Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. carla vista company issues 6200 shares of its $10

Carla Vista Company issues 6200 shares of its $10 par value common stock having a...

70.2K

Verified Solution

Question

Accounting

Carla Vista Company issues 6200 shares of its $10 par value common stock having a fair value of $25 per share and 9200 shares of its
$15 par value preferred stock having a fair value of $30 per share for a lump sum of $300000. The amount of the proceeds allocated to
the common stock is
$155000
$107889
$192111
$17800
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

he function ?f(x)equals=0.030.03xplus+500500 represents the rate of flow of money in dollars per year. Assume a? 10-year period...

Basic Math
Q

After reading the article, answer the below questions: Carlos Ghosn, CEO of Nissan and Renault, is...

General Management
Q

This functional group consists of three hydrogen atoms bonded to one carbon atom Which functional...

Biology
Q

Some chemoautotrophs use H S to produce energy In general the energy is used to...

Biology
Q

Find the 11th term of the geometric sequence shown below. 7x?, 28x, 112x?, ...Answer: _____________

Basic Math
Q

Which of the following graphs is the correct plot of y 5 4 3 2...

Basic Math
Q

Given u 30 cos 60 sin 60 what are the magnitude and direction of 4u...

Basic Math
Q

The table below show data that has been collected from different fields from various farms...

Statistics
Q

Which of the following suggestions can help in developing...

Accounting
Q

please answer quickly. thank you

Accounting
Q

Employees of Harding Fabricators, Inc earned gross wages of 140,000 during a recent two week...

Accounting
Q

Costs per Equivalent Unit The following information concerns production in the Baking Department for December....

Accounting