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Artist 52 [7]
3 years ago
5

On february​ 1, a corporation has 30 comma 00030,000 shares of $ 1$1 par value common stock issued and outstanding. the corporat

ion also has additional paidminus−in capital of $ 100 comma 000$100,000 and retained earnings of $ 100 comma 000$100,000. on february​ 1, the corporation declared a 2minus−forminus−1 stock split. after the​ split, what is the total par value of the common stock and the total​ stockholders' equity,​ respectively?
Business
1 answer:
svetlana [45]3 years ago
6 0

The Stock split changes only the number of shares and the par value per share, it does not make any change in the total par value of the common stock and the total amount of the stockholders' equity.

Hence, the total par value of the common stock shall remain same $30,000

and the total amount of the stockholders' equity shall be calculated as follows:

Stockholders' equity= Par value of Common stock + Additional Paid in Capital + Retained earnings

= 30,000+100,000+100,000

= $ 230,000

Hence, the total par value of the common stock shall be <u>$30,000</u> and the total​ stockholders' equity shall be <u>$ 230,000</u>

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MM Proposition I with corporate taxes states that:
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Answer:

d.) I and II

Explanation:

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8 0
3 years ago
The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.
katrin [286]

Answer:

<u>$26000</u>

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

<u>we first calculate collection flaot:</u>

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate <u>disbursements float:</u>

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= <u>$26000</u>

5 0
3 years ago
Elmer’s utility function is U(x, y) = min{x, y2}. If the price of x is $25 and the price of y is $15 and if Elmer chooses to con
Arte-miy333 [17]

Answer:

the income is $1,330

Explanation:

The computation of the income is shown below;

Given that

U(x, y) = min{x, y2}

Price of x is $25

ANd, the prcie of Y is $15

So,

25X + 15Y = M

if Y = 7,

So,  

At eqm, X = Y^​​​​​​2 = 49

Then ,

M = 25 × 49 + 15 × 7

= 1225 + 105

= 1330

Hence, the income is $1,330

The same should be relevant and considered too

6 0
3 years ago
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Viktor [21]

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On the other hand, along with charity the various types of restaurants distribute their pamphlets and promote their restaurants business in the event. Therefore, Option (A) is correct answer.    

8 0
3 years ago
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Answer and Explanation:

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8 0
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