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
gregori [183]
3 years ago
7

The balance sheet of FIFA Cup Company included the following shareholders' equity section at December 31, 2021: ($ in millions)

Common stock ($1 par, authorized 200 million shares, issued and outstanding 180 million shares) $ 180 Paid-in capital—excess of par 1,080 Retained earnings 560 Total shareholders’ equity $ 1,820 On January 5, 2022, FIFA purchased and retired 2 million shares for $18 million. Immediately after retirement of the shares, the balances in the paid-in capital—excess of par and retained earnings accounts are:` Paid-in capital—excess of par Retained earnings a. $ 1,068 $ 556 b. $ 1,064 $ 560 c. $ 1,080 $ 560 d. $ 1,080 $ 542
Business
1 answer:
liraira [26]3 years ago
5 0

Answer:

A

Explanation:

You might be interested in
Tatham Corporation produces a single product. The standard costs for one unit of its Clan product are as​ follows:
Alla [95]

Answer:

$3,500 Unfavorable

Explanation:

The computation of variable overhead efficiency variance for Clan for November Year 2 is shown below:-

Variable overhead efficiency variance

=  (Standard labor hours - actual labor hours) × (Standard variable overhead rate)

= (3,500 × 2 - 7,500) × $7

= (7,000 - 7,500) × $7

= $3,500 Unfavorable

Therefore for computing the Variable overhead efficiency variance we simply applied the above formula.

3 0
2 years ago
Intellectual Property can be protected by
mash [69]
The answer you are looking for is copyright
5 0
3 years ago
Butler Corporation is considering the purchase of new equipment costing $84,000. The projected annual after-tax net income from
torisob [31]

Answer:

The net present value of the machine is $5530

Explanation:

Data provided in the question:

Cost of the equipment = $84,000

Annual after-tax net income from the equipment after deducting depreciation = $3,000

Depreciation = $28,000

Useful life = 3 years

Required return on investment = 9% = 0.09

Now,

After-tax cash flow = After-tax net income + Depreciation

= $3,000 + $28,000

= $31,000

Therefore,

Net Present Value = Present value of cash flow - Investment

= ( $31,000 × PVIFA(11%, 3) ) - $84,000

= ( $31,000 × 2.5313 ) - $84,000

= $78470.3 - $84,000

= -$5529.7 ≈ - $5530

hence,

The net present value of the machine is $5530

4 0
3 years ago
Read 2 more answers
You just acquired a home mortgage for 30 years in the amount of $184,500 at 4.65 percent interest, compounded monthly. How much
alex41 [277]

Answer:

EMI=P*r * (1+r)^n/(1+r)^n-1

Where EMI= equal monthly installments

P=Principal amount

r=rate of interest

n=numer of periods

Explanation:

P=$184,500

r=4.65%/12=.3875%

n=30*12=360

EMI=$184,500*.3875%*(1+.3875%)^360/((1+.3875%)^360-1)

EMI=$951

Interest in first monthly installment=$715

Principal Amount in first monthly installment=$236

7 0
2 years ago
Jamie can't help but notice and be negatively affected by the interviewer's frown as he explains to her why he left his last job
stepan [7]
12345678901234567890
5 0
3 years ago
Other questions:
  • You move 18% of your online checking account balance of $2,525 to your savings account. How much of your checking account did yo
    6·1 answer
  • When formatting a cover letter, what should be first at the top of the page?
    6·2 answers
  • What is the name for a treasury certificate given by the government to an investor in exchange for money? A. Earned income B. Ca
    10·1 answer
  • Which of the following is a good basic requirement for a satisfying career? A.It requires a lot of overtime. B.It allows for fre
    6·2 answers
  • Accounting information systems:
    5·1 answer
  • Who would be more likely to join the cross-country team (individual sport) instead of the volleyball team (team sport) and want
    10·2 answers
  • What describes items of a tenant's personal property that the tenant has temporarily affixed to a landlord's real property in or
    6·1 answer
  • Who is down for a Amazon card trade for steam gift card
    8·2 answers
  • Muecke Inc. is working on its cash budget for April. The budgeted beginning cash balance is $40,000. Budgeted cash receipts tota
    5·1 answer
  • In an organization, the functional level is made up of ________, which provide specific and focused strategic direction.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!