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2 years ago

The total amount of cash and other assets received by a corporation from its stockholders in exchange for its stock is:________

Business

1 answer:

Ipatiy [6.2K]2 years ago

3 0

Answer:

c. Referred to as paid-in capital.

Explanation:

The total amount of cash and other assets received by a corporation from its stockholders in exchange for its stock is referred to as paid-in capital.

i.e. Total of assets should = Total liabilities.

Total of cash and other assets should = Paid in capital

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If a U.S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be

Natalka [10]

Answer:

The rate of exchange for the £ is US$ 4

Explanation:

1. Let's check the information provided to answer the question correctly:

Amount the U.S. citizen want to buy in £ = 25,000

Amount the U.S. citizen will pay in US$ = 100,000

2. Let's calculate the rate of exchange for the British pound £, this way:

Rate of exchange = Amount in US$/Amount in £

Rate of exchange = 100,000/25,000

Rate of exchange = 4 US$ per £

We can also express the rate for the US$, this way:

Rate of exchange = Amount in £/Amount in US$

Rate of exchange =25,000/100,000

Rate of exchange = £ 0.25 per US$

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3 years ago

Which of the following currencies is not/are not a hard currency?* Euro O CHF RMB O CDS GBP Both b and c Both c and d

cestrela7 [59]

Examples of some of the most prominent hard currencies are listed below: The U.S. dollar (USD) The euro (EUR) ... The Australian dollar (AUD)

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2 years ago

A7X Corporation has ending inventory of $701,073 and cost of goods sold for the year just ended was $7,461,613. a. What is the i

tatyana61 [14]

Answer:

(A) Inventory turnover= 10.64 times

(B) Days sales in inventory= 34.30 says

Explanation:

A7X corporation has an ending inventory of $701,073

The cost of goods sold for the year is $7,461,613

(A) The inventory turn over can be calculated as follows

= cost of goods sold/ending inventory

= 7,461,613/701,073

= 10.64 times

(B) The day sales in inventory can be calculated as follows

= 365/inventory turnover

= 365/10.64

= 34.30 days

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3 years ago

Managing Financial Information Project: Analyzing Consumer Protections Active

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Answer:

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Explanation:

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2 years ago

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2 years ago

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