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Citrus2011 [14]
2 years ago
6

The charter of Vista West Corporation specifies that it is authorized to issue 209,000 shares of common stock. Since the company

was incorporated, it has sold a total of 146,000 shares (at $16 per share) to the public. It has bought back a total of 12,000. The par value of the stock is $5. When the stock was bought back from the public, the market price was $22. Determine the authorized shares.
Business
1 answer:
stealth61 [152]2 years ago
5 0

Answer:

209,000 shares

Explanation:

The company is authorized to issue 209,000 shares which represent maximum shares that can be issued. Authorized shares is the maximum number of shares a company can issue and this is stated in the corporate charter.

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Jesse designs web sites and uses job order costing. On September 1, Jesse’s Work in Process account had a beginning balance of $
Elena L [17]

Answer:

Work in Process Inventory account at the end of September is $1,950

Explanation:

As all jobs at the beginning of september in the balance of Work in progress were finished, it's costs are now in Finished Goods Inventory. So are too, the two jobs started and finished during September. The Works in Process account records materials, labor and structure costs of order not finished yet at the end of the month.

At the end of september only Job 850 is not finished. The sum of materials, direct labor and overhed that is $1.950, is the balance of Work in Process Inventory account at the end of September.

5 0
2 years ago
A grocery store sells an imported specialty cheese for $11 and its own store–brand cheese for $5. write two equivalent expressio
Leni [432]
<span>Since we only bought one cheese, the amount  of money needed to pay for it could be identifiable by the price of one cheese (no need to use variable). The groceries are the opposite since we do not posses any information regarding their prices, so we could replace it with a variable.

The expression could be written as: 

11 + 5 + g and 5 + 11 +g

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(11 + 5) + g and 11 + (5 + g)</span>
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2 years ago
The ____________ firewire connector must use a separate power supply.
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The 4-pin Firewire Connector must use a separate power supply.   4-pin Connectors are used for Laptops, Camcorders and other small devices  4-pin lacks the power connectors, it is for  data only.


3 0
2 years ago
.Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. Rhonda does not plan to work in the pa
Elena-2011 [213]

Answer:

The correct answer is option 4.

Explanation:

Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. she does not plan to work in partnership or invest any of her wealth other than $16,00. But she intends on sharing profits. This implies that Rhonda is a limited partner in the business.

A limited partner is a partial owner of a business. His/her liability to the business's debts is limited to the extent of the amount he/she has invested in the business. Such partners are often called silent partners as they don't have any involvement in the day to day operations.

3 0
2 years ago
Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac
erastova [34]

Answer:

$4,500 U

Explanation:

Teall Corporation

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Actual total fixed manufacturing overhead $ 59,500

Less Budgeted fixed manufacturing overhead cost $ 55,000

Fixed manufacturing overhead budget variance for the month $4,500 U

Therefore the fixed manufacturing overhead budget variance for the month is $4,500 U

4 0
2 years ago
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