Goldman inc. was organized on june 1, 2014. it was authorized to issue 500,000 shares of $10 par common stock and 100,000 shares of 4 percent cumulative class a preferred stock. the class a stock had a stated value of $50 per share. the following stock transactions pertain to goldman inc.: 1. issued 40,000 shares of common stock for $16 per share. 2. issued 20,000 shares of the class a preferred stock for $52 per share. 3. issued 60,000 shares of common stock for $20 per share. required prepare the stockholders’ equity section of the balance sheet immediately after these transactions have been recognized.

Suppose that georgiania was a thriving empire in its golden age. business was booming and it was the center of international trade under the leadership of emperor raphael iii. his empire's pride and joy was the trading of green and black tea, and he decreed that their entire economy should be built around it. however, in the mid 1800s, georgiania experienced a severe economic downturn when the other nations of the world created an embargo on tea from georgiania, which led to civil strife due to thousands of workers being laid off. a downward fluctuation in the economy like this is known as a )the correct term is a key component )