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nexus9112 [7]
3 years ago
5

When a corporation issues its capital stock in payment for services, the least appropriate basis for recording the transaction i

s the market value of the shares issued. market value of the services received. the market value of the services received or the market value of the share issues. par value of the shares issued.
Business
1 answer:
koban [17]3 years ago
8 0

Answer:

par value of the shares issued.

Explanation:

In the case when the corporation issued the capital stock with regard to the service payment so the least & appropriate basis for recording the above transaction would be the par value of the shares issued as it would leads to the excess payment

Therefore according to the given situation the last option is right

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2 years ago
Which is a feature of a perfectly competitive market?
levacccp [35]

Answer: products are standardized or homogeneous

Explanation:

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3 years ago
The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.
katrin [286]

Answer:

<u>$26000</u>

Explanation:

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collection flaot = average amount of check x outstanding days

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now we have to calculate <u>disbursements float:</u>

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= collection flaot - disbursements float

= 60000 - 34000

= <u>$26000</u>

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