Business
Business, 30.09.2019 20:00, cyaransteenberg

In 2016, chartres inc., issued for $105 per share, 60,000 shares of $100 par value convertible preferred stock. one share of preferred stock can be converted into three shares of chartre's $25 par value common stock at the option of the preferred stockholder. in april 2017, all of the preferred stock was converted into common stock. the market value of the common stock at the date of the conversion was $30 per share. what total amount should be credited to additional paid-in capital from common stock as a result of the conversion of the preferred stock into common stock?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 05:50, tinydesb
Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:
Answers: 2
image
Business, 22.06.2019 08:50, cmflores3245
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
image
Business, 22.06.2019 19:30, sky81428
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
image
Business, 23.06.2019 00:30, josephfoxworth
Emerson has an associate degree. based on the bar chart below, how will his employment opportunities change from 2008 to 2018
Answers: 2
Do you know the correct answer?
In 2016, chartres inc., issued for $105 per share, 60,000 shares of $100 par value convertible prefe...

Questions in other subjects: