The treasury stock of Magnificent Molding was purchased by the stockholders at an average cost of $0.65 per share.
<h3>What is the average cost?</h3>
The cost which is derived from the division of the total costs by the number of units of such stocks is known as the average cost of the stocks. Using the given information, further computation can be made as below,
Par Value of stocks = $60,000; Further Paid-Up Capital = $135,000. Therefore, the total value will be $(60,000+135,000)=$195,000. The total number of shares will be 300,000.
Solving further,
Hence, the average cost of treasury stock purchased by the shareholders of Magnificent Moldings Inc. is calculated above as $0.65 per share.
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<span>This was the reason for the formation of NAFTA.
NAFTA stands for </span>North American Free
Trade Agreement and this agreement was signed by Canada, Mexico, and the United States
by developing a trilateral trade bloc in North America. The <span>North American Free Trade agreement came into force on January 1, 1994.</span>
Answer:
entrepreneur orientation
Explanation:
The tendency of an organization to engage in activities designed to identify and capitalize successfully on opportunities to launch new ventures by entering new or established markets with new or existing goods or services is called entrepreneur orientation
Answer:
2,064,000×8/12 =1,376,000
1,212,000×7/12= 707,000
3,092,500×0=0
Weighted Average
expend.=2,083,000
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