Sheffield corp. was organized on january 1, 2017. it is authorized to issue 21,300 shares of 7%, $53 par value preferred stock and 465,000 shares of no-par common stock with a stated value of $2 per share. the following stock transactions were completed during the first year.

jan. 10 issued 72,500 shares of common stock for cash at $5 per share.
mar. 1 issued 1,250 shares of preferred stock for cash at $56 per share.
may 1 issued 117,500 shares of common stock for cash at $6 per share.
sept. 1 issued 5,500 shares of common stock for cash at $9 per share.
nov. 1 issued 3,500 shares of preferred stock for cash at $60 per share.

journalize the transactions.

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

The east asiatic company (eac), a danish company with subsidiaries throughout asia, has been funding its bangkok subsidiary primarily with u. s. dollar debt because of the cost and availability of dollar capital as opposed to thai baht-denominated (b) debt. the treasurer of eac-thailand is considering a 1-year bank loan for $247,000.the current spot rate is b32.03 /$, and the dollar-based interest is 6.78% for the 1-year period. 1-year loans are 12.04% in baht. a. assuming expected inflation rates of 4.3 % and 1.24% in thailand and the united states, respectively, for the coming year, according to purchase power parity, what would the effective cost of funds be in thai baht terms? b. if eac's foreign exchange advisers believe strongly that the thai government wants to push the value of the baht down against the dollar by5% over the coming year (to promote its export competitiveness in dollar markets), what might the effective cost of funds end up being in baht terms? c. if eac could borrow thai baht at 13% per annum, would this be cheaper than either part (a) or part (b) above?

Even sole proprietors should have at least how many computers? 1 2 3 4