Business, 04.09.2019 05:20, lclaudettecarte3550
Mission corporation reported the following equity section on its current balance sheet. the commonstock is currently selling for $18.00 per share. common stock, $5 par, 194,000 shares authorized, 143,000 shares issued andoutstanding $715,000paid-in capital in excess of parcommon 130,000retained earnings 301,000total stockholders' equity $1,146,000after the declaration and distribution of a 12% stock dividend, what is the total number of commonshares issued? a) 160,160 b) 17,160 c) 143,000 d) 13,000
Answers: 3
Business, 22.06.2019 14:20, clairajogriggsk
Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest
Answers: 1
Business, 22.06.2019 21:10, dooboose15
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Mission corporation reported the following equity section on its current balance sheet. the commonst...
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