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What is the number of common shares outstanding at december

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Reference no: EM132490536

Question 1) Please consider the following information related to Manchester City Inc. for 2018:

Cost of goods sold is $100,000
Accounts payable increased by $2,000
Inventory increased by $5,000

  1. Cash paid to suppliers is?

Question 2) Crystal Palace Inc. has 2,400,000 shares of common stock authorized, of which 2,000,000 are outstanding at the beginning of 2019. On June 30, 2019, an additional 200,000 shares of common stock were issued. On September 30, 2019 the company repurchased 500,000 shares of common stock. What is the number of common shares outstanding at December 31, 2019?

Question 3) Southampton Inc. issued 8% bonds with a face amount of $100 million on January 1, 2018. The bonds mature on December 31, 2032 (15 years). The market rate is 10%. Interest is paid semi-annually on June 30 and December 31.

What is the present value of the bonds on January 1, 2018 (rounded to the nearest thousand)?

Reference no: EM132490536

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