answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gelneren [198K]
2 years ago
7

The financial statements for Highland Corporation included the following selected information: Common stock $ 1,600,000 Retained

earnings $ 900,000 Net income $ 1,000,000 Shares issued 90,000 Shares outstanding 80,000 Dividends declared and paid $ 800,000 The common stock was sold at a price of $30 per share. What is the amount o f additional paid-in capital?
What was the amount of retained earnings at the beginning of the year?

How many shares are in treasury stock?

Business
1 answer:
marin [14]2 years ago
3 0

Answer:

Please see attachment .

Explanation:

Please see attachment .

You might be interested in
A large personal care products company adopts a(n) ________ approach to gain a competitive edge in light of intense foreign comp
lawyer [7]

Answer:

"Total quality management " is the correct answer.

Explanation:

  • TQM seems to be a management philosophy focused mostly on the idea that such a company can achieve long-term performance by making all its participants concentrate on enhancing efficiency and thereby providing customer loyalty, including low-level staff to their highest position representatives.
  • This can be accomplished by the incorporation of all roles and processes relating to quality throughout the business.
8 0
2 years ago
g Last year Thomson Inc's earnings per share (EPS) were $3.50, and its growth rate during the prior 5 years was 6.6% per year. I
zalisa [80]

Answer:

17.19   years

Explanation:

The triple value of the earnings per share=$3.50*3=$10.50

The growth rate is 6.6%

Using the nper formula in excel, we can determine the number of years earnings per share would triple

=nper(rate,pmt,-pv,fv)

rate is 6.6%

pmt is not applicable to the scenario ,hence it is zero

pv is the current earnings per share

fv is the future earnings per share

=nper(6.6%,0,-3.5,10.5)= 17.19  

3 0
2 years ago
Which education choice would be the right one to get Mario started in his career working with cars?
lozanna [386]

Answer:

C) a two-year vocational school program in automotive repair

Explanation:

From the answers provided within the question it can be said that the best educational choice would be a two-year vocational school program in automotive repair. This program will teach Mario everything he needs to know about automotive repair including how to diagnose each problem and figure out how to solve them. The program will also prepare him with actual vehicle repair hands-on training.

6 0
2 years ago
Read 2 more answers
Which of these transactions would produce $10,000 of revenue in December? (check all that apply) BOC Realty leases space to a te
Luba_88 [7]

Answer:

From the given question, the following transactions would produce $10,000 of revenue in December which are:

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES and BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

Explanation:

Solution

Given that:

Now,

From the question stated it says that which of these transactions would produce $10,000 of revenue in December,

Thus,

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

BOC Bank receives a check for $10,000 in December for November's interest amount =NO

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES

6 0
2 years ago
A bond with a face value of $1,000 has 10 years until maturity, carries a coupon rate of 8.6%, and sells for $1,140. Interest is
nordsb [41]

Answer:

Price of bond=948.8583731

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

Semi-annual interest = 8.6% × 1,000 × 1/2 =43

Semi-annual yield = 9.4%/2=4.7 %

<em>PV of interest payment</em>

PV = A  (1- (1+r)^(-n))/r

A- 43, r-0.047, n- 20

= 43× (1-(1.047)^(-10)/0.047)

= 549.7724893

<em>PV of redemption Value</em>

PV = F × (1+r)^(-n)

F-1000, r-0.047, n- 20

PV = 1,000 ×   1.047^(-20)

PV = 399.0858837

Price of Bond

549.772 + 399.085

=948.8583731

4 0
2 years ago
Other questions:
  • In a market served by a monopoly, the marginal cost is $60 and the price is $110. In a perfectly competitive market, the margina
    8·1 answer
  • Assume you own and operate a small printing and specialty advertising business that employs 25 persons. With increased health ca
    8·1 answer
  • Paula's Perfumes has a target profit of $4,000 per month. Perfume sells for $15.00 per bottle and variable costs are $13.50 per
    9·1 answer
  • One year ago, Deltona Motor Parts deposited $16,500 in an investment account for the purpose of buying new equipment three years
    13·1 answer
  • Company XYY has recently won several bids and is now discussing how to structure the staff so that every contract can be success
    12·2 answers
  • In setting up interviews for an executive position, Frances makes sure to include candidates of different ethnic backgrounds, in
    12·1 answer
  • Assume that political instability around the world causes American business firms to decrease business investment signaling the
    6·1 answer
  • You move 18% of your online checking account balance of $2,525 to your savings account. How much of your checking account did yo
    6·1 answer
  • Causwell Company began 2021 with 18,000 units of inventory on hand. The cost of each unit was $5.00. During 2021 an additional 3
    12·1 answer
  • A robust ______________ can go a long way to reducing project problems over the life of the project and will establish how, when
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!