Author Question: In a batch sequence check a computer program sorts the input documents into numerical order; checks ... (Read 246 times)

APUS57

  • Hero Member
  • *****
  • Posts: 571
In a batch sequence check a computer program sorts the input documents into numerical order; checks the documents against the sequence number range; and reports missing, duplicate, and out-of-range data.
  Indicate whether the statement is true or false

Question 2

Par For the Course, Inc's financial statement included the following section:
 
   12/31/11
  Preferred stock, 100 par, 5 noncumulative  40,000
  Common stock, 2 par value 60,000
  Additional paid-in capital, common stock 480,000
  Retained earnings
 
  60,000
  Treasury stock (1,000 shares) (8,000 )
  Total shareholders' equity 632,000
 
  1. From which financial statement did the above information come?
 
  2. How many shares of common stock have been issued? shares
  3. What was the average selling price of a share of common stock?
 
  4. How many shares of preferred stock are issued?
 
  shares
  5. If you hold one share of the preferred stock, how much of a dividend would you expect for the year?
 
  6. Beginning retained earnings is 50,000 and net income is 17,800. How much of the dividends go to the common shareholders?
 
 
  7. If you hold one share of the common stock, how much of a dividend would you receive?
 
 
  What will be an ideal response?



cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

T

Answer to Question 2

1. balance sheet
2. 30,000 shares
3. 18
4. 400
5. 5
6. 5,800
7. 0.20 = 5,800 / (30,000  1,000 shares)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

For a complete list of videos, visit our video library