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
Martin Jackson receives an hourly wage rate of $30, with time and a half for all hours worked in excess of 40 hours during a wee
goblinko [34]

Answer: 1009.75

Explanation:

Computation of Net Pay

Hourly wage 30 × 46. = 1380

Excess hours 30×1/2×(46-40) =90

Total Gross =1470

Less:

Income Tax 350

Social Security ta 1470×6%. 88.2

Medicare tax 1470×1.5% 22.05

Net Pay 1009.75

Hence Option B is correct.

7 0
3 years ago
Read 2 more answers
Although the ethics codes of the various professional organizations have specific differences, some of the common themes include
malfutka [58]
<span>Although the ethics codes of the various professional organizations have specific differences, some of the common themes include: being interested in the welfare of clients, avoiding harm and exploitation, and protecting client's confidentiality and privacy.</span>
3 0
3 years ago
Farmer Ted planted 200 acres in wheat this year. The weather has been perfect and he expects to harvest a record crop within the
mina [271]

Answer:

d. Transactions exposure.

Explanation:

Transactions exposure -

It is the level of uncertainty involved in a business in the international trade face .

It is the risk which currency exchange rates would fluctuate after the firm has taken a financial obligation .

The high level of vulnerability to shift the exchange rates can lead to the loss of the major capital for the international business .

Hence from the information of the question , the correct answer is  d. Transactions exposure .

5 0
3 years ago
Financial literacy is the knowledge about
hammer [34]

Money. I'm doing the same subject right now. Feel free to message me if you have any questions.

3 0
3 years ago
You would like to combine a risky stock with a beta of 1.76 with U.S. Treasury bills in such a way that the risk level of the po
MaRussiya [10]

Answer:

The risk of Treasury bills is 0 so we need to buy a proportion of risky assets that its beta equals to 1 which is the market beta

1.76x=1

x=1/1.76

x=0.568

x=56.8%

We need to invest 56 percent of ours portfolio in risky stocks and 44 percent in treasury bills

(0.568*1.76)+*0.44*0)=

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • At the end of the current year, Accounts Receivable has a balance of $2,150,000; Allowance for Doubtful Accounts has a debit bal
    10·1 answer
  • Lang Warehouses borrowed $131,300 from a bank and signed a note requiring 9 annual payments of $15,328 beginning one year from t
    13·1 answer
  • The balance of payments is a record of:___________
    5·1 answer
  • Sammy’s Pizza opened on January 1, 2018. Sammy’s reported the following for cash revenues and cash expenses for the years 2018 t
    14·1 answer
  • The preferred debt-to-income ratio is usually: A. 28 percent B. 36 percent C. 40 percent D. 50 percent
    6·1 answer
  • Critical analysis Q8 Complete the following statement. An unexpected increase in the price level will temporarily output and emp
    5·1 answer
  • What is the difference between legitimate and illegitimate compulsion for enrique dussel? Does he consider both to be violence?
    10·1 answer
  • Emily spent her summer vacation in Buenos Aires, Argentina, where she got plastic surgery for a fraction of what it would cost i
    6·1 answer
  • 100 point givaway
    10·1 answer
  • What are two inputs to the solution vision?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!