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Serhud [2]
3 years ago
14

Dali Company has 15,000 shares of stock authorized on January 1. Dali issues 4,500 shares to the stockholders during the year an

d then the company repurchases 1,500 shares as treasury stock. Based on this information, how many shares are outstanding at December 31?
Business
1 answer:
olga2289 [7]3 years ago
4 0

Answer:

3,000

Explanation:

Data provided in the question:

Number of shares authorized = 15,000

Number if shares issued = 4,500

Number of shares repurchased = 1,500

Now,

Total shares outstanding =  Shares issued - Shares repurchased

or

Total shares outstanding = 4500 - 1,500

or

Total shares outstanding = 3,000

Hence,

3,000 shares are outstanding at December 31

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The current market value of the assets of AMN Co. is $47 million, with a standard deviation of 21 percent per year. The firm has
larisa [96]

Answer:

The answer is "1.38357"

Explanation:

Given values:

The current market value of the assets (s)= $ 47

standard deviation(\sigma) = 21%

risk-free rate (r)=3.6%

Exercise price (X) = 35

Maturity time (T)= 2 year

Formula:

\bold{d1 =\frac{\frac{s}{X}+(r+0.5 \times \sigma^2)\times T}{\sigma \times \sqrt{T}}}\\\\

by solving the given values, we get the d1 value that is "1.38357"

8 0
3 years ago
Energy Resources Ltd. does business in 50 countries around the world. The company stresses to all employees the importance of un
Lady_Fox [76]

Answer:

The correct answer is cross-cultural literacy

Explanation:

Understanding the culture of the people of the host communities is vital to a multinational company survival in foreign countries as the host communities' acceptance plays a pivotal in the area of employing locals as well as ensuring no distruption to the business of Energy Resources Limited.

In understanding the culture of the people, employees are expected to carry out a careful and detailed evaluation of the norms, values, customs and beliefs of the locals to provide a basis for dealing and communicating with them in order to advance the interest  of the company.

6 0
3 years ago
Read 2 more answers
Target is seeking a new distribution system because A. competition from Amazon and Walmart is intense. B. it needs to speed up r
podryga [215]

The target is exploring a new distribution strategy aimed at speeding up re-cutting and making the seller more inclined as they compete with competitors such as Amazon and Walmart.

<h3>What new distributive strategy Target is focusing on?</h3>

Target is trying a new strategy to distribute products in its stores. The aim is to integrate the target completion cycle from days to hours and to reduce the number of goods in stores.

The center sends small items and often to stores while using the same inventory to fill online orders.

Thus, the correct statement is Option B.it needs to speed up restocking.

Refer distributive strategy for more details,

brainly.com/question/5575565

#SPJ1

6 0
2 years ago
Fit &amp; Slim (F&amp;S) is a health club that offers members various gym services.
Hoochie [10]

Answer:

a. they are separate performance obligations

normal price of annual membership = $1,140

one yer enrollment in yoga = $600 x (30% - 10%) = $120 x 50% = $60

total $1,200

% of price allocated to:

annual membership = ($1,140 / $1,200) x $1,100 = $1,045

discount voucher = $1,100 - $1,045 = $55

b. the journal entry should be

Dr Cash 1,100

    Cr Unearned revenue, membership fees 1,045

    Cr Unearned revenue, discount voucher 55

6 0
3 years ago
You first look at the trial balance. In addition to the account balances reported in the income statement, the ledger contains t
Greeley [361]

Answer:

rent revenue 21,500 debit

  unearned revenue  21,500 credit

--to amend incorrect recognition of revenue--

Supplies expense  4,070 debit

              Supplies          4,070 credit

--to record use of supplies--

Insurance expense  1,875 debit

              Prepaid Insurance 1,875 credit

--to record use of supplies--

advertizing expense 150 debit

repair expense        1050 debit

utilities expense       200 debit

    account payable           1,400 credit

--to record accrued expenses--

wages  expense   810 debit

   wages payable       810 credit

--to record accrued wages--

interest expense 420 debit

  interest payable    420 credit

--to record accrued interest--

Explanation:

#1 unearned revenue

The company should not recognize the summer-month occupancy as this occurs between April and June thereofre it is unearned The company has an obligation to perform. To give the rental space thus it is a liability not earnings.

#2 Supplies adjustment:

Jan 1st $4,600 - March 31st $530 = $4,070 supplies expense

#3 expired insurance:

value per month: $7,500 / 12 months = 625

month expired between Jan 1st and March 31st: 3

total value f expired insurance: $625 per month x 3 month = 1,875

#4 accured expenses concetps were incurred and we most recognize them

#5 each day $270 times 3 days accrued = 810 total wages accrued

#6 accrued interest expense: principal x rate x time

$21,000 x 0.08 x 3/12 = $420

3 0
3 years ago
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