![subject](/tpl/images/cats/ekonomika.png)
In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 million book value) into common stock. Rather than issue new shares, the company granted 4.58 million shares held in treasury stock to the preferred shareholders, with a total cost of $33 million.
a. Prepare a journal entry to illustrate how this transaction would have been recorded.
![ansver](/tpl/images/cats/User.png)
Answers: 3
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 20:30
The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations.product manufacturing.product innovation.process manufacturing.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 01:30
At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 22:00
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 23:50
Juniper company, inc. uses a perpetual inventory system. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 16, it paid the full amount due. the correct journal entry to record the payment on august 16 is:
Answers: 1
You know the right answer?
In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 milli...
Questions
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:10
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:10
![question](/tpl/images/cats/istoriya.png)
History, 04.09.2021 07:10
![question](/tpl/images/cats/fizika.png)
Physics, 04.09.2021 07:10
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:10
![question](/tpl/images/cats/en.png)
English, 04.09.2021 07:10
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:20
![question](/tpl/images/cats/istoriya.png)
History, 04.09.2021 07:20
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:20
![question](/tpl/images/cats/himiya.png)
Chemistry, 04.09.2021 07:20
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:20
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:20
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 04.09.2021 07:20
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:20
![question](/tpl/images/cats/mat.png)
Mathematics, 04.09.2021 07:20