Based on the stockholders' equity section of Your Nesting Place, answer the following questions. Remember that all amounts are presented in thousands. 3. If the common shares were issued at
$23
per share, at what average price per share were the preferred shares issued? 4. If retained earnings at the beginning of the period was
$243
million and
$23
million was paid in dividends during the year, what was the net income for the year?

Respuesta :

According to the company's articles of incorporation, authorized share are the most shares it is permitted to offer to investors.

What does incorporation mean?

How does incorporation work? By registering with a state, a business can get incorporated and become its own legal body. By incorporating, you may be creating one of several legal entities, such as an S-corporation, C-corporation, or limited liability business (LLC).

What does incorporation serve to accomplish?

What do the articles of incorporation serve? Incorporators are crucial records since they demonstrate legally that your business has been set up in your state.

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