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devlian [24]
3 years ago
7

The corporate charter of Gagne Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first

2 years of operation, Gagne sold 70,000 shares to shareholders and reacquired 4,000 of these shares. After these transactions, how many shares are authorized, issued, and outstanding
Business
1 answer:
Elanso [62]3 years ago
6 0

Answer:

authorized 100,000

issued 70,000

outstanding 70,000 - 4,000 treasury stock = 66,000

Explanation:

The amount authorized doesn't change unless the company start  the legal procedure to do it.

The shares, once issued, can't be destroyed.

Te outstanding shares are the mount in the market, that will be the issued shaes less the treasury stock, which are shares in the company's possesion.

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In 2011, women working full-time and year-round earned ___ percent of what their male counterparts earned.
qaws [65]

In 2011, women working full-time and year-round earned 82 percent of what their male counterparts earned.

 

The data can be found in the book Women in the Labor Force: A Databook. <span>This report presents historical and recent labor force and earnings data for women and men from the Current Population Survey (CPS), a national monthly survey of approximately 60,000 households conducted by the U.S. Census Bureau for the U.S. Bureau of Labor Statistics.</span>

7 0
4 years ago
​DivetheBlue, a company marketing​ deep-sea diving​ equipment, charges very high prices for its products. Despite the availabili
Kaylis [27]

Answer:

DivetheBlue has earned a reputation for selling​ high-quality products. This exemplifies​ a non price position.

Explanation:

A non price positioning is a marketing strategy in which a company prices its position which is not compatible with the market based on the kind of quality, design or workmanship they are providing to the customer.

DivetheBlue also focuses on the quality of their products and price accordingly, higher than the rest of the market. They have non price positioning which has specific loyal customer base.

4 0
3 years ago
Pearson Electric Company uses the high-low method to analyze mixed costs. The following information relates to the production da
Simora [160]

Answer: 6520 + 3x

Explanation:

Firstly, we need to calculate the variable cost per hour which will be:

= (Highest activity cost – Lowest activity cost)/(Highest activity hour – Lowest activity hour)

= (9460 - 7300)/(980 - 260)

= 2160 / 720

= 3

We'll also find the fixed cost which will be:

= Fixed cost = Highest activity cost – (Variable cost per hour x Highest activity hour)

= 9460 - ( 3 x 980)

= 9460 - 2940

= 6520

Therefore, the cost function will be:

= 6520 + 3x

8 0
3 years ago
Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, and had an ending sha
Tamiku [17]

Answer:

Percentage of total return is -7.87

Dividend yield is 2.47%

Explanation:

Rate of return is the rate of income earned during the period in which the investment is held. It includes any income in the form of dividend and price difference.

Dividend received = $2.15

Price difference = Current price  - Initial Price = $78 - $87 = -9

Rate of return = ( ( Dividend received + Price change ) / Initial price ) x 100

Rate of return =  ( ( $2.15 + (-9) ) / 87 ) x 100

Rate of return  = ( -6.85 / $87 ) x 100

Rate of return = -7.87%

Dividend Yield = Dividend / Current Stock price = $2.15 / $87 = 0.0247 = 2.47%

3 0
4 years ago
Sweet Treats common stock is currently priced at $17.15 a share. The company just paid $1.22 per share as its annual dividend. T
nalin [4]

Answer:

9.68 percent

Explanation:

Calculation to determine the firm's cost of equity

Using this formula

Cost of equity=[(Annual dividend×Increase in dividends×/Current price of common stock]+Dividends

Let plug in the formula

Cost of equity=[($1.22 × 1.024)/$17.15] + 0.024

Cost of equity=($1.24928/$17.15)+0.024

Cost of equity=0.0728+0.024

Cost of equity=0.0968*100

Cost of equity=9.68 percent

Therefore the firm's cost of equity is 9.68 percent

8 0
3 years ago
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