subject
Business, 17.03.2020 06:30 SMNS625

Midtown, Inc. had the following transactions in 2018, its first year of operations: bullet Issued 31,000 shares of common stock. Stock has par value of $1.00 per share and was issued at $20.00 per share. bullet Earned net income of $70,000. bullet Paid no dividends. At the end of 2018, what is total stockholders' equity?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 18:00, theflash077
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
image
Business, 22.06.2019 20:20, jennybee12331
Precision aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. what was the firm's roe? a. 15.23%b. 16.03%c. 16.88%d. 17.72%e. 18.60%
Answers: 2
image
Business, 22.06.2019 21:00, gd9075
Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?
Answers: 1
image
Business, 22.06.2019 21:10, kayleerichards666
Acompany has two products: standard and deluxe. the company expects to produce 36,375 standard units and 62,240 deluxe units. it uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. budgeted activity of cost driver activity cost pool budgeted cost standard deluxe activity 1 $ 93,000 2,500 5,250 activity 2 $ 92,000 4,500 5,500 activity 3 $ 87,000 3,000 2,800 what is the overhead cost per unit for the standard units? what is the overhead cost per unit for the deluxe units? (round activity rate and cost per unit answers to 2 decimal places.)activity expected costs expected activity driver activity rate1 93,000 2 92,000 3 87,000 standard activity activity driver activity rate allocated costs1 2 3
Answers: 2
You know the right answer?
Midtown, Inc. had the following transactions in 2018, its first year of operations: bullet Issued 31...

Questions in other subjects: