government of the United is federal government and it borrows most of the money it needs by <span>selling Treasury Bills and Treasury bonds
so the correct option is B
because through taxes it cannot borrow and through issuing stocks not because its related to companies and of course govt don't take loan
hope it helps</span>
Answer:
a. The Shares of common stock outstanding are 556,200
b. The stated value of the common stock is 3
c. The par value of the preferred stock is 102
Explanation:
a. In order to calculate the Shares of common stock outstanding we would have to make the following calculation:
Shares of common stock outstanding=shares authorized-common shares
=564,000-7,800
=556,200
b. In order to calculate the Stated value of the common stock we would have to make the following calculation:
Stated value of the common stock= shares issued/shares authorized =1692000/564000
=3
c. In order to calculate the Par value of the preferred stock we would have to make the following calculation:
Par value of the preferred stock= shares issued and outstanding/6,500
=663000/6500
=102
Answer:
A
Explanation:
the price cap is form of price ceiling
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
Answer:
c. Debit Notes Payable $9,000; debit Interest Expense $240; credit Cash $9,240.
Explanation:
Interest Expense = $9,000 x 0.08 x 120 / 360 = $240
