All categories

3 years ago

The following information pertains to JAE Corp. at January 1, 2018:

Business

1 answer:

son4ous [18]3 years ago

8 0

Answer:

Issued shares =5000

Outstanding shares = 4700

Explanation:

Jan-1 Issued shares = 2000 shares

During year 3000 shares were issued.

a.) Outstanding shares =?

we know that Outstanding shares = issued stock -repurchased shares- treasury stock

= 2000+3000-500+200

= 4700 shares.

b.) Shares of common stock issued=?

Number of issued shares = 2000+3000 = 5000 shares.

Number of outstanding shares will always be less than issued shares.

You might be interested in

In a(n) ________ channel, the same member both produces and distributes a product or service to consumers.

kompoz [17]

In a direct channel, the same member both produces and distributes a product or service to consumers.

<h3>What are Distribution Channels ?</h3>

Distribution channel (or supply chain) set of institutions that transfer the ownership of and move goods from the point of production to the point of consumption - consists of all the institutions and marketing activities in the marketing process.

There are two types of distribution:

Direct-occurs when the suppliers and the tourist deal directly with each other. A direct channel allows the consumer to make purchases from the manufacturer

Indirect- occurs when part or all of the functions are handled by an intermediary. A indirect channel allows the consumer to buy the goods from a wholesaler or retailer.

Therefore, we can conclude that the correct option is B.

Your question is incomplete, but most probably your full question was:

In a(n) ________ channel, the same member both produces and distributes a product or service to consumers.

a. tiered

b. direct

c. horizontal

d. vertical

e. exclusive

Learn more about Distribution Channels on:

brainly.com/question/11379146

#SPJ4

7 0

2 years ago

George is a captive agent with the Englewood Insurance Company. Being a captive agent means he has signed a

Olegator [25]

True

A captive agent means they have signed a contract to stay with the company for that many number of years

5 0

3 years ago

Ron Landscaping's income statement reports net income of $75,200, which includes deductions for interest expense of $13,200 and

kaheart [24]

Answer:

times interest earned= 9.49

Explanation:

Giving the following information:

Ron Landscaping's income statement reports net income of $75,200, which includes deductions for interest expense of $13,200 and income taxes of $36,900.

First, we need to calculate the income before taxes and interest expense:

EBIT= 75,200 + 13,200 + 36,900= $125,300

Now, to calculate the times interest earned we need to use the following formula:

times interest earned= EBIT/ interest expense= 125,300/13,200= 9.49

3 0

3 years ago

External debt A. is undesirablelong dash—only financially weak countries have it. B. is avoidablelong dash—only financially care

LuckyWell [14K]

Answer:

C. is ubiquitous, or omnipresent ----- all countries have it.

Explanation:

External loan -

It refers to some specific amount from the country's total debt , which comes from the foreign lenders , like international financial institutions , government and the commercial banks , is referred to as the external loan .

The loans need to be paid along with the interest rate .

The loan need to be paid on the very same currency by which the loan was taken .

Hence , from the given question ,

The correct answer is c.

4 0

3 years ago

In a recent year, BMW sold 216,944 of its 1 Series cars. Assume the company expected to sell 225,944 of these cars during the ye

Strike441 [17]

Answer:

Sales price variance = $43,388,800 Favorable

Sales volume variance = -$270,000,000 Unfavorable

Explanation:

Actual sales price per unit = $30,200

Budgeted sales price per unit = $30,000

Actual quantity sold = 216,944

Budgeted quantity to sell = Expected quantity to sell 225,944

Therefore, we have:

Sales price variance = (Actual sales price per unit - Budgeted sales price per unit) * Actual quantity sold = ($30,200 - $30,000) * 216,944 = $43,388,800 Favorable

Sales price variance is favorable because actual sales price per unit is greater than budgeted sales price per unit.

Sales volume variance = (Actual quantity sold - Budgeted quantity to sell) * Budgeted sales price per unit = (216,944 - 225,944) * $30,000 = -$270,000,000 Unfavorable

Sales volume variance is unfavorable because actual quantity sold is less than budgeted quantity to sell.

8 0

2 years ago