User Account

All Pages

The authorized share capital of the alfred cake company is

Assignment Help Finance Basics
Reference no: EM13573741

The authorized share capital of the Alfred Cake Company is 100,000 shares. The equity is currently shown in the company"s books as follows:

Common stock ($.50 par value)

$40,000

Additional paid-in capital

10,000

Retained earnings

30,000

Common equity

80,000

Treasury stock (2,000 shares)

5,000

Net common equity

$75,000

a. How many shares are issued?

b. How many are outstanding?

c. Explain the difference between your answers to (a) and (b).

d. How many more shares can be issued without the approval of shareholders?

e. Suppose that Alfred Cake issues 10,000 shares at $2 a share. Which of the above figures would be changed?

f. Suppose instead that the company bought back 5,000 shares at $5 a share. Which of the above figures would be changed?

Reference no: EM13573741

Questions Cloud

Moore companys net income last year was 56000 and cash : moore companys net income last year was 56000 and cash dividends declared and paid to the company stockholders was
Leopard corporation has ordinary income from operations of : leopard corporation has ordinary income from operations of 50000 net long-term capital gain of 20000 and net short-term
Then goldman sachs went looking for buyers they lined up : on may 15 1997 the government of kuwait offered to sell 170 million bp shares worth about 2 billion. goldman sachs was
During the year carolyn lives with torie in his home for : during the year carolyn lives with torie in his home for 10 months and in her home for 2 months. under a
The authorized share capital of the alfred cake company is : the authorized share capital of the alfred cake company is 100000 shares. the equity is currently shown in the companys
Was manufacturing overhead underapplied or overapplied by : selected t-accounts for rolm company are given below for the just completed yearraw materialsmanufacturing
Calculate what johnson would receive from the japanese : spot rates. on june 1 johnson inc. received an order from a japanese customer for 2500000 yen to be paid upon receipt
Paris is a cash basis landlord an earthquake destroyed one : paris is a cash basis landlord. an earthquake destroyed one of his residential rental buildings. even though the lease
I have new assignment and it is about write a 1500 word : i have new assignment and it is about write a 1500 word essay on a guitarist of your choice.discuss the style of music

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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