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The financial statements for a company included the following information:
Common Stock
$1,750,000
Retained Earnings
$950,000
Net Income
$1,250,000
Shares Issued
110,000
Shares Outstanding
90,000
Dividends Declared and Paid
$900,000
The common stock was sold at a price of $30 per share.
Complete the following:
(a) What is the amount of capital in excess of par?
(b) What was the amount of retained earnings at the beginning of the year?
(c) How many shares are in treasury stock (Treasury shares)?
(d) Compute earnings per share
If 1.8% of the cartridges produced by Starr is defective, find the probability that a shipment will be accepted. (Round your answer to four decimal places.)
The Mico soft drink company makes two kinds of beverages: regular and diet. Their limited resources are the time it takes to make the drinks (8 hours = 480 minutes per day) and syrup (as an ingredient) limited to 675 gallons per day.
nbspyou find a great deal for your house the bank agrees to give you a 5 year loan where you only pay 100 a month and
Explain, in your own words, how to evaluate a polynomial for a given value of the variable. Demonstrate the process with an example.
Linear systems using the Reduced Row Echelon technique, as demonstrated in class. If there is no solution, explain why not.
A trough is 4 feet long and 1 foot high. The vertical cross-section of the trough parallel to an end is shaped like the graph of from to . The trough is full of water. Find the amount of work in foot-pounds required to empty the trough by pumping ..
Write an equation in slope-intercept form for the line described.
A man 6 ft tall walks at a rate of 5 ft/s away from a lamppost that is 23 ft high. At what rate is the length of his shadow changing when he is 60 ft away from the lamppost?
Tropical pools figures that its monthly revenue on the sale of ‘x' pools is given by R = 1500x - 3x2 where ‘x' is less than 25.
Find the volume of the solid bounded by the cylinder y^2 + z^2 = 4 and the planes x = 2y, x = 0, z = 0 in the first octant. Calculate the double integral by using two iterated integrals with different orders of x and y integration. Do not use pola..
A community college had an enrollment of 3500 students in 2004. It is projected that the enrollment will increase by 250 students per year.
Calculate the percentage of students who score less than 700
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