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NemiM [27]
4 years ago
13

he following data has been collected about Keller Company's stockholders' equity accounts: Common stock $10 par value 30,000 sha

res authorized and 15,000 shares issued, 2,000 shares outstanding $150,000 Paid-in capital in excess of par value, common stock 60,000 Retained earnings 35,000 Treasury stock 25,000 Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:
Business
1 answer:
dusya [7]4 years ago
8 0

Answer:

13,000 shares

Explanation:

data provided for computing the number of shares of treasury stock is here below:-

Issued Share = 15,000

Outstanding Shares = 2,000

The computation of the number of shares of treasury stock is shown below:-

Number of shares of treasury stock = Issued Share - Outstanding Shares

= 15,000 - 2,000

= 13,000 shares

Therefore for computing the number of shares of treasury stock we simply deduct the outstanding share from issued shares.

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An ethical issue is a point where an Individual/Organization has to make a decision on whether an action taken or yet to be taken, is right or wrong, ethical or unethical.

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3 years ago
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Cullumber Company makes three models of tasers. Information on the three products is given below. Tingler Shocker Stunner Sales
swat32

Answer:

a) Net Income = 68200

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3 0
3 years ago
Holdup Bank has an issue of preferred stock with a $8 stated dividend that just sold for $92 per share. What is the bank's cost
kkurt [141]

Answer:

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Explanation:

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