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katrin2010 [14]
3 years ago
12

he balance sheet for Crutcher Corporation reported 220,000 shares outstanding, 320,000 shares authorized, and 22,000 shares in t

reasury stock. Compute the maximum number of new shares that Crutcher could issue.
Business
1 answer:
mash [69]3 years ago
5 0

Based on the information given the maximum number of new shares that Crutcher could issue is 78,000 shares.

First step is to calculate Issued share using this formula

Issues shares=Outstanding shares + Treasury stock shares

Let p[lug in the formula

Total authorized shares=220,000+22,000

Total authorized shares=242,000 shares

Second step is to calculate the maximum number of new shares using this formula

Maximum number of new shares =Authorized shares- Issued shares

Let plug in the formula

Maximum number of new shares=320,000-242,000

Maximum number of new shares =78,000 shares

Inconclusion the maximum number of new shares that Crutcher could issue is 78,000 shares.

Learn more here:<em>brainly.com/question/18761121</em>

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Research conducted on firms' dividend policies over time support which one of the following conclusions?A. Aggregate dividends a
liberstina [14]

Answer:

The correct option is C.

Explanation:

When the research is taken place or conducted on the dividend of the firm, so this support the conclusion that the managers tend to change or smooth the dividends as the research is conducted in order to find out that the established dividend policy will not affecting the business or firm in any manner and if something affecting then managers could change or smooth the dividends for the benefit of the business.

The Correct option is C.

8 0
3 years ago
a product not on the commerce control list or whose export control classification number does not call for an export license is
Radda [10]

A product not on the Commerce Control List, or whose Export Control Classification Number does not call for an export license, is classified as (E) none of the above.

<h3>What is Commerce Control List?</h3>
  • The Commerce Control List (CCL) is a list of categories and product groupings used to evaluate if a U.S. Department of Commerce export license is required for U.S. exports.
  • The CCL is organized into 10 major categories, each of which is subdivided into five product groupings.
  • If your item is under the jurisdiction of the United States Department of Commerce but is not included on the CCL, it is labeled as EAR99.

As it is given in the description itself, if your item is under the jurisdiction of the United States Department of Commerce but is not included on the CCL, it is labeled as EAR99.

Therefore, a product not on the Commerce Control List, or whose Export Control Classification Number does not call for an export license, is classified as (E) none of the above.

Know more about Commerce here:

brainly.com/question/14227335

#SPJ4

The correct answer is given below:

A product not on the Commerce Control List, or whose Export Control Classification Number does not call for an export license, is classified as

a. NLR.

b. SED.

c. BIS.

d. UCC.

e.  none of the above.

6 0
1 year ago
List at least 5 typical standard or qualtities that contribute to the success of a business.
Alja [10]
1.an unwavering passion 2.also open mindedness 3.the desire to be an expert 4. a forward looking approach 5.a constant flow of ideas
this is 5 typical standard that contribute to the success of a business. hope i helped you out
7 0
4 years ago
The following transactions of Sandy Cruz occurred during 2018​: LOADING...​(Click the icon to view the​ transactions.)
FrozenT [24]

Answer:

1.

April 30

No entry​ required

This is because Cruz​'s attorney is certain it is remote that Cruz will lose this lawsuit.

June 30

DR Warranty Expense $14,400

CR Warranty Liability $14,400

Working = 360,000 * 4%

= $14,400

July 28

DR Warranty Liability $6,400

CR Cash $6,400

September 30

DR Lawsuit Loss A/c $150,000

CR Lawsuit Loss Liability $150,000

December 21

DR Warranty Expense $20,000

DR Warranty Liability $20,000

Workings ( Original question says 4%.)

= 4% * 500,000

= $20,000

2. Balance on Estimated Warranty Liability Account

June 30 14,400

July 28 (6,400) -

Dec 21 20,000 +

= $28,000 Credit

3 0
3 years ago
There are 4 households in a locality. The annual income of the first household $20,000, the annual income of the second househol
mihalych1998 [28]

Answer:

b) The progressive income tax system

Explanation:

The tax is compulsory contribution levied by the authority in a territory on goods, services, income and profit.

Proportional income tax :Income tax is said to be proportional where the same tax rate is paid by all irrespective of their income bracket.

A progressive income tax is that where the tax rate becomes higher for those income earners in  the high income bracket. The tax rates on every dollar earned becomes higher with increase in income.

The regressive income tax is where a lower percentage is paid as tax as the income income increases. Lower rate is paid on additional dollar earned.

The scenario in the question falls under the concept of progressive income tax system

6 0
3 years ago
Read 2 more answers
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