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Vilka [71]
3 years ago
11

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were origina

lly issued and 5,000 were subsequently reacquired. What is the number of shares outstanding?
Business
1 answer:
ruslelena [56]3 years ago
3 0

Answer:

55,000 shares

Explanation:

Given that

60000 shares were originally given

5000 were subsequently reacquired

Thus. Net number of shares issued

= number of shares originally issued - number subsequently reacquired

= 60000 - 5000

= 55,000

Number of outstanding shares therefore is 55,000.

NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.

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For smaller income-producing properties, appraisers may use the ratio of a property's selling price to its effective gross incom
Wittaler [7]

Answer:

The correct answer is gross income multiplier.

Explanation:

Gross income multiplier is the figure used as a multiplier of the annual gross income of a property to produce an estimate of the value of the property. Number used to estimate the Value of a Property. Gross property income is multiplied by this figure.

7 0
3 years ago
The projections for a new project show sales of 8,500 units, give or take 5 percent. The expected variable cost per unit is $28.
vitfil [10]

Answer:

$56,950

Explanation:

We will calculate the operating cash flow as follow;

OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)

= {[$224,230] - $170,000} × 0.65 + ($21,700)

= $35,249.5 + $21,700

= $56,950

Therefore, the operating cash flow is $56,950

8 0
3 years ago
Evergreen Corporation has two major​ divisions: Agricultural Products and Industrial Products. It provides the following informa
olya-2409 [2.1K]

Answer:

= 12.5%

Explanation:

<em>Profit margin ration is the the percentage of sales that a business earns as profit. In the context of a division, the higher the figure, the better and  the more profitable the operation of the division. The profit margin ratio is computed as follows:</em>

Profit margin ratio =  Net operating profit/ Sales× 100

Industrial profit margin ratio

Net operating margin - 218,000

Net Sales - 1,750,000

Profit margin ratio

= 218,000/1,750,000  × 100

= 12.5%

3 0
3 years ago
Read 2 more answers
United States Steel Corporation’s (X) 7.5% bonds due in 2022 were reported as selling for 103.2.
kirill [66]

Answer:

because they are able to create it at a lower price

Explanation:

4 0
3 years ago
What is it meant by economies of scale?
joja [24]
Economies of scale refers to the cost advantage that emerges or become visible with higher or improved output of a product. There is an inverse relationship between the quantity proposed and per unit fixed costs therefore, if the product or good is produced in large or high quanity the per unit fixed cost goes down because it can already be shared with other large number of goods. There are two types of economics of sale, the internal and of course the external.
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3 years ago
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