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daser333 [38]
3 years ago
7

Trade industry short note​

Business
1 answer:
Pie3 years ago
6 0

Answer:

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.

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Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
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Answer:

Total E&P = $ 160000

Total voting Right Sold = 50/ (100+100) = 25%

Reduction of E& P due to exchange = Total E&P*Total voting Right Sold

Reduction of E& P due to exchange = 160000*25%

Reduction of E& P due to exchange = 40000

Reduction of E& P Lower of Total E&P*Total voting Right Sold or Amount realised

Reduction of E& P Lower of 40000 or (50*1000)

Reduction of E& P Lower of 40000 or 50000

Answer

A reduction of $40,000 in E&P because of the exchange.

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3 years ago
Why do interest groups form political action committees (pacs)? pacs are formed to influence government policies. pacs are forme
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3 years ago
Irene invested $27,000 in a twelve-year CD bearing 8.0% interest, but needed to withdraw $6,000 after three years. If the CD’s p
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$5,040 since Irene earned nearly earned about $4,800 less than what she would be making if she did not make her early withdrawal.

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Which of the following is not an example of safeguarding inventory? a.storing inventory in restricted areas b.returning inventor
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Answer: Option B

       

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In the given case, second option is the purchase return and it could not be considered a default of the purchaser of inventory.

Hence from the above we can conclude that the correct option is B.

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