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
maxonik [38]
3 years ago
11

AE Corp. completed the following transactions during Year 1: Issued 3,000 shares of $10 par common stock for $25 per share. Repu

rchased 500 shares of its own common stock for $26 per share. Resold 200 shares of treasury stock for $30 per share. Required a. How many shares of common stock were outstanding at the end of the period?
Business
1 answer:
AleksandrR [38]3 years ago
6 0

Answer:

4,700 shares

Explanation:

The computation of the number of shares of common stock outstanding at the end of the period is shown below

= Beginning shares + issued shares  - repurchase shares + reissue shares

= 2,000 shares + 3,000 shares - 500 shares + 200 shares

= 4,700 shares

We applied the above equation to find out the number of shares outstanding at the end of the year

You might be interested in
If a company decreases its sales price per unit, the new breakeven point will?
xenn [34]

If a company decreases its sales price per unit, the new breakeven point will increase.

The breakeven point is the point at which general cost and total revenue are identical, which means there's no loss or gain for your small business. In different phrases, you have reached the level of production at which the expenses of production equal the sales for a product.

The break-even point in economics, enterprise—and in particular fee accounting—is the point at which overall cost and total revenue are identical, i.e. "even". There is no internet loss or advantage, and one has "damaged even", though possibility charges had been paid and capital has acquired the threat-adjusted, predicted return.

To calculate the break-even factor in units use the system: spoil-Even point (gadgets) = fixed fees ÷ (income fee according to unit – Variable costs in keeping with the unit) or in income greenbacks the usage of the formula: spoil-Even point (sales dollars) = fixed costs ÷ Contribution Margin.

Learn more about a breakeven point here brainly.com/question/9212451

#SPJ4

8 0
1 year ago
Which of the following groups of accounts have a normal debit balance
mr Goodwill [35]
YOur answer is D.

A way to remember this is AWE.  Assets, Withdrawals and Expenses all have normal debit balances
5 0
3 years ago
[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have t
LuckyWell [14K]
[preparing trial balance] I am suppose to be preparing a trial balance but base on the accounts and information I have, I have the cost amounts for two years. How would I do that?
3 0
2 years ago
14 . Private solutions to correct for externalities
Arisa [49]
It is C so uh yeah okay :)
8 0
2 years ago
True or False: A rebate and a discount are the same.
crimeas [40]
False



hope it is correct
4 0
3 years ago
Other questions:
  • Becoming the candy lady tips for advertising and employing
    14·1 answer
  • If i'm a freshman in 2017 when will i graduate
    15·1 answer
  • Kelsie told you her goal is to be one of the best overall programmers in the world. She​ doesn't care who she works​ for, or wha
    9·1 answer
  • From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which
    13·1 answer
  • Exercise 14-01 Justin Bleeber has prepared the following list of statements about managerial accounting, financial accounting, a
    11·1 answer
  • Some years ago, the three leading aluminum producers in the U.S. changed prices nine times by exactly the same amount each time
    6·1 answer
  • The Nicor family is planning to purchase a new home 7 years from now. If they have $240,000 now, how much will be available at t
    15·1 answer
  • Vihaan Chemicals Company processes a number of chemical compounds used in disinfecting health club fitness equipment. One compou
    12·1 answer
  • Discuss <br>any five roles of<br>entrepreneurship in the economic<br>growth of a country ​
    11·1 answer
  • According to _____, those who dominate the world economy penetrate the economies of low-income countries because workers depend
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!