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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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The new bridge would require 14 piers to support it and it was known that each time a pier is sunk into the harbor it would take
Sergeu [11.5K]

Answer:

$21,000

Explanation:

The new bridge would take 30 man hours of labor at $50 per hour, in activity based costing, this means that ,

30*50 = 1500.

Now, it will require 14 piers to support it each time a pier is sunk into the harbor,hence the final calculation will be:

30*50*14 = 21000.

Hope this Helps.

Goodluck.

6 0
3 years ago
Becoming a manager meams
Lesechka [4]

Answer:

The statement is: True.

Explanation:

Being a manager implies handling groups of people with diverse cultures, experiences, and personalities. To perform a proficient work, executives should have a well-defined method of working but be able to adapt it according to their subordinates and the situation the firm is facing. In some cases, their ego will have to be left behind to reach the company's goals.

5 0
3 years ago
your company’s marketing manager implements the company’s new marketing strategy and tactics on the market. what types of inform
stiks02 [169]

The type of information the marketing manager needs to monitor to judge the plan's successful implementation and strategic effectiveness are profits, customer relations, sales information, and competitor reactions.

A marketing strategy is one whose objective is to position the company in relation to competitors, through the creation of value that will help attract and retain consumers.

There are several tools that can help shape an organization's marketing strategy, such as:

  • The 5 P's of marketing.
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Therefore, the manager must monitor profits, company-customer relationships, sales, and competitor reaction to judge the success of a marketing plan, which should generate value and market leadership for an organization.

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8 0
2 years ago
What is one way to begin saving start up capital?
Stella [2.4K]

Answer:

A - Set aside a portion of your income each month.

Hope This Helps

8 0
3 years ago
Today, you have two coins each of which is valued at $100. One coin is expected to appreciate by 5.2 percent annually while the
ziro4ka [17]

Answer:

=$337.43

Explanation:

The value of each of the coins after 50 years is the future value after 50 years at their respective interest rate.

The formula for  future value is FV = PV × (1+r)n

For the first coin at 5.2 percent,

Fv = 100 x ( 1 + 5.2/100 ) 50

Fv =100 x (1+ 0.052) 50

Fv = 100 x 12. 61208795

Fv = $1,261. 21

For the second coin at 5.7 percent,

Fv = 100 x (1 + 5.7 /100)50

Fv =100 x (1 + 0.057 )50

Fv = 100 x 15.98

Fv = 1, 598. 64

the difference in value will be

=$1598.64 - $1,261.21

=$337.43

6 0
4 years ago
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