1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ad-work [718]
3 years ago
11

The following data is available for BOX Corporation at December 31, 2017: Common stock, par $10 (authorized 30000 shares) Treasu

ry stock (at cost $15 per share) Based on the data, how many shares of common stock are issued? $270000 $1200 a. 26920.b. 29920. c. 30000. d. 27000.
Business
1 answer:
marishachu [46]3 years ago
7 0

Answer:

A) 26920

Explanation:

Issued common stock with par $10, total $270,000. The total number of issued stocks = $270,000 / $10 per stock = 27,000 stocks

Stocks held in Treasury = $1,200 / $15 per stock = 80 stocks

The total number of outstanding stock = total number of issued stocks - stocks held in Treasury = 27,000 stocks - 80 stocks = 26,920 stocks

You might be interested in
The rule preventing recovery for reasonably avoidable damages is often called the duty to mitigate. True or false
Degger [83]

Answer:

True

Explanation:

In contract law and civil law, the duty to mitigate damages refers to the duty that the individual responsible for the wrongdoing must carry out to limit the harm or injury caused by him/her. The duty to mitigate applies both for contract breaches and victims or torts.

3 0
3 years ago
A step out is a pricing practice in which a firm:
Katen [24]
I would say the answer is D
3 0
3 years ago
On January 1, 2020, National Retail purchased $100,000 of GEH Company bonds at a discount of $10,000. The GEH bonds pay 6% inter
rusak2 [61]

Answer:

Cr Interest revenue $3,624

Explanation:

Dr Investment in bonds 100,000

    Cr Cash 90,000

    Cr Discount on investment in bonds 10,000

the first coupon payment:

(90,000 x 4%) - $3,000 = $600

Dr Cash 3,000

Dr Discount on investment in bonds 600

    Cr Interest revenue 3,600

the second coupon payment:

(90,600 x 4%) - $3,000 = $624

Dr Cash 3,000

Dr Discount on investment in bonds 624

    Cr Interest revenue 3,624

4 0
3 years ago
Which of the following is not a part of the definition of market value used by federal financial institutions?a) Buyer and selle
lubasha [3.4K]

Answer:

b) The property sells in 90 to 120 days

This is not a condition required to define market value.

It state a reasonable time, but does not specifies any duration.

Explanation:

The law indicates 5 conditions to determinate the market value, which is the most probable price which a property can be traded:

(1)  Buyer and seller are typically motivated; (is listed as a)

This means seller want to sale at high as possible, buyer purchase as lowest as possible, they are not colluding, they are motivated to do the transaction in their best interest

(2)  Both parties are well informed or well advised, and acting in what they consider their own best interests; (listed as d)

Both parties know the market, they know the characteristics of the real state.

(3)  A reasonable time is allowed for exposure in the open market;

Notice the diference with option b. Which is giving an specific duration. Opcion C is not correct.

(4)  Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and (option c)

The property is being trade for cahs or cash equivalent.

(5)  The price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale.

The transaction only involves the sale, there is isn't any hidden transaction behind

7 0
3 years ago
13. An advertisement’s tag line says, “Don’t just win, show that you deserve to win.” The tag line focuses on which internal or
Natasha_Volkova [10]

Answer:

B = Age and life cycle stage but not too sure

4 0
3 years ago
Other questions:
  • HELPPSPSPPSPSOSPPSSPOSJHDJWK
    10·1 answer
  • Government payments to suppliers are called excise taxes. <br> True<br> or <br> False
    13·2 answers
  • Everyone in the organization has a stake in how information is processed and managed.
    6·1 answer
  • Serendipity Inc. is re-evaluating its debt level. Its current capital structure consists of 80% debt and 20% common equity, its
    11·1 answer
  • Rianne has to choose between returning to graduate school to pursue her love of philosophy or going to work for a bank in town.
    11·1 answer
  • Equestrain Roads accepted a customer's $50,000 zero-interest-bearing six-month note payable in a sales transaction. The product
    5·1 answer
  • Avent, Inc. is a real estate investment company located in Boston, Massachusetts. Avent was approached by a property owner in No
    10·1 answer
  • In 1978 corporate CEOs in the USA earned, on average, 35 times more than the average worker. Today, the earn ___ times more than
    5·1 answer
  • True or false: A protective tariff is designed to raise money for the government. True false question. True False
    14·1 answer
  • The third step in the organization development process is ______
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!