subject
Business, 24.04.2020 15:22 lowwlifelivv

1 Issues 56,000 additional shares of $1 par value common stock for $53 per share. May 10 Purchases 5,100 shares of treasury stock for $56 per share. June 1 Declares a cash dividend of $1.55 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,550 shares of treasury stock purchased on May 10 for $61 per share. repare the stockholders’ equity section of the balance sheet for Power Drive Corporation as of December 31.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:10
Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforce in a nightly batch. us wants to add automation that can attempt to match leads and contacts to these orders using the email address field on the insert. us is concerned about the performance of the automation with a large data volume. which tool should uc use to automate this process?
Answers: 1
question
Business, 22.06.2019 07:30
Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.
Answers: 2
question
Business, 23.06.2019 00:00
What is a uniform law adopted by all states that facilitates business transactions?
Answers: 1
question
Business, 23.06.2019 00:40
In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of
Answers: 3
You know the right answer?
1 Issues 56,000 additional shares of $1 par value common stock for $53 per share. May 10 Purchases 5...
Questions
question
World Languages, 24.05.2020 12:57
question
Mathematics, 24.05.2020 12:57
question
Mathematics, 24.05.2020 12:57
question
Mathematics, 24.05.2020 12:57
question
History, 24.05.2020 12:57
Questions on the website: 13722367