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wlad13 [49]
3 years ago
9

"Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding sha

res of Vicker. What will be the consolidated Additional Paid-In Capital and Retained Earnings (January 1, 2018 balances) as a result of this acquisition transaction?"
Business
1 answer:
Ghella [55]3 years ago
8 0

Answer:

Additional paid in capital in excess of par value is any amount of money received through issuing stocks at a higher value than par:

additional paid in capital = ($47 - $5) x 12,000 stocks = $42 x 1,200 = $504,000

Additional paid in capital does not affect retained earnings, so retained earnings should remain unchanged.

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What was the opening price of Dow Jones Industrial Average on May 16, 2017 in the format of XXXXX.XX?
Mila [183]

The Opening price of the Dow Jones Industrial Average on May 16, 2017, in the format of XXXXX.XX was 20,984.48.

The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States.

So, Dow Jones was 20,984.48 on May 16, 2017.

To know more about Dow Jones, refer to:

brainly.com/question/2685954

#SPJ2

4 0
2 years ago
*LOOK AT THE PHOTO PLEASE*<br> The goal of giving the debtor a fresh start is accomplished through
RSB [31]
<span>The goal of giving the debtor a fresh start is accomplished through</span><span> releasing debtors from personal liability for specific debts and protecting them from collection efforts.</span>
3 0
3 years ago
The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning mercha
Deffense [45]

Answer:

desired ending finished goods units less beginning finished goods units.

Explanation:

production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.

It should be noted that the formula for the production budget is desired ending finished goods units less beginning finished goods units..

7 0
3 years ago
In 1896, the first Green Jacket Golf Championship was held. The winner’s prize money was $160. In 2015, the winner’s check was $
Talja [164]

Answer:

r = 0.080528395 = 8.05%

Winner's Prize at 2044:  $ 15,215,114.02

Explanation:

Principal \: (1+ r)^{time} = Amount

Principal 160

Amount 1,610,000

time: 2015 - 1896 = 119

160 \: (1+ r)^{119} = 1,610,000\\ r = \sqrt[119]{1,610,000 / 160} -1

r = 0.080528395

If the same rate for the winner's prize is being keep by 2044 the winner will get:

Principal \: (1+ r)^{time} = Amount

Principal 1,610,000.00

time 29.00 (2044 - 2015)

rate 0.08053

1610000 \: (1+ 0.0805283946683808)^{29} = Amount

Amount 15,215,114.02

3 0
3 years ago
Diego has been hired as a consultant to review a company’s contracting and purchasing procedures. He began by reviewing recent c
MatroZZZ [7]

Diego applying the systems model of change as a diagnostic framework

<h3><u>Explanation:</u></h3>

The Business Diagnostics Framework is a systemized way to diagnose the form of your business. The framework emerges from the external concentric rings, evaluating primary the outside environment and then penetrating down into the essential functional areas of the business processes.

Business diagnosis is a means of operating rearward to recognize causes for inadequate execution by making the relevant links within causes and effects. Thus, it is a method of knowing the signs or conditions of a problem. The Business Diagnostics system is a different framework that assists resolve even the most complicated business circumstances.

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