Answer:
EOQ= 255 units
Explanation:
<u>Economic order quantity (EOQ)</u> is the ideal order quantity a company should purchase to <u>minimize inventory</u> costs such as holding costs, shortage costs, and order costs.
<u>To calculate the EOQ, we need to use the following formula:</u>
Economic order quantity (EOQ)= √[(2*D*S)/H]
D= Demand in units
S= Order cost
H= Holding/carriying cost
EOQ= √[(2*900*20)/0.6]
EOQ= 255 units
Answer:
The answer is: C) internal secondary
Explanation:
Internal secondary data is data that was collected by other members of your organization (through different activities) and is stored inside the organization. In this case the sales reports (completed by the sales department) are used by a different department in the company (marketing).
Answer:
If company issued stock dividend then
company's retained earnings will decrease by stock dividend's market value and company's additional paid in capital will increase.
in this question 5% stock dividend declared
answer is
Additional paid in capital Retained earnings
c Increase Decrease
Answer:
B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000
Explanation:
Whenever shares are issued at a price higher than the par value, then the additional value that is higher than par value is is added to paid in capital in excess of stated common capital.
Here, in the given case stated capital = 10,000 
$3 = $30,000
Paid in capital in excess of stated capital = 10,000 ($16 - $3) = $130,000
Thus, correct entry will include credit to both of the above.
Therefore, correct option is
B. Paid-In Capital in Excess of Stated long dash Common for $ 130,000
Answer:
$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.
Explanation:
The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.
Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000
Common stock dividend = $50,000 - $5,000 = $45,000
