Answer and Explanation:
The placing of each item would be shown below:
Stockholder's Equity
Paid-in Capital
Capital Stock
8% Preferred stock, $100 par value
Common Stock, $10 stated value
Additional Paid-in Capital
In excess of par value- Preferred stock
In excess of stated Value - Common stock
Total Additional Paid-in Capital
Total Paid-in Capital
Retained Earnings
Total paid-in Capital and Retained Earnings
Less: Treasury Stock- common
Total Stockholder's Equity
Answer:
True
Explanation:
American opportunities tax credit is a form qualified education expenses that is paid to college students in America by the government.
To be qualified for this credit , the student must meet certain criteria such as listed below
- Must be pursuing a degree on other recognized certification
- Be enrolled for at least half time the for at least an academic period beginning on the tax year
- Not have finished the first four years of higher education at the beginning of the tax year.
- It is meant for undergraduate college students and their parent
- Parents can only claim the tax if they paid for the child's education expenses and the student is listed as dependent on their return.
Looking at the listed criteria as above , it is apparent that Anh is eligible for the opportunities tax credit
Answer:
$443,400
Explanation:
The computation of cash flows from investing activities is shown below:-
For computing the cash flows from investing activities we need to find out first the Sale of equipment
= $84,000 - $34,000
= $50,000
Net cash paid by investing activities = Sale of equipment - Purchase of new truck + Sale of land + Sale of Long-term investments
= $50,000 - $109,000 + $410,000 + $94,200
= $443,400
Answer:consumption, investment, government consumption and gross investment, and net exports.
Explanation: