Cash and non-cash share issuances: chavoy corporation was organized on july 1. the company’s charter authorizes 100,000 shares of $10 par value common stock. on august 1, the attorney who organize the corporation accepted 800 shares of chavoy common stock in settlement for the services provided (the services were valued at $9600). on august 15, chavoy issued 5000 common shares for $75,000 cash. on october 15, chavoy issued 3000 common shares to acquire a vacant land site appraised at $48,000. prepare the journal entries to record the stock issuances on august 1, august 15, and october 15.

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?