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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

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Sunland Corporation purchased a limited-life intangible asset for $468000 on May 1, 2019. It has a useful life of 10 years. What
Jobisdone [24]

Answer: $124800

Explanation:

First, we have to calculate the ammortization expense which will be:

= $468000 / 10

= $46800

May 2019 = ($46800 × 8/12)

= $31200

December 2020 = $46800

December 2021 = $46800

Ammortization expense will now be:

= $31200 + $46800 + $46800

= $124800

8 0
3 years ago
What are some requirements for Postal Service Mail Carriers?( Check all that apply. )
vlada-n [284]

Answer:

<h2><u><em>a.b,c,g</em></u></h2>

Explanation:

7 0
3 years ago
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According to classical economic theory, a market economy: Select one: a. is self-regulating b. will automatically adjust to the
abruzzese [7]

Answer:

A. Is self regulating

Explanation:

The fundamental theory of the classical economy is that the market economy is self regulating. The classical economists believe that an economy is always capable of achieving real GDP, that is GDP when resources are fully employed. And that, time to time, when GDP falls below or exceed the real GDP, the market economy has self-adjustment mechanisms to bring it back to the real GDP level. Classical economists believes in self regulating democracies and capitalistic market developments.

3 0
3 years ago
A company began developing computer software to be sold as a separate product on January 1, year 1. During the planning, coding,
svetlana [45]

Answer:

The sofware-relate cost to capitalized will be 1,300,000

Explanation:

<u>The cost than a business can capitalize will stop once the testing phase is complete.</u>

The production cost, are cost of the period. It will not be capitalize through intangible asset software.

<u>Post-implementation.</u> The cost after the implementation of the software will be treated as expenses. The 275,000 maintenance and customer support will not be capitalized. It will be treated as expense

<u></u>

The software amount will be 1,300,000 which is the value of the cost incurred in the testing phases

7 0
3 years ago
The reason that interest rate risk is greater for ____ term bonds than for ____ term bonds is that the change in rates has a gre
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The reason that interest rate risk is greater for <u>long</u>-term bonds than for <u>short</u>-term bonds is that the change in rates has a greater effect on the present value of the <u>Par Value</u> than on the present value of the <u>Coupon</u>.

<h3>What is a Long-term Bond?</h3>

Long-term bonds are investments that span a maturity term of at least 10 years and up to 30 years.

They usually pay a higher interest rate than the short-term bonds which span between a year and three years.

See the link below for more about long-term bonds:

brainly.com/question/3521722

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2 years ago
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