Business, 11.09.2019 05:30, sassyparker1216
Berry corporation has 50,000 shares of $10 par common stock authorized. the following transactions took place during 2012, the first year of the corporation's existence:
sold 10,000 shares of common stock for $18 per share.
issued 10,000 shares of common stock in exchange for a patent valued at $200,000.
at the end of the berry's first year, total paid-in capital amounted to a. $80,000.
b. $180,000.
c. $200,000.
d. $380,000.
Answers: 2
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The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.
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Berry corporation has 50,000 shares of $10 par common stock authorized. the following transactions t...
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