Roehr Corporation issues 20,000 shares of $0.50 par common stock for $6 per share; the Additional Paid-in Capital—Common account will increase by
a. $ 10,000 .
b. $110,000 .
c. $120,000 .
d. $130,000.
b
You might also like to view...
All of the following are reasons why new systems fail except
a. the user is not involved in the development of the system b. system requirements are not clearly specified c. systems analysts rely on prototyping models d. system development techniques are ineffective
Which of the following statements is FALSE with regard to costs of crashing activities in a project?
a. As each project activity is crashed in order, the overall project budget increases. b. It is usually necessary to crash all activities in a project. c. Crashing additional activities beyond a point merely adds costs to the budget. d. It may not be possible to crash all activities in a project.
Suppose you have a adjustable rate mortgage with a present interest rate of 13%. The current rate is set according to an interest rate index that had a rate of 15% when the current rate on your home loan was determined
Assuming that adjustments are unlimited in either direction, what is the interest rate on your home mortgage in the next adjustment period if the interest rate index is at 14%? A) 12% B) 13% C) 14% D) 15%
Oxtron, Inc, a U.S. company, and Leer, an Argentinean company, orally agreed to a contract under which Oxtron is to ship medical devices to Leer. The contract is governed by the CISG. Which statement is correct?
a. The contract is not enforceable because it is oral. b. Whether the contract is enforceable without a written agreement depends on the value of the medical devices. c. Whether the contract is enforceable without a written agreement depends on whether the medical devices are a necessity. d. The contract is enforceable without a written agreement.