1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolbaska11 [484]
3 years ago
6

The corporate charter of Alpaca Co. authorized the issuance of 10 million, $1 par common shares. During 2018, its first year of

operations, Alpaca had the following transactions: January 1 sold 8 million shares at $15 per share June 3 retired 2 million shares at $18 per share December 28 sold 2 million shares at $20 per share What amount should Alpaca report as additional paid-in capital‒ excess of par, in its December 31, 2018, balance sheet?
Business
1 answer:
garik1379 [7]3 years ago
6 0

Answer:

Additional paid-in capital‒ excess of par=

8,000,000*(15-1)=112,000,000

-2,000,000*(18-1)=34,000,000

+2,000,000(20-1)=38,000,000

=184,000,000

Explanation:

You might be interested in
The flow of information and ideas from one person to another involving a sender method of transmitting the idea or content and r
Deffense [45]

Answer:

Communication

Explanation:

Communication is the exchange and flow of information and ideas from one person to another; it involves a sender transmitting an idea, information, or feeling to a receiver

5 0
2 years ago
Companies transmit over the internet because the internet ________.
Lera25 [3.4K]
<span>the answer to the question is : is inexpensive</span>
8 0
3 years ago
Use the following data to compute total manufacturing costs for the month:
Akimi4 [234]

Answer:

$132,300

Explanation:

The total manufacturing costs for the month can be calculated as follows

Direct labor + indirect materials + factory manager salary + indirect labour + direct materials + depreciation on factory equipment

= 40,600 + 16,200 + 8,200 + 10,000 + 7,300 + 41,500 + 8,500

= $132,300

Hence the total manufacturing costs if $132,300

7 0
2 years ago
Consider the relative liquidity of the following assets:Assets1. A $5 bill2. The funds in a savings account3. A boat you own4. A
Irina-Kira [14]

Answer:

Boat is an asset.

Most liquid = $5 bill

Second most = Fund in saving account

Third most = Bond

least liquid = Boat

Liquidity means easily convertible into cash. $5 bill is the most liquid while asset cannot be easily and readily convertible into cash.

Explanation:

8 0
3 years ago
_____ is defined as the relationship between benefits and the sacrifice necessary to obtain those benefits.
Umnica [9.8K]

Answer:

(A). Customer value

Explanation:

<u>For a customer to obtain value or benefit from using a product, he or she must first make a sacrifice</u>, such as the amount of money spent or time taken to purchase the product.

Customer value refers to that <u>benefit the customer gets from using the product, compared to the sacrifice the customer makes to get it.</u>

3 0
2 years ago
Other questions:
  • Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on
    8·1 answer
  • Jim Jones, the landlord, rents a property to Tom Smith, a physically disabled person. Mr. Smith, with Mr. Jones' permission, mod
    11·1 answer
  • Meger Manufacturing uses the direct labor cost method for applying factory overhead to production. The budgeted direct labor cos
    7·1 answer
  • As an advertising executive, Madison understands that people are caught up by information that is moving, blinking, flashing, or
    10·1 answer
  • Which of the following is the least reliable resource for fraud statistics? a. Fraud perpetrators. b. FBI agencies. c. Health ag
    14·1 answer
  • Express Delivery is a rapidly growing delivery service. Last year, 80% of its revenue came from the delivery of mailing "pouches
    12·1 answer
  • Choose a company you know of that you think is good at innovation, describe at least one innovative thing that company has done.
    9·1 answer
  • A university conducts a survey of students, which shows that a 10 percent tuition hike would lead to a 7 percent decrease in the
    10·1 answer
  • Are Investments guaranteed to generate profit
    10·1 answer
  • Quick assets (cash, short-term investments, and current receivables) divided by current liabilities is the: Multiple Choice Curr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!