Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following: Common stock, $7 par value, 119,000 shares authorized Preferred stock, 13 percent, par value $6 per share, 5,400 shares authorized During the year, the following transactions took place in the order presented: Sold and issued 21,000 shares of common stock at $12 cash per share. Sold and issued 2,000 shares of preferred stock at $16 cash per share. At the end of the year, the accounts showed net income of $40,600. No dividends were declared.
Answers: 3
Business, 21.06.2019 20:50
Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?
Answers: 2
Business, 22.06.2019 08:10
The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to
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Business, 22.06.2019 10:40
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
Answers: 1
Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter a...
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