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3 years ago

What is the primary reason to issue stock?

Business

2 answers:

Lapatulllka [165]3 years ago

8 0

To raise money to grow the company

victus00 [196]3 years ago

3 0

Answer:

The answer is: B) To raise money to grow the company

Explanation:

Corporations issue stock to raise money and increase its equity. They use this "extra money" to fund investment projects that should make the corporation grow. For example, a retail chain can issue stock to raise money for building and equipping new warehouses.

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Was the loss of traditional manufacturing inevitable in the U.S. economy? 2) Can the United States hold on to its current manufa

Allisa [31]

Answer:

1. Financial analysts and business examiners would concur such occupation misfortunes were inescapable. U.S. organizations developed from a horticultural economy to the present assistance and innovation based economy.

2. As the case noticed, this will be troublesome. Be that as it may, insofar as American specialists remain the most talented on the planet and business people keeps on enhancing with new advancements and items, U.S. assembling will endure.

4 0

3 years ago

Read 2 more answers

A company has net credit sales of $1,200,000, beginning net accounts receivable of $290,000, and ending net accounts receivabl

7nadin3 [17]

Answer:

Days of receivable will be 75 days

Explanation:

We have given net credit sales = $1200000

Net account receivable at the beginning = $290000

And receivable at the ending = $201000

Average receivable $=\frac{290000+201000}{2}=$245500$

Now receivables turnover ratio $=\frac{credit\ sales}{average\ receivable}=\frac{1200000}{245500}=4.888$

Days of receivables = $\frac{365}{4.888}=74.67=75days$

8 0

3 years ago

On March 2, Kingbird, Inc. sold $954,000 of merchandise on account to Ayayai Company, terms 4/10, n/30. The cost of the merchand

shtirl [24]

Answer:

Following Journal Entries are recorded for Kingbird, Inc

Explanation:

March 02

Debit: Account Receivable = $954,000

Credit: Sale = $954,000

(Credit Sale is Recorded)

Debit: Cost of Good Sold = $590,000

Credit: Inventory = $590,000

(To Record Cost of merchandise Sold)

6 0

3 years ago

47.Acme Company has authorized 100,000 shares of common stock, of which 75,000 shares were originally issued. As of December 31,

kkurt [141]

Answer:

Number of shares outstanding on December 31, 20X1:

Number of shares issued 75,000 shares

Less: Number of shares repurchased 5,000 shares

Number of shares outstanding 70,000 shares

Explanation:

The number of shares outstanding on December 31, 20X1 is the difference between the number of shares issued and the number of shares repurchased by the company and held as treasury stock.

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3 years ago

Which of the following resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a ba

Softa [21]

Concentration banking Drafts resemble checks, but differ in that they are payable by the firm issuing them rather than payable by a bank

Explanation:

Concentration banking drafts resemble checks in that they are drafts payable to a firm guaranteed an amount of money by one firm directly to them but in the case of they are issued directly by the firm and given directly to the firm supposed to take the money.

In the other case it is the bank that processes the amount for the two firm which makes the process little slower than the demand draft wherein the money is transferred to directly.

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3 years ago