Answer:
Explanation:
The preparation of the stockholders' equity section of the balance sheet is shown below:
Common stock, $10 par value,
103,000 shares authorized and 20,000
shares of common stock issued $200,000 (20,000 × $10)
Paid in capital in excess of par value $120,000 {20,000 shares × ($16 - $10)}
Preferred stock, 3000 shares issued at par $24,000 (3,000 shares × $8)
Paid in capital in excess of par value $36,000 {3,000 shares × ($20 - $8)}
Retained earnings $60,000
Total $440,000
Answer:
C
Explanation:
Delphi method is a iterative group process, continues until consensus is reached.
It is generally applied to long term forecasting of demand. It is good for new products or for situations that are not well suited for quantitative analysis. Like other qualitative approches, the Delphi method is difficult to accurately measure.
There are three parts of participants:
-Decision maker. Evaluate responses and make decisions.
-Staff. Administering survey.
-Respondents. People who can make valuable judgments.
In comparing money to a share of Microsoft stock held by an individual, we can say, only the money is a means of payment, but both are stores of value.
In order to serve as a medium of exchange, money is very widely accepted as a method of payment. When comparing money to a share of Microsoft stock which is held by an individual, it can be said that money is a means of payment, but here the stock and money both are stores of value.
As a store of value, money is not unique as there are many other stores of value exist, such as stocks, land, works of art etc. Money may not even be the best store of value because it depreciates with inflation.
Hence, money is a means of payment, but together with money, stocks can also be stores of value.
To learn more about stocks here:
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