Spiral corporation's december 31, balance sheet shows the following: 8% preferred stock,
$10 par value, cumulative,
40,000 shares authorized; 18,000 shares issued, $180,000 common stock, $1 par value,
4,000,000 shares authorized; 2,500,000 shares issued,
2,460,000 shares outstanding,
$2,500,000 paid-in capital in excess of par value – preferred stock, $180,000 paid-in capital in excess of par value – common stock, $52,000,000 retained earnings,
$24,000,000 treasury stock (40,000 shares)-$1,250,000
the company's total stockholders' equity is:

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

Afinance company wants to upgrade its accounting software to a higher version. this version change requires a change in data formats. which method represents a change in data formats?