![subject](/tpl/images/cats/ekonomika.png)
Business, 18.12.2019 06:31 shelbymelton18
Quick fix-it corporation was organized at the beginning of this year to operate several car repair businesses in a large metropolitan area.
the charter issued by the state authorized the following stock:
common stock, $10 par value, 98,000 shares authorized
preferred stock, $50 par value, 8 percent, 59,000 shares authorized
during january and february of this year, the following stock transactions were completed:
sold 78,000 shares of common stock at $20 cash per share.
sold 20,000 shares of preferred stock at $80 cash per share.
bought 4,000 shares of common stock from a current stockholder for $20 cash per share.
required:
net income for the year was $210,000; cash dividends declared and paid at year-end were $50,000.
prepare the stockholders' equity section of the balance sheet at the end of the year. (amounts to be deducted should be indicated with a minus sign.)
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 04:10
Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 04:30
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:00
Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150
Answers: 2
You know the right answer?
Quick fix-it corporation was organized at the beginning of this year to operate several car repair b...
Questions
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/himiya.png)
Chemistry, 19.01.2022 20:10
![question](/tpl/images/cats/mat.png)
Mathematics, 19.01.2022 20:10
![question](/tpl/images/cats/User.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/obshestvoznanie.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 19.01.2022 20:10
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 19.01.2022 20:20
![question](/tpl/images/cats/himiya.png)
Chemistry, 19.01.2022 20:20
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/ekonomika.png)