Jay-cee corporation had 20,000 shares of $4 par value common stock outstanding on january 1. on january 20, the company purchased 2,000 of its stock for $16 per share. on july 3, the company reissued 1,000 of the shares at $20 per share. jay-cee uses the cost method to account for its treasury stock. assume the company paid a dividend of $5 per share on august 3. what is the total amount of the dividends that would be paid to the common stockholders?

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1

You are the cfo of a u.s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u.s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take