Business, 16.04.2020 18:29 samantha636
Retro Company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1 per share. If Retro issues 5,000 shares of common stock to pay its recent attorney's bill of $20,000 for legal services on a land access dispute, which of the following would be the journal entry for Retro to record?a. Legal Expense 5,000Common Stock 5,000b. Legal Expense 20,000Common Stock 20,000c. Legal Expense 20,000Common Stock 5,000Paid-in Capital in Excess of Stated Value – Common 15,000d. Legal Expense 20,000Common Stock 5,000Paid-in Capital in Excess of Par – Preferred 15,000
Answers: 3
Business, 21.06.2019 16:00
Which type of investment offers both capital gains and interest income? a. property b. cds c. stocks d. bonds
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Business, 22.06.2019 18:00
*will mark brainliest! * when a company spends resources (labor, money) to give customers "free" items, those costs are called a. investment costs b. economic costs c. scarcity costs d. opportunity costs answer asap!
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Business, 23.06.2019 04:00
A76-year old female with degenerative joint disease made an appointment with an orthopedic surgeon. the patient stated she has had severe pain in her right knee for six months. she has tried physical therapy and steroid injections but has not had any relief. the surgeon has agreed to schedule a right total knee arthroplasty (knee replacement).
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Retro Company is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000...
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