User Account

All Pages

Determine the outstanding shares

Assignment Help Financial Accounting
Reference no: EM132912099

Question - The charter of the Corinthos Corporation specifies that it is authorized to issue 204,000 shares of common stock. Since the company was incorporated, it has sold a total of 147,000 shares (at $16 per share) to the public. It has bought back a total of 12,000. The par value of the stock is $4. When the stock was bought back from the public, the market price was $20.

Required -

1. Determine the authorized shares.

2. Determine the issued shares.

3. Determine the outstanding shares.

Reference no: EM132912099

Questions Cloud

Identify what transportation hubs are located : Identify what transportation hubs are located at or near those departure points. Given this information, why do you think that the majority of Subscribers
Dispositions are foundation for human behavior : Dispositions are the foundation for human behavior. Successful teachers must be thoroughly grounded within their dispositions.
Influence of environment on human development : The debate concerning influence of inherited traits and abilities compared to the influence of environment on human development has been argued for decades
Contrast self-directed learning and andragogy : Compare and contrast self-directed learning and andragogy. How are they the same? How are they different? Which could be used in today's classroom?
Determine the outstanding shares : The charter of the Corinthos Corporation specifies that it is authorized to issue 204,000 shares of common stock. Determine the outstanding shares
Ethical decisions in accounting : Discuss the differences between inventory and fixed assets. Are the characteristics the same? Why or why not?
Find the interest rates earned on each : Find the interest rates earned on each of the following. You borrow $55,000 and promise to pay back $120,585 at the end of 5 years
Diagnostic and remediation procedures : Brief article critique of ANY article dealing with Diagnostic and Remediation Procedures for the Special Needs Learners.
Calculate the contribution margin per unit : The Waldo Company had the following data for 2011: Sales ($20 X 20,000 units) $400,000. Calculate the contribution margin per unit

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd