Business, 27.12.2019 02:31 philkas414
Common stock—$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding $ 400,000 paid-in capital in excess of par value, common stock 60,000 retained earnings 270,000 total stockholders' equity $ 730,000 in year 2017, the following transactions affected its stockholders’ equity accounts. jan. 1 purchased 4,000 shares of its own stock at $20 cash per share. jan. 5 directors declared a $2 per share cash dividend payable on february 28 to the february 5 stockholders of record. feb. 28 paid the dividend declared on january 5. july 6 sold 1,500 of its treasury shares at $24 cash per share. aug. 22 sold 2,500 of its treasury shares at $17 cash per share. sept. 5 directors declared a $2 per share cash dividend payable on october 28 to the september 25 stockholders of record.
Answers: 1
Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
Business, 22.06.2019 17:50
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 1
Business, 23.06.2019 02:30
Beachballs, inc., expects abnormally high earnings for the next three years due to the forecast of unusually hot summers. after the 3-year period, their growth will level off to its normal rate of 6%. dividends and earnings are expected to grow at 20% for years 1 and 2 and 15% in year 3. the last dividend paid was $1.00. if an investor requires a 10% return on beachballs, the price she is willing to pay for the stock is closest to:
Answers: 3
Business, 23.06.2019 05:40
Which two tasks does an industry safety and health engineer perform?
Answers: 1
Common stock—$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding $ 400,00...
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