10) = $70.
See images to get the explanation:
Answer:
A) if it is deemed a necessary good
Explanation:
Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.
So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.
But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.
Two main risk sources need be considered when investing in a foreign country:
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Economic risk: This risk refers to a country's ability to pay back its debts. A country with stable finances and a stronger economy should provide more reliable investments than a country with weaker finances or an unsound economy.
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Political risk: This risk refers to the political decisions made within a country that might result in an unanticipated loss to investors. While economic risk is often referred to as a country's ability to pay back its debts, political risk is sometimes referred to as the willingness of a country to pay debts or maintain a hospitable climate for outside investment. Even if a country's economy is strong, if the political climate is unfriendly (or becomes unfriendly) to outside investors, the country may not be a good candidate for investment.</span></span><span>
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Answer:
$
Material used 2,500
Direct labour 5,000
Overhead applied 200
Cost of goods sold 7,700
Explanation:
The overhead applied is the difference between cost of goods sold and cost of material used and direct labour. The cost of goods sold is $7,700 while the cost of material and labour is $7,500. The difference of $200 represents the overhead applied.
