Answer: 2,080,000 shares
Explanation:
The question states that 2,080,000 shares were issued at a price of $15 per share so this will be the number of shares issued.
Shares issued are those shares that were actually sold by the company from the number of Authorized shares and quite often they will be less than the number of Authorized shares allowed.
The indirect approach is one in all accounting treatments used to generate cash go with the flow announcement. The indirect method uses increases and decreases in stability sheet line items to modify the operating phase of the coins float statement from the accrual technique to the coins technique of accounting.
The coins waft direct approach determines changes in coins receipts and payments, which might be stated in the cash waft from the operations phase. The indirect method takes the internet profits generated in a period and provides or subtracts modifications inside the asset and liability accounts to decide the implied coins float.
The indirect method for a cash flow assertion is a way to give facts that shows how a great deal of cash an organization spent or made all through a certain period and from what assets. It takes the organization's net earnings and provides or deducts stability sheet items to determine whether coins go with the flow.
Learn more about the indirect method here:
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Answer:
For the first 2 we calculate the future value:
(A)856
(B)1,122.04
(C) and (D) thre present value will be 800
Explanation:
![Principal * (1+ r)^{time} = Ammount](https://tex.z-dn.net/?f=Principal%20%2A%20%281%2B%20r%29%5E%7Btime%7D%20%3D%20Ammount)
![800* (1+ 0.07)^{1} = Ammount](https://tex.z-dn.net/?f=800%2A%20%281%2B%200.07%29%5E%7B1%7D%20%3D%20Ammount)
856
![800* (1+ 0.07)^{5} = Ammount](https://tex.z-dn.net/?f=800%2A%20%281%2B%200.07%29%5E%7B5%7D%20%3D%20Ammount)
1,122.041358
![\frac{856}{(1 + 0.07)^{1} } = 800](https://tex.z-dn.net/?f=%5Cfrac%7B856%7D%7B%281%20%2B%200.07%29%5E%7B1%7D%20%7D%20%3D%20800)
![\frac{1,122.04}{(1 + 0.07)^{5} } = 800](https://tex.z-dn.net/?f=%5Cfrac%7B1%2C122.04%7D%7B%281%20%2B%200.07%29%5E%7B5%7D%20%7D%20%3D%20800)
Answer:
irrelevant is the correct answer.
Explanation: