Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
a. At The End of Period Outstanding Shares = Issue Share + Beginning Shares + Resold Share - Repurchase Share
= 1,200 + 2,400 + 50 - 230
= 3,420 Shares
B) Issued Shares = Issued Shares + Beginning Shares
= 1,200 + 2,400
= 3,600 Shares
c. The c part is shown in the excel spreadsheet kindly find it below.
d). Balance Sheet
Particular Amount ($)
Common stock $25,200
PIC in excess of treasury stock $50
PIC in excess of common stock $38,300
Retained earnings $74,600
Less-treasury stock -$4,680
Total equity of stockholder $133,470
Answer:
A) the firm should hire additional workers.
Explanation:
if the marginal production of the tenth worker is 5 units or output and the price of each unit is $4, the the workers total marginal product revenue (MPR) = 5 units x $4 per unit = $20
Since the cost of hiring that tenth worker is $15 (less than MPR), then the company should hire more additional workers until the MRP = labor cost
Answer:
The correct answer here is $2000.
Explanation:
Given information -
Original value of asset - $28,000
Fair market value - $35,000
Equipment received in exchange of transaction - $2000
For taking out the Arlington's gain or loss on the exchange we will select the lesser of the f\given two, which are fair market value of equipment which is $2000 and other one is gain recognized by - $35,000 + $2000 - $28,0000 = $9000, so the lesser of the two is $2000.
By definition, a recession is a temporary period in a business cycle wherein a decline in the economy is generally observed which causes the Gross Domestic Product or GDP to significantly drop. In addition, that would also yield to increase of unemployment rate decreasing the income of people.
Answer and Explanation:
The computation is shown below:
a. The receivables Turnover Ratio and Inventory Turnover Ratio is
receivables Turnover Ratio is
= Net credit sales ÷ average account receivable
= $86,000 ÷ ($6,500 + $6,900) ÷ 2
= $86,000 ÷ $6700
= 12.84 times
Inventory turnover ratio is
= Cost of goods sold ÷ average account receivable
= ($86,000 × (1 - 49.8%) ÷ ($7,280 + $7,300) ÷ 2
= $43,172 ÷ $7,290
= 5.92 times
b. The average days to collect receivables and inventory is
For receivables
= 365 ÷ 12.84 times
= 28.43 days
For inventory
= 365 ÷ 5.92
= 61.66 days