User Account

All Pages

What amount should Alpaca report

Assignment Help Accounting Basics
Reference no: EM132608564

Question - The corporate charter of Alpaca Co. authorized the issuance of 30 million, $1 par common shares. During 2021, its first year of operations, Alpaca had the following transactions:

January 1 sold 26 million shares at $5 per share

June 3 retired 12 million shares at $11 per share

December 28 sold 4 million shares at $22 per share

What amount should Alpaca report as additional paid-in capital-excess of par, in its December 31, 2021, balance sheet?

a. $140 million

b. $206 million

c. $104 million

d. $68 million

Reference no: EM132608564

Questions Cloud

Create a scatter diagram : Create a scatter diagram of Y = ‘Annual % ROI' against X = ‘Cost'. Include the trendline and the coefficient of determination right on the graph.
How much withholding tax will USP be subject : How much withholding tax will USP be subject to assuming they are eligible for treaty benefits and the US model treaty is the applicable treaty
Compute the corporation most significant competitor : Compute the corporation's most significant competitor. Compare their strategies at each level and evaluate which company you think is most likely to be success
Applying the customer based brand equity model : Applying the Customer Based Brand Equity model, critically analyse how your client could build and manage a strong brand in this new market
What amount should Alpaca report : What amount should Alpaca report as additional paid-in capital-excess of par, in its December 31, 2021, balance sheet
Discuss the benefits of establishing solid financial acumen : Financial Acumen, Discuss the benefits of establishing solid financial acumen in a company? Discuss your personal experiences in a situation
Principles of direct manipulation- video game controls : Describe the three principles of direct manipulation and give examples as to how they are used in video game controls.
Natural frustration associated with software product : Describe methods for determining if user frustration is caused by poor system design or from natural frustration associated with learning new software product
What is the amount and character of the taxpayer gain : Taxpayer sells the bond for GBP175,000 at a point when 1 pound Sterling = USD1.25. What is the amount and character of the taxpayer gain

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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