Use the incomplete stockholders' equity section of Box Company's balance sheet as of December 31, 2016, to answer the following question. Common stock, $7 par, 100,000 shares authorized $ 700,000 Additional paid-in capital—common 160,000 Retained earnings ? Treasury stock (2,000 shares at cost) (16,000) Total stockholders' equity 974,000 How many shares of common stock are outstanding?
a. 100,000
b. 98,000
c. 78,000
d. 68,000
b
Business
You might also like to view...
Despite trade agreements, attempts to achieve integration in Central America have been described as uncoordinated, inefficient, and costly. There are still tariffs on imports of sugar, coffee, and alcoholic beverages
Indicate whether the statement is true or false
Business
Intra-industry trade can be explained in part by
a. Adam Smith's principle of absolute advantage. b. perfect competition in product markets. c. diseconomies of large scale production. d. transportation costs between and within nations.
Business
What are the key components of a good disciplinary model?
What will be an ideal response?
Business
What are PSAs? Why do television and radio stations run them?
What will be an ideal response?
Business