subject
Business, 01.04.2021 17:50 lopez7512

The corporate charter of Llama Co. authorized the issuance of 26 million, $1 par common shares. During 2021, its first year of operations, Llama had the following transactions: January 1 sold 6 million shares at $31 per share June 3 purchased 18 million shares of treasury stock at $34 per share December 28 sold the 4 million shares of treasury stock at $36 per share What amount should Llama report as additional paid-in capital in its December 31, 2021, balance sheet

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:40
Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t
Answers: 3
question
Business, 22.06.2019 18:30
Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness
Answers: 2
question
Business, 22.06.2019 20:10
Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)
Answers: 1
question
Business, 23.06.2019 07:50
One cost-of-living indicator available on the internet shows that a salary of $40,000 in santa barbara, california, is equivalent to $14,000 in wichita, kansas. this is primarily because of housing, which is much less expensive in wichita. what does this difference say about how the federal government calculates poverty?
Answers: 3
You know the right answer?
The corporate charter of Llama Co. authorized the issuance of 26 million, $1 par common shares. Duri...
Questions
question
Geography, 03.02.2021 21:10
question
Mathematics, 03.02.2021 21:10
question
Mathematics, 03.02.2021 21:10
Questions on the website: 13722362