What is total outstanding common stock
Mitchell Company was authorized to issue 50,000 shares of common stock. The company issued 27,000 shares of stock and later purchased 5,000 shares of treasury stock. what is total outstanding common stock?
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A company issues $50 million of bonds at par on January 1, 2009. The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years. The journal entry when the bonds are sold is what?
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A restaurant purchased an ice machine for $4,000 paying $1,000 in cash with the balance carried on account. The journal entry to record this transacation is debit equipment $ 4,000, credit cash $1,000 and credit accounts payable $3,000
Garcia Company began 2010 with net assets of $80000. Net income calculated by using the capital maintenance concept was $21000. During 2010 owners contributed $26000 of new capital. By year-end, the net assets totaled $78000. Dividends to the owne
On this date the company concludes that the equipment has a remaining useful life of only 2 years with the same salvage value. Compute the revised annual depreciation.
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Assume that in recent years, both expected inflation and the market risk premium (rM - rRF) have declined. Assume also that all stocks have positive betas. Which of the following would be most likely to have occurred as a result of these changes?
Other things held constant, if the expected inflation rate decreases and investors also become more risk averse, the Security Market Line would shift:
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