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OLga [1]
3 years ago
15

Flagler Corporation shows a total of $1,190,000 in its Common Stock account and $1,050,000 in its Paid-in Capital Excess account

. The par value of Flagler's common stock is $7. How many shares of Flagler stock have been issued?
a. 170,000.
b. 150,000.
c. 320,000.
d. It cannot be determined
Business
1 answer:
il63 [147K]3 years ago
5 0
C) 320,000 is the answer. you’re welcome :)
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Answer:

$239,060

Explanation:

The computation of the net income distributed to Carr as follows;

<u> Particulars     Carr      Mason      net income distributed   Non-allocated </u>

Net income                                                                              $442,000

Salary

allowance     $42,000                  $42,000                            $400,000

Interest

on capital     $4,410   $10,290      $14,700                            $385,300

left amount  $192,650 $192,650  $385,300                        $0

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3 years ago
You are the manager of a clothing store. You must decide how many of your employees to put on the sales floor, and how many to p
Fiesta28 [93]

Answer:

c. 60 on the sales floor, 24 on the register.

Explanation:

Given that

The total number of employees to manage is 84

and w assume that the no of employees on the sales floor after having division be x

also the given condition is that there should be minimum of 2 employees for every 5 employees that worked on the sales floor

So that means

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after solving this x = 60

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2 years ago
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3 years ago
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Answer:

the issue price of the bonds is $593,177

Explanation:

The computation of the issue price of the bonds is shown below:

Particulars                  Amount          PV factorat 5%      Present value

Semi-annual interest $28,350              11.68959              $331,400

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hence, the issue price of the bonds is $593,177

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