Answer: 20,714,286 shares
Explanation:
Find out the number of shares that was repurchased:
= Amount raised / stock price
= 240,000,000 / 7
= 34,285,714 shares
Number of shares after recap:
= Number of shares before recap - Shares repurchased
= 55,000,000 - 34,285,714
= 20,714,286 shares
Answer: Chain of command
Explanation:
The chain of command is one of the type of official organizational hierarchy in which the various types of relationship are establishing the accountability and the power for making the various types of decisions.
The chain of command is basically responsible for filing various types of issues or complaints in an organization for the employees or workers.
According to the given question, the salesperson is experiencing the issue with the chain of command as salesperson is working in the shipping department and the company's accounting department told him to turn his weekly account of the expenditure.
Therefore, Chain of command is the correct answer.
Answer:
<u>Cowboy Law Firm</u>
<u>Income statement for the period ended December</u>
Amount in $
Service revenue 8,500
Utilities (1,000)
Salaries expense <u> (1,300)</u>
Net income/(loss) <u> 6,200</u>
Explanation:
An income statement is a part of the financial statements that shows how profitable the activities of an entity was for a given period of time. It is usually stated as the income statement for a period end.
The elements of the income statement include the revenue otherwise called sales, expenses including cost of goods sold, operating expenses etc and the profit or loss as well as the other comprehensive income/loss.
Its is B) eliminate certain types of debt.
This is the correct answer of E d g e n u i t y as well
Answer: <em>Cost of Goods Manufactured = $ 660,000</em>
Explanation:
Direct Material Used $ 240,000
Direct labor $ 250,000
Manufacturing overheads applied $ 150,000
Total manufacturing Cost $ 640,000
Add: Work in process $ 40,000
Total Manufacturing cost $ 680,000
Less: Work in process $ 20,000
Cost of Goods Manufactured $ 660,000
