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
Maslowich
3 years ago
11

The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders’ equity 12/31/20

18 12/31/2017 Common stock, $5 par; 32 million shares authorized; 27 million shares issued and 21 million shares outstanding at 12/31/2018; and ____million shares issued and ____shares outstanding at 12/31/2017. $ 135 million $ 105 million Additional paid-in capital on common stock 519 million 391 million Retained earnings 196 million 156 million Treasury common stock, at cost, 6 million shares at 12/31/2018 and 4 million shares at 12/31/2017 (71 million) (49 million) Total shareholders’ equity $ 779 million $ 603 million How many of Levi's common shares were outstanding on 12/31/2017? Multiple Choice 26 million. 21 million. 17 million.
Business
1 answer:
salantis [7]3 years ago
6 0

Answer:

17 million

Explanation:

The computation of the outstanding common shares is shown below:

= Number of common shares outstanding - treasury common stock

where,

Number of common shares outstanding = Total value of the common shares ÷ par value of the share

=  $105 million ÷ $5

= 21 million

And, the  treasury common stock is 4 million

Now put these values to the above formula  

So, the value would equal to

= 21 million - 4 million

= 17 million

You might be interested in
Select the correct answer.<br> How is augmented reality used in businesses?
garri49 [273]

Answer:

It uses everyday things, items like iPhones or tablets, sensors and market to find the place of physical items and then suggest where to put virtual objects.

This might be a little off since I'm not very familiar with business stuff, but I hope this helps.

7 0
3 years ago
Compute the dollar amount of working capital that can be reduced at year-end if the ending heel raw material inventory is cut by
erica [24]

Answer:

Note: The full question is attached as picture below

a.                                               No of units Cost per unit   Total Cost

Beginning Inventory      1,200                     $8            $9,600  

Add Purchase                            35,000                  $8            $280,000  

Inventory available for              36,200                  $8             $289,600  

production

Less Inventory transferred to    33,200                 $8             $265,600  

production  (16,600 Pairs*2 Heels)

Ending Inventory                        3,000                  $8             $24,000

b. Working capital will be reduced by: (3,000*$8)/2 = $12,000

4 0
3 years ago
Assume the firm's dividend is $3.44 this year, and that the required rate of return for the firm's industry is 10.2%. The firm's
creativ13 [48]

Answer:

<h2>i hope D is right answer </h2>

Explanation:

<h2> .........7⃣7⃣7⃣7⃣7⃣7⃣</h2>

6 0
3 years ago
3. Ali invested two stocks, A and B. he invested
Stels [109]

Answer:

10%

Explanation:

7 0
3 years ago
Which three statements from the essay illustrate how morris feels about things? choose one answer from each group. type the lett
stira [4]
BET U DOIN THE ENGLISH FINAL TO IM STUCK ON THIS QUESTION
7 0
4 years ago
Read 2 more answers
Other questions:
  • The unemployment rate in an economy is 6 percent. The total population of the economy is 290 million, and the size of the civili
    15·1 answer
  • What experience would least demonstrate to an employer that you have the skills to be an assistant to a newspaper reporter?
    6·1 answer
  • How might a technology company like apple ensure that it behaves in a socially responsible way toward its customers? by protecti
    11·2 answers
  • The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same
    14·2 answers
  • The graph shows a supply curve.
    10·2 answers
  • The manager of a small post office is concerned that the growing township is overloading the one-window service being offered. S
    12·1 answer
  • Blue Firm
    5·1 answer
  • Which financing method would be ideal for funding long term investments?
    12·1 answer
  • I username is BIuebunny165
    8·2 answers
  • 50 POINTS
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!