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AleksAgata [21]
3 years ago
8

At December 31, Idaho Company had the following ending account balances:

Business
1 answer:
telo118 [61]3 years ago
5 0

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

<u>Details                                                                         $      </u>

Stockholder's Equity:

Common Stock                                                       525,000

Preferred Stock                                                      500,000

Additional Paid-In Cap. - Common Stock             625,000

Additional Paid-In Cap. - Preferred Stock              50,000

Treasury Stock                                                        (40,000 )

Retained Earnings                                                <u>  250,000  </u>

Balance at December 31                                    <u>   1,910,000  </u>

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Answer:

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Explanation:

The annual payment on the amortized loan can be ascertained using the pmt formula in excel :

=pmt(rate,nper,-pv,fv)

rate is the 9% annual return expected by the uncle

nper is the length of repayment which is 4 years

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Which of the following describe the role of an entrepreneur in a capitalist economic system? (Select 2)
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2 years ago
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So here the option a is correct as it describe the industries in which the company would operates

So the same is to be considered for the first time

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C

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