1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksana_A [137]
3 years ago
5

BE16.11 (LO 4) Tomba Corporation had 300,000 shares of common stock outstanding on January 1, 2020. On May 1, Tomba issued 30,00

0 shares. (a) Compute the weighted-average number of shares outstanding if the 30,000 shares were issued for cash. (b) Compute the weighted-average number of shares outstanding if the 30,000 shares were issued in a stock dividend.
Business
1 answer:
Butoxors [25]3 years ago
8 0

Answer

1) Issued for Cash

Weighted Average number of shares at year end 330,000

b) Issued for Dividends

weighted Average number is 320,000

Explanation:

The Weighted average number  (assuming year end is 31 December)

300000 * 12/12 = 300000 full year

30000 = 30000

issued for dividends

Weighted average number

300000 * 12/12 = 300000 full year

30000 * 8/12 = 20000

total at year end 320000 shares

You might be interested in
Identify one environmental factor or risk that affects the decision-making opportunities within your organization. Provide a bri
Aneli [31]

Answer:

Explanation:

Businesses can be affected by various environmental facors as political, economic, social and technological facors (PEST). All of these factors influence the decision making within the organization.

Let's briefly describe each of the factors:

1. Political factors: In some countries there are subsidiaries and tax exemptions for running a particular businesses. For example, tax exemptions for those doing green business or producing electric cars. In order to adress such risks, business people should investigate about legislation and political environment of countries.

2. Economic factors: Businesses are affected by economic well being of the market where it is based. For example, market largely differs in European ccountries and Central Asian countries. Most of the countries in Central Asia are developing countries, whereas European countries are developed and have economic stability. To handle such risks, businessman should research the potential markets on the issues of inflation rate, average income of people and etc.

3. Social factors: How society views the markets and what it demands. Some support green initiatives and want zero waist products and etc.

4. Technological environment: In case of electro cars, if there are no energy for charging them that could be the potential issue. Or if market is not really technologically advanced, business will need to educate the market about their innovational products and etc.

In order to manage such concerns there should be particular research and investigations held and of course financial requirements are important and should be met for budgeting purposes.

8 0
3 years ago
Umatilla Bank and Trust is considering giving Pronghorn Corp a loan. Before doing so, it decides that further discussions with P
pickupchik [31]

Answer:

$306,620

Explanation:

Umatilla Bank and Trust

The Unadjusted inventory is $277,880

Adjustments:

1. No adjustment because the ownership is already been transferred to the buyer at shipping point.

Hence , the goods are not included in value of inventory.

2. No adjustment as the ownership will as well make transfer once the other pay will receive the inventory but the inventory is not yet recieved.

3. 27,180 ownership is with Pronghorn Corp that means it should be included in the inventory

4. 46,830 ownership is been retained by Pronghorn Corp, the inventory will as well be be included

5. 45,270 ownership is not been retained be

by Pronghorn Corp, which means it has to be excluded from the inventory.

Hence:

The adjusted inventory will be:

277,880 +27,180+46,830-45,270

= $306,620

4 0
3 years ago
Two years ago, Jason Jennings and Mary Scott each owned a small chain of bagel restaurants in Orange County, California. Just re
ololo11 [35]

Answer:

What Jason Jennings and Mary Scott did with there firm is called merger.

Explanation:

Merger is when two existing independent business entities come together to become one entity. Some of the possible reasons Jason Jennings and Mary Scott decided to merge are:

To enjoy the economy of large scale production

The take advantage of synergy associated with merger

To reduce fixed cost

To make their business more competitive e.t.c.  

7 0
3 years ago
What is the basic difference between liability insurance and collision insurance?
Alla [95]
Liability insurance covers damage to the insured vehicle that occurs as a result of anything other than collision. This can be as a result of Mother Nature, fire or vandalism. Most insurance policies include hitting a deer<span> under the comprehensive insurance rather than collision. This can cause confusion.</span><span>


Collision insurance covers damage that occurs as a result of a collision with another vehicle or object. This coverage applies regardless of who is at fault in the accident. Collision coverage will handle damage from hitting a post, tree, curb or other various objects.


</span>
5 0
3 years ago
What information in a drawings title block identifies the project?
Oksi-84 [34.3K]

Answer:

/hhvkkkkkkkkkkkkkkkk

Explanation:

8 0
4 years ago
Other questions:
  • The belief that successful performance will result in some outcome(s) is known as:
    7·1 answer
  • Element Corporation reported the following equity section on its current balance sheet.
    13·1 answer
  • In the 21st century, we define justice as:
    14·1 answer
  • Explain what a data dictionary is, making sure to include definitions of the terms data element and record in your explanation.
    5·1 answer
  • contestants in a dance Marathon run for the same amount of time every hour couple dress for 27 minutes in 6 hours how long does
    7·1 answer
  • Describe the relationship between an individual consumer's demand and market demand
    7·1 answer
  • Monet Paints Co. is a newly organized business with a list of accounts arranged in alphabetical order, as follows:
    12·1 answer
  • 1.Have you or someone you know worked somewhere where the culture was strong? What was your reaction to that strong culture? Did
    5·1 answer
  • Impact of legislation on employees​
    5·1 answer
  • How did the population and economic patterns of the american west change because of governmental policies, such as the homestead
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!