It’s very important to your business. Good records will help you do the following: Monitor the progress of your business.
Answer:
a M1 would not change.
Explanation:
the checkable deposits are part of M1 as well as the currency and coins. Therefore, a component of M1 decrease (currency) while another of M1 (checkable deposits) increase.
As the banking system works with a 100-percent required reserve there is no multiplier effect from the deposit therefore M1 do not change.
Stockton Corporation violated the rights of a stockholder who owned one share of common stock by paying the stockholder a smaller dividend per share than another common stockholder or rejecting the stockholder's sale of stock on an organized exchange and the stockholder's request to vote via proxy because she was home sick.
<h3>
What are the reasons for violation?</h3>
A shareholder is a person who purchases shares in a firm that is publicly traded. They are known as owners and are qualified to receive dividends. Dividends represent a percentage of income.
Dividends paid to common shareholders are equal for all.
Greater preference is given to preferred shareholders than to regular stockholders.
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Answer:
$5,055,000
Explanation:
Note: <em>The full question is attached below</em>
<em />
Particulars Amount
Cash $875,000
Accounts receivable $2,695,000
Less: Installments not due in 2021 <u>($600,000)</u> $2,095,000
[$1,200,000 - ($150,000 * 4)]
Inventory <u>$2,085,000</u>
Total of current assets <u>$5,055,000</u>
