Answer:
1. After the split, how many shares of common stock are outstanding and what is their par value per share?
40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split
par value of each stock = $2 / 2 = $1
Aren't both questions the same?
2. After the split, the number of shares outstanding is <u>80,000</u> and the par value per share is <u>$1</u>.
Explanation:
When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.
Answer:
Units to be produced will be 540
So option (a) will be the correct answer
Explanation:
We have given number of units sold = 500 units
Beginning inventory is given = 60 units
And ending Inventory= 100 units
We have to find units to be produced
Units to be produced is given by
Units to be Produced= Ending Inventory + Units to be Sold - Beginning Inventory = 500 + 100 - 60 = 540 units
So 540 units are produced
So option (a) will be the correct answer
Answer:
Option B. Maintain barriers between departments
Explanation:
The reason is that Deming's 14 principles talk about the transformation and achieving better results by eliminating the barriers involved in transforming. Deming said that all those elements that are barrier to improvement, cost reduction and quality must be eliminated and a system of transformation must be designed that promotes constant improvement, change adoption, elimination of quotas and numerical goals, elimination of barriers between department so that better results like quality improvement and cost reduction can be achieved.
Hence saying Daming said that the barrier between departments must be maintained is wrong as it is barrier to transformation.
Answer:
8 units
Explanation:
P = $68 per unit
MC = 9q
Fixed cost = $60
It is noted that seller can sell as much as a product at $68 per unit. This means that the firm is price taken, hence, it is case of perfect competition.
For a perfectly competitive firm, the optimal output is at: P = MC
i.e. 68 = 9q
=> q = 68/9
=> q = 7.556
> q = 8
So, the optimal output level is 8 units.
Answer:
A. Assets=Liabilities + Shareholders' equity
=$10,650 -$10,650
B . Assets = Liabilities + Shareholders' equity
-$1,900 = -$1,900
Explanation:
To indicate the amount and direction for increase or-for decrease of effects
a)Dr Bad Debt Expense $10,650
($21,550 - $10,900)
Cr Allowance for Doubtful Accounts $10,650
Assets = Liabilities + Shareholders' equity
=$10,650 -$10,650
b)Dr Allowance for Doubtful Accounts $1,900
Cr Accounts Recivables $1,900
Assets = Liabilities + Shareholders' equity
-$1,900= -$1,900