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IRINA_888 [86]
3 years ago
5

The following data is available for Box Corporation: Common stock, par $10 (authorized 30,000 shares) $250,000 Treasury stock (a

t cost $15 per share) $1,200 Based on the data, how many shares of common stock are outstanding?
Business
1 answer:
zubka84 [21]3 years ago
3 0

Answer:

The shares of common stock are outstanding are 24,920 shares .

Explanation:

Outstanding shares

= Shares issued - Shares held as Treasury Stock shares

= $250000/$10 par - $1200/$15

= 25000 shares  - 80 shares

= 24,920 shares

Therefore, The shares of common stock are outstanding are 24,920 shares .

You might be interested in
Companies that provide employee support through ethical training programs (as opposed to companies that provide no training) gen
kati45 [8]

Answer:

True

Explanation:

As the ethics form the basic working nature for any organization, this results in representing the moral values of an organization.

This clearly depicts that the organization is represented through its employees and if employees are properly trained for the ethical behavior, this will definitely positively impact on the organization, also, the organization which do not provide any training for such the results are not that effective, as the ethics are not followed properly and ethics are not defined.

8 0
4 years ago
The term "additional funds needed (AFN)" is generally defined as follows:
Ganezh [65]

Answer: Option D

                   

Explanation: In simple words, additional funds refers to the funds that a company needs for financing a specific project or other such purposes. These funds are usually procured when there are no internal funds left in the company like retained earnings etc.

Thus, these funds are procured from external sources like issuing debt securities or by offering additional equity etc.

6 0
4 years ago
In its December 31 balance sheet, Butler Co. reported trade accounts receivable of $250,000 and related allowance for uncollecti
frosja888 [35]

Answer:

$230,000

Explanation:

Given:

Trade accounts receivable = $250,000

Uncollected accounts = $20,000

Computation:

Total Amount Of Risk = (Trade Account receivable - Uncollected Accounts)

=( $250,000 - $20,000)

= $230,000

No , Any financial loss danger off-balance sheet resulting from registered accounts or receivable notices not include in it.

6 0
3 years ago
Hardware is adding a new product line that will require an investment of $ 1 comma 476 comma 000. Managers estimate that this in
OleMash [197]

Answer:

42,51%

Explanation:

Accounting Rate of Return (ARR) = Average Profits / Average Investment

Calculation of Average Profits

Average Profit = Sum of Profits / Number of Years

                        = (300,000+290,000+240,000×8)/10

                        = $2,510,000 / 8

                        = $313,750

Calculation of Average Investment

Average Investment = Initial Investment + Scrape Value / 2

                                  = $1,476,000/2

                                  = $738,000

Accounting Rate of Return (ARR) = $313,750/$738,000×100

                                                      = 42,51%

5 0
3 years ago
In each of the following situations, what type of unemployment is Melanie facing? Explain.a. After completing a complex programm
arlik [135]

Answer:

A. Frictional Unemployment

B. Structural Unemployment

C. Cyclical Unemployment

Explanation:

A. Frictional Unemployment refers to people moving between jobs which is the case for the first scenario

B. Structural Unemployment is a type of unemployment when structure of the economy changes and outsourcing also comes under this

C. Cyclical Unemployment is caused by the movements of business cycle people are laid off when economy is facing recession i.e decrease in investment.

7 0
3 years ago
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