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topjm [15]
3 years ago
9

For a recent 2-year period, the balance sheet of Blue Company showed the following stockholders’ equity data at December 31 (in

millions). 2020 2019 Additional paid-in capital $ 970 $ 827 Common stock 560 555 Retained earnings 7,250 5,280 Treasury stock 1,620 868 Total stockholders’ equity $7,160 $5,794 Common stock shares issued 224 222 Common stock shares authorized 500 500 Treasury stock shares 36 28 (a) Answer the following questions. (1) What is the par value of the common stock? (Round par value to 2 decimal places, e.g. $3.15.) Par value of common stock $enter the par value of the common stock rounded to 2 decimal places
Business
1 answer:
Misha Larkins [42]3 years ago
7 0

Answer:

Par value of common stock is $2.5

Explanation:

The par value of common stock can determined by dividing the common stock total amount in each of the two years by the shares issued and outstanding in each year as demonstrated below:

2019:

Par value of common stock =Common stock($)/shares issued

common stock($) is $555 million

shares issued and outstanding is 222 million shares

par value of common stock=$555 million/222 million=$2.5

2020:

Par value of common stock =Common stock($)/shares issued

common stock($) is $560 million

shares issued and outstanding is 224 million shares

par value of common stock=$560 million/224 million=$2.5

Ultimately the par value of common stock as shown be computations for both years is $2.5

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Differences between productive and service orientated profession​
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Answer:

ASAP what how and why and who and me

Explanation:

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3 0
3 years ago
Agatha's Inc. is about to introduce a new product in the market, but is not sure as to how it should price the product. The comp
krek1111 [17]

Answer and Explanation:

There are two main pricing objective and strategy i.e competitive pricing and penetrative pricing which are explained below:

1. Competitive pricing :

In this Agatha's Inc, all five rivals should evaluate pricing models for a related kind of product. If your product has a little more value added than your collegaues, then you can establish a target price target that is higher than the competitors.  

Now to do that, it's necessary to send the customer a message that they're purchasing value for a price.

2. Penetrative pricing :

When the target price is set on the basis of the competitive pricing model , it is important to obtain the product favourably from the consumer and to do so you can start selling a little lower than the target price and sell the goods as a discount or promotional deal.

If the initial sales are strong and buyers like the product then return the product to target pricing and do intensive marketing to sell the message that the product 's cost is a bargain for the value provided by the company.

The mixture of the above two pricing strategies would ensure a better positioning of Agatha's Inc product with better profitability.

3 0
3 years ago
Chinese immigrants utilized the minority group response of __________ when they formed chinatowns.
poizon [28]
<span>Chinese immigrants utilized the minority group response of segregation when they formed Chinatowns.

At that point, the Chinese </span>immigrants<span> were paid lower compensation than white specialists, who at that point reprimanded Chinese workers for pushing down pay and taking endlessly employments. After the railroad was finished and white workers in different ventures started to fear for their occupations, hostile to Chinese assaults expanded, including beatings, fire related crime, and murder.
</span>
4 0
3 years ago
The beginning balance in the​ Lopez, Capital account of a company was $ 13 comma 000. The revenues and expenses were $ 220 comma
blondinia [14]

Answer:

a. True

Explanation:

The capital account of a soul proprietor is similar to the equity account of a company. It shows  how much the business owes the owner.

This includes the amount invested and net income over the years posted as part of the retained earnings.

Net income is the difference between the total revenue and total expenses.

Net income = $220,000 - $150,000

= $70,000

Net balance in capital account = $13,000 + $70,000

= $83,000

4 0
3 years ago
During the current year, the company had the following summarized activities:
scoray [572]

Answer:

D

Explanation:

4 0
3 years ago
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