Explain what the following terms mean: issued stock, unissued stock, authorized stock, treasury stock, and outstanding...
Homework Answers
Authorised stock are those equity shares which is company is allowed or say authorised by the government to offer to the public to fund the company financial needs. authorised stock is the maximum amount which a company can issue to public exchange of funds.
Issued stocks are those stocks which are currently offered to the public for subscription, it is always less than the authorised stock. Issued stocks are part of the authorised stocks which company is allowed for.
Issued stocks are the stocks out of the authorised stocks which are with the company but not offered to the public for subscription it can be offered to the public in near future for subscription.
Treasury stock is stock repurchased by the issuer and intended for retirement or resale to the public. It represents the difference between the number of shares issued and the number of shares outstanding.
Outstanding shares are the shares available with the shareholders of the company at the given point of time after excluding the shares which are bought back by the company and it is shown as the part of the owner’s equity in the liability side of the balance sheet of the company.
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Explain what the following terms mean: issued stock, unissued
stock, authorized stock, treasury stock, and outstanding...
Which of the following statements about issued and outstanding stock is correct? Multiple Choice Outstanding stock...
Which of the following statements about issued and outstanding stock is correct? Multiple Choice Outstanding stock includes all stock issued by a corporation. Issued stock equals the sum of outstanding stock and treasury stock Issued stock is equal to authorized stack. o o Outstanding stock includes stock in the hands of investors, as well as treasury stock in the hands of the corporation.
11. Melissa Corp has 300,000 shares authorized of common stock, of which 60.000 shares are unissued,...
11. Melissa Corp has 300,000 shares authorized of common stock, of which 60.000 shares are unissued, and 10,000 are held in treasury stock. On January 15, the board of directors declared a cash dividend of 25 per share, payable on March 15, to shareholders of record on Feb 15. Prepare the journal entries associated with those dates.
Common Stock (.10 par, 15,000 shares authorized, 2000 shares issued and outstanding $ 200 Paid-In Capital...
Common Stock (.10 par, 15,000 shares authorized, 2000 shares issued and outstanding $ 200 Paid-In Capital in Excess of Par $49,000 Retained Earnings $28,000 Treasury Stock $15.000 What is the total stockholders' equity based on the above account balances? $62,200 O $28,000 none of the above $92200 Next → DOLL
11. Melissa Corp has 300,000 shares authorized of common stock, of which 60.000 shares are unissued,...
11. Melissa Corp has 300,000 shares authorized of common stock, of which 60.000 shares are unissued, and 10,000 are held in treasury stock. On January 15, the board of directors declared a cash dividend of 25 per share, payable on March 15. to shareholders of record on Feb 15. Prepare the journal entries associated with those dates. 12. Prepare in journal form the entries necessary to record the following stock transactions of the Vallen Company during 2019: Oct. 1 Purchased...
how many shares are authorized, issued, and outstanding of Microsoft corporation? What is today's stock price...
how many shares are authorized, issued, and outstanding of Microsoft corporation? What is today's stock price of ford's shares? What are your initial thoughts on buying at that price
If Entity C has 1,000,000 shares of common stock authorized, 400,000 common shares issued, and 5,000...
If Entity C has 1,000,000 shares of common stock authorized, 400,000 common shares issued, and 5,000 shares treasury stock, what is the number of common share outstanding?
Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding The following is the stockholders'...
Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding The following is the stockholders' equity section from Chipotle Mexican Grill, Inc.'s balance sheet (in thousands, except per share data). December Shareholders' Equity 31, 2014 Preferred stock, $0.01 par value, 600,000 shares authorized, no shares issued as of $ - December 31, 2014 Common stock, $0.01 par value, 230,000 shares authorized, and 36,945 shares issued as of December 31, 2014 369 Additional paid-in capital 1,129,003 Treasury stock, at cost,...
Stockholders' Equity (January 1) Cormon stock-$6 par value, 100,800 shares authorized, 38,890 shares issued and outstanding...
Stockholders' Equity (January 1) Cormon stock-$6 par value, 100,800 shares authorized, 38,890 shares issued and outstanding Paid-in capital in excess of par value, connon stock Retained earnings Total stockholders' equity $189,620 140,689 340, $662,820 Stockholders' Equity (December 31) Common stock-$6 par value, 188,880 shares authorized, 35, eee shares issued, 5,eee shares in treasury Paid-in capital in excess of par value, connon stock Retained earnings (358,820 restricted by treasury stock) $21e.see 16e, see 420.889 790,820 (Se.820) $749,800 Less cost of treasury...
D. $41,000. 7. Which of the following terms designates the maximum number of shares of stock...
D. $41,000. 7. Which of the following terms designates the maximum number of shares of stock that a corporation may issue? A. number of shares outstanding B. number of shares authorized C. treasury stock D. number of shares issued
Multiple Choice Question 144 The purchase of treasury stock has no effect on common stock outstanding....
Multiple Choice Question 144
The purchase of treasury stock
has no effect on common stock outstanding.
decreases common stock authorized.
decreases common stock issued.
decreases common stock outstanding.
Click if you would like to
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Which of the following statements about issued and outstanding stock is correct? Multiple Choice Outstanding stock includes all stock issued by a corporation. Issued stock equals the sum of outstanding stock and treasury stock Issued stock is equal to authorized stack. o o Outstanding stock includes stock in the hands of investors, as well as treasury stock in the hands of the corporation.
11. Melissa Corp has 300,000 shares authorized of common stock, of which 60.000 shares are unissued, and 10,000 are held in treasury stock. On January 15, the board of directors declared a cash dividend of 25 per share, payable on March 15, to shareholders of record on Feb 15. Prepare the journal entries associated with those dates.
Common Stock (.10 par, 15,000 shares authorized, 2000 shares issued and outstanding $ 200 Paid-In Capital in Excess of Par $49,000 Retained Earnings $28,000 Treasury Stock $15.000 What is the total stockholders' equity based on the above account balances? $62,200 O $28,000 none of the above $92200 Next → DOLL
11. Melissa Corp has 300,000 shares authorized of common stock, of which 60.000 shares are unissued, and 10,000 are held in treasury stock. On January 15, the board of directors declared a cash dividend of 25 per share, payable on March 15. to shareholders of record on Feb 15. Prepare the journal entries associated with those dates. 12. Prepare in journal form the entries necessary to record the following stock transactions of the Vallen Company during 2019: Oct. 1 Purchased...
If Entity C has 1,000,000 shares of common stock authorized, 400,000 common shares issued, and 5,000 shares treasury stock, what is the number of common share outstanding?
Stockholders' Equity (January 1) Cormon stock-$6 par value, 100,800 shares authorized, 38,890 shares issued and outstanding Paid-in capital in excess of par value, connon stock Retained earnings Total stockholders' equity $189,620 140,689 340, $662,820 Stockholders' Equity (December 31) Common stock-$6 par value, 188,880 shares authorized, 35, eee shares issued, 5,eee shares in treasury Paid-in capital in excess of par value, connon stock Retained earnings (358,820 restricted by treasury stock) $21e.see 16e, see 420.889 790,820 (Se.820) $749,800 Less cost of treasury...
D. $41,000. 7. Which of the following terms designates the maximum number of shares of stock that a corporation may issue? A. number of shares outstanding B. number of shares authorized C. treasury stock D. number of shares issued
Multiple Choice Question 144
The purchase of treasury stock
has no effect on common stock outstanding.
decreases common stock authorized.
decreases common stock issued.
decreases common stock outstanding.
Click if you would like to
Show Work for this question:
Open Show Work
Question Attempts: 0 of 1 used
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SUBMIT ANSWER
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