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
Elanso [62]
2 years ago
14

Presented below is the stockholders' equity section of Oaks Corporation at December 31, 2015:

Business
1 answer:
kotykmax [81]2 years ago
4 0

Answer:

$1,765,000

Explanation:

The computation of total stockholders' equity is shown below:-

Common stock = $900,000

Paid-in capital in excess of par value = $250,000

Paid-in capital from treasury stock

=1,800 × ($30 -$28)

= $3,600

Retained earnings

= $300,000+ $450,000

= $750,000

Treasury stock

= (1,200 × $28) + (3,000 × $35)

= $138,600

Total stockholders' equity = Common stock + Paid-in capital in excess of par value + Paid-in capital + Retained earnings - Treasury stock

= $900,000 + $250,000 + $3,600 + $750,000 + $138,600

=  $1,765,000

You might be interested in
Anyone who does BUSINESS STUDIES in grade12
tigry1 [53]
My answer -

I study Business is there anything you need help with.

P.S

Have an AWESOME!!!! day :)
8 0
3 years ago
Read 2 more answers
A newly issued bond has a maturity of 10 years and pays a 7.7% coupon rate (with coupon payments coming once annually). The bond
Sliva [168]

The convexity of the bond is 61.810 and the duration of the bond is 7.330 years.                                                                                                      

<u>Explanation</u>:

  • A newly issued bond has a maturity of 10 years. It pays a 7.7% coupon rate. The coupon payments will receive each year. Using the coupon payments the year will be reduced.
  • The maturity year will get reduced. So the duration of the bond is approximately 7.330 years. If the bond is sold at par value the convexity can be calculated using the number of years.
  • So the convexity of the bond is 61.810.                                                                            

3 0
2 years ago
Capital budgeting is a tool that explicitly incorporates the time value of money in decisions involving significant long-term in
Elena L [17]

Answer: True

Explanation: Capital budgeting is a tool used for evaluating the profitability of long term investments by the company. In the process of capital budgeting, the incremental expected cash inflows are compared with the initial cash outflow of the project using time value of money analysis.

In time value of money analysis the expected cash inflows are discounted back to the present time by using a particular rate, and then that present value is deducted from outflow to ascertain the profit.

4 0
2 years ago
E2-6 Investment Income LO 2-2, 2-3 What net income would Ravine Corporation have reported for each of the years, assuming Ravine
zheka24 [161]

Answer: investment Income

Explanation: By Carrying  the Investment at fair Value or by using equity method would ensure that the investment income is spread adequately across the Corporation over the years be it two years or three years. This would also help the corporation to make proper planning around their budget and finances as regards to units in the corporation.

4 0
3 years ago
The u.s. federal government offers homeowners a tax deduction for their home loan interest payments. this reduction in taxes ser
stepan [7]
<span>This reduction in taxes serves as a "direct"  incentive to buy a house.


</span>There are direct incentives and indirect incentives, the difference between them are;Direct incentives are generally simple to perceive/aftereffect of an activity – Firm brings down the gas cost to pull in more clients and Indirect incentives are the hidden outcome of the move made – Pollution is a result of the expanded amount requested.
4 0
3 years ago
Other questions:
  • An advertisement that makes you worry about bad breath, body odor, or dandruff is relying on a fallacy called
    10·1 answer
  • Price serves the function of ____ for goods, services, and financial resources. distributor determining factor screener quantifi
    12·1 answer
  • An end item​ "A" is assembled from two​ "B" components and two​ "C" subassemblies. The​ "C" subassembly is composed of one of ea
    15·1 answer
  • Which of the following is a primary responsibility of the Federal Reserve Bank? APrint money BCollect taxes CWrite monetary laws
    6·2 answers
  • OB research on job performance and individual characteristics draws primarily from studies in ___________. a.social relationship
    13·2 answers
  • The Boat Works decided to go public by offering a total of 135,000 shares of common stock to the public. The company hired an un
    8·1 answer
  • What is an example of a long term liability?
    6·2 answers
  • Government transfer payments:A) are included as part of government purchases, G.B) can be viewed as negative tax payments, T.C)
    11·1 answer
  • What do right-to-work laws do?
    6·1 answer
  • John wants to purchase a new motorcycle that costs $10,000 in five years. If John wants to have $10,000 in five years, how much
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!