Answer: A. debit of $3,745 to Premium on Bonds Payable.
Explanation:
The carrying value of the bonds at redemption date is $103,745.
The bonds retired however, had a face value of $100,000.
The company therefore paid a premium on these bonds which is:
= 103,745 - 100,000
= $3,745
This amount will be debited to the Premium on Bonds Payable account.
Answer:
too crowded. better to be happy alones at homes with computers. unless you got a big home with a lot of rooms and can still be alones
Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01
Answer:
$5.31
Explanation:
Earnings per share = Earnings Attributable to Holders of Common Stock ÷ Weighted Average Number of Common Stocks Outstanding
<em>where,</em>
<u>Earnings Attributable to Holders of Common Stock is :</u>
Net Income $650,000
Less Preference Stock dividend ($71,000)
Earnings Attributable to Holders of Common Stock $579,000
<em>and</em>
<u>Weighted Average Number of Common Stocks Outstanding :</u>
Common Stocks at Beginning outstanding 100,000
Stocks Sold at Weighted Average (18,000 / 2) 9,000
Weighted Average Number of Common Stocks Outstanding 109,000
therefore,
Earnings per share = $579,000 ÷ 109,000
= $5.31
The 2021 basic earnings per share is $5.31.
Internal growth rate is calculated by dividing retained earnings by total assets.
Retained earnings is calculated by subtracting dividends from net income
So: Retained earnings would be 12,493 - (12,493 X .4)
Then to find internal growth rate take your retained earning from above and divide by total assets (the total on the balance sheet : 106,900).
