Answer: Purpose is something that influences goal. And objective is the specific action which one try to achieve as a short term plan.
Explanation:
C. Revising is always required or at least advised
Answer:
4. $3.00...$2.73
Explanation:
Basic EPS = Net income/average number of shares outstanding
= 1500000/500000
= $3 per share
Diluted EPS = 1500000/(500000 + 50000)
= $2.73 per share
Therefore, Colt should report earnings per share for 2018:
Basic Earnings Per Share of $3
Diluted Earnings Per Share of $2.73
<span>The two basic sources of stockholders' equity are paid-in capital and retained earnings. Stockholders' equity is represented by the equity stake that is held on the books by a firm's equity investors. Paid-in capital is the amount of money (capital) that is paid in by the </span>investors when common or preferred stock being issued. Retained earnings are shown as a percentage of the net earnings that are not paid out as dividends but kept in the corny to be reinvested.
Answer:
C. Recorded using a Create Invoices window
Explanation:
Credit sales refers to the purchases made by customers for which payment is delayed. A reasonable payment delay allows customers to make additional purchases as delayed payments allow customers to generate cash with the purchased goods which in turn can be used to pay back the seller.
These are purchases made by a customer that do not require a full payment at the time of purchase.
Credit sales to customers are <u>recorded using a Create Invoices window.</u>
