Answer:
$1,050
Explanation:
The owners of a corporation are the shareholders of the company. The primary goal of the corporate management team is to maximize the shareholder wealth by maximizing the company stock price over the long run
The computation of the total wealth is shown below:
= Number of shares bought × current stock price
= 35 shares × $30
= $1,050
This is the answer but the same is not provided in the given options
Answer:
Corporate espionage.
Explanation:
Corporate espionage is the act of utilizing espionage techniques for business or financial purposes. We normally consider "espionage" regarding spies taking a shot at benefit of one government attempting to get data about another.
Answer:
the amount that the company have to borrow is $160,000
Explanation:
The computation of the amount that the company have to borrow is given below:
= Minimum cash balance at end of the month - (beginning cahs balance + cash receipts - cash disbursement)
= $400000 - $(480000+304000-544000)
= $160,000
hence, the amount that the company have to borrow is $160,000
Answer:
Following are the journal entries to this question:
Explanation:
Date account title Dr. Cr.
Mar.2 Incorporation expense
Common Stock (Par value
)
Paid in excess of par- Common Stock
(Bein 5000 common shares Of par value
each issued )
June. 12 Cash
Common Stock (Par value
)
Paid in excess of par- common stock
(Being 63400 common shares of par value
each issued for
cash)
July-11 cash
Preferred Stock (Par value
)
Paid in excess of par- Preferred stock
(Being 2175 Prefered shares of par value
each issued for
each)
Nov. 28 Treasury Stock
cash
(Purchased 2,350 shares of treasury stock for
).
...lower the amount of products they create.