During 2022, half of the treasury stock was resold for $240,000; net income was $600,000; cash dividends declared were $1,500,000; and stock dividends declared were $500,000. The 2022 sale of half of the treasury stock would:

Total Stockholder's equity = $6,760,000

Explanation:

Note:

Missing content;

Cash dividends = $20,000

Treasury stock = $600,000

Share repurchase = $20,000

Common stock = $4,000,000

Retained earnings = $3,000,000

Computation:

Common stock = $4,000,000+$400,000

Common stock = $4,400,000

Retained earnings = $3,000,000+$600,000-$500,000-$400,000-$40,000Retained earnings = 2,660,000

Total Stockholder's equity = Common stock + Retained earnings - Treasury Stock

Total Stockholder's equity = $6,760,000

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; capital structure decision;