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scoray [572]
3 years ago
13

On January 1, 2015, a company had 250,000 shares of its $2 par value common stock outstanding. On March 1, the company sold an a

dditional 500,000 shares on the open market at $20 per share. the company issued a 20% stock dividend on May 1. On August 1, the company purchased 280,000 shares and immediately retired the stock. On November 1, 400,000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2015?
a. 477,777
b. 344,444
c. 750,000
d. 1,020,000
e. none of these answers are correct
Business
1 answer:
blsea [12.9K]3 years ago
4 0

Answer:

Answer is Option C: 750,000.

Explanation:

A stock dividend is a payment that is made to the shareholders in shares and not in cash. It increases the number of common shares that are representing the shareholder's investment.  When this occur, a company needs to restate the shares that were outstanding before the stock dividend.

When we calculate the weighted-average number of shares outstanding for 2015, we sum it for the whole year for all quarters.

Total for the whole year will come as 750,000.

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ShipIt Corporation reported the following rounded amounts (in millions): 2016 2015 Accounts Receivable $ 5,535 $ 5,240 Allowance
Amanda [17]

Answer:

a. 8.65 times

b. 42 days

Explanation:

The computation of Receivables turnover ratio and days to collect is shown below:-

a. Receivables turnover ratio = Net sales ÷ Average receivables

= $43,500 ÷ ($5,180 + $4,880) ÷ 2

= $43,500 ÷ ($10,060 ÷ 2)

= $43,500 ÷ $5,030

= 8.65 times

b. Days to collect = 365 ÷ Receivables turnover ratio

= 365 ÷ 8.65 times

= 42 days

6 0
3 years ago
Identify the type of data (qualitative/quantitative) and the level of measurement for the following variable. Explain your choic
zubka84 [21]

Answer: Temperature is a quantitative data.

Explanation:

A quantitative data deals with number and object that can b e measured objectively. Temperature is a quantitative data because it can be measured in numbers. Numerical values that are countable are assigned to it. Temperature is a quantitative data because numerical values, found by either measuring or counting are used to describe the data. Monthly temperatures are assign ed numerical  and countable values which can be measured objectively.

8 0
4 years ago
According to Wallach, what is short-termism, and why is it a problem?
lutik1710 [3]

Answer:

<em><u>short-termism </u></em>

Is the acting upon short term vision of the needs and problems that must be addressed. It is a problem because the vision that is important is the Long path vision.

<em><u>What is “longpath” and why did Wallach develop the concept?  </u></em>

Is a concept that combines long term vision and goal oriented. Wallach develop that concept as he did not find a term that frame what is intended in the long run that was goal oriented.

<em><u>Briefly discuss each of the three ways of thinking that Wallach describes.  </u></em>

Transgenerational thinking: Thinking the impact of your actions in the future generations to come.  

Futures thinking: The future is not related only with better technology but with how will human relationships, moral, art and feelings like compassion will evolve.

Telos thinking: This is an invitation to think having in mind what is the "ultimate aim" of our actions as little of they might be. It is important to raise the question: how this action that I am doing now will impact or change the future in 20,50 or 100 years to come.

<em><u>How does Wallach relate the future to a part of speech? </u></em>

Wallach make a link between Thomas Khun quote: “People don’t shift unless they have a vision of what it is they’re shifting to.” an Martin Luther King Speech of "I Have a Dream" he says that that speech is successful as it shows what is the vision of what a dream must looks like

5 0
3 years ago
The following facts relate to Pronghorn Corporation.
katrin [286]

Answer: I dont speak english but I'm going to try to help you

Explanation:

5 0
4 years ago
Donna is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she
frosja888 [35]

Answer: d. Perfect Plungers Plus; the smaller standard deviation indicates that Perfect Plungers Plus has less variability in its closing prices than Masterful Pocket watches.

Explanation:

Standard deviation measures volatility with a high standard deviation pointing to more volatility than less. Stocks with a high volatility are by definition, not very stable.

Masterful Pocket watches has a higher standard deviation than Perfect Plungers Plus which means that Perfect Plungers is more stable than Masterful Pocket watches when it comes to closing prices. Perfect Plus would therefore be the best option for providing a stable long-term investment based on this metric.

7 0
3 years ago
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