subject
Business, 13.12.2019 06:31 norefo4416

The 2016 annual report for mega mills disclosed that 1 billion shares of common stock have been authorized. at the end of 2015, 750 million shares had been issued and the number of shares in treasury stock was 103 million. during 2016, the only common share transactions were that 16 million common shares were reissued from treasury and 22 million common shares were purchased and held as treasury stock.
required:
1. determine the number of common shares (a) issued, (b) in treasury, and (c) outstanding at the end of 2016. (enter your answers in millions.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
Which of the following best describes a fractional reserve banking system? a. a banking system in which a large portion of the bank's assets are digital money rather than bills and coins. b. a banking system in which banks keep a portion of deposits on hand to satisfy their customer's demands for withdrawals. c. a banking system in which banks have only partial control over the interest rates they charge on loans. d. a banking system in which net worth is calculated by subtracting a fraction of liabilities from assets. 2b2t
Answers: 3
question
Business, 22.06.2019 10:30
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
question
Business, 22.06.2019 11:50
True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.
Answers: 2
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
You know the right answer?
The 2016 annual report for mega mills disclosed that 1 billion shares of common stock have been auth...
Questions
question
Mathematics, 12.09.2021 08:00
question
Mathematics, 12.09.2021 08:00
question
English, 12.09.2021 08:00
question
World Languages, 12.09.2021 08:00
question
English, 12.09.2021 08:00
Questions on the website: 13722363