Business, 06.09.2021 05:50 mpete1234567890
(Figure)Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 500,000 shares of ?100 par value 8% preferred stock. It is also authorized to issue 750,000 shares of ?1 par value common stock. It has issued only 50,000 of the common shares and none of the preferred shares. In its sixth year, the corporation has the following transactions:
Mar. 1
Declares a cash dividend of ?2 per share
Mar. 30
Pays the cash dividend
Jul. 10
Declares a 5% stock dividend when the stock is trading at ?15 per share
Aug. 5
Issues the stock dividend
Journalize these transactions.
Answers: 1
Business, 21.06.2019 15:20, charityclark3935
Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. if the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?
Answers: 1
Business, 21.06.2019 22:50, kyliegriffis
He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800
Answers: 1
Business, 22.06.2019 21:00, thicklooney
You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?
Answers: 3
(Figure)Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 500,...
Mathematics, 08.07.2019 00:50
Mathematics, 08.07.2019 00:50
History, 08.07.2019 00:50
Mathematics, 08.07.2019 00:50
History, 08.07.2019 00:50