Answer:
- The state's constitution allows budgets to be passed with a simple majority vote in both the Assembly and the Senate.
- Taxes can only be cut with a two-thirds vote in the Assembly and the Senate.
Explanation:
California's legislative branch is composed of two main bodies, the State Assembly (similar to the House of Representatives) and the State Senate. The legislative branch has the power to enact state laws and make change to existing state laws.
The State Assembly has 80 members who serve for 2 years, while the State Senate has 40 members who serve for 4 years. .
Solving: 420+296 = 716
716/(1-.21) = 906.33
Answer: $906.33
Answer: These costs will be classified as sales discounts
Explanation: Sales discounts are discounts given to customers for buying a company's products or special offer given to customers that are regular and loyal to a company's brand. Discounts are also given to attract new customers to a company's product.
Discounts are accounted for under the operational expenses head and are recorded as part of the company's operational expenses.
The effect of discounts are that it reduces the company's net profit but the positive effect is that it can increase the total sales of the company.
Answer:
what is the importance of trade international trade?
International trade is of great importance at international level as it binds or bonds countries together and enhance trade by barter as well as helps to generate more money. International trade also helps in improving economy as it increases internal generated revenue from imported goods and services
Explanation:
Answer:
$728,000
Explanation:
Paid in capital can be described as the payments ac company received in exchange for its stock from investors.
From the question, the total paid in capital can be calculated as follows:
Receipt for 42,000 shares at $10 per share = 42,000 * 10 = $420,000
Receipt for 28,000 shares at $11 per share = 28,000 * 11 = $308,000
By adding the two above together and have:
Total paid-in capital = $420,000 + $308,000 = $728,000.
Therefore, total paid-in capital at the end of 2021 is $728,000.
