Answer: Wolken issued new common stock in 2015.
Explanation:
From the information that have been provided in the question, we can see that in 2015, the common stock was 3,000,000 while in 2014, the common stock was 2,000,000. This shows that there was an increase of: (3,000,000 - 2,000,000) = 1,000,000 new common stock.
Wolkem did not have a negative me income in 2015 and also didn't issue long term debt in 2015 as he had the same amount of long term debt for 2014 and 2015 which was 2,400,000.
Therefore option C is the correct answer as Wolken issued new common stock in 2015.
Answer:
Correct option is G
Explanation:
Since required return on investment =10%
Thus discount factor = 1.1
Present value of stock = 2.2/1.1 + (14.6 + 2.4)/1.1^2
= $16.04
Answer:
Explanation:
question a) Total current assets plus the total fixed assets results in total assets.
question b) Net sales over total assets results in asset turnover.
question c) Net slaves minus cost of goods sold is equal to gross margin
question d) gross margin minus operating expenses is equal to net operating profits (before tax)
question e) Net profit before tax minus taxes is equal to net profit (after tax)
question f) Net profit after tax over net sales is equal to net profit margin (%)
question g) Net profit margin(%) over asset turnover is equal to return on assets.
Answer:
The income statement
Explanation:
The income statement is the document prepared accountants showing the earning of a company at the end of a financial year. The income statement is the profit and loss statement. It tells the business owners and other stakeholders how much profits the business has made. The income statement communicates vital information regarding business performance, such as total revenues, gross profits, and net expenses.
The income statement does not give all the business the information. Accountants will also prepare the balance sheet. A balance sheet shows the assets and liabilities of the business.
A cash flow statement is also prepared. It shows how much cash is available to pay bills, salaries, and debts.
Answer:
here are summarised advantages and disadvantages of using mall style commerce service provider .
ADVANTAGES
- it makes online payment processing very much possible
- provision of internet connection
- offering of free website hosting for ads display on there website
- provision of shopping cart software's
- one time set-up fee is being charged compared to other service provider who charges differently usually monthly fees.
DISADVANTAGES
- Heavy online traffic,
- Data mining is the concept that is used to determine and discover previously unknown relationships among data
Explanation:
