Answer:
26,920
Explanation:
At $10 par value,
Number of authorized shares = 30,000 (given)
Number of issued shares = $270,000/$10 = 27,000 shares
Number of treasury shares = $1,200/$15 = 80 shares
Since Treasury shares do not form part of outstanding shares, they will be deducted from issued shares to obtain outstanding shares
Therefore, number of outstanding shares
= 27,000 - 80
= 26,920 shares
Answer:
b. All rocks in the Earth's crust will, at some point, be subducted and melted to create igneous rock.
Explanation:
There are 3 types of rock:
1. Igneous, wich are formed when 2 tectonic plates collide and magma goes to surface getting cold
2. Sedimentary: when many layers of preexistent rocks produce pressure and heat by weigth melting the rocks.
3. Metamorphic: a new rock is formed by chemical and/or physical reaction over preexistent rocks
Sedimentary and metamorphic would be subducted in order to produce new igneus rocks.
Answer:
8.30%
Explanation:
The weighted average cost of capital of the company is computed using the WACC formula below:
WACC=(We*Ke)+(Wp*Kp)+(Wd*kd)
We=weight of common equity=50%
Ke=cost of retained earnings which is a proxy for the cost of equity=11.50%
Wp=weight of preferred stock=20%
Kp=cost of preferred stock=6.00%
Wd=weight of debt=30%
Kd=after-tax cost of debt=4.50%
WACC=(50%*11.50%)+(20%*6.00%)+(30%*4.50%)
WACC=8.30%
Answer:
<u>Descriptive Research.</u>
Explanation:
Descriptive marketing research aims to observe and discover some market phenomena, so that it is possible to describe, classify and interpret such phenomena, such as what is happening in the market, specifying who, what, where and how.
It is usually carried out through discussions, questionnaires, interviews and specific groups. It serves as a basis for explaining the occurrence of such phenomena encountered.
<span>The FDIC is an entity that provides insurance to personal banking accounts up to $5,000. These assured people that their money was safe and secure. This agency still functions today. It was created in 1933 as part of the </span>Emergency Bank Relief Act which <span>allowed a plan that would close down insolvent banks and reorganize and reopen those banks strong enough to survive</span>
