![gatornathan79](/avatars/26978.jpg)
gatornathan79
05.05.2021 •
Business
Coronado Company is authorized to issue 9000 shares of 9%, $100 par value preferred stock and 522000 shares of no-par common stock with a stated value of $1 per share. If Coronado issues 4500 shares of preferred stock for land with an asking price of $571000 and a market value of $547000, which of the following would be the journal entry for Coronado to record?
(a) Land 571000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 121000
(b) Land 547000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 97000
(c) Land 450000
Preferred Stock 450000
(d) Land 547000
Preferred Stock 547000
Solved
Show answers
More tips
- F Food and Cooking Why Doesn t the Confirmation Link Come to Email?...
- L Leisure and Entertainment What Movies You Should Watch: A Guideline to Make the Right Decision...
- F Family and Home How to Choose a Baby Stroller: Tips from Experienced Parents...
- H Health and Medicine 5 Simple Steps to Quit Smoking for Good...
- H Health and Medicine Coughing: Causes, Types, and Treatment Methods...
- H Health and Medicine How to Treat the Flu: A Comprehensive Guide...
- O Other What is a Disk Emulsifier and How Does it Work?...
- F Family and Home What does a newborn need?...
- F Family and Home Choosing the Right Car Seat for Your Child: Tips and Recommendations...
Answers on questions: Business
- B Business Bob at Bob’s Furniture is looking at a perceptual map about customers’ ideas about his products. The attributes customers care most about are price and comfort. They care less...
- B Business A 10-year, 8% coupon bond currently sells for $90. A 10-year, 4% coupon bond currently sells for $80. What is the 10-year zero rate? (Hint: Consider taking a long position in...
- B Business Suppose a firm is considering a $20 million project in Seattle that will last 4 years. Assume that cash revenues less cash expenses are $8.5 million for each of the 4 years. Additionally,...
- B Business nline ContentActiveClick to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to vquestionsOnline Content: Site 1How can good...
- B Business The annuities described in parts a and b have the same total amount of money paid into them during the 5-year period, and both earn interest at the same nominal rate, yet the...
- B Business Consider three bonds with 6.80% coupon rates, all making annual coupon payments and all selling at face value. The short-term bond has a maturity of 4 years, the intermediate-term...
- H History Nasa’s first attempt to achieve human space flight was called the...
- G Geography Country a exports technology, petroleum, and automobiles. country b makes most of its money exporting steel and steel products. a new metal is discovered that is more affordable...
- P Physics What is the equation to finding watts?...
- M Mathematics 4. kyle uses a school gym to run a weekly yoga class. he must pay the school a fee for the use of the gym. eachperson who comes pays x dollars. the amount of profit kyle makes...
Ответ:
You do this on a calculator.
You type in: 28 ÷ 86 and then the percent button which will give you the answer, for any question like that is the same formula.