Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a corporation has the following account balances:

A corporation has the following account balances: Common stock, $1 par value, $47000; Paid-in ...

90.2K

Verified Solution

Question

Accounting

A corporation has the following account balances: Common stock, $1 par value, $47000; Paid-in
Capital in Excess of Par, $780000. Based on this information, the
number of shares outstanding is 827000.
number of shares issued is 47000.
average price per share issued is $6.18.
legal capital is $827000.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A gradient payment series is received monthly for 20 years and deposited into an account. The...

Finance
Q

Q1: Calculate the standard deviation of returns on a stock that had the following returns in the...

Finance
Q

9 Using the diagram below find the angle of elevation of a kite on a...

Geometry
Q

Find the equation of the quadratic function f whose graph is shown below 3 4...

Basic Math
Q

Marina rend a drone and model airplane at the Auto-Models for Teens. The following system...

Basic Math
Q

A couple wants to have three children. Assume that the probabilities of a newborn being...

Basic Math
Q

Does the function x x have any horizontal or diagonal asymptotes x 3 x 4...

Algebra
Q

When simplifying the following expression 1 1 sing 1 1 sin 0 the denominator is

Algebra
Q

Direction: Apply appropriate Java coding standards and provide the final answer(Output). Show the output of...

Accounting
Q

Use the balance sheets and information provided about revenue and expenses to answer the question....

Accounting
Q

Sweet Tooth Candy Company budgeted the following costs for anticipated production for August: Advertising expenses...

Accounting
Q

Required information [The following information applies to the questions displayed below.] Preble Company manufactures one...

Accounting