1. On 1/1/2019, Hedex, Inc. has 2,500,000 shares of Common Stock authorized, 820,000 shares of Common Stock issued and 790,000 shares of Common Stock outstanding. During 2019, the company issued another 25,000 shares and reacquired 6,000 of its own shares as Treasury Stock. As of 12/31/2019, what is the number of shares of the companys Common Stock that would be outstanding?

a. 2,500,000

b. 2,519,000

c. 809,000

d. 790,000

e.849,000

2. Below is a list of accounts for New Nature, Inc.:

Depreciation Expense

Dividends

Rent Expense

Additional Paid in Capital

Common Stock

Supplies

Sales Revenue

Goodwill

Cost of Goods Sold

Inventory

Deferred Revenue

Which of these accounts appear on New Natures balance sheet?

3. Consider the following items:

Land Accounts Receivable Notes Payable (due in three years) Accounts Payable Retained Earnings Goodwill Deferred Revenue Buildings Inventory

Notes Payable Equipment

Which of the items listed above are generally current assets? (There are 2 current assets)