In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 million book value) into common stock. Rather than issue new shares, the company granted 4.58 million shares held in treasury stock to the preferred shareholders, with a total cost of $33 million.
a. Prepare a journal entry to illustrate how this transaction would have been recorded.
Answers: 3
Business, 23.06.2019 02:30
Congressman patrick indicates that he is opposed to tax proposals that call for a flat tax rate because the structure would not tax those individuals who have the ability to pay the tax. discuss the position of the congressman, giving consideration to tax rate structures (e.g., progressive, proportional, and regressive) and the concept of equity.
Answers: 3
Business, 23.06.2019 09:50
The goal of an economist who formulates new theories is to a. provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b. provoke stimulating debate in scientific journals. c. contribute to an understanding of how the world works. d. demonstrate that economists, like other scientists, can formulate testable theories.
Answers: 1
Business, 23.06.2019 11:40
There's a cartoon that has become a social media meme. two pigs are chatting. the first pig says, "isn't it great? we have to pay nothing for the barn." the second pig replies. "yeah! and even the food is free." this cartoon is frequently linked to a quote that goes something like this: "if you're not paying for it, you're not the customer; you're the product being sold." what do these statements imply about social media? what are the specific ways that social media users become a product that is being sold?
Answers: 3
In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 milli...
Social Studies, 09.09.2019 23:10
English, 09.09.2019 23:10
Business, 09.09.2019 23:10
Mathematics, 09.09.2019 23:10
World Languages, 09.09.2019 23:10
Mathematics, 09.09.2019 23:10
Mathematics, 09.09.2019 23:10
Physics, 09.09.2019 23:10