Business, 13.05.2021 21:30, shaydog7107
Upon submitting its corporate charter to the state, Super Zip-line was granted permission to issue 5,000 shares of $0.30 par value common stock. Net income for the year for Super Zip-line was $82,000. In addition, the following transactions took place during the year:
January 2: Investors paid Super Zip-line $7 each for 2,100 shares of common stock.
March 12: Super Zip-line purchases 500 shares of its own common stock for $6.50 per share.
October 31: Super Zip-line declared a 2-for-1 forward stock split.
As of December 31, show work for how many shares are issued, and how many shares are outstanding.
Answers: 3
Business, 21.06.2019 17:50, ineedhelp2285
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Business, 22.06.2019 12:00, ambercombs
Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?
Answers: 1
Upon submitting its corporate charter to the state, Super Zip-line was granted permission to issue 5...
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