Business, 06.05.2020 06:13 jadejordan8888
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, $16 par value, 98,200 shares authorized
Preferred stock, $40 par value, 8 percent, 59,400 shares authorized
During January and February of this year, the following stock transactions were completed:
a. Sold 79,700 shares of common stock at $32 cash per share.
b. Sold 20,900 shares of preferred stock at $72 cash per share.
c. Bought 4,900 shares of common stock from a current stockholder for $14 cash per share.
Prepare the stockholders' equity section of the balance sheet at the end of the year.
Answers: 1
Business, 21.06.2019 21:00
The table shows the demand and supply schedules for magazines. complete the following sentences. the equilibrium price of a magazine is $ 4 and the equilibrium quantity is 150 magazines a week. price (dollars per magazine) quantity demanded quantity supplied (magazines per week) 3.00 160 138 3.50 155 144 4.00 150 150 4.50 145 156 5.00 140 161 now a fall in the price of a newspaper decreases the quantity demanded by 11 magazines a week at each price. at the original equilibrium price, a occurs. to return to equilibrium, the price of a magazine a. surplus; rises b. shortage; rises c. shortage; falls d. surplus; falls as the market returns to equilibrium, the quantity demanded and the quantity supplied a. decreases; increases b. decreases; decreases c. increases; decreases d. increases; increases the new equilibrium price is $ nothing a magazine.
Answers: 1
Business, 22.06.2019 01:30
Claire wants to include animations in her presentation slides. which element of the presentation programโs interface will have the options for animation? claire should use the to include animations in her presentation slides.
Answers: 1
Business, 23.06.2019 01:10
Hillside issues $4,000,000 of 6%, 15-year bonds dated january 1, 2016, that pay interest semiannually on june 30 and december 31. the bonds are issued at a price of $4,895,980. required: 1. prepare the january 1, 2016, journal entry to record the bondsโ issuance
Answers: 3
Business, 23.06.2019 02:50
Ll companies has sales of $9,800, net income of $1,060, total assets of $8,950, and total debt of $4,760. assets and costs are proportional to sales. debt and equity are not. a dividend of $371 was paid, and the company wishes to maintain a constant payout ratio. next year's sales are projected to be $10,584. what is the amount of the external financing need?
Answers: 3
Quick Fix-It Corporation was organized at the beginning of this year to operate several car repair b...
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