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Aleks [24]
3 years ago
8

The 2016 annual report for Mega Mills disclosed that 1 billion shares of common stock have been authorized. At the end of 2015,

750 million shares had been issued and the number of shares in treasury stock was 103 million. During 2016, the only common share transactions were that 16 million common shares were reissued from treasury and 22 million common shares were purchased and held as treasury stock.
Required:
1. Determine the number of common shares (a) issued, (b) in treasury, and (c) outstanding at the end of 2016. (Enter your answers in millions.)
Business
1 answer:
Ainat [17]3 years ago
4 0

Answer:a. Total common stock issued is 750 millions

b. In treasury is 109 million

c. Outstanding 750 million.

Explanation:

Issued shares referred to the total amount of authorised shares that has been issued to the public for subscription.

Treasury stock refers to parts of the issued stock that are held up for the ownership of the issuing company.

Outstanding stock refers to the total number of stock issued and fully paid for from the issued stock.

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Recently, businesses have experienced debate over ___________, the practice of discriminating against a dominant or majority gro
Gnom [1K]

The correct answer would be, Reverse Discrimination.

Recently, businesses have experienced debate over Reverse Discrimination, the practice of discriminating against a dominant or majority group of persons.  

Explanation:

When people or group of people who were discriminated against previously, are being favored, then this practice is known as the Reverse Discrimination.

For example, reverse discrimination can be caused in an organization where previously discriminated Muslims are now being preferred and hired by the company.

Similarly the same practice can be seen in the companies where females are now being hired(even though the males are more qualified for the job) who were previously discriminated against men.

Reverse Discrimination is not a fair practice, because it is still a Discrimination.

Learn more about Reverse Discrimination at:

brainly.com/question/8562925

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7 0
3 years ago
Read 2 more answers
A potato chip manufacturer purchases a potato farm. Which of the following regarding its strategy is true? The manufacturer has
astra-53 [7]

Question:

A potato chip manufacturer purchases a potato farm. Which of the following regarding its strategy is true?

A. The manufacturer has effectively used vertical integration to increase its bargaining position and reduce transaction costs.

B. The manufacturer has enhanced utilisation by allowing depreciation and other fixed costs to be spread over a larger unit volume.

C. The manufacturer has sacrificed quality by using a lower-cost input.

D. The manufacturer has efficiently capitalised on the experience and learning-curve effects within the company.

E. The manufacturer has effectively reduced its operating costs by outsourcing its activities.

Answer:

A. the Manufacturer has effectively used vertical integration to increase it's bargaining position and reduce transaction costs.

Explanation:

Vertical integration is a business strategy whereby a business acquires ownership or controls its suppliers, distributors, or retail locations to control its value or supply chain.

It may also be said that vertical integration has to do with the purchase of a part of all of the production or sales process that was previously outsourced, to have it done in-house.

An example of companies who have done this are:

1. Apple

2. Netflix

3. Comcast (Which acquired NBC)

Businesses can integrate by

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6 0
3 years ago
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A differentiator will always benefit when products have become commoditized. True or False
Savatey [412]

Answer:

false

Explanation:

a differentiator will always benefit when products have become commoditized

8 0
2 years ago
Large loans for shopping centers are most likely to be made by
Nuetrik [128]

Large loans for shopping centers are most likely to be made by the bank funding the shopping center. When a person or the city/town decides to add a shopping center, the contract is drawn up and there is a bank funding the large loans. These loans are issued by the bank to help fund large projects to the city/town.

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3 years ago
Monty Inc. produces organic cranberry juice from cranberries it farmed. Unfortunately, it has been a bad year for cranberries be
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Answer:

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Riverbed will agree to buy the additional cranberries for at most $3.10 per litre since this is their normal selling price. They can buy at this price and accept to not make profit since they are out to satisfy customers now and are not necessarily looking to make profit.

Therefore cost of purchase of extra cranberries would equal selling price at maximum

7 0
3 years ago
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