Business, 17.07.2019 06:10 Bg88860709
Roberto corporation was organized on january 1, 2018. the firm was authorized to issue 96,000 shares of $5 par common stock. during 2018, roberto had the following transactions relating to shareholders' equity: issued 10,700 shares of common stock at $5.60 per share. issued 19,900 shares of common stock at $9.80 per share. reported a net income of $92,000. paid dividends of $50,000. purchased 3,500 shares of treasury stock at $11.80 (part of the 19,900 shares issued at $9.80). what is total shareholders' equity at the end of 2018?
Answers: 1
Business, 22.06.2019 05:00
You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: âiâm not a u.s. company and i donât make decisions based on whatâs good for the u.s.â what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 2
Business, 22.06.2019 08:30
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
Answers: 1
Business, 22.06.2019 15:10
Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpyâs production and productivity are greater than popeyeâs. b.popeyeâs production is greater than wimpyâs, but his productivity is less. c.wimpyâs production is greater than popeyeâs, but his productivity is less. d.popeyeâs production and productivity are greater than wimpyâs.
Answers: 3
Roberto corporation was organized on january 1, 2018. the firm was authorized to issue 96,000 shares...
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