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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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Assume a division of Hewlett-Packard currently makes 12,000 circuit boards per year used in producing diagnostic electronic inst
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Answer:

The net benefit is -$26,000

Explanation:

Given the above information,

The total cost of manufacturing 12,000 circuit boards

= 12,000 × $34

= $408,000

Total purchase price

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= 12,000 × $6

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The rental income = $46,000

Outsourcing cost

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= $434,000

Therefore, Net benefit

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8 0
3 years ago
An investor owns 200 shares of a stock that has split 2 for 1. The investor will get the additional 200 shares by_______.
Scrat [10]

Answer:

Explanation:

Given information

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Split ratio = 2 for 1

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The additional shares would get when the investor received the new certificate which specifies the additional shares plus the old certificate is also with the investor which decreased the par value of each share.  

It is a cheaper method as compare to cancel the shares plus issuing them

6 0
3 years ago
In a transaction between merchants, the additional proposed terms automatically become part of the contract unless
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The correct answer would be d. all of the above
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3 years ago
The worst loss that could ever happen to a firm is referred to as the
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The term you are looking for is <span>maximum possible loss.</span>
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Connor and demi are employees of ecocrop corporation. under the equal pay act, ecocrop can legitimately pay different wages on t
mylen [45]

Connor and demi are employees of Eco crop corporation. under the equal pay act, Eco crop can legitimately pay different wages on the basis of seniority.

What is a Wages?

A wages is the amount of money that an employer agrees to pay a worker in exchange for their services. Actual earnings come in a variety of forms, including the following:

  • Piece rates are the remuneration given in accordance with the job completed by the employee. The quantity of units generated by the employee is taken into account while calculating the piece rate.
  • Time earnings are earned when a worker is compensated for his or her labor in accordance with the passing of time. For instance, time wages would apply if the worker received 35 rupees  per day.

Learn more about Wages here:

brainly.com/question/15431287

#SPJ4

6 0
2 years ago
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