Answer:
- How many shares of common stock are outstanding?
C. 3,000
Explanation:
Treasury stock, are those that the company repurchase from the market and keep it in the company, in this case the company keep the shares in the accounting and the shares could be reissued in the future.
The company issued 9,000 shares, it is reflected in the Common Stock account, $90.000 / $10 = 9,000.
Then in the Treasury Stock account are registered the shares that the company repurchases from the market, these are, 6,000 shares.
Finally the total Common Shares outstanding are 3,000.
Answer:
A. maximizes the value of the firm.
Explanation:
Managers should select the capital structure that "A", maximizes the value of the firm.
He may select a capital structure with full debt or no debt, based on certain fact and conditions.
Capital Structure may result in Minimum taxes and generate Current level of Income but the most important is to maximize the value of the firm.
Answer:
The answer is 3 customer's per minute.
Explanation:
Arrival date = 3 per minute
Service rate = 11 seconds. = 5.45 seconds.
Average number in system = 3 ÷ (5.45-3)
= 1.3 customers per minute.
=
Answer and Explanation:
The computation is shown below:
a. The contribution margin ratio is
= (Selling price - variable cost) ÷ (Selling price)
= ($20 - $14.20) ÷ $20)
= 29%
b. The contribution margin per unit is
= (Selling price - variable cost)
= ($20 - $14.20)
= $5.80
c. The income from operations is
= $5.80 × 38,000 units - $108,000
= $112,400
Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences
Two occupations that pay entirely different wage are a lawyer and a housekeeper. One of the major reasons that there is a difference in the pay, is the requirements to obtain the job are vastly different. A lawyer requires years of school, passing standardized tests and more just to be qualified to apply for the position. A housekeeper can gain experience while working on the job without certifications.
