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bearhunter [10]
3 years ago
7

Common stock with a total par value of $50,000 (par value of $0.50 per share) have been issued, and 5,000 shares of treasury sto

ck with a total cost of $25,000 have been repurchased. How many total shares are outstanding
Business
1 answer:
Wittaler [7]3 years ago
4 0

Answer: 95000 shares

Explanation:

The total shares that are outstanding will be calculated as the difference between the total shares issued and the treasury Share purchased.

The number of shares issued will be calculated as:

= 50000/0.50

= 100000 Shares

Therefore, the total shares that are outstanding will be:

= 100000 shares - 5000 shares

= 95000 shares

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The United Kingdom experienced average annual real GDP per capita growth of 2.3% between 1982 and 2009. Which of the following h
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Answer:

False, it is not true that France had the highest level of real GDP per capita in 2019. There were other economies which performed better than France.

The correct option is Privatization of previously nationalized industries because Privatization of nationalized bank contributed to UK's growth.

Explanation:

4 0
3 years ago
During fiscal 2016, mattel had sales of $5,456,650, total expenses of $5,138,628 and gross profit of $2,554,391. What was mattel
liberstina [14]

Calculation of Cost of Sales for Mattel for the year 2016:


It is given that Mattel had sales of $5,456,650, and gross profit of $5,456,650for the year 2016. The cost of sales can be calculated with the help of following formula:

Cost of Sales = Sales – Gross Profit

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Hence the Cost of Sales is 2,902,259 ($ in thousands).





4 0
3 years ago
Which of the following statements is true of control? Control through rules, procedures, and budgets is generally not very costl
Roman55 [17]

Answer:

The second one

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Control through rules and budgets can lead to rigidity and loss of creativity in an organization in a way that it limits change. When all available funds are allocated to specific operational budgets, it may be impossible to procure additional funds, when an opportunity arises elsewhere. Some organizations are therefore working in a way to back their budgeting systems.

3 0
3 years ago
First Financial Auto Loan Department wishes to know the payment required at the first of each month on a $10,500, 48-month, 11%
julia-pushkina [17]

Answer:

First Financial would divide the $10,500 loan by the present value of annuity due of 1.

The correct answer is C

Explanation:

Present value of annuity formula is used for determining the amount                   of loan payment. Since the payments will be made at the beginning of each month, we will apply the formula for present value of annuity due. In order to determine the amount of monthly payment, we will divide the principal by the present value of annuity due of 1.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

7 0
3 years ago
Soon after Jeff was hired as a company accountant, his company developed corporate programs to help improve self-confidence and
krek1111 [17]

Answer:

True (early 1980s)

Explanation:

5 0
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