Business, 01.10.2019 04:10 smithsa10630

Racer corporation's december 31, 2014 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative,40,000 shares authorized; 20,000 shares issued $ 400,000common stock, $10 par value, 4,000,000 shares authorized; 2,600,000 shares issued, 2,560,000 shares outstanding 26,000,000paid-in capital in excess of par value - preferred stock 80,000paid-in capital in excess of par value - common stock 36,000,000retained earnings 10,200,000treasury stock (30,000 shares) 840,000racer declared and paid a $100,000 cash dividend on december 15, 2014. if the company's dividends in arrears prior to that date were $24,000, racer's common stockholders receiveda. $76,000.b. $36,000.c. $44,000.d. no dividend.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 15:00

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii

Answers: 2

Answer

Business, 22.06.2019 19:00

When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.

Answers: 2

Answer

Business, 23.06.2019 05:30

Scientists developed the first successful human cell culture in vitro (grown in a lab) in the 1950s by removing cancer cells from a woman. this concept has allowed modern scientists to successfully grow organs. which of the following answers bestdetermines why there was success? neurons send a signal to the cell to multiply.a large blood supply to the cell allows enough nutrients for growth.cells are the basic unit of life and thus can regenerate if in a controlled environment.cells cannot reproduce on their own, and the scientist manipulates them to grow.

Answers: 1

Answer

Business, 23.06.2019 10:00

Top flight is a commuter airline service that provides short flights to neighboring citles around houston, texas. to determine the quantity of planes it will purchase, top flight needs to examine the for its flights at the prices it intends to charge and at the times it intends to flight. a. supply b. demand c. equilibrium price d. break-even point

Answers: 2

Answer

You know the right answer?

Racer corporation's december 31, 2014 balance sheet showed the following: 8% preferred stock, $20 pa...

Questions