Answer and Explanation:
The classification of the funds as a short term or long term strategy as follows;
a. Line of credit = short term financing
b. Commercial paper = short term financing
c. Trade credit = short term financing
d. Bank load of 10 months = short term financing
e. Bond = long term financing
f. Stock = long term financing
g. Bank load of 20 months = long term financing
In this way, the classifications of the funds has to be done
Answer:
It is $329,209.31
Explanation:
Please attached sheet for computation.
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Answer:
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Answer:
26,920
Explanation:
At $10 par value,
Number of authorized shares = 30,000 (given)
Number of issued shares = $270,000/$10 = 27,000 shares
Number of treasury shares = $1,200/$15 = 80 shares
Since Treasury shares do not form part of outstanding shares, they will be deducted from issued shares to obtain outstanding shares
Therefore, number of outstanding shares
= 27,000 - 80
= 26,920 shares
