Business, 09.10.2019 23:30 Worksmarter1703
1. a company reported the following stockholders’ equity on january 1 of the current year: common stock, $10 par, 1,000,000 shares authorized, 250,000 shares issued .. $2,500,000 paid-in capital in excess of par, common 1,260,000 retained earnings 1,675,000 total stockholders’ equity ... $5,435,000 prepare journal entries for the following selected transactions related to this company’s stock during the current year: mar. 1 purchased 10,000 shares of treasury stock for $18 per share. may 5 sold 4,000 shares of treasury stock for $16 per share. oct. 12 sold 2,000 shares of treasury stock for $19 per share.
Answers: 1
Business, 22.06.2019 13:30
Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?
Answers: 3
Business, 22.06.2019 22:40
Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply
Answers: 1
Business, 23.06.2019 00:30
One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.
Answers: 1
1. a company reported the following stockholders’ equity on january 1 of the current year: common s...
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