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3 years ago

A _____ is a small piece of ownership in a company

Business

2 answers:

natita [175]3 years ago

6 0

I'm almost certain that the answer is B Stock

Furkat [3]3 years ago

4 0

I believe the answer is B. Stock

hope this helps :)

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At its date of incorporation, Wilson, Inc. issued 100,000 shares of its $10 par common stock at $11 per share. During the curren

Alla [95]

Explanation:

The journal entry to record the re-issuance of the stock is shown below:

Cash A/c Dr $240,000 (20,000 shares × $12)

Retained earnings A/c Dr $80,000

To Treasury stock $320,000

(Being the re-issuance of the stock is recorded)

The computation is shown below:

For treasury stock

= 20,000 shares × ($16 per share - $12 per share)

= $80,000

So as we can see the retained earnings is decreased by $80,000

8 0

2 years ago

Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and t

kirza4 [7]

Given that Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and the average variable cost is $8 at 50 units. this company: is experiencing an economic profit of $40.

6 0

3 years ago

In its recent income statement, a firm reported $25 million of net income, and in its year-end balance sheet, the firm reported

frez [133]

Answer:

The answer is B. $10,000,000

Explanation:

The formula for dividend paid to shareholders is

Beginning Retained Earnings plus net income minus ending retained earnings.

Please refer to the attached for the calculation

5 0

3 years ago

Cooper and Brandy are married and file a joint income tax return with two separate Schedule Cs. Cooper is an independent securit

ser-zykov [4K]

Answer:

Special clothing and uniform involves only the clothes that are required by work specifics. General clothing such as jeans or work shirt does not belong to this category. Also, the laundry for general clothing is also not covered.

Calculations :

Cooper's uniforms during the year = $410

Cooper's laundry expenses for the uniforms = $82 + $62 for altering = $144

Brandy's safety glasses and safety shows when working = $80

Therefore, the total deduction is

= $410 + $144 + $80

= $634

8 0

2 years ago

nformation to help prepare the master budget for the next four months of operations: The budgeted selling price per unit is $125

Kaylis [27]

Answer:

Budgeted sales May= $1,312,500

Explanation:

Giving the following information:

The budgeted selling price per unit is $125.

Budgeted unit sales for April, May, June, and July are 7,600, 10,500, 13,800, and 12,900 units, respectively.

To calculate the budgeted sales, we need to multiply the selling price for the budgeted sales in units for the month.

Budgeted sales May= 125*10,500

Budgeted sales May= $1,312,500

3 0

3 years ago