SKYBLUE1015
02.03.2020 •
Business
Tom recently purchased a home in a residential subdivision. While mowing his lawn and planting new shrubs for the first time, Tom’s neighbor informed him that he was violating one of the subdivision’s rules which required the use of a specific professional lawn service for all property landscaping needs. Assuming this requirement can be enforced, this would be an example of a(n):
restrictive covenant.
lien.
easement.
estate
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Ответ:
c. $488,500
Explanation:
The computation of the total stockholder equity at the end of 2021 is given below:
Common stock issued(17000 × 8)$136,000.00
Another common stock issue(34000 × 9)$306,000.00
Net income $170,000.00
Less: Dividends $(85,000.00)
Less: Treasury stock purchase(3500 × 11) ($38,500.00)
Total Stock holder equity $488,500.00