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
GaryK [48]
3 years ago
8

A company issued 30 shares of $.50 par value common stock for $12,000. The credit to additional paid-in capital would be _______

_.
A. $1.985.
B. $12,000.
C. $15.
D. $10,150.
Business
1 answer:
damaskus [11]3 years ago
4 0

Answer: $11,985

Explanation:

The credit to the Additional paid-in capital is the excess over the pa value of the stock that was sold. The formula is therefore:

Additional paid-in capital = Cash stock was sold for - Par value of stock

Par value of stock = 30 shares * 0.50

= $15.00

Additional paid-in capital = 12,000 - 15

= $11,985

You might be interested in
Consider the following set of numbers:
zhenek [66]

Answer:

7/10

Explanation:

Given the following set of numbers:  {1, 2, 3, 4, 5, 6, 7, 8, 9, 10}

There are 5 even outcomes: {2, 4, 6, 8, 10}

There are 3 multiples of 3: {3, 6, 9}.

Combining these lists we get 7 desired outcomes: {2, 3, 4, 6, 8, 9, 10}

Therefore, the probability of drawing an even number or a  multiple of 3 is: (desired outcomes)/(total outcomes) = 7/10

3 0
3 years ago
Most corporations measure the value of a project in terms of which of the following?
MrRissso [65]

Answer:

D) Present Value (PV)

Explanation:

To measure the value of a project, firms calculate the Net Present Value (NPV) of the project. In a net present value analysis a firm forecasts the future cash flows, discounts the cash flows using a discount factor and then net the discounted cash flows A project is usually undertaken if the the NPV of the project is positive and is not undertaken is the NPV is negative.

6 0
4 years ago
Why is understanding the relationship between the cash conversion cycle (CCC) and net working capital important to the contempor
murzikaleks [220]

Answer: To understand how businesses need money and how they can sustain themselves for a period of time to fund bills and still operate

Explanation:

Understanding the relationship between cash conversation cycle and contemporary business executive aims at knowing the business needs funds to operate and building strategic alliances, make money and propose ideas that will sustain and elevate it's strength for some time. Money is vital in running business operations, as organizations will foot bills and do some expenditure and sought out ways to earn more business.

8 0
3 years ago
Suppose a basket of goods and services has been selected to calculate the consumer price index. In 2005, the basket of goods cos
scZoUnD [109]

Answer:

Correct option is C.

If the CPI is 156.25 in 2007, then 2005 is the base year.

Explanation:

The CPI js given by the formula:

Current year prices/base year prices x 100

Given the values in years 2005,2006 and 2007, of all the given options, option (c) if the CPI is 156.25 in 2007, then 2005 is the base year is corrrect. This is because calculating CPI for 2007 using the above formula and 2005 as base year gives us CPI as 156.25.

5 0
3 years ago
What type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, w
BARSIC [14]

Personal finance is a term that covers your money management as well as saving and investing. These contain the budget, banking, insurance, mortgage, investments and retirement, tax, and estate planning. The term often directs to the entire industry that delivers financial services to people and homes and recommends financial and investment options.

Personal dreams and wishes - and plan to fulfill those essentials in your financial obstacle - also influence how you get the above. In order to use your earnings and savings most, it is necessary to be economical. Personal finance helps you learn the difference between good and bad suggestions and make intelligent financial conclusions.

Learn more about Personal finance:

brainly.com/question/28066148

#SPJ4

3 0
1 year ago
Other questions:
  • Of the people described below, who would be counted as unemployed? Choose one or more: A. a full-time college student who plans
    9·1 answer
  • Consider the different characteristics of the aggregate demand curve the statements below, determine which curve is being descri
    7·1 answer
  • Presented below are selected account balances for Sunland Co. as of December 31, 2020. Inventory 12/31/20 $59,550 Cost of Goods
    10·1 answer
  • Jillian runs a small printing business. She spends $2000 / month on ink, $30,000 a year on rent for the building, and $60,000 a
    14·1 answer
  • Shifty borrowed $10,000 from Easy. When Easy tried to collect the debt, she discovered that Shifty had moved to another state. E
    13·2 answers
  • In 2011 modern electronics produce 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 2012, the s
    12·1 answer
  • Click this link to view O*NET’s Work Context section for Human Resources Managers. Note that common contexts are listed toward t
    15·2 answers
  • Mabbe Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A i
    8·1 answer
  • Which of the following is not a way of creating agency in California?
    12·1 answer
  • Which of the following accounts is an equity?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!