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Ad libitum [116K]
3 years ago
7

On January 22, Ireland Corporation issued for cash 19,000 shares of no-par common stock at $25. On February 14, Ireland issued a

t par 6,000 shares of 4%, $80 par preferred stock for cash. On August 30, Ireland Corporation issued for cash 25,000 shares of preferred 4% stock, $80 par at $91. Journalize the entries to record the January 22, February 14, and August 30 transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.
Business
1 answer:
ahrayia [7]3 years ago
7 0

Answer:

i am sorry i do not know

Explanation:

.

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NewKirk Inc.., is an unlevered firm with expected annual earnings before taxes of $21 million in perpetuity. The current require
IrinaVladis [17]

Answer:

$11,895,000

Explanation:

Expected annual earnings before tax = $21,000,000

Debt issue = $30,000,000

Interest rate = 9%

Annual Interest expenses = $30,000,000 × 9%

= $2,700,000

EBT = EBIT - Interest expenses

= $21,000,000 - $2,700,000

= $18,300,000

Net income = $18,300,000 × (1 - 35%)

= $11,895,000

Cash flows available to equity holders after recapitalization will be $11,895,000.

8 0
3 years ago
How does an opthalmologist help the patients? plzz help me ​
kifflom [539]

Explanation:

An Opthamologist is a type of doctor who helps in treatment of several or severe eye diseases...

6 0
3 years ago
National income is other wise called a) Real income b) nominal income c) Gross National product d) money income​
svetlana [45]

Answer:money income

Explanation: I think it’s money income not for sure though

8 0
3 years ago
In the context of work team processes, cooperative teamwork skills: Group of answer choices include the ability to have access t
Arisa [49]

Answer:

(D) ​include open communication, trust, personal integrity, positive interdependence, and mutual support.

Explanation:

With respect to the process made for the work team, the skills of the cooperative teamwork generally involves the open communication so that there is no misunderstand, also it includes the trust, mutual support, and other things so that the employees feel comfortable and they dont hesitate while asking anything

So as per the given situation, the above should be the answer

5 0
3 years ago
Cash flows from operating activities are $200,000; cash flows from financing activities are $150,000; capital expenditures are $
irina1246 [14]

Answer:

free cash flow is $90,000

Explanation:

given data

operating activities = $200,000

cash flows from financing activities = $150,000

capital expenditures = $90,000

dividends = $20,000

solution

we get here free cash flow that is express as

free cash flow = operating activities -  capital expenditures - dividends paid   ..................1

put here value and we get

free cash flow = $200,000 - $90,000 - $20,000

free cash flow =  $90,000

so free cash flow is $90,000

5 0
2 years ago
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