Answer:
a. $1,32
Explanation:
<em>Hi, I have attached the full question as pdf below !</em>
Basic Earning per Share = Earnings attributable to Common Stockholders ÷ Weighted Average Number of Common Stocks outstanding
<em>Workings</em>
Basic Earning per Share = [$1,230,000 - ($1,990,000 x 7% x 80%) - ($4,110,000 x 7%)] ÷ 627,000 =
Diluted Earning per Share = Adjusted Earnings attributable to Common Stockholders ÷ Adjusted Weighted Average Number of Common Stocks outstanding
Answer:
Explanation:
The journal entries are shown below:
1. Purchase A/c Dr $8,500
To Accounts payable A/c $8,500
(Being purchase of inventory is made on credit)
2. Freight-in A/c Dr $45
To Cash A/c $45
(Being freight charges is paid for cash)
3. Purchase A/c Dr $11,985
To Accounts payable A/c $11,985
(Being purchase of inventory is made on credit)
4. Account payable A/c Dr $20,485 ($8,500 + $11985)
To Cash A/c $20,280.15
To Purchase discount A/c 204.85 ($20,485 × 1 %)
(Being the payment is recorded)
Answer:
The answer is "Complete but not absolutely right".
Explanation:
In production technique segments, it should first calculate the cost of fuel per mile and afterward measure the depreciation.
Calculating Depreciation:
The account that’s compounded continuously is the better investment long-term because you accrue interest on top of interest on a daily basis which grows exponentially.
