Answer:
Dr Merchandise inventory 50,000
Dr Machinery 155,000
Dr Notes receivable 100,000
Cr Common stock 62,000
Cr Additional paid in capital in excess of par value 243,000
Explanation:
All outstanding stocks must be recorded at par value: 3,100 shares x $20 = $62,000. Any mount paid for the stocks in excess of par value must be recorded in the additional paid in capital in excess of par value account : $305,000 - $62,000 = $243,000
Answer:
overdraft fees
not 100% sure, but hope that helps
Answer:
B) $7.36
Explanation:
The preferred stocks' dividends = 8,000 x $20 x 10% = $16,000
To calculate earnings per share (EPS), we subtract the preferred stocks dividends from the net income = $200,000 - $16,000 = $184,000
Now we divide by the total number of common stocks = $184,000 / 25,000 shares = $7.36
*Convertible bonds are not included in this calculation, they should be included only after they are converted into stock.
I believe the answer would be D. I think
Answer:
b. 26
Explanation:
Marginal utility refers to the utility gained by the consumption of an additional unit of a commodity. It is the satisfaction enjoyed by a consumer for the additional use of a unit of a good or service.
Given that the total marginal utilities is 105 and the marginal utilities of the first, second, and fourth sodas are 35, 28, and 16 respectively, the marginal utility of the third soda
= 105 - (35 + 28 + 16)
= 26
