Blossom company had these transactions during the current period.
june 12 issued 83,500 shares of $1 par value common stock for cash of $313,125.
july 11 issued 2,800 shares of $101 par value preferred stock for cash at $106 per share.
nov. 28 purchased 3,350 shares of treasury stock for $8,450.

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

Companies under market structures are independent

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44