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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

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Answer:

it's Jake, Kim, or Lyron or basically the first one but yours appears to be different

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3 years ago
What is a table in economics and state 5 characteristics of a table​
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A table is a systematic arrangement of data implementing columns and rows to display information which make it easier for better understanding.

Table number: A table should always be numbered for easy identification

Title of the table

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3 years ago
"The Free-Float Company, a company in the 36% tax bracket, has riskless debt in its capital structure which makes up 40% of the
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Equity Beta = 1.1413

Explanation:

The formula to find the asset beta is

Asset Beta = Equity Beta/(1+(1-tax rate)(Debt/Equity))

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Asset Beta = 0.8

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0.8=Equity Beta/(1+(0.64)(0.40/0.60)

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0.8=Equity Beta/1.4266

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6 0
3 years ago
If you know that the value of an asset is $100 today, what concept will tell you what it will be worth in 5 years given a certai
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Answer:

future value

Explanation:

Future value is the value of a sum of money at some point in the future given a  certain interest rate.

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6 0
3 years ago
8. Problems and Applications Q8 Social Security benefits are increased each year in proportion to the increase in the CPI, even
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Answer:

  1. False
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Explanation:

1. Social security benefits are increased each year in proportion to an increase in CPI which measures inflation. This CPI is based on a market basket that most people use. If the social security benefits that the elderly get rises as the price of the basket rises then Social Security would not provide a decrease in their standard of living but would rather leave it unchanged so this answer is <u>FALSE.</u>

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6 0
3 years ago
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