Answer:
- How many shares of common stock are outstanding?
C. 3,000
Explanation:
Treasury stock, are those that the company repurchase from the market and keep it in the company, in this case the company keep the shares in the accounting and the shares could be reissued in the future.
The company issued 9,000 shares, it is reflected in the Common Stock account, $90.000 / $10 = 9,000.
Then in the Treasury Stock account are registered the shares that the company repurchases from the market, these are, 6,000 shares.
Finally the total Common Shares outstanding are 3,000.
Answer:
I have chosen Apple Inc.
Explanation:
Apple Inc is a tech giant and manufactures innovative and most differentiated telecommunication products, music products, computer products, application services, etc which is highly valued among its customers. That's the reason why Apple is one of the most highly valued company in the world with almost $137 billion cash balance. This cash balance has been increased by $20 billion in the last three years which shows its higher profitability and that its inventory is highly liquid asset because it is quickly converted into cash. Furthermore, the greater demand of product and customer loyalty has strengthen its position all because of unmatched innovation introduced in each of its product every year. The greater cash balance shows that the company has greater sales and has higher profit margin on its unmatched product.
The picture of Apple headquarter and of its logo are given below:
Answer:
<em>Taxes on the purchase of specific items such as gasoline, cigarettes, or alcoholic beverages are called </em><em><u>excise</u></em><em> taxes.</em>
Answer: A. The island of Atlantis has an increasing opportunity cost of producing potatoes and the production possibility frontier is bowed outward.
Explanation:
When there is an increasing opportunity cost of producing a good, the Production Possibilities Frontier (PPF) will be bowed out to represent that as more of the good is being produced, more of another good is being given up to do so.
For the island of Atlantis therefore, as they produce more of potatoes, they are giving up being able to produce whatever more and more of other goods they produce which is therefore leading to a PPF that is bowed outward.
Answer: the correct answer is call-to-action.
Explanation: