Answer:
a) $550,000
Explanation:
Treasury stock transactions do not affect shares issued, because treasury shares are included in issued shares. The only event during the year affecting the total par value of common stock issued is the July 9 issuance of shares that were not issued before.
The stock split does not change total par of shares issued, because par is cut in half and the number of shares is doubled. Treasury shares are protected, meaning they are also doubled and have their par cut in half. The total par of issued common stock at year-end is $550,000:
$500,000 from January 1
Plus $50,000 from July 9 issuance: 10,000 × $5
Equals $550,000 total par of issued shares.
Source: https://www.brainscape.com/flashcards/dividends-7208677/packs/11475096
Answer: $355000
Explanation:
Based on the information given in the question, the balance in the investment account at December 31, 2021, will be:
15% of Anderson Corporation acquired = $105,000
Add: Additional 25% of Anderson Corp. purchased = $200,000
Add: Share of income 2021 = $200,000 × 40% = $80,000
Less: Dividend paid = $75,000 × 40% = ($30,000)
Balance in the investment = $355,000
No, you do not have to own stocks yourself to be impacted by the change of the markets. Anybody who owns stocks AND run businesses that YOU go too will impact YOU dramatically. If stock prices drop, the amount of money they have will drop considerably, which means they have less money for merchandise. If they don't have merchandise, the businesses will go out, and you will not have anyplace to go too for your needs (for food, medicine, etc)
hope this helps
The statement that describes the result is At that price, quantity demanded exceeds quantity supplied. This is because the quantity of the demanded product from the consumer has higher range than the amount of supply from the market. This can results into shortage
