Answer:
$240,909
Explanation:
Given:
Number of common stocks issued = 10,000
Value of common stock = $5
Fair value per share = $25
Number of shares of $15 par value = 15,000
preferred stock having a fair value of $20 per share = $530,000
Total market value of the stocks = 10,000 × $25 + 15,000 × 20 = $550,000
Now,
The proceeds that would be allocated to the common stock will be
= 
= 
= $240,909
Answer:
12,600
Explanation:
Concept of Equivalent units of production measures the number of units in terms of percentage completion in input elements of the process.
<u>The equivalent units of production for materials</u>
Note : all materials are issued at the beginning of the process, therefore materials are 100% complete in both Widgets transferred out and Ending widgets.
Calculation :
transferred out (8,600 × 100%) = 8,600
ending inventory (4,000 × 100%) = 4,000
total = 12,600
Therefore, the equivalent units of production for materials in the Machining Department is 12,600.
Well you should definitely do some appetizers. Try jalapeno poppers or mozzarella sticks.
You can't go wrong with cheese <span />
Answer:
d) 48.34 days
Explanation:
Calculation to determine what Its days' sales uncollected equals
Using this formula
Days' sales uncollected=Ending accounts receivable÷Net sales *365 days
Let plug in the formula
Days' sales uncollected=$4,000÷$30,200*365 days
Days' sales uncollected=48.34 days
Therefore Its days' sales uncollected equals:48.34 days
Answer:
Explanation:
You have to consider interest rates and tax situations. Payments made in lump sum would attract higher interest rates than payments made in part, this will have an effect on the net present value.
If cash proceeds from payments are meant for Investments, then a lump sum payment is preferable.
