Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 06, 2024

Walmart Inc. issues 50,000 shares of common stock with a par value of $50 per share. If the issue price is $120 per share, calculate

·Walmart Inc. issues 50,000 shares of common stock with a par value of $50 per share. If the issue price is $120 per share, calculate the amount of capital contributed by shareholders and the additional paid-in capital.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey of Accounting

Authors: Carl S. Warren

8th edition

1305961889, 978-1337517386, 1337517380, 978-1305961883

More Books

Students also viewed these Accounting questions

Question

★★★★★

Stock market analysts are continually looking for reliable predictors of stock prices. Consider the problem of modeling the price per share of electric utility stocks (Y). Two variables thought to...

Answered: 1 week ago

Question

★★★★★

Use the Kapustinskii equation and the ionic and thermochemical radii given in Resource section 1 and Table 4.10, and r(Bk 4+ ) = 96 pm to calculate lattice enthalpies of (a) BkO 2 , (b) K 2 SiF 6 ,...

Answered: 1 week ago

Question

★★★★★

With a good fitting regression model, why are the standardized residuals expected to fall between 3 and 3?

Answered: 1 week ago

Question

★★★★★

Maloney Pharmaceuticals manufactures an over-the-counter allergy medication called Breathe and is trying to win market share from Sudafed and Tylenol. Maloney Pharmaceuticals has developed several...

Answered: 1 week ago

Question

★★★★★

QUESTION 8 The cutting department's Work in Process inventory on May 1 is 2,000 units and its Work in Process inventory on May 31 is 1,800 units I# 10.000 units were completed during the period, how...

Answered: 1 week ago

Question

★★★★★

Low pH food are more stable due to inhibition of growth of spoilage microorganism. The pH of the food must be. O >4.7 O 7.5 O 5.5> O None of the given

Answered: 1 week ago

Question

★★★★★

Parts arrive at a lathe at a rate of 20 every half hour. Each part must be processed on the lathe for 0.5 minutes. What is the utilization for the lathe?

Answered: 1 week ago

Question

★★★★★

Use Linux commands to complete the following task. a. Perform a system update using root privileges b. Create a folder in the user directory named MYFOLDER c. Create a file with the name INDEX d....

Answered: 1 week ago

Question

★★★★★

2. Suppose I have a class B ID: 189.126.0.0/24, and I want to create 6 new subnets. A.What is the new subnet mask? B.How many usable host IDs for each new subnet? C.List each network ID, the useable...

Answered: 1 week ago

Question

★★★★★

Prepare a cash budget for each of the six months ended 31 December 2021 (b) Prepare the forecast income statement for the six months ended 31 December 2021. (c) Explain THREE (3) purposes of...

Answered: 1 week ago

Question

★★★★★

Q5 24 Points Consider a finite one-period financial model with trading times {0, 1} and sample space = {w, w}. Let V1,..., V" denote securities whose payments at time 1 are given by V (wi)={ 1 i=j 0...

Answered: 1 week ago

Question

★★★★★

Brief Exercise 15-4 Wildhorse Corporation issued 325 shares of $10 par value common stock and 155 shares of $50 par value preferred stock for a lump sum of $19,800. The common stock has a market...

Answered: 1 week ago

Question

★★★★★

16-11 (Issuance, Exercise, and Termination of Stock Options) On January 1, 2008, Titania Inc. granted stock options to officers and key employees for the purchase of 20,000 shares of the companys $10...

Answered: 1 week ago

Question

★★★★★

(Issuance, Exercise, and Termination of Stock Options) On January 1, 2006, Nichols Corporation granted 10,000 options to key executives. Each option allows the executive to purchase one share of...

Answered: 1 week ago

Question

★★★★★

(Weighted-Average Number of Shares) Newton Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,000,000 shares of $10 par common stock. At no time has Newton issued...

Answered: 1 week ago

Previous Question Next Question