Answer:
Explanation:
Authorized shares are the number of shares that a corporation is legally allowed to issue, while outstanding shares have already been issued. Thus, the number of outstanding shares is always equal to or less than the number of authorized shares.
Answer:
N = 5 years
Explanation:
At first we have to calculate the number of periods to determine at which part of the table we should look at.
Given,
PV = $20,000
FV = $32,000
Interest rate, i = 0.10 (10%)
Number of periods, n = ?
We know, Future value, FV = PV × 
or, $32,000 = $20,000 × 
or, 1.6 = 
As the factor is 1.6, we will look at the following image which is the FV factor table to find the number of periods.
We can find it in a different way too.
log 1.6 = n log 1.10
or, n = 
or, n = 4.93 years
Therefore, n = 5 years
"Gross pay"
Gross pay is <em>before </em>taxes and withholdings, net pay (aka take-home pay) is what is left over <em>after </em>taxes/etc are taken out.
Solution:
1.
The average snowfall in cincinnati over this period was 28 inches.
In the city cincinnati, snowfall (inches) in january and february is 18 and 38 respectively :
Average snowfall = {18+38}/{2} = 28 inches
2.
If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.
If the march data on snowfall is above the average snowfall in January and February (i.e 28 inches), the monthly average will rise because, any snowfall data in march which is greater than 28 inches will lead to rise in monthly average.
For e.g , suppose, If we consider snowfall (inches) in march is 30 inches, than monthly average is :
Monthly average snowfall= {18+38+31} / {3}= 29 inches
which is greater than 28 inches.
Therefore, If the march data on snowfall is above the average (i.e 28 inches), The monthly average will rise.
Answer:
12,184,700
Explanation:
The gross billing for merchandise old on cullumber company last year was 12,720,000
The sales return and allowance is 360,000
The sales discount is 175,300
Therefore the net sales for last year can be calculated as follows
= 12,720,000-360,000-175,300
= 12,184,700
Hence the net sales last year for cullumber company is $12,184,700
