Answer:
The total stockholders' equity amounts to $640,000
Explanation:
The total stockholders' equity is computed as:
Total stockholders' equity = Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock
where
Common Stock is $375,000
Paid-In Capital in Excess of Par is 90,000
Retained Earnings is 190,000
Treasury Stock is 15,000
Putting the values in the above:
= $375,000 + $90,000 + $190,000 - $15,000
= $655,000 - $15,000
= $640,000
Answer:
$5174.75
Explanation:
(21600-14780-2000)*1.22*0.88=5174.75
Answer: $225,000
Explanation:
Given that,
Company acquired a mine = $970,000 of this amount,
Land value = $100,000 and remaining portion to the minerals in the mine
Ore appear to be in the mine = 12,000,000 units
Aristotle incurred development costs = $170,000
fair value of its obligation = $40,000
ore were extracted = 2,500,000 units
Units sold = 2,100,000

=
= $0.09 depletion per unit
The total amount of depletion for 2017 = depletion per unit × ore were extracted
= $0.09 × 2,500,000
= $225,000
Answer:
<u>a. Zero dividend.</u>
<u>b. 3.5 new shares</u>;
<em>texes will be paid.</em>
<u>Explanation:</u>
a. March 20 is a date earlier than when the dividends are too be paid on April 18, and as such Wilfred Nadeau<em> will not</em> receive any dividend if he sells his stocks since he no longer has ownership of them.
b. 45 cents dividends per 300 stocks of Wilfred is $135 (reinvestment dividend plan).
With a discount of 3.4% at $39.8 (3.4%*39.8) current price per stock makes the total cost per stock after discount= $38.4.
Dividing the reinvestment dividend plan over the discounted price (135/38.4) = 3.5 new shares, According to the requirements of law the investor must still pay tax annually on his or her dividend income, whether it is received as cash or reinvested.
Answer:
The correct option is
Merit
Explanation:
The equal pay act became law in 1963 , it mandates employers to pay workers equal pay for performing the same job irrespective of their gender.