Answer:
The correct answer is letter "D": Clayton Act.
Explanation:
Introduced by Democrat Henry De La Mar Clayton (1857-1929), the Clayton Act is a treaty passed by the U.S. Congress in 1914. This Act is the main antitrust legislation that forbids <em>anti-competitive mergers, acquisition of stocks, tying contracts, predatory pricing among other illegal corporate behavior.</em>
Answer:
While estimating standard time of doing a job, some extra allowances are provided on the basis of nature of work. In this connection, different factors, like monotony, light, awkwardness, muscular force required etc. are taken into consideration. Calculation of this allowance is shown below:
- Personal allowance is a basic allowance. It has been allowed for all jobs. It is fixed at 5%
- Basic Fatigue allowance of 4% is also common. It is allowed in all jobs.
- Standing: 0% allowance is required for standing in a slightly awkward position and further it will increase on the basis of awkwardness.
- Lifting: Any work requiring muscular or force energy will be provided lifting allowance. It will vary on the basis of weight lifted. Here 25 lbs. weight has been lifted. Hence, 4% lifting allowance has been provided.
- Bad light: It is available only when light is well below the recommended level. Here light is slightly below the recommended level. Hence, 0% allowance is required for in light that is slightly below recommended standards.
- Noise level: A continuous noise is common in production activities. For intermittent loud noises occurring a 2% allowance is provided.
- Monotony: As the monotony for the element is low for this work. No extra allowance is required. 0% is required for low monotony.
Yes there should be more answer
Answer:
The correct answer is letter "A": operating activities.
Explanation:
Operating Activities are the daily processes conducted by a company to generate income. They pertain to the company's core business activity such as sales and manufacturing and they provide most of the cash flow that determines whether a business is profitable.
When it comes to the Financial Statements the situation is not different. Interest payments to lenders and other creditors can be part of the day to day activity of a company. That is the reason why they are recorded in the operating activities section.
Answer:
a.
Cash 27000 Dr
Common Stock 13500 Cr
Paid in capital in excess of par-Common stock 13500 Cr
b.
Cash 135000 Dr
Preferred Stock 135000 Cr
Explanation:
a.
When we issue stock at premium, we always record the amount received from such issuance of stock at full. So, the cash account will be debited for 4500 * 6 = 27000
However, we record the common stock issued at par value and the remaining is credited under the reserve account which is Paid in capital in excess of par.
Thus the common stock will be credited by its par value of 4500 * 3 = 13500 and the remaining 4500 * 3 will be credited to the Paid in Capital account.
b.
The par value of the preferred stock is 4500 * 30 = 135000
Thus the preferred stock is issued at par and we simply debit the cash received from the issue and credit the preferred stock.
