subject
Business, 17.07.2020 01:01 swaggaming941

Barney Corporation recognized a $100 million preferred stock balance on 12/31/2019. On January 1, 2020, Barney issued $10 million in preferred dividends.

On the same date, Barney raised an additional $20 million via a new issuance of preferred stock.

On December 31, 2020, the market value of the original amount of preferred shares rose $5 million.

Under US GAAP, the 12/31/2020 year ending preferred stock balance is:.

A. $110m

B. $115m

C. $120m

D. $125m

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 12:30
Read about wanda’s complaint to the fdic. what action did the regulator most likely take in this case? the fdic found out that a company misreported information to a credit scoring company about wanda. wanda contacted the company and asked them to fix the problem. the company refused to talk about it and referred her back to the credit company. the fdic declares the company has violated the .
Answers: 1
question
Business, 21.06.2019 20:50
What is the best definition of a conclusion?
Answers: 1
question
Business, 22.06.2019 19:20
Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.
Answers: 1
question
Business, 22.06.2019 19:40
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
You know the right answer?
Barney Corporation recognized a $100 million preferred stock balance on 12/31/2019. On January 1, 2...
Questions
question
Mathematics, 08.03.2021 04:00
question
Mathematics, 08.03.2021 04:00
Questions on the website: 13722367