subject
Business, 12.08.2019 23:30 nativebabydoll35

On december 1, line corp. received a donation of 2,000 shares of its $5 par value common stock from astockholder. on that date, the stock's market value was $35 per share. the stock was originally issued for$25 per share. by what amount would this donation cause total stockholders' equity to decrease? a. $70,000b. $50,000c. $20,000d. $0

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:00
To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks
Answers: 1
question
Business, 22.06.2019 04:00
You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)
Answers: 1
question
Business, 22.06.2019 21:00
Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to attend a class in excel spreadsheets, so sue temporarily took over dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at $450. what should sue do?
Answers: 3
question
Business, 22.06.2019 21:30
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
You know the right answer?
On december 1, line corp. received a donation of 2,000 shares of its $5 par value common stock from...
Questions
question
Chemistry, 02.04.2021 02:30
question
Health, 02.04.2021 02:30
question
Social Studies, 02.04.2021 02:30
question
Mathematics, 02.04.2021 02:30
Questions on the website: 13722363