【单选题】Davidson Corporation had the following transactions: (1) Issued five million shares of $2 par value preferred stock at a price of $10. (2) Purchased 100000 shares of its own common stock as treasury s...
【单选题】The balance sheets of Davidson Corporation reported net fixed assets of $320,000 at the end of 2018. The fixed-asset turnover ratio for 2018 was 4.0, and sales for the year totaled $1,480,000. Net fix...