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Karolina [17]
3 years ago
8

A corporation has issued 50,000,000 shares of common stock at $.50 par. The corporation has 10,000,000 shares of Treasury Stock

on its books. The aggregate par value of the outstanding shares is:A. $20,000,000B. $40,000,000C. $80,000,000D. $100,000,000
Business
1 answer:
Alex777 [14]3 years ago
5 0

Answer:

A. $20,000,000

Explanation:

Issued stock is the total number of shares issued by the company.

Treasury stock are those share which is company has bought back from the market.

Outstanding stock are the share which is held by the stockholders of the company. The treasury shares are excluded from it because these share are held by company by itself not by the stockholders.

Issued Share of the corporation = 50,000,000 share

Treasury shares = 10,000,000 shares

Outstanding share = 50,000,000 - 10,000,000 = 40,000,000 shares

Aggregate par value of outstanding shares = 40,000,000 x $0.50

Aggregate par value of outstanding shares = $20,000,000

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Answer:

Incomplete question

Complete question:

An aircraft factory manufactures airplane engines. The unite cost C ( the cost in dollars to make each airplane engine) depends on the number of engines made. If x is the number of engines made, then the unit cost is given by the function C(x)=0.8x^2-160x+26848. What is the minimum unit cost? not rounded

Answer: $18848

Explanation:

Since we have the function

C(x) = 0.8x²-160x+26,848

Firstly, we differentiate

C'(x) = 1.6x - 160

The minimum cost will occur where x = 100.

The vertex of a parabola (quadratic equation) occurs where X = -b/2a, in this case we have that

X = 160/(2×0.8) = 100

Therefore, we substitute x = 100 into the original equation

We have that

C(x) = 0.8(100)²-160(100)+26848

C(x) = 8000-16000+26848

C(x) = $18848

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