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Serhud [2]
3 years ago
14

Dali Company has 15,000 shares of stock authorized on January 1. Dali issues 4,500 shares to the stockholders during the year an

d then the company repurchases 1,500 shares as treasury stock. Based on this information, how many shares are outstanding at December 31?
Business
1 answer:
olga2289 [7]3 years ago
4 0

Answer:

3,000

Explanation:

Data provided in the question:

Number of shares authorized = 15,000

Number if shares issued = 4,500

Number of shares repurchased = 1,500

Now,

Total shares outstanding =  Shares issued - Shares repurchased

or

Total shares outstanding = 4500 - 1,500

or

Total shares outstanding = 3,000

Hence,

3,000 shares are outstanding at December 31

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Answer:

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2 years ago
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Wendell’s Donut Shoppe is investigating the purchase of a new $40,000 donut-making machine. The new machine would permit the com
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<u>Solution and Explanation:</u>

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=\$ 5200+(2000 * \$ 2.40 \text { per dozen })

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<u>Answer:2 </u>The internal rate of return promised by the new machine to the nearest whole percent is:

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Cash outflow  0  -40000

Cash inflow  1  10000

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               3  10000

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              6  10000

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with salvage value

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