Business, 25.02.2020 20:41 emilylunaa
Renfro Corporation started business in 2008 by issuing 200,000 shares of $20 par common stock for $36 each. In 2014, 20,000 of these shares were purchased for $52 per share by Renfro Corporation and held as treasury stock. On June 15, 2016, these 20,000 shares were exchanged for a piece of property that had an assessed value of $810,000. Renfro’s stock is actively traded and had a market price of $60 on June 15, 2016. The cost method is used to account for treasury stock. The amount of paid-in capital from treasury stock transactions resulting from the above events would be:A. $160,000B. $390,000C. $480,000D. $800,000E. None of the above
Answers: 2
Business, 21.06.2019 23:30, probablyacommunist
Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?
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Business, 22.06.2019 07:20, amcdonald009
Suppose that real interest rates increase across europe. this development will u. s. net capital outflow at all u. s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.
Answers: 1
Business, 22.06.2019 10:20, Sparkledog
Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.
Answers: 1
Renfro Corporation started business in 2008 by issuing 200,000 shares of $20 par common stock for $3...
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