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velikii [3]
2 years ago
7

The following data were reported by a corporation: 20,000 15,000 3,000the number of outstanding shares is:

Business
1 answer:
7nadin3 [17]2 years ago
8 0

Outstanding shares will be 12,000 shares.

These are calculated as follows:

Here the number of shares are as follows;

Authorized shares are 20,000, Issued shares are 15,000, Treasury shares are 3,000

Therefore, the number of outstanding shares can be calculated as follows

Number of outstanding shares = Issued stock- Treasury stock

= 15,000-3,000

= 12,000

Hence the number of outstanding shares is 12,000

To know more about outstanding shares here:

brainly.com/question/17167434

#SPJ4

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On January 1, 2021, the Allegheny Corporation purchased equipment for $295,000. The estimated service life of the equipment is 1
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Answer:

a.

2021  =  $50,000

2022 = $45,000

b.

2021  = $275,000

2022 = $0

Explanation:

a. Sum-of-the-years'-digits.

Sum of digits for the 10 years will be :

Year 1      =      10

Year 2     =       9

Year 3     =       8

Year 4     =       7

Year 5     =       6

Year 6     =       5

Year 7     =       4

Year 8     =       3

Year 9     =       2

Year 10   =         1

Sum of Digits = 55

therefore,

2021 depreciation = 10/55 x ($295,000 - $20,000)

                               = $50,000

2022 depreciation = 9/55 x ($295,000 - $20,000)

                               = $45,000

b. One hundred fifty percent declining balance.

2021 depreciation = 150% x ($295,000 - $20,000)

                               = $412,500

<em>Can not be charged above book value of $275,000</em>

2022 depreciation = 150% x ($295,000 - $20,000- $412,500)

                               = $0

6 0
3 years ago
Suppose an oligopolistic producer assumes its rivals will ignore a price increase but match a price cut. In this case the firm p
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Explanation:

For an oligopolistic producer, who assumes that its rival would ignore a price increase but match a price cut, the perception of the firm about it demand curve is that it would be kinked, being steeper below the going price than above.

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4 years ago
What are the two principal animal research regulatory documents used by the public health service?
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<span>"Public Health Service Policy on Humane Care and Use of Laboratory Animals" by the US Deparment of Health and Human Services; and "Guide for the Care and Use of Laboratory Animals" by the National Research Council of the National Academies.</span>
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Why would a monarch from one country be interested in hiring an explorer from a foreign country?
Vedmedyk [2.9K]
<span>An example would be King Ferdinand of Spain having Columbus do his exploring for him. It is two fold, in that the riches or the conquering acquires land or resources and it is a show of power, more wealth equals more power. The explorer being from a foreign country is another feather in the cap, showing that they have an edge over that country and that the countryman was willing to go elsewhere and work for a competitor.</span>
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The reporting method that includes in the cost of inventory (and cost of goods sold) all product costs, including both fixed and
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Answer:

The answer is absorption costing.

Explanation:

This method is used to indicate that all costs have been absorbed by the units produced, and  includes the following costs (fixed and variable):

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