Answer:
The authorized common stock shares remain 1,000,000 shares.
Explanation:
The authorized shares are not affected by movements in the shares, like issue of shares, repurchase, and resale of treasury stock shares. The authorized shares, therefore, represent the number of shares that the company is legally bound to issue without exceeding. The implication is that the company is free to issue shares less than or equal to the authorized shares, but it may not issue more than the authorized until it obtains a new authorization.
The movements are accounted for in separate accounts called Issued Common Stock Account and Treasury Stock Account. The treasury stock account is a contra account to the Common Stock.
Answer:
The correct option is : b. When volume increases, but at a nonconstant rate.
Explanation:
Curvilinear costs is a type of expense that <u>does not increase at a constant rate with the production volume.</u> It tends to have a sudden increase at low production volumes, then remains constant in the middle and then increases at high production volumes.
The curvilinear costs does not increase linearly with the production. Therefore, curvilinear cost is also called a nonlinear cost.
<u>Therefore, curvilinear costs always increase at a nonconstant rate with the increase in the production volume.</u>
Annual interest rate that factors in compounding effects.
Formula: APY = ( 1 + APR/n )^n - 1
Answer: C. government cannot have buying power
Explanation:
