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Eva8 [605]
3 years ago
5

The financial statements for Highland Corporation included the following selected information:

Business
1 answer:
ICE Princess25 [194]3 years ago
4 0

Answer:

a. Additional paid-in capital:

= Amount received from shares issued - Common stock

= (33 per share * 93,000) - 465,000

= $2,604,000

b. Beginning retained earnings:

Ending retained earnings = Beginning retained earnings + Net income - Dividend

830,000 = Beginning retained earnings + 1,120,000 - 720,000

Beginning retained earnings = 830,000 - 1,120,000 + 720,000

= $430,000

c. Treasury stock:

= Shares issued - Shares outstanding

= 93,000 - 65,000

= 28,000 shares

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E. overcoming reservations

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Which of the following factors will cause the​ long-run aggregate supply curve to shift to the​ right?
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D.All of the above
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After achieving a result, good managers invest time in reflecting on what went well and what could have gone better. They consid
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3 years ago
What time peropd allows an insured's life insurance policy to remain in force even if the premium was not paid on tje due dates?
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<h3>What is grace period?</h3>

A life insurance policy won't lapse during the grace period even though a payment is past due after a missed insurance premium is due. Every state in the US requires the grace period, a highly helpful provision, to be included in every life insurance policy. Depending on the rules of each state, the minimum grace period is from 28 to 31 days; however, some businesses may grant extended grace periods.

When the required number of days have gone, the grace period formally ends at the close of business on the day the missing premium payment is due. The grace period in a whole life, universal life, or variable universal life policy would only be applicable if the premium payment was past due and there was no cash value left in the policy. It is unlikely that a policy will enter "grace period status" if a premium payment is missed if cash value is still present as long as it may be utilised to pay the premium or at the very least draw a loan to pay the premium.

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7 0
2 years ago
A small pizza restaurant, founded and owned by the Martinelli sisters, would be expected to have which of the following? a.Low i
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