Homework Answers
Answer (c) 1:
Tesla (10Q Quarter ended September 30, 2019):
Common stock; $0.001 par value; 2,000 shares authorized; 180 shares issued and outstanding as of September 30, 2019.
So common stock value = 180 * $0.001 = $0.18
True amount of common stock = $0.18 or 18 cents.
Answer (c) 2:
In the balance sheet the amounts are reported in million (rounded off to millions):
So:
When common stock value of $0.18 is to be reported in millions (without decimals), it can be reported as 0 only.
Add Answer to:
answer C
question is
C. common stock is listed as zero. Is it truly zero ?...
answer by searching up TESLA FORM 10-q 9/30/19 The 10-q is a pdf by tesla. search...
answer by searching up TESLA FORM 10-q 9/30/19
The 10-q is a pdf by tesla. search it up.
Answer A,B, and C
answer C using this.
2.6 points for outstanding work (see last two question), 2.0 points for good/acceptable work. The default grade on this assignment is low (C+), so do not let that discourage you. This course expects critical thinking and research into company reports, not just memorization of rules. Find Tesla's 10-Q for the quarter ending 9/30/19. Please...
2.6 points for outstanding work (see last two question), 2.0 points for good/acceptable work. The default...
2.6 points for outstanding work (see last two question), 2.0 points for good/acceptable work. The default grade on this assignment is low (C+), so do not let that discourage you. This course expects critical thinking and research into company reports, not just memorization of rules. Find Tesla's 10-Q for the quarter ending 9/30/19. Please attach and highlight (or underline or circle your sources. Do not attach the whole 10-Q, only the relevant pages. Please use the original 10-Q issued as...
Pina Company has the following stockholders’ equity accounts at December 31, 2020. Common Stock ($100 par...
Pina Company has the following stockholders’ equity accounts at
December 31, 2020.
Common Stock ($100 par value, authorized 7,600 shares)
$505,600
Retained Earnings
291,700
Prepare entries in journal form to record the following
transactions, which took place during 2021. (Credit
account titles are automatically indented when amount is entered.
Do not indent manually. If no entry is required, select "No Entry"
for the account titles and enter 0 for the
amounts.)
(1)
290 shares of outstanding stock were purchased at...
On January 1, 2020, Crane Corporation had the following stockholders’ equity accounts. Common Stock (no par...
On January 1, 2020, Crane Corporation had the following
stockholders’ equity accounts.
Common Stock (no par value, 91,000 shares issued and
outstanding)
$1,385,000
Retained Earnings
546,000
During the year, the following transactions occurred.
Feb. 1
Declared a $1 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 3-for-1 stock split. Prior to the split, the market
price per share was $37.
July 1...
Problem 15-06 Oriole Company has the following stockholders’ equity accounts at December 31, 2020. Common Stock...
Problem 15-06
Oriole Company has the following stockholders’ equity accounts at
December 31, 2020.
Common Stock ($100 par value, authorized 7,600 shares)
$459,100
Retained Earnings
266,700
Prepare entries in journal form to record the following
transactions, which took place during 2021. (Credit
account titles are automatically indented when amount is entered.
Do not indent manually. If no entry is required, select "No Entry"
for the account titles and enter 0 for the
amounts.)
(1)
290 shares of outstanding stock were...
Bramble Company has the following stockholders’ equity accounts at December 31, 2017. Common Stock ($100 par...
Bramble Company has the following stockholders’ equity accounts
at December 31, 2017. Common Stock ($100 par value, authorized
8,600 shares) $455,900 Retained Earnings 311,600 Prepare entries in
journal form to record the following transactions, which took place
during 2018. (Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the
amounts.) (1) 300 shares of outstanding stock were purchased at...
Question: How many shares are authorized for common stock? Consolidated Balance Sheet In Millions, except per...
Question: How many shares are authorized for common stock? Consolidated Balance Sheet In Millions, except per share data 12/31/16 12/31/15 ASSETS Current assets Cash and equivalents Accounts and notes receivable Inventories, at cost, not in excess of market Prepaid expenses and other current assets $1,223.4 1,474.1 58.9 565.2 1,527.0 4,848.6 $7,685.5 1,298.7 100.1 558.7 ssets of businesses held for sale Total current assets 9,643.0 Other assets Investments in and advances to affiliates Goodwill Miscellaneous Total other assets 725.9 2,336.5 1,855.3...
c. Common Stock i) ii) What is the par value of each share of common stock...
c. Common Stock i) ii) What is the par value of each share of common stock issued? How much money in excess of the par value of the stock (i.e. Additional Paid in Capital, or APIC) had been contributed by shareholders as of the end of 2019 (hint: this is listed as Capital in Excess of Par Value on the balance sheet)? d. Equity analysis: i) What is Southwest's Earnings Per Share (Basic) for the fiscal year ended 12/31/2019? What...
3) Cash Service Revenue Salaries Expense Accounts Payable C Retained Earnings Utilities Expense Accounts Receivable Common...
3) Cash Service Revenue Salaries Expense Accounts Payable C Retained Earnings Utilities Expense Accounts Receivable Common Stock Dividends How many of the above accounts have a normal debit balance? A) Six. C) Four D) Seven. 214) For a journal entry with only two lines, the following entry is valid: Increase in Revenue, Decrease in Expense A) True B) False 215) For a journal entry with only two lines, the following entry is valid Increase in Expense, Increase in Dividends. B)...
Question #1 ts Which of the following is an asset? npts Rent Expense Common Stock Accounts...
Question #1 ts Which of the following is an asset? npts Rent Expense Common Stock Accounts Payable Cash mpts empts tempts Submit Question 0 of 1 Attempts Used! ttempts Attempts Attempts 1 Attempts 1 Attempts 1 Attempts MacBook Ai Question #2 Which of the following represents earnings taken out by the owners? Supplies Expense Notes Payable Dividends Equipment Submit Question 0 of 1 Attempts Used! Question #3 Which of the following represents an amount owed by the company? Revenue Accounts...
answer by searching up TESLA FORM 10-q 9/30/19
The 10-q is a pdf by tesla. search it up.
Answer A,B, and C
answer C using this.
2.6 points for outstanding work (see last two question), 2.0 points for good/acceptable work. The default grade on this assignment is low (C+), so do not let that discourage you. This course expects critical thinking and research into company reports, not just memorization of rules. Find Tesla's 10-Q for the quarter ending 9/30/19. Please...
2.6 points for outstanding work (see last two question), 2.0 points for good/acceptable work. The default grade on this assignment is low (C+), so do not let that discourage you. This course expects critical thinking and research into company reports, not just memorization of rules. Find Tesla's 10-Q for the quarter ending 9/30/19. Please attach and highlight (or underline or circle your sources. Do not attach the whole 10-Q, only the relevant pages. Please use the original 10-Q issued as...
Pina Company has the following stockholders’ equity accounts at
December 31, 2020.
Common Stock ($100 par value, authorized 7,600 shares)
$505,600
Retained Earnings
291,700
Prepare entries in journal form to record the following
transactions, which took place during 2021. (Credit
account titles are automatically indented when amount is entered.
Do not indent manually. If no entry is required, select "No Entry"
for the account titles and enter 0 for the
amounts.)
(1)
290 shares of outstanding stock were purchased at...
On January 1, 2020, Crane Corporation had the following
stockholders’ equity accounts.
Common Stock (no par value, 91,000 shares issued and
outstanding)
$1,385,000
Retained Earnings
546,000
During the year, the following transactions occurred.
Feb. 1
Declared a $1 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 3-for-1 stock split. Prior to the split, the market
price per share was $37.
July 1...
Problem 15-06
Oriole Company has the following stockholders’ equity accounts at
December 31, 2020.
Common Stock ($100 par value, authorized 7,600 shares)
$459,100
Retained Earnings
266,700
Prepare entries in journal form to record the following
transactions, which took place during 2021. (Credit
account titles are automatically indented when amount is entered.
Do not indent manually. If no entry is required, select "No Entry"
for the account titles and enter 0 for the
amounts.)
(1)
290 shares of outstanding stock were...
Bramble Company has the following stockholders’ equity accounts
at December 31, 2017. Common Stock ($100 par value, authorized
8,600 shares) $455,900 Retained Earnings 311,600 Prepare entries in
journal form to record the following transactions, which took place
during 2018. (Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the
amounts.) (1) 300 shares of outstanding stock were purchased at...
Question: How many shares are authorized for common stock? Consolidated Balance Sheet In Millions, except per share data 12/31/16 12/31/15 ASSETS Current assets Cash and equivalents Accounts and notes receivable Inventories, at cost, not in excess of market Prepaid expenses and other current assets $1,223.4 1,474.1 58.9 565.2 1,527.0 4,848.6 $7,685.5 1,298.7 100.1 558.7 ssets of businesses held for sale Total current assets 9,643.0 Other assets Investments in and advances to affiliates Goodwill Miscellaneous Total other assets 725.9 2,336.5 1,855.3...
c. Common Stock i) ii) What is the par value of each share of common stock issued? How much money in excess of the par value of the stock (i.e. Additional Paid in Capital, or APIC) had been contributed by shareholders as of the end of 2019 (hint: this is listed as Capital in Excess of Par Value on the balance sheet)? d. Equity analysis: i) What is Southwest's Earnings Per Share (Basic) for the fiscal year ended 12/31/2019? What...
3) Cash Service Revenue Salaries Expense Accounts Payable C Retained Earnings Utilities Expense Accounts Receivable Common Stock Dividends How many of the above accounts have a normal debit balance? A) Six. C) Four D) Seven. 214) For a journal entry with only two lines, the following entry is valid: Increase in Revenue, Decrease in Expense A) True B) False 215) For a journal entry with only two lines, the following entry is valid Increase in Expense, Increase in Dividends. B)...
Question #1 ts Which of the following is an asset? npts Rent Expense Common Stock Accounts Payable Cash mpts empts tempts Submit Question 0 of 1 Attempts Used! ttempts Attempts Attempts 1 Attempts 1 Attempts 1 Attempts MacBook Ai Question #2 Which of the following represents earnings taken out by the owners? Supplies Expense Notes Payable Dividends Equipment Submit Question 0 of 1 Attempts Used! Question #3 Which of the following represents an amount owed by the company? Revenue Accounts...
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