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
Marat540 [252]
3 years ago
10

Marvin Corporation has the following information reported on the balance sheet as of December 31, 2017 Common Stock, $10 par val

ue (authornized 20,000 shares) $90,000 Treasury Stock (6,000 shares) $30,000 Based on the information above, how many shares of common stock are outstanding? O A. 9,000. B. 6,000. O C. 3,000 O D. 60,000 Click to select your answer O Type here to search
Business
1 answer:
SCORPION-xisa [38]3 years ago
3 0

Answer:

  • How many shares of common stock are outstanding?

C. 3,000

Explanation:

Treasury stock, are those that the company repurchase from the market and keep it in the company, in this case the company keep the shares in the accounting and the shares could be reissued in the future.

The company issued 9,000 shares, it is reflected in the Common Stock account,  $90.000 / $10 = 9,000.

Then in the Treasury Stock account are registered the shares that the company repurchases from the market, these are, 6,000 shares.

Finally the total Common Shares outstanding are 3,000.

You might be interested in
Joan Wilder receives a phone call from a salesman who tries to sell her an insurance policy by scaring her about her high risk o
NikAS [45]

Answer:

cancer insurance policy

Explanation:

Based on the information provided within the question it can be said that the type of insurance policy that the salesman tried to sell was a cancer insurance policy. This is a type of policy that is meant to manage the risks that are related the any cancer disease, and helps lower the costs associated with the treatments needed for treating this disease. Unfortunately these types of policies have an extremely low value which is why Joan declined.

7 0
3 years ago
One of the themes that came out of the survey responses is that employees take their responsibility of serving fresh, hot food q
Orlov [11]

Answer:

d. Improve task significance.

Explanation:

Job characteristics theory has to do with work designs aimed at enriching jobs of employees in the workplace.

Five core job characteristics are considered: task identity, skill variety, task significance, autonomy, and feedback.

These job characteristics affects 5 work related outcomes: satisfaction, motivation, absenteeism, turnover, and performance.

In the given instance where employees take their task of serving customers very seriously but feel like the work they do is very important, there is a need for improvement of task significance.

This can be done through regular sensitisation training on the impact their services are having on the profit base of the company and also on customer satisfaction.

With the knowledge that their efforts are making a difference they will feel more satisfaction from their work.

6 0
2 years ago
The sum of the fixed and variable production costs is a company’s
elena-s [515]
<h2>Hello!</h2>

The answer is: d. total costs

<h2>Why?</h2>

The total costs are the sum of all the costs needed to produce a good or a service. It includes both fixed and variable production costs to show us the measure of a total cost.

We can calculate the total costs using the following formula:

TotalCosts(TC)=FixedCosts(FC)+VariableCosts(VC)

Fixed costs are all the constant costs. Fixed costs can be the salary of its workers (since they are based in hours worked), structure and good/actives insurance, taxes among others.

Variable costs are all the costs that can change thru the time, depending on the production volume. For example, if the production increases, the variable costs will increase too, also, if the production decreases, the variable costs will decrease too.

Have a nice day!

6 0
3 years ago
Economic analysis is used only by policy makers to make policy decisions. only by business people to raise profits. only by inst
Free_Kalibri [48]

Answer:

The correct answer is: in all decision making.

Explanation:

Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.  

Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.

5 0
2 years ago
Stiller Company, an 80% owned subsidiary of Leo Company, purchased land from Leo on March 1, 2017 for $75,000. The land original
Ierofanga [76]

Answer:

$15,000

Explanation:

In leo company books, the gain recognized would be $75,000 - $60,000 = $15,000 as they are selling the land $15,000 more than it initially cost them

7 0
2 years ago
Other questions:
  • When i was fifteen, i asked my mom if i could go visit my cousin, who lived across the country. "if you can [wol] up enough baby
    8·2 answers
  • You are opening up a brand new retail strip mall. You presently have more potential retail outlets wanting to locate in your mal
    6·1 answer
  • A magician's goal is to get the audience to focus on one aspect of his demonstration while he manipulates another. this is easy
    9·1 answer
  • The hidden-cost fallacy occurs when a. ​A firm considers irrelevant costs b. ​A firm ignores relevant costs c. ​A firm considers
    8·1 answer
  • At a price of $4 per unit, Gadgets Inc. is willing to supply 20,000 gadgets, while United Gadgets is willing to supply 10,000 ga
    11·1 answer
  • An increase in long-run average costs resulting from decreases in output is attributed to the law of diminishing marginal produc
    12·1 answer
  • Apricot Corporation has decided to buy a new glazing machine for its factory. The machine's cost is $50,000 and the expected inc
    6·1 answer
  • a business intially sells their product to customers for $50. They find that many people are buying their product so they raise
    13·1 answer
  • How to make money to live comfortably
    9·2 answers
  • The federal and most state judicial branches have at least these three levels in the court system:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!