Question
if the beginning balance of the share capital for the year was $100,000 and share premium was $30,000. during the year the firm issues 10,000
if the beginning balance of the share capital for the year was $100,000 and share premium was $30,000. during the year the firm issues 10,000 $5 par value for $7 each. the balance at the end of the year for share capital is
Select one: a. $50,000 b. $150,000 c. $100,000 d. $170,000
all of below related to the quick ratio interpretation except:
Select one: a. how many dollars of quick current assets firm has to current liabilities. b. determine how quickly the firm can repay short-term debt by current assets. c. the norm is 1:1. d. it measures the liquidity of the firm.
Assume the following sales data for a company:
2011 $945,000
2010 845,000
2009 650,000
If 2009 is the base year, what is the percentage increase in sales from 2009 to 2010?
Select one: a. 130% b. 23% c. 30% d. 70%
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