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
Olin [163]
3 years ago
7

McKean Corporation authorized 500,000 shares of common stock in its articles of incorporation. On May 1, 2019, 100,000 shares we

re sold to the company's founders. However, on October 15, 2019, McKean repurchased 20,000 shares to settle a dispute among the founders. At this date, how many shares were issued and outstanding, respectively?
Business
1 answer:
Solnce55 [7]3 years ago
6 0

Answer:

100,000 shares and 80,000 shares

Explanation:

Calculation to determine how many shares were issued and outstanding, respectively

The shares that were issued will be 100,000 shares that were sold to the company's founders while the shares outstanding will be 80,000 shares Calculated as :

Shares outstanding=Shares issued -Shares repurchased

Shares outstanding=100,000 shares-80,000 shares

Shares outstanding =80,000 shares

Therefore the Number of shares that were issued and outstanding, respectively are:100,000 shares and 80,000 shares

You might be interested in
According to research in the area of entrepreneurship, it is more likely that an entrepreneur will get a new business idea throu
chubhunter [2.5K]

Answer:

Weak-tie

Explanation:

According to research in the area of entrepreneurship, it is more likely that an entrepreneur will get a new business idea through a Weak-tie relationship.

Weak-tie relationship are the relationship with acquantiance that it give more favor than from someone, whom we know already. Social networking is the perfect examples in these days to build those relationship and it bridges that gap. These weak-tie help in getting new business and explore new area, which help to grow. It also add sense of belongingness to the community, when we have more weak-ties.

8 0
3 years ago
WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for t
Savatey [412]

Answer:

WP Corporation

Which of the products should be processed beyond the split-off point? Product X Product Y Product Z

B) yes no yes

Explanation:

a) Data and Calculations:

Budgeted data for the next month:

products                                                           X             Y              Z

Units produced                                              2,400      2,900       3,900

Per unit sales value at split-off                   $ 21.00   $ 24.00   $ 24.00

Added processing costs per unit                $ 3.00     $ 5.00     $ 5.00

Per unit sales value if processed further $ 25.00  $ 25.00    $ 30.00

Added profit after further processing        $ 1.00    ($4.00)      $ 1.00

Further processing of the products X, Y, and Z will yield further or added profit of $1.00 from products X and Z, but a loss of $4 from product Y.  Therefore, product Y should not be processed further, unless its cost structure is such that there is a more than $4 profit to be generated and its further processing is necessary for the other two to be sold, that is if the three products must be sold jointly.  In such a case, management could take further analysis to reduce the cost for consumers.

7 0
3 years ago
MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are
Marina CMI [18]

Answer:

Cascade down.

Explanation:

MBO means Management by Objectives.

Is a program that encompasses:

-specifict goals

-participatetively set

-for an explicit time period

-with feedback on goal progress

MBO operationalizes the concept of objectives by devising a process by which objectives cascade down through the organization.

The result is a hierarchy of objectives that links objectives at one level to those at the next level.

For individual employee, MBO provides specific personal performance objectives.

The cascade down of objectives is:

1 Overall organizational objectives

2 Divisional objectives

3 Departamental objectives

4 Individual objectives

4 0
3 years ago
The management of an SBU is addressing the issue of whether through investment and a new
White raven [17]

Using a market development investment-driven strategy, the SBU (Strategic Business Unit) that can be transformed into a star is a question mark SBU.

The characteristics of a question mark SBU are:

  • high growth prospects
  • low market share
  • consumes a lot of cash
  • generates little returns
  • loses money

For the transformation of a question mark SBU, more investments and new strategies have to be brought in.

Thus, a question mark SBU has the highest potential to turn into a star if the market growth is high.

Read more about the BCG growth share matrix at brainly.com

7 0
3 years ago
Instructing your broker to buy or sell a stock at a particular price is a:
Liula [17]
Trading or Marketing guides/instructions
5 0
3 years ago
Other questions:
  • A researcher is studying the effectiveness of two different resident adolescent drug treatment programs. Program A is used at Su
    15·1 answer
  • How has globalization contributed to the need for diversity awareness in our organizations?
    13·1 answer
  • If a worker can produce 20 units of output which can be sold for $4 per unit, what is the maximum wage that firm should pay to h
    5·1 answer
  • A municipal bond carries a coupon rate of 8.00% and is trading at par. What would be the equivalent taxable yield of this bond t
    9·1 answer
  • Tara paid​ one-half of her​ game-show winnings to the government for taxes. She invested​ one-third of her winnings in​ Jeff''s
    12·1 answer
  • Which best describes the pathway of each individual
    9·2 answers
  • Your proforma income statement shows sales of $1,033,000, cost of goods sold as $503,000, depreciation expense of $103,000, and
    10·1 answer
  • In Word Online, misspelled words are underlined in __________ . (2 points)
    15·2 answers
  • On December 1, Watson Enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with Erikson Co
    13·1 answer
  • Michael Corporation manufactures railroad cars, which is its only product. The standards for the railroad cars are as follows:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!