A summation of the dollar value of items in a batch is called a ...

[Lobcity]

A summation of the dollar value of items in a batch is called a hash total.
  Indicate whether the statement is true or false

Question 2

In 2011, Bijoux, Inc. sold 35,000 shares of the 1,500,000 shares of 1 par value common stock it is allowed to sell. The shares sold for 8 each.
 
  Bijoux bought back 4,000 shares of its stock at a cost of 6 each. Bijoux declared and paid a 0.20 per share dividend to its common shareholders. Bijoux has no preferred stock.
 
  1. The number of shares of common stock authorized is: shares
  2. The number of shares of common stock issued is: shares
  3. The number of shares of common stock outstanding is: shares
  4. Total dividends paid for the year ended December 31, 2011 is:
  5. Common stock balance at December 31, 2011 is:
  6. Additional paid-in capital balance at December 31, 2011 is:
  7. Treasury stock balance at December 31, 2011 is:

[manuelcastillo]

Answer to Question 1

F

Answer to Question 2

1. 1,500,000 shares
2. 35,000 shares
3. 35,000  4,000 = 31,000 shares
4. 31,000 shares x 0.20 = 6,200
5. 35,000 shares x 1 par = 35,000
6. 35,000 shares x (8 - 1 par) = 245,000
7. 4,000 shares x 6 = (24,000 )