If a company is listed on the Australian Stock Exchange and a shareholder fails to pay amounts owing on shares, the company will: transfer the unpaid amount to a forfeited share reserve that remains part of equity after the cost to reissue the shares has been deducted. transfer the unpaid amount to a forfeited share reserve and refund the amount remaining after the cost of reissuing the shares has been deducted. take action to collect the unpaid amount through the courts. transfer the unpaid amount to a forfeited share account and refund the amount remaining after the cost of reissuing the shares has been deducted

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation

If a society decides to produce consumer goods from its available resources, it is answering the economic question