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STALIN [3.7K]
2 years ago
11

Stockit, Inc. issued 100,000 shares of the 1,000,000 shares it is allowed to issue. Stockit has repurchased 10,000 of its own sh

ares. The number of shares authorized equals ______ shares.
Business
1 answer:
Molodets [167]2 years ago
5 0

Based on the number of shares that Stockit, Inc. were allowed to issue, the number of authorized shares is 1,000,000 shares.

<h3>What are authorized shares?</h3>

This refers to the maximum number of stock that a company is allowed to offer to the market/ investors.

In this case, Stockit Inc. were allowed to issue a maximum of 1,000,000 shares which means that this is the authorized share capital.

Find out more on authorized shares at brainly.com/question/26206078.

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If the annual growth rate in Real GDP is 4 percent, then it will take 25 years for the economy to double in size.
AVprozaik [17]

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False

Explanation:

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Think that he initial size of the economy is 10 and it grows 4% then an annual growth will be 10,4 now the compound grow is adding up 0,4 to the initial size of 10. Then you recalculate a growth of 4% for the second year this means 10.816 grow.  

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5 0
3 years ago
Acme published a story about Paul, and as a result Paul sued Acme for damage to his reputation, emotional distress, and punitive
Marrrta [24]

Answer:

all these are included in the gross income

Explanation:

given data

damages = $36,250

emotional distress = $10,100

punitive damages = $58,200

to find out

What amount must Paul include in his gross income

solution

we know according to the tax laws that specify only payment on account of (1) physical injury and (2)  physical sickness is non taxable

so here  taxpayers receive

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they are not associate with the physical injury so all these mentioned are not covered in physical damages

so we can say that all these are included in the gross income

4 0
3 years ago
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