Answer:
$600 million
Explanation:
On January 1, 2020, the balance of common stock & APIC
Common stock & APIC = Paid-In Capital + Share Capital raised by issuing 50 million shares at $20 per share - Treasury Stock
Here
Paid-In Capital is $500 millions
Issue of 50 million shares at $20
Treasury Stock is 20 million shares at $45 per share
By putting the values, we have:
Common stock & APIC = $500 million + $1000 million - (20 million shares * $45 per share)
Common stock & APIC = $1500 millions - $900 million = $600 million
Answer:
D. A limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship.
Barter means exchange since there was no currency back then so the answer would be D.
Less money up front equals it to be better than renting an appartment