subject
Business, 23.08.2021 21:10 chris3633

Bramble Corporation issues 11200 shares of $50 par value preferred stock for cash at $70 per share. The entry to record the transaction will consist of a debit to Cash for $784000 and a credit or credits to: A. Preferred Stock for $224000 and Paid-in Capital from Preferred Stock for $560000.
B. Preferred Stock for $560000 and Paid-in Capital in Excess of Par-Preferred Stock for $224000.
C. Preferred Stock for $784000.
D. Paid-in Capital from Preferred Stock for $784000.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:00
Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360
Answers: 3
question
Business, 21.06.2019 21:30
What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share
Answers: 1
question
Business, 22.06.2019 04:30
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
question
Business, 22.06.2019 12:50
There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration
Answers: 2
You know the right answer?
Bramble Corporation issues 11200 shares of $50 par value preferred stock for cash at $70 per share....
Questions
question
Mathematics, 30.08.2020 02:01
question
Geography, 30.08.2020 02:01
Questions on the website: 13722363