Business, 18.10.2019 20:20 karnun1201

During its first year of operations, eastern data links corporation entered into the following transactions relating to shareholders’ equity. the articles of incorporation authorized the issue of 8 million common shares, $1 par per share, and 1 million preferred shares, $50 par per share. feb. 12 sold 2 million common shares, for $9 per share. 13 issued 40,000 common shares to attorneys in exchange for legal services. 13 sold 80,000 of its common shares and 4,000 preferred shares for a total of $945,000. nov. 15 issued 380,000 of its common shares in exchange for equipment for which the cash price was known to be $3,688,000

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:30

You invest all the money you earned during your summer sales job (a total of $45,000) into the stock of a company that produces fat and carb-free cheetos. the company stock is expected to earn a 14% annual return; however, 5 years later it is only worth $20,000. turns out there wasn't as much demand for fat and carb-free cheetos as you had hoped. what is the annual rate of return on your investment?

Answers: 1

Answer

Business, 22.06.2019 10:00

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150

Answers: 3

Answer

Business, 22.06.2019 16:40

Consider two similar industries, portal crane manufacturing (pcm) and forklift manufacturing (flm). the pcm industry has exactly three incumbents with annual sales of $800 million, $200 million and $100 million, respectively. the flm industry has also exactly three incumbents, with annual sales of $500 million, $450 million and $400 million, respectively. which industry is more likely to experience a higher level of rivalry?

Answers: 3

Answer

Business, 22.06.2019 17:00

Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?

Answers: 1

Answer

You know the right answer?

During its first year of operations, eastern data links corporation entered into the following trans...

Questions