How many shares has the company authorized

Assignment Help Financial Accounting

Reference no: EM13750313

Suppose a company selling stock for the first time decides that the maximum number of shares that can ever be sold is 44,000. Of that amount, 22,000 shares are sold to the public. After the initial sale, 17,600 shares were reacquired by the company.

How many shares has the company authorized?

How many shares has the company issued?

How many shares are outstanding?

Reference no: EM13750313

Questions Cloud

What should be the equilibrium of the game : According to the logic of backward induction what should be the equilibrium of the game? a) Firm 1 chooses a high price, Firm 2 chooses a high price. b) Firm 1 chooses a high price, Firm 2 chooses a low price.

What will be the new net income next period : Apple Corp sold 80,000 units providing a profit of $60,000. The unit margin of safety for the period was 40,000 units. If the company increases its ad expenses next period by $20,000, its sales will increase to 100,000 units. What will be the new net..

Write an essay on the policies to reduce income : Write an essay on the policies to reduce income inequality and poverty. You will explain the content of these policies and make a comparative assessment.

The diagonal line is the line of equal distribution : 1. In the graph drawn above, the diagonal line is the line of equal distribution of income. The curves, L1 and L2 are Lorenz curves. (i) What is measured on the horizontal axis and what is measured on the vertical axis of the graph? (ii) Why is the d..

How many shares has the company authorized : Suppose a company selling stock for the first time decides that the maximum number of shares that can ever be sold is 44,000. Of that amount, 22,000 shares are sold to the public. After the initial sale, 17,600 shares were reacquired by the company. ..

Uses a job-order costing system-changed to production : The Lee Company uses a job-order costing system. The following data were recorded for June: Overhead is changed to production at 80% of direct materials cost. Jobs 235, 237, and 238 were completed during June and transferred to finished goods. Jobs 2..

What is the cost of goods sold : Below is the activity in Salem Inc's Work In Process and Finished Goods accounts (could be incomplete) for the month of January: What is the cost of goods sold for Salem for January?

Sensor once the bluetooth module : The matlab code which works for one sensor once the bluetooth module is connected to the laptop bluetooth the data will be continously recieving.

Activity based costing provides more accurate allocation : According to a varied contingent in the accounting industry, Activity Based Costing provides more accurate allocation of overhead costs then by using a single plant-wide overhead rate. Others state that the reverse is true.

User Account

All Pages