Answer:
a. $20.00
Explanation:
Given that
Common Stock = $150,000
Additional Paid-in Capital = $850,000
Par Value per share = $3
So,
Number of shares issued = Common Stock ÷ Par Value per share
= $150,000 ÷ $3
= 50,000
Now
Total Common Stock Equity = Common Stock + Additional Paid-in Capital
= $150,000 + $850,000
= $1,000,000
So,
Average Issue Price per share = Total Common Stock Equity ÷ Number of shares issued
= $1,000,000 ÷ 50,000
= $20.00
Answer:
$12,000
Explanation:
The manufacturing company has a direct materials cost of $6
The company manufactures 2,000 unit
Therefore total direct material cost can be calculated as follows
= 2,000×6
= $12,000
Hence the total direct material cost of $12,000
The answer is letter a, cosigner. Mark is a cosigner is someone who is in charged of the other person's debt when that person he's in signed with wasn't able to meet the requirements or fail to pay or comply. That is why Mark is considered to be a cosigner of Gabriel if Gabriel fails to comply to pay the loan and Mark is in charged to settle it if Gabriel fails to do so.
I don't believe that is true