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svetoff [14.1K]
3 years ago
15

Raphael Corporation’s common stock is currently selling on a stock exchange at $157 per share, and its current balance sheet sho

ws the following stockholders’ equity section: Preferred stock—5% cumulative, $___ par value, 1,000 shares authorized, issued, and outstanding $ 85,000 Common stock—$___ par value, 4,000 shares authorized, issued, and outstanding 140,000 Retained earnings 350,000 Total stockholders’ equity $ 575,000 2. What are the par values of the corporation's preferred stock and its common stock?
Business
1 answer:
IRINA_888 [86]3 years ago
7 0

Answer:

$85 per share and $35 per share

Explanation:

According to the scenario, computation of the given data are as follow:-

We can calculate the par of shares by using following formula:-

Corporation’s Preferred Stock‘s Par Value is

= Preferred Equity ÷ No. of Preferred Outstanding Shares  

= $85,000 ÷ 1,000

= $85 per share

Corporation’s Common Stock‘s Par Value is

= Common Equity ÷ No. of Common Outstanding Shares  

= $140,000 ÷ 4,000

= $35 per share

 

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2 years ago
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Every few months for the past six years, Camille has ordered between $1,000 and $1,250 worth of crickets from Khan's Crickets, d
FrozenT [24]

The result of this mistake on the order form is that Khan's Crickets should verify from Camille the actual order amount intended.

We may factor in the fact that the number of crickets will show the correct quantity that Camille requires, then Khan should supply only the quantity on the order form and request for a corrected or revised order form from Camille.

Thus, the result is that Khan's Crickets will still supply crickets with an invoice worth $1,000, not adhering to the mistaken total sum.

Related link for similar mistake on order form at brainly.com/question/17251413

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2 years ago
After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by ___
elixir [45]

After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.

<h3>What is global market?</h3>

Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.

It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.

Examples of global markets are :

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Hence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.

Learn more about global market here : brainly.com/question/20860719

6 0
2 years ago
Lopez Corporation incurred the following costs while manufacturing its product.
aev [14]

Answer:

a. $352,200

b. $372,100

Explanation:

The cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200

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Cost of goods sold

<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>

Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900

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2 years ago
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Gennadij [26K]

Answer:

Medical insurance

Life Insurance

Retirement Plans

Disability Insurance

Explanation:

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