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Ivanshal [37]
3 years ago
11

The following data were reported by a corporation: Authorized shares 24,000 Issued shares 19,000 Treasury shares 5,500 The numbe

r of outstanding shares is: Multiple Choice 19,000. 18,500. 29,500.
Business
1 answer:
Basile [38]3 years ago
4 0

Answer:

13,500

Explanation:

Outstanding shares = issued shares - Treasury shares

19,000 - 5,500 = `13,500

Shares is a method through which firms raise capital.

Authorised shares are the maximum number of shares a company can issue to investors

Outstanding shares are the total number of shares sold to investors

Treasury shares are shares that have been issued and later repurchased by the company

Issued shares are the shares that a company issues

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ACEM Hardware purchased 8400 gallons of paint in March. The store had 3200 gallons on hand at the beginning of March, and expect
disa [49]

Answer:

Sales will be equal to 8900 gallons

Explanation:

We have given hardware purchased = 8400 gallons

The store had 3200 gallons on hand at the beginning of the of march

So opening stock = 3200 gallons

And expected to have 2700 gallons at the end of march

So closing stock = 2700 gallons

So sales = purchases + opening stock - closing stock = 8400 + 3200 - 2700 = 8900 gallons

So sales will be equal to 8900 gallons  

5 0
3 years ago
The following details are provided by Western Wear Merchandisers. The company uses the periodic inventory system.
polet [3.4K]

Answer:

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10 us dollar

Explanation:

step by step

5 0
3 years ago
Suppose you are salesperson for a company that manufactures and sells industrial equipment. Two or three of your key accounts pe
algol13

Answer:

d. Form a close partnership with individuals involved in order fulfillment (e.g., shipping and transportation) in an effort to make sure they are committed to meeting the special delivery requirements of those key accounts.

Explanation:

The sales person should make a close partnership with order fulfillment department in order to meet special delivery requirements by the key accounts. If the special delivery needs of key accounts is not addressed then they may discontinue buying the equipment from the company. To retain the key accounts the sales person has to ensure the order fulfillment team is committed in meeting the special delivery requirements by those key accounts.

5 0
3 years ago
Which of the following is a nonmanufacturing business where process costing would most likely be used? An auto body shop. A furn
solmaris [256]

All of them are the non-manufacturing business where process costing would most likely be used.

Explanation:

  • All are non-manufacturing business which are as follows,
  • An auto body shop.
  • A furniture repair shop.
  • A laboratory that tests water samples for lead A tailoring shop.
  • A beauty shop.
  • Non-manufacturing business costs refers to those business where it is incurred outside the factory or production unit
  • Non-manufacturing costs includes,
  • selling expenses
  • general expenses
  • Selling Expenses
  • It is also called as selling and distribution expenses.
  • Non-manufacturing expenses have no impact on the production cost of the company due to their period costs.
7 0
4 years ago
The net income or net loss is calculated on the
Ber [7]
The net income or net loss is calculated on the statement of owner’s equity.
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3 years ago
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