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
mamaluj [8]
3 years ago
7

Manning Company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of

its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $530,000. How much of the proceeds would be allocated to the common stock?
Business
1 answer:
Setler79 [48]3 years ago
4 0

Answer:

$240,909

Explanation:

Given:

Number of common stocks issued = 10,000

Value of common stock = $5

Fair value per share = $25

Number of shares of $15 par value = 15,000

preferred stock having a fair value of $20 per share = $530,000

Total market value of the stocks = 10,000 × $25 + 15,000 × 20 =  $550,000

Now,

The proceeds that would be allocated to the common stock will be

= \frac{\textup{Total fair value of common stocks}}{\textup{Total maket value of the stocks}}\times\textup{Preffered value of total stocks}

= \frac{10,000\times25}{550,000}\times530,000

= $240,909

You might be interested in
Briefly describe an experiment that would test the premack differential probability principle
amm1812
An experiment that could test the Premack differential probability rule is as per the following; the kids are given two reaction choices, one for playing pinball machine and another for eating confection and these practices are evaluated to figured out which is more plausible for every kid. A portion of the youngsters who discovered to favor one movement. In the second period of the trial, the testing of the youngsters was directed with one oF the two systems. In the primary strategy, eating was a fortifying reaction while playing pinball was the instrumental reaction implying that the youngsters played pinball keeping in mind the end goal to eat the confection.
6 0
3 years ago
Social security and medicare are?
mart [117]

Answer:

I believe it is progressive taxes.

Explanation:

Taxes under the Federal Insurance Contributions Act (FICA) are composed of the old-age, survivors, and disability insurance taxes, also known as social security taxes, and the hospital insurance tax, also known as Medicare taxes.

3 0
3 years ago
Keurig created a new category of coffee/tea preparation by offering one-cup-at-a-time pod-style brewing with its "K-cups." Keuri
Citrus2011 [14]

Answer:

The correct word for the blank space is: transformational.

Explanation:

Transformational innovations look for providing a new product or service to the market or giving an existing product differently. The innovation aims to increase the satisfaction of consumers or to solve a problem that was not addressed properly before. Transformational innovations generate a differential advantage for businesses attracting more consumers, therefore, increasing revenue.

7 0
4 years ago
Listening skills are important for career success and organizational effectiveness. Considered one of the soft skills, listening
crimeas [40]

Answer:

Identify the key facts in the message.

Explanation:

Listening skills are important for career success and organizational effectiveness. Considered one of the soft skills, listening skills allow you to improve the effectiveness of your communication with supervisors, colleagues, and customers. To become a more powerful listener, you can employ a variety of techniques.

For example, if you're having trouble focusing on a message, you could identify the key facts contained in that message.

Identifying the key facts implies, you will objectively pick the truths contained therein, as well as high and salient points of the message.

3 0
3 years ago
The latest version of the surgeon general reports recommends ________ for the promotion of health.
Scrat [10]
The answer is Regular and Moderate to High Physical Activity


While generally accepted as good for health, medical professionals have conducted extensive research and recommended that the best way to promote health is to regularly exercising, especially at a moderate and high level physical activity.

This means, simple walking is not going to be enough.
We need to exert our bodies to some extent regular to optimal fitness.

Regular exercise is said to reduce to risk of diabetes, heart problems, various types of cancers etc.
8 0
3 years ago
Other questions:
  • Cheyenne has a small bakery specializing in gourmet cupcakes. In response to customer demand, she has added gluten-free cupcakes
    13·1 answer
  • Ann is in the middle of completing her first 1040EZ tax form. She has some questions about an instruction on the form. What shou
    15·1 answer
  • Tickets to a concert are $35 each. In addition to the cost for the tickets ordered, there is a $15 processing charge per order.
    9·1 answer
  • PLEASE HELP!
    9·1 answer
  • In order for private bargaining to result in the efficient outcome,A) an injunction must be requestedB) property rights must be
    8·1 answer
  • Which of the following is true of accrual basis accounting and cash basis​ accounting? A. Cash basis accounting records all tran
    7·2 answers
  • Land acquired so it can be resold in the future is listed on the balance sheet as a(n)
    10·1 answer
  • A stock is expected to return 11% in a normal economy, 19% if the economy booms, and lose 8% if the economy moves into a recessi
    5·1 answer
  • Helpppp!<br> what does AP stand for and what does it mean?<br><br><br><br> Thanks! :)
    15·2 answers
  • Grasping, strategies for problem solving, driving a car, and balancing a budget are all examples of ______, according to piaget.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!