Answer:
$115,000
Explanation:
January 5 - As the shares are $10 par common stock, the additional paid in capital per share is $(15 - 10) = $5.
Therefore, additional paid-in capital for 20,000 shares × $5 = $100,000
July 14 - There is no additional paid-in capital as there is no issuance of stock.
December 27 - As the shares are purchased at the rate of $17 par treasury stock, the additional paid in capital- treasury stock per share is $(20 - 17) = $3.
Therefore, additional paid-in capital- Treasury stock for 5,000 shares × $3 = $15,000
Total additional paid-in capital accounts = $100,000 + 15,000 = $115,000
<span>This is the idea of the developing world. In many of these countries, there is a low amount of industrial or technological development. These countries have a rather low standard of living and a higher poverty rate when compared to countries that have technological development and progress.</span>
Answer:
Explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one. Please have a look at the attached photo.
Given:
- Cost $71 per linear foot
- Budge $34080 for those walls
Let X is the the length
Let Y is the width
From the photo, we can see that
(4X + 6Y)*71 = 34080
<=> (4X + 6Y) = 480
<=> Y = 80 - 
X
The are of the rectangular industrial warehouse:
A(X) = 3Y*X
<=> A(X) = 3(80 - X )X
<=>A(X) = (240-2X)X = 240X - 
So A'(X) = 240 - 4X
Let A'(X) = 0, we have:
240 - 4X = 0
<=> X = 60
=> Y =(80 - X ) = 80 - *60 = 40
So the dimension to maximize total area is: 60 in length and 40 in width
Answer:
$87,800
Explanation:
The following expenditures were incurred by Tamerisk incorporation when purchasing a land
Cash price = $74,000
Accured taxes = $4,400
Attorneys fee= $4,300
Real estate brokers commission = $1,500
Clearing and grading = $3,600
Therefore the cost of the land can be calculated as follows
= $74,000 + $4,400 + $4,300 + $1,500 + $3,600
= $87,800
Hence the cost of the land is $87,800
Answer:
D. is not sending a strong message to investors and creditors that it has the ability to repay its short-term debt
Explanation:
The cash ratio helps measure the liquidity of the company as it shows if it can cover its short-term debt with the cash aand cash equivalents it has. When the ratio is less than 1, as in this case, it means that the company doesn't have enough cash to cover the short-term debt.
