The amount of stockholder's equity is calculated as -
Total stockholder's equity = Common stock issued + Additional paid in capital + Retained earnings - Treasury capital
Total stockholder's equity = $ 12,000 + 11,000 + $ 12,000 - $ 4,000
Total stockholder's equity = $ 31,000
 
        
             
        
        
        
Answer:
Offer in-store wine and beer samples.
Explanation:
Promotional permit was established to allow a person promote sale of alcoholic beverages on behalf of the manufacturer. Such alcoholic beverage must however be sold on the premises of the licenced holder.
A promotional permit holder, according to the Texas Alcoholic Beverage Commission,which was established in 1935, may involve in the sales of alcoholic beverages in a state or premises of the license holder. It is to be noted that the license holder must qualify enough before being granted the permit and must also pay some fees before carrying on such activities.
 
        
             
        
        
        
Answer:
The correct answer is option d. 
Explanation:
Comparative advantage refers to the situation where an individual, firm or nation can produce a good at a relatively lower cost than its competitors. 
Luke can bake bread at a relatively lower opportunity cost while Jason can produce paintings at a relatively lower opportunity cost. 
This implies that Luke has a comparative advantage in baking bread and Jason has a comparative advantage in making paintings. 
Luke specializes in baking bread and Jason specializes in making paintings. 
 
        
             
        
        
        
Answer: $47.50
Explanation:
The Price per share under Plan I can be calculated by the formula;
Price per share = Value of debt / (Number of shares under all-equity plan - Number of shares under Plan)
= 109,250 / ( 15,000 - 12,700)
= 109,250 / 2,300
= $47.50